Tankers: VLCC Market Slips Further

VLCC Overall rates slipped further downwards, for Middle East region 280,000mt to US Gulf via the Cape/Cape routing continues to be assessed at WS18-18.5 level. Meanwhile, rates for 270,000mt to China eased another 1.5 points to WS28-28.5 level (showing a TCE of minus $6,000/day). In the Atlantic region, 260,000mt West Africa to China saw rates …

The post Tankers: VLCC Market Slips Further first appeared on Hellenic Shipping News Worldwide.

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