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1 month ago
Spot liquidity in the once crucial crude oil shipping corridor for VLCCs from the Middle East to the US Gulf Coast has fallen by almost 70% over the past five years as the US flips from being a major crude importer to exporter. Prior to 2017, the route averaged slightly over 20 fixtures/month, but this has fallen progressively to 9.3 fixtures/month in 2020 ...

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