In what could prove to be a game-changing development, rates for VLCC tankers rose to an impressive $47,200/day (WS 59) on Friday for the benchmark Arabian Gulf to Far East voyage. Reports have been claiming that charterers are hiring vessels even before a cargo has been fixed. According to the latest weekly report from analysts at Poten&Partners, "average
WORLD SHIPPING
12 November 2013 - 00:00
VLCC tanker owners on a high, as rates rise to 2013-highs
In what could prove to be a game-changing development, rates for VLCC tankers rose to an impressive $47,200/day (WS 59) on Friday for the benchmark Arabian Gulf to Far East voyage. Reports have been claiming that charterers are hiring vessels even before a cargo has been fixed. According to the latest weekly report from analysts at Poten&Partners, "average
WORLD SHIPPING
12 November 2013 - 00:00
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