Entries Published On October, 2022
Market Chat: Tankers Strengthen VLCC Earnings
Tankers continue to strengthen VLCC asset prices and rates are finally seeing the increases that the market was hoping for. Sentiment for Tankers is strong with VLCC earnings having risen consistently since June and peaking towards the end of September at almost 70,000 USD/day. This is primarily due to seasonality, with an increase in demand …