{
  "id": 7176440,
  "title": "Americas Aframax rates surge to record high as shipowners regain upper hand",
  "url": "https://urgent.news/2026/09/13/americas-aframax-rates-surge-to-record-high-as-shipowners-regain",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-13T21:00:54.000Z",
  "source": {
    "name": "Hellenic Shipping News",
    "slug": "hellenic-shipping-news",
    "url": "https://www.hellenicshippingnews.com/americas-aframax-rates-surge-to-record-high-as-shipowners-regain-upper-hand/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Aframax freight rates for the Vancouver-China route reached an all-time high on Sept. 10, reflecting shipowners' regained upper hand in the market. Tight tonnage and strong global demand have led to a surge in rates, with the benchmark 80,000 metric ton Vancouver-China rate now at $7.5 million, the highest level since Platts started publishing the assessment in October 2024. The market has also seen a significant increase in the US Gulf Coast-UK Continent/Mediterranean route, with the benchmark 70,000 mt route reaching $450, the highest since April 28 and a $140 increase in a single day.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}