Scrapping fund could put VLCC rates back at 2008 level
![](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article3002879.ece/ALTERNATES/schema-16_9/MaerskVLCC2.jpg)
Frontline's suggestion of scrapping the oldest VLCCs in the market through a common scrapping fund supported by tanker carriers could become a game changer for the struggling market for large supertankers, according to McQuilling.
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