Rising Geopolitical Tensions Plunges Tanker Market

Capt. John

The weekly report by Fearnleys talks about the tanker market conditions. 

Tankers 

VLCC

A quiet Christmas break for the VLCCs as tonnage has risen for the next 30 days over the festive period. Still, early cargoes are being worked ex MEG. The second decade barely touched, and we should see some more activity here over the next few days. Middle East troubles continue with reports of a drone that has been reported to have been fired from Iran, hitting a tanker in the Indian Ocean. Let’s hope it...

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