Hong Kong-based VLCC owner Landbridge Holdings has one ship ready to fix on time charter in the midst of a historically strong market, and another on the way.
But the company does not intend to exploit the timing to extract top dollar by trading the vessels spot, pooling them or seeking short-term charters. Instead, Landbridge is in negotiations for a charter of “more than two years” for the first eligible ship with one of its long-term clients.
