BIMCO: Crude tanker newbuild contracting jumps 490% as VLCC orders gain pace
In this week’s “Shipping Number of the Week” from BIMCO, Shipping Analyst, Filipe Gouveia, looks at the surge in crude tanker newbuild contracting at the start of 2024, and positive outlook for very large crude carriers (VLCC) as the supply/demand balance could tighten and sailing distances increase.
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