VLCC freight forward agreements (FFAs) are ticking up following Israel’s continuing attacks on Iran.
Analysts said on Friday that current FFA rates on the Middle East Gulf to China route
VLCC freight forward agreements (FFAs) are ticking up following Israel’s continuing attacks on Iran.
Analysts said on Friday that current FFA rates on the Middle East Gulf to China route
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Iran’s oil industry has not been affected by a barrage of Israeli air strikes against the country early on Friday and is operating normally.
"No damage was caused to the
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HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has announced a KRW 349bn ($254.3m) contract for two 300,000-dwt crude carrier newbuildings.
It said the VLCCs, ordered by a shipping company