VLCC rates surge as tanker owners steer clear of Middle East war zone

Bookings close to a standstill in Middle East Gulf

The US expeditionary mobile base platform ship USS Lewis B Puller transits the Strait of Hormuz. — The US expeditionary mobile base platform ship USS Lewis B Puller transits the Strait of Hormuz.Photo: US Navy

Gary Dixon

TradeWinds correspondentLondon

Published 16 June 2025, 06:49Updated 16 June 2025, 07:48

VLCCs Iran Sentosa Ship Brokers Gibsons Shipbrokers LR2 tankers