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VLCC Rates to Soar On Growing West Africa, Middle East cargoes

By Keith Wallis SINGAPORE, Sept 30 (Reuters) – Freight rates for very large crude carriers (VLCCs) are set to rise further next week, fuelled by a raft of cargoes from West Africa and the Middle East amid tight tonnage supply, ship brokers said on Friday. VLCC freight rates hit a multi-month high on Thursday. “The […] The post VLCC Rates to Soar On Growing West Africa, Middle East cargoes appeared first on gCaptain.
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