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Upward revision in VLCCs sailing ballast speed from the end of September, which coincides with a decrease in bunker prices

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, …

Upward revision in VLCCs sailing ballast speed from the end of September, which coincides with a decrease in bunker prices Read More »