The latest surge in seasonal demand, as well as several other factors have contributed towards a significant rise of VLCC tanker rates over the past few weeks, even reaching a breathtaking high of $55,000/day on November the 20th. Even so, this latest surge has been rather overwhelming, surprising most analysts. According to the latest weekly report from shipbroker
The latest surge in seasonal demand, as well as several other factors have contributed towards a significant rise of VLCC tanker rates over the past few weeks, even reaching a breathtaking high of $55,000/day on November the 20th. Even so, this latest surge has been rather overwhelming, surprising most analysts. According to the latest weekly report from shipbroker