Glencore’s ST Shipping & Trading has taken a modern VLCC on time charter in what brokers said is its first move on a trading vessel of this size in many years.
Market sources said ST Shipping has fixed Euronav’s non-scrubber-fitted, 299,999-dwt Dia (built 2015).
The trader’s chartering company has taken the vessel for 12 months at a reported rate of $35,500 per day, with an option for a further 12 months at $42,500 per day.
