The market in the Middle East for 280,000mt to US Gulf (routing via the Cape/Cape) continues to be assessed at the WS18-18.5 level, while rates for 270,000mt to China have reduced by one point to just above WS31 (a round-trip TCE of minus $4.1k/day). In the Atlantic, rates for 260,000mt West Africa to China have …
The post VLCC Tanker Market Still Looking for Support first appeared on Hellenic Shipping News Worldwide.
