Freight rates for US Gulf Coast loading VLCCs and Suezmaxes are expected to remain low until the second or third quarter of 2021, as the coronavirus pandemic continues to hamper tanker demand. Freight rates for VLCCs on the benchmark 270,000 mt USGC-China run have been below lump sum $5 million...
https://www.hellenicshippingnews.com/us-gulf-coast-loading-vlcc-rates-expected-to-pick-up-by-q3/