An eastbound VLCC fixture by Chevron showed further strengthening in the spot market, lifting rates to a two-month high on the benchmark route form the Middle East to Asia.
The US oil major booked Dynacom Tankers Management's 300,000-dwt Houston (built 2012) for a ride from the Gulf to Singapore at WS 75, according to Tankers International.
That compares to last-done rate that reached WS 67.5
