Ten ships join Middle East VLCC glut over easter

  • Wednesday 03 April 2013, 14:52

THE number of very large crude carriers available for employment in the Middle East Gulf rose by as many as 10 over the easter holiday break, exacerbating the tonnage oversupply that is preventing freight rates improving significantly for owners.Some 91 VLCCs will be competing against each...

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Wednesday 23 July 14 Q314
 
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VL RT-CHIBA 48.83 53 47.88
SM BNY-PHIL 84.33 74 66
AM SV-WH 113.33 122.33 93.25
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