# Tufton locks in 81% rate hike as tanker and bulker markets surge

> London-listed Tufton Assets fixed the MR product tanker Mia Grace at $39,000 per day, up 81% from $21,500. Charterers also extended sister tankers Catherine Grace and Madelyn Grace for 12 months at higher rates, and the ultramax bulker African Inspiration was extended for six to eight months at a substantially higher rate.

- Date: 2026-11-02 · published 2026-11-03T09:08:47.645Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/77362-tufton-locks-in-81-rate-hike-as-tanker-and-bulker-markets-surge
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Stronger chartering rates for tankers and dry bulkers signal firmer freight demand, which raises the cost of moving grain and meal and can widen origin-destination spreads for feed ingredients. The effect on feed prices is modest and indirect.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- financialports.com: https://financialports.com/tufton-locks-in-81-rate-hike-as-tanker-and/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.