VLCC Tanker Market On Higher Ground

VLCC It has been a marginally better week for owners all round. In the Middle East Gulf the market for 280,000mt to US Gulf trip (routing via Cape/Cape) is assessed now half a point higher at WS18.75 plus, while rates for 270,000mt to China have gained 3.5 points to about WS34. Short haul to Singapore …

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