Newbuild VLCCs commanding ‘hefty’ $10,000 premium

The scarcity of newbuild tankers this year combined with a widely predicted growing demand for floating oil storage is seeing rates flipped around. Just 27 new VLCCs have been delivered this year with another 17 slated to hit the water before the end of the year, contrasting significantly with the 68 VLCCs delivered from Asian …

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