Snapshot of Spot Freight Rates, Supply-Demand Trends, Port Congestions
Red Sea – Key Tanker Flows
Breakwave Bi-Weekly Tanker Report - February 13, 2024
VLCC market comes to life amid Lunar New Year rush and heightened geopolitical tensions – Following an uneventful conclusion to January loadings, the VLCC (Very Large Crude Carrier) market displayed stronger indications across global regions in the second week of February as Charterers rushed to secure shipments ahead of the Lunar New Year, prompting a resurgence in rates.











