In the Middle East the market for 280,000mt to US Gulf (routing via the Cape/Cape) is assessed about half a point weaker at just below WS19. Rates for 270,000mt to China have dipped, last assessed at WS34-34.5 level (showing a round-trip TCE of minus $100/day). However, reports overnight detail a couple of fixtures on subjects …
The post Tankers: VLCC Market Slightly Lower Week-on-Week first appeared on Hellenic Shipping News Worldwide.