Tanker rates keep falling, this time to four-month lows.
Monday, the Baltic Dirty Tanker Index fell to 850, the lowest level since 25 September.
That is the same day US sanctioned Cosco Shipping Energy Transportation-linked companies, supercharging rates.
The skid sees VLCCs earning just $26,000 per day in the spot market, down from the $70,300 per day 2020 average, according to Poten.
