An upturn in oil majors chartering VLCCs on period contracts is the latest piece of good news for owners.

AET and Cavo d'Oro Navigation of Greece are the latest to benefit as majors look to take on vessels at a time of strong spot activity.

AET’s 300,200-dwt Bunga Kasturi Lima (built 2007) has been taken by BP on a two year charter at $42,500 per day, shipbrokers say.

Exxon Mobil is reported to have taken on the 306,300-dwt Mistral (built 2000), owned by Cavo d'Oro, for the same period at $40,000 per day.