decline
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News
Continued downward pressure with a significant decline in VLCC demand growth rates
The second week of September maintains its grip on the crude oil freight market’s sentiments, as VLCC rates have yet…
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News
Xeneta: Long-term ocean freight rates plunge by more than 60% in year of decline, but changing fortunes appear imminent
Long-term ocean freight rates slid once again in August, marking the 12th consecutive month of declines for beleaguered carriers. According…
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