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Tankers and Gas Middle East and Africa

VLCCs surge as charterers abandon caution

  • Analysis

THE release of the July loading programme in the Middle East Gulf has helped push very large crude carrier rates to the Far East above W215, or around $175,000 per day, as charterers throw caution to the wind, writes Jamie Dale.

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Tankers and Gas Middle East and Africa
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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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