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Tanker Market: Rates on the Rise During August

The tanker market rose during August, OPEC said in its latest monthly report. Dirty tanker spot freight rates were stronger in August, led by gains in VLCC rates. Spot freight rates for VLCC rose, m-o-m, across all monitored routes, recovering from the decline seen in the previous month. On the Middle East-to-East route, VLCC spot ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

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