Anders Wilhelmsen and Wilbur Ross have finally managed to strike a profitable charter deal for one of their expensive so-called 'eco' VLCCs.

The 320,000-dwt Eco Leader (built 2016) has been fixed for a year by Hyundai Glovis at $38,000 per day, reflecting the recent sharp increase in the period rates for VLCCs.

A couple of weeks ago such ships only earned $32,000 per day on 12 month charters.