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Slower Steaming, More Cargoes Push VLCC Rates

vlcc file photo " data-medium-file="http://gcaptain.com/wp-content/uploads/2017/03/VLCC-300x216.jpg" data-large-file="http://gcaptain.com/wp-content/uploads/2017/03/VLCC-800x576.jpg" />By Keith Wallis Sept 8 (Reuters) – Freight rates for very large crude carriers (VLCCs) on Asian routes may have found a floor this week as a combination of increased chartering activity and some tankers sailing at slower speeds pushed rates slightly higher from the Middle East.
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