If there is one ship class to have done well out of the coronavirus upheaval, it was tankers.
With freight rates rocketing, dozens of owners secured lucrative fixings or found an opportunity to offload ageing VLCCs at once-in-a-lifetime prices.
Greek owners played the game with gusto. Amid what many described as the market of a generation, golden VLCC fixtures were sealed that will wash up hundreds of millions of dollars on Greek shores in the weeks and months ahead.
