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Thu, May

Hunter Group loses $8,350 per day on VLCC charter bet

Hunter Group loses $8,350 per day on VLCC charter bet

TradeWinds
Hunter Group loses $8,350 per day on VLCC charter bet

Norway’s Hunter Group has suffered more losses from its VLCC charters, but rates have seen a significant upturn in the second quarter.

The Oslo-listed investor pays a fixed rate of $51,750 per day to charter in two VLCCs.

It fixed the tankers out at an average index-linked rate of $43,400 per day in the first quarter, losing $8,350 per day.

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