- Vessels are making voyages of as much as 21,000 miles direct from Asia, all the way around South Africa, holding nothing but seawater for stability.
- Middle East producers restrict supplies.
- America’s light crude must be exported, and not enough supertankers are in the Atlantic Ocean for the job.
- Daily earnings for the VLCCs, on the benchmark Middle East-to-China route doubled since last week to $29,494.
- The U.S. both exports and imports large amounts of crude as the variety it pumps is very...
http://mfame.guru/12-vessels-travel-21000-miles-holding-nothing-but-seawater/
