Why the VLCC market had one of the strongest years in a decade — and what could lie ahead: 2025 market review and outlook for 2026

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Hellenic Shipping News Grecia 17h

Why the VLCC market had one of the strongest years in a decade — and what could lie ahead: 2025 market review and outlook for 2026

For much of the year, freight rates moved broadly in line with 2024 levels. However, as summer turned into autumn, the market broke away from historical patterns. The immediate driver was a surge in crude and condensate on the water, coupled with a sharp increase in tonne-miles. With more barrels t»»»

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