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500 days since last VLCC demolition sale

On Monday 2 November – it will be 500 days since the last VLCC left active service when it went on its final journey from Jeddah to Bangladesh for dismantling. Strong crude oil tanker market earnings from August 2019 through July 2020 have evaporated any interest in demolition sales. By end-October 2020, spot freight rates ...

The post 500 days since last VLCC demolition sale first appeared on Hellenic Shipping News Worldwide.

WP_Post Object ( [ID] => 233410 [post_author] => 78 [post_date] => 2020-10-28 22:00:58 [post_date_gmt] => 2020-10-28 22:00:58 [post_content] =>

On Monday 2 November – it will be 500 days since the last VLCC left active service when it went on its final journey from Jeddah to Bangladesh for dismantling. Strong crude oil tanker market earnings from August 2019 through July 2020 have evaporated any interest in demolition sales. By end-October 2020, spot freight rates ...

The post 500 days since last VLCC demolition sale first appeared on Hellenic Shipping News Worldwide.

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