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VLCC rates hit record highs, driven by mainstream crude liftings to Asia - Vortexa
By Mukesh Sahdev Visit author profile
• Middle East Gulf VLCC freight rates soar to record highs as Asia switches from high-risk to mainstream crude supplies • Saudi Arabia shift liftings towards MEG due to closure of East-West pipeline and Red Sea attacks, reducing intra-country flows • Halt in Yanbu crude loadings…
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