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Tankers and Gas VLCC International

VLCC rates climb on firm activity

Higher volumes out of the US and an expected uptick in activity from the Middle East helped spur the market to its highest average level since November

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Demand from China is seen as the biggest driver for large crude carriers with charterers seeking to fix tonnage for longer periods, given bullish signals

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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