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Ageing VLCCs are an unlikely source of support to market for now, but could be squeezed out in the near future

Summary by vortexa.com
The utilisation of ageing VLCCs is supportive of crude freight for now, but they will soon be squeezed out of the mainstream market into scrapping or servicing opaque flows
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vortexa.comvortexa.com

Ageing VLCCs are an unlikely source of support to market for now, but could be squeezed out in the near future

The utilisation of ageing VLCCs is supportive of crude freight for now, but they will soon be squeezed out of the mainstream market into scrapping or servicing opaque flows

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vortexa.com broke the news in on Tuesday, May 20, 2025.
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