PG-Asia VLCC rates revisit 10-year lows; clean Sing-Japan rates rally

摘要

Limited chartering in the Persian Gulf pushed VLCC rates into Asia into Asia below Worldscale 30 last week, revisiting the 10-year lows last seen in April. Philippine's Petron fixed a relet VLCC at w29 for a 265,000mt crude shipment into Bataan, 7 points down from the previous week on the back of surplus tonnage avails, said shipbrokers.