VLCCs Record Breaking Pace: Where Does the Market Go From Here?

A week for the record books has just been completed, with many wondering where to from here? In its latest weekly report, shipbroker Gibson said that “the VLCC markets reached unprecedented levels this week, with TD3C surging above $1.2mn/day, TD34 climbing over $750,000/day and TD22 reaching around $400,000/day on an Eco basis. The rally has …

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