Tankers:East VLCCs look for support level

摘要

East of Suez VLCC rates looked soft Tuesday with the market yet to find clear support."Where is the bottom? That is the issue.The current level is Worldscale 75.There is[downward]pressure,"an owner said,adding,"tonnage is slightly on the over-supply side.In November,we have seen around 35 cargoes."