Tankers: VLCC Market Softening

Capt. John

VLCC A busier week in the Middle East Gulf led to a slight softening of rates overall. Following an initial and partial recovery, 270,000mt to China had been peaking at WS90, before settling in the very low WS80s. 280,000mt to US Gulf (USG) eased a couple of points, to WS48/49 level. In the...

https://www.hellenicshippingnews.com/tankers-vlcc-market-softening/

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