VLCC The market had a minor rebound this week. On 280,000mt Middle East Gulf to US Gulf (Cape/Cape routing) levels held around the W20.5 mark while the rate for 270,000mt Middle East Gulf to China recouped 2.19 points to W40.05 (showing a roundtrip TCE of $891/day). In the Atlantic market, rates for 260,000mt West Africa …
The post Tankers: VLCC Market Posts Slight Rebound This Week first appeared on Hellenic Shipping News Worldwide.