Tankers International reports 15 VLCCs have been fixed already in November for Brazil to China crude trades
A record 19 VLCCs loaded Brazilian crude exports in October to take advantage of strong demand from China, according to data from Tankers International.
The increase in the Brazil-China trade has contributed to a surge in tanker tonne-miles with average round trips taking 100 days compared with 60 from the Middle East, said the specialist VLCC pool.
Record Brazil VLCC loadings boost tanker profits | TradeWinds (tradewindsnews.com)
