Higher rates expected – driven by limited tonnage before Christmas​ Denmark, Copenhagen – 22 December 2024.   The Aframax market had a mixed performance this week. In the UKC, rates saw a slight increase as charterers focused on safer itineraries ahead of Christmas. Meanwhile, activity in the Mediterranean/Black Sea region helped stabilize the market. With the holiday season approaching and limited tonnage available, rates could strengthen further as charterers secure vessels in advance. Although Q4 rates are underperforming across the tanker