Clarksons Platou has $200,000 VLCC rates in sight

VLCC rates heading back above $200,000 per day?

Equity analysts from Clarksons Platou Securities suggested the possibility in a conference call this week with clients on the Saudi Arabia-Russia oil prices war now unfolding.

Their comments came before a reported fixture of 18 VLCCs on subjects by Saudi Arabia’s national shipping arm Bahri pushed spot rates close to $170,000 per day Wednesday.