Paul, in comparing freight rates for Med vs Caribs and Caribs vs Caribs (cargo size), I do see Bo's point.
For smaller lot sizes (8,600 - 11,800 MT), the rates are abt.
: 	$50 - $60 W. Africa to Med and   	$60 - $80 W. Africa to Caribs  however,  the larger cargoes (20,000 - 30,000 MT) curently moving are as follows: 	$30 - $40 W. Africa to Med and 	$40 - $60 W. Africa to Caribs  So, in comparison to the Med, the additional freight incurred on moving a 8,600 MT cargo to  Puerto Rico vs a 20,000 MT cargo to the Med is $40.00, or for an 11,800 MT cargo $20.00.
Granted, these are not negotiated numbers, so they could be slightly better.
Let me know your thoughts.
Just keep in mind that PDVSA is there to supply an October cargo at +7.
I would hesitate to purchase from an alternative source lest they back off on other negotiations.
Best regards,

Freight Rates - West Africa - Med / Caribs
Paul, in comparing freight rates for Med vs Caribs and Caribs vs Caribs (cargo size), I do see Bo's point.
For smaller lot sizes (<NUMBER> - <NUMBER> MT), the rates are abt.
: <CUR><NUMBER> - <CUR><NUMBER> W. Africa to Med and <CUR><NUMBER> - <CUR><NUMBER> W. Africa to Caribs however, the larger cargoes (<NUMBER> - <NUMBER> MT) curently moving are as follows: <CUR><NUMBER> - <CUR><NUMBER> W. Africa to Med and <CUR><NUMBER> - <CUR><NUMBER> W. Africa to Caribs So, in comparison to the Med, the additional freight incurred on moving a <NUMBER> MT cargo to Puerto Rico vs a <NUMBER> MT cargo to the Med is <CUR><NUMBER>, or for an <NUMBER> MT cargo <CUR><NUMBER>.
Granted, these are not negotiated numbers, so they could be slightly better.
Let me know your thoughts.
Just keep in mind that PDVSA is there to supply an October cargo at <NUMBER>.
I would hesitate to purchase from an alternative source lest they back off on other negotiations.
Best regards,
pdvsa supply october africa curently hesitate purchase alternative rates med vs caribs larger cargoes incurred moving paul comparing