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Charles R. Weber Weekly 13-Decelerating VLCC ton-mile demand weighing on earnings

Monday, 08 April 2013 | 00:00
VLCC spot market ton-mile demand declined by 14% during Q1 from the previous quarter-the greates Q/Q decline in the present cycle-and by 18% from 1Q12 (when a drive by Far East eonomies to reduce imports from Iran boosted voyages to the Far East from points further afield, stoking greater long-haul Download File[PDF]


Source: Charles R. Weber Company, Inc
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