Fri, 27 Oct 2023 21:00:58 +0000
In the final week of October, crude freight rates on the VLCC MEG-China route witnessed a decline, accompanied by a noticeable uptick in the number of vessels at the VLCC Ras Tanura port. This occurred amidst persistent challenges in the oil industry, marked by ongoing crises that exert downward pressure on oil prices and production …
Full article: https://www.hellenicshippingnews.com/upward-revision-in-vlccs-sailing-ballast-speed-from-the-end-of-september-which-coincides-with-a-decrease-in-bunker-prices/