Morning Tanker Market Commentary
May 16, 2014
VLCC | Rates have slipped below covering Operating Expenses despite an increase in the end of May cargo liftings. The overhang of tonnage into June will weigh on rates going forward.
VLCC | Rates have slipped below covering Operating Expenses despite an increase in the end of May cargo liftings. The overhang of tonnage into June will weigh on rates going forward.