VLCC rates continue to climb, with some vintage tonnage earning top dollar in the spot market.
According to Clarksons, the fleet weighted average for the largest tankers hit $62,900 per day on Monday.
This is up 13.4% from last week on the back of the surging Middle East Gulf to China route, which gained just over 19% week on week to reach $65,500 per day for a scrubber-fitted, eco-designed vessel.
