WEST OF SUEZ DIRTY TANKER QUARTERLY: Prospects for Q4 recovery in the balance amid mixed signals
October 11, 2023 Comments Off
VLCC owners look to shake off late summer bearishness West of Suez VLCC market participants expect rates to hold steady — or even firm — into the fourth quarter, after a particularly volatile period that saw rates drop to near 16-month lows in mid-September before mounting a recovery. Market sources cited various reasons beyond seasonality for this weakness, including a…
WEST OF SUEZ DIRTY TANKER QUARTERLY: Prospects for Q4 recovery in the balance amid mixed signals
VLCC owners look to shake off late summer bearishness West of Suez VLCC market participants expect rates to hold steady — or even firm — into the fourth quarter, after a particularly volatile period that saw rates drop to near 16-month lows in mid-September before mounting a recovery. Market sources cited various reasons beyond seasonality for this weakness, including a…
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