Tanker Rates to Stay High, Lengthy Cargo Delivery Times
VLCC earnings have skyrocketed – a vessel fixed on the day before the U.S. – Iran war broke out on February 28 was earning around $200,000 a day. That moved up to $550,000 then…
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VLCC earnings have skyrocketed – a vessel fixed on the day before the U.S. – Iran war broke out on February 28 was earning around $200,000 a day. That moved up to $550,000 then $600,000, then $700,000. Today, it touches nearly $2 million.
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