According to Global Hunter Securities tonnage fixed to carry crude from the Middle East to Japan is commanding $70,000 per day.
In a market briefing the firm noted this is nearly 10% higher than yesterday’s average and represents a gain of 15.2% week-on-week.
Industry veteran Omar Nokta, an equity analyst at Clarkson Capital Markets, believes day rates will remain strong in the near-term.
“VLCCs
