Braemar ACM director Plumbe says the new vehicle VLCC Chartering is good news for tanker owners.

Speaking to TradeWinds after Braemar reported its half year figures today, Plumbe said: “From an owners point of view it’s a very positive thing to do.

“To have an alliance now which consists of 67 ships does potentially help the structure of the trading of the market.

“We