After a big mid-month rally, VLCC rates start March just a tick above where they were in February.

There’s a catch as owners compete to ‘get feet wet’ on VLCC orders, Lars Barstad says
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Clarksons VLCC fleet weighted average came in Friday at $46,400 per day, just above the $43,500 per day seen on 1 February but down significantly from the $80,000-plus per day rates seen in the middle of the month.