Fri, 15 Mar 2024 22:00:59 +0000

The tanker market has had a positive month of February, OPEC said in its latest monthly report. VLCC spot rates recovered further in February on all monitored routes, with the Middle East-to-East route leading gains. On average, VLCC spot freight rates rose 11%, m-o-m. Compared with the same month of 2023, VLCC rates were 19% …

 

Full article: https://www.hellenicshippingnews.com/tanker-market-shows-improved-performance-during-february/