Fri, 06 Oct 2023 21:00:58 +0000
During the first week of October, the VLCC MEG China rates experienced a downward revision, amid hopes of a recovery. Looking at the demand, growth rates are still significantly lower than what they were the previous year leading to a negative sentiment in the crude freight market. Moreover, there are concerns about oil demand as …
Full article: https://www.hellenicshippingnews.com/vlcc-tonne-days-growth-from-ag-to-china-has-decreased-to-the-lowest-level-since-the-end-of-2022/