Average spot earnings for VLCCs have slumped back into negative territory as the short-lived spike from Ukrainian uncertainty fades.
The Vitol-controlled 300,000-dwt Elandra Denali (built 2020) was reported booked on subjects from the Middle East by BP at Worldscale (WS) 46, down from WS 57.5 previously.
Pool operator Tankers International said this equates to $18,000 per day because the ship has a scrubber and can bunker cheaper high-sulphur fuel oil (HSFO).
