Trader uses Sinokor tanker for trip to take advantage of cheaper freight rates
Dirty tankers are increasingly switching to clean trades amid a shortage of vessels created by product tankers rerouting away from the Red Sea trouble spot.
A first VLCC chartered to take a diesel cargo west from the Middle East in nearly a year highlights the trend, which is complicated by the minimal number of big crude tanker newbuilding deliveries in 2024.
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