Supertankers without scrubbers book lowest earnings in two decades

Spot earnings for VLCCs without scrubbers fell to the lowest level in more than two decades in the first half of 2021 on the important route from the Middle East to China, writes Gibson Shipbrokers.

Photo: AET

VLCC supertankers without scrubbers installed are currently generating the lowest earnings in more than 20 years on the important route from the Middle-East to China, writes Gibson Shipbrokers in an update.

The shipbroker points to the fact that earnings from major non-scrubber fitted vessels averaged to USD 500 a day on the trade known as TD3C, one of the most important trade routes for crude oil.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

DB Schenker defends carriers in red-hot container market

One of the major global customers, German DB Schenker, defends the quality offered by container lines in the exceedingly feverish market, which other freight forwards have criticized in strong terms. Even the high rates are in order, says the COO of Air & Ocean in an interview with ShippingWatch.

Azane Fuel Solutions was created during the pandemic using Teams

Azane Fuel Solutions was established in the middle of the pandemic. Digital meetings and planning over the phone proved no obstacles for top execs at Amon Maritime and Econnect Energy during the start-up. Now they have to set up bunkering terminals for ammonia in two and a half years.

Further reading

Related articles

Trial banner

Latest news

See all jobs