VLCC Market Faces Mixed Signals: Rate Rebound Amid China's Shifting Crude Strategy and Weaker Demand – The beginning of Bahri week brought encouraging developments for Very Large Crude Carrier (VLCC) owners, as rates improved in both East and West African markets.
Capesize Activity Picks Up as Winter Market Takes Hold - The October slump in Capesize spot rates is now behind us, and we anticipate rates will soon reach the mid-$20,000 range.
