VLCCs back in ‘mad’ territory with scrubber-less tankers taken by the Saudis on subs for more than $200,000 a day -
In one of the most sensational days of tanker trading ever VLCCs climbed back into six-digit territory as Saudi Arabia moved to flood the markets with oil, taking a huge swathe of ships on subs. VLCCs, trading in the doldrums for around $18,000 last Friday, were booked on subs today for up to $241,9...