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VLCC Spot Market Posts Lowest First Half Earnings in Two Decades

VLCCs of lower spec have endured the worst spot market of the past two decades, during the first half of 2021. In its latest weekly report, shipbroker Gibson said that “VLCC spot earnings averaged just $500/day on the benchmark TD3C trade during the 1st half of this year on slow steaming, non scrubber, non ECO ...

The post VLCC Spot Market Posts Lowest First Half Earnings in Two Decades first appeared on Hellenic Shipping News Worldwide.

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VLCCs of lower spec have endured the worst spot market of the past two decades, during the first half of 2021. In its latest weekly report, shipbroker Gibson said that “VLCC spot earnings averaged just $500/day on the benchmark TD3C trade during the 1st half of this year on slow steaming, non scrubber, non ECO ...

The post VLCC Spot Market Posts Lowest First Half Earnings in Two Decades first appeared on Hellenic Shipping News Worldwide. [post_title] => VLCC Spot Market Posts Lowest First Half Earnings in Two Decades [post_excerpt] => VLCCs of lower spec have endured the worst spot market of the past two decades, during the first half of 2021. In its latest weekly report, shipbroker Gibson said that “VLCC spot earnings averaged just $500/day on the benchmark TD3C trade during the 1s... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => vlcc-spot-market-posts-lowest-first-half-earnings-in-two-decades [to_ping] => [pinged] => [post_modified] => 2021-07-18 21:00:59 [post_modified_gmt] => 2021-07-18 21:00:59 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hellenicshippingnews.com/?p=877619 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )