Spot earnings for VLCCs climbed by 30% to $55,768 per day last week, the world’s largest shipbroker said in its weekly report.

It says strong sentiment in the Middle East Gulf and bullish owners in the Atlantic helped drive the progress.

In the same report, Clarksons analysts compared the historical struggles of the VLCC market to Austin Powers in the film, The Spy Who Shagged Me.

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