In absolute contrast to the dry bulkers and containerships, VLCCs are reportedly booked to sail in laden condition from the Arabian Gulf to Japan for as little as $-2,985 per day. Shorter voyages to east coast India same, same at $-217 per day, when considering it is performed by a scrubber-fitted ship, that spends less money on HSFO than the VLSFO-fuelled VLCC heading for Chiba. For ships that need up to $26,500 per day to break even this is miserable.
What’s happening?
Absolutely noth...