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Asia Flows Boost Rates for Large Tankers

By Catherine Ngai and Liz Hampton NEW YORK/HOUSTON, Oct 6 (Reuters) – Robust Asian demand for West African crude is fueling a worldwide surge in shipping rates for the largest oil tankers that is being felt from Houston to Singapore. Chartering rates for Suezmaxes and very large crude carriers (VLCCs) have recovered rapidly in recent […] The post Asia Flows Boost Rates for Large Tankers appeared first on gCaptain.
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