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VLCC rates push higher
- Saudi Arabia: Monday, October 24 - 2005 at 07:54
Very Large Crude Carrier operators have largely been successful in pushing for higher rates, reported Gulf News. Rates for western shipments are up from Worldscale 100 to 110. Rates in all load areas rose sharply last week with strikes in France and delays in the Bosphorus on the horizon.
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Peter J. CooperMonday, October 24 - 2005 at 07:54 UAE local time (GMT+4)
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This article was updated on Sun Sep 17 2006.
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