VLCC rates rally highlights two-tier charter market

  • Wednesday 18 April 2012, 17:23

THE spot rates rally seen in the very large crude carrier sector in March and so far in April has highlighted the growing two-tier market between modern and old vessels, offering “good value” for owners of newer vessels, according to major owner

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Imarex Tanker Futures

Wednesday 25 March 15 Q215
 
Q315
 
CAL16
 
VL RT-CHIBA 47 43.5 68.29
SM BNY-PHIL
AM SV-WH 96 88 116.1
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