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Tankers and Gas Sanctions VLCC

Cosco VLCCs attract charterer interest after sanctions lifted

The reactivated VLCC fleet under Cosco Shipping Tanker (Dalian), which had been blacklisted by the US until last Friday, has a total of 22 units as of February 7. Freeing the tonnage comes as tanker earnings have been experiencing a freefall led by the VLCC sector during the past weeks

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CNOOC provisionally agreed a rate of Worldscale 45 to load 260,000 tonnes of crude on Cosrising Lake from West Africa to China

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