CLARKSONS HELLAS – SnP WEEKLY

Tanker rates have hit record highs this week. VLCC earnings are now averaging over USD 600,000 p/d globally, with rates near Hormuz reaching as high as USD 800,000-1.5 million p/d. This is being driven by a surge in oil shuttled through the Strait via ship-to-ship transfers, now above 7.5 million barrels a day, as Saudi ...

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