Tanker

US oil sends VLCC rates skyrocketing

Record oil exports out of the US and strong Chinese demand have boosted rates for the largest tankers back up to profitable levels.
Photo: DHT
Photo: DHT
by OLE ANDERSEN

Major US oil exports and strong Chinese demand have sent tanker rates for Very Large Crude Carriers (VLCC) back up to profitable levels.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs