market
June 25, 2026
VLCC Rates Surge to $470,000 Daily for Hormuz Fixtures
Seatrade Maritime reports that an Embircos tanker has been fixed for $469,000 per day for loading in the Arabian Gulf, as traffic begins to resume through the Strait of Hormuz. This marks a significant increase in VLCC rates in the region.
Embircos tanker (tanker)