18 September 2026
Splash Wrap: When the boom spills over

The most extraordinary numbers this week came from tankers, where the Baltic Exchange’s Middle East Gulf-China VLCC benchmark broke through the equivalent of $1m a day for the first time. VLCCs loading outside the Gulf are earning close to a million a day too, suezmax and aframax markets are flying and 10-year-old VLCCs are now …
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