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Thu, May

Angelicoussis VLCC linked to Petrobras term deal at market-beating rate

Angelicoussis VLCC linked to Petrobras term deal at market-beating rate

TradeWinds
Angelicoussis VLCC linked to Petrobras term deal at market-beating rate

Greece’s Angelicoussis Shipping Group (ASG) is said to have clinched a term VLCC charter at a market-beating rate despite a slide in spot earnings for the big tankers.

Brokers reported the 319,000-dwt Maran Libra or Maran Leo (both built 2014) booked by Brazilian energy major Petrobras for two years at $48,800 per day.

One of the two ships will start the deal in June, they added.

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