VLCC rates at highest level in seven years
The booming tanker market is still supplying stronger and stronger rates where especially the very large VLCC ships benefit from the low oil price.
BY DANIEL LOGAN BERG-MUNCH
The players in the tanker sector can currently watch their fortunes grow day after day in a market that continues to deliver extremely high rates for the season. The VLCC rates are now up at the highest level since 2008.
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