Are VLCCs anywhere near bottoming out?
Jason Jiang May 25th, 2018 https://splash247.com/vlccs-anywhere-near-bottoming/
Chief correspondent Jason Jiang warns there’s more pain in store for tanker owners.
The crude tanker market is suffering some of its worst ever times with earnings across all size groups at very depressed levels this year, and reduced demand and existing overcapacity issues still very evident.