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2026-09-24

VLCC Middle East-to-China Rates Top $1.2 Million a Day, Up More Than 40-Fold This Year

VLCC Middle East-to-China Rates Top $1.2 Million a Day, Up More Than 40-Fold This Year

Key points

VLCC spot rates from the Middle East to China, $mn per day ｜ Rates reach about $1.25mn a day, up more than 40-fold year to date and above $1.2mn for the first time

Image source: @acemaxx