VLCC rates turn ‘negative’ but owners still making some money

Capt. John

Spot rates from Middle East assessed at -$800 per day, with the market described as “pitiful”, but perhaps still profitable

Author: Capt. John

https://www.tradewindsnews.com/tankers/vlcc-rates-turn-negative-but-owners-still-making-some-money/2-1-949809

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon