Why VLCC Rates in West Africa are Firming

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Post by Kevin Khorshid
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In a fascinating turn of occasions, the VLCC market in West Africa rebounded last Thursday from its most affordable point in six months. Hiding its usual fad of lining up with the AG market, VLCC rates on the WAF/East path grew by w1.5 factors on the week to w55 last Thursday as a result of increased task in WAF …