Deciphering the dirty tanker record rally
In order to decipher this historic level of freight rates we will focus on the drivers in three different parts: 1 – Cargo supply and demand This is the perspective where record VLCC rates are least justified. Global crude departures have been around 44mbd over the last 2.5 months, about 5mbd lower than over the ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.