marches1.27 millionVLCC freight rates hit record $1.27 million per day

VLCC freight rates hit record $1.27 million per day

VLCC freight rates have reached $1.27 million per day off the coast of Oman.

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The fact

This surge is due to the saturation of ship-to-ship transfer capacities following Saudi diversions.

Houthi attacks in the Red Sea are exacerbating logistical tensions.

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Auto-synthesis from 1 media source · identified on September 25, 2026