Thu, 14 Sep 2023 21:00:58 +0000

The second week of September maintains its grip on the crude oil freight market’s sentiments, as VLCC rates have yet to display the anticipated rebound. The struggle persists in the VLCC MEG-China rates, leaving industry observers closely monitoring the demand dynamics of the Chinese economy as we approach the end of September. Illustrated in the …

 

Full article: https://www.hellenicshippingnews.com/continued-downward-pressure-with-a-significant-decline-in-vlcc-demand-growth-rates/