VLCC Rates to Hold Firm as Owners Await MidEast Cargoes

Freight rates for very large crude carriers (VLCCs), which rose to multi-month highs this week, are likely to hold firm as owners tread water before the release of further Middle-East and West Africa cargoes, ship brokers said on Friday. “The market is taking a bit of a breather., VLCC Rates to Hold Firm as Owners Await MidEast Cargoes,

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