VLCC rates stable amid ongoing challenges and shifting dynamics in oil supply/demand – The VLCC freight market sentiment appeared softer at the end of November, despite a more promising outlook mid-month, hinting at a better-balanced market.
Capesize Spot Index bounces back in the 20s… but is a correction inevitable? – Capesize spot rates staged a sharp rebound following an earlier drop into the mid-teens, with the Index moving firmly above 20,000.
