OPEC Cuts Hurt VLCC and Suezmax Markets

In its latest Tanker Freight Forecaster MSI notes that the VLCC and Suezmax markets moved unequivocally downwards in January, with spot rates sliding rapidly from a seasonally strong December. Pressure has persisted in these sectors in February leaving the crude tanker spot market under increasing strain. Read more . . .

OPEC Cuts Hurt VLCC and Suezmax Markets

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