VLCC In the Middle East, the market for 280,000mt Middle East to US Gulf (routing via the Cape/Cape) is assessed almost a point lower than last week on the back of a weaker market in general. Rates for 270,000mt to China have eased 2.5 points to WS32.5/33 level (showing a round-trip TCE of $800/day) with …
The post VLCC: Tanker Markets In Limbo first appeared on Hellenic Shipping News Worldwide.