Clean The BCTI ticked over the 1000 mark this week as CPP tanker freight continued to climb on the majority of sectors. Extreme bunker prices are, however, putting a dampener on owners’ returns. In the Middle East Gulf, the LR2s have been the hot topic. Reports of a steady flow of naphtha stems from the …
The post Tanker Market: VLCC Market Sees Rates Edge Downwards This Week first appeared on Hellenic Shipping News Worldwide.