VLCCs enjoy the most impressive summer rally on record
From early June until middle of August， time charter equivalents (TCEs) for non-eco tonnage rose by $65，000 per day， finally dragging the sector out of its loss-making habits， which had been impossible to shrug off throughout the first half of the year. Non-scrubber VLCCs are now earning more than $40，000 a day， a remarkable， unseasonal turnaround.
2022.08.22
Equatorial Guinea Detains a VLCC Accused of Oil Theft by Nigeria
A 300，000 dwt VLCC got into a dispute with the Nigerian authorities last week and was ultimately chased down and detained by the navy of neighboring Equatorial Guinea while the dispute is being investigated.
2022.08.18
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