VLCC Rates have slipped in all sectors. In the Middle East the market for 280,000mt Middle East to US Gulf trip (routing via the Cape/Cape) is assessed a point lower at WS18, while rates for 270,000mt to China have eased 1.5 points to about WS31.5 which shows a round-trip TCE of about $500 below...
https://www.hellenicshippingnews.com/tankers-vlcc-market-under-pressure/