VLCC This sector had a torrid week with Charterers firmly in the driving seat. Rates tumbled in the Middle East with 270,000mt to China at WS36.5 region, down 19 points week-on-week. The 280,000mt to US Gulf via the Cape/Cape routing is assessed eight points lower at WS23.5. In the Atlantic it was...
https://www.hellenicshippingnews.com/tankers-vlcc-market-in-the-doldrums/