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Thursday, November 15, 2018

No. 9 2012 - 2 Mar




Record spot activity for VLCCs

VLCC spot chartering activity has been high since November 2011 and with reference to the graph below, this year saw an all-time high with 201 spot fixtures reported to be made for laycan in February. The high activity has probably been due to traders building up positions on the back of tension surrounding the Iran situation. The high purchasing activity of oil has also resulted in record high...... More