Uncertainty in world energy markets is continuing to drive VLCC rates up, with gains running at 2,100% this year from all-time lows.
Demand from Asian charterers means plenty of scope for owners to keep asking for more money, brokers and analysts said.
John Fredriksen’s Frontline was reported to have fixed the 321,000-dwt Front Eminence (built 2009) on subjects for a Middle East Gulf-to-Japan voyage for Glasford Shipping of Hong Kong at Worldscale (WS) 59.50,
