VLCC In the Middle East the market for 280,000mt to US Gulf (routing via the Cape/Cape) continues to be assessed around the WS18-18.5 mark, while rates for 270,000mt to China have improved one point WS32.5 (a round-trip TCE of minus $3.5k/day). In the Atlantic, rates for 260,000mt West Africa to China have modestly risen two …
The post VLCC Market on Steady Course for Yet Another Week first appeared on Hellenic Shipping News Worldwide.