VLCC
The only “booster” that works in the VLCC market, apart from underlying supply and demand of course, is transparency. As Mark Twain put it: “Get your facts first, then you can distort them as you please”. Right now, it feels a bit like the owning community fancy they got more to win than lose by being tight lipped, and with that they give charterers the upper hand to change the narrative. The few open market quotes out there can cater for a wider range of the fleet and inadvertently becomes...
https://mfame.guru/north-sea-aframax-rates-firm-amid-tight-list-and-mediterranean-pull/