Belgian tanker giant Euronav is increasingly optimistic about market prospects towards the end of this year as rates continue to rise.
In its second-quarter results statement, the New York and Brussels-listed VLCC and suezmax specialist revealed spot rates so far in the third quarter have averaged $12,700 per day for 47% of VLCC days, with suezmaxes at $23,900 for 49% of days.
