Seatrade: Single-hull Savings on Middle East-Asia Run

“Referring to a recent Poten tanker opinion, Seatrade wrote “the widening freight differential between single and double-hulled VLCCs on the route from the Arabian Gulf to Asia could mean a saving of $2m a voyage . . . And, despite the declared intentions of various major charterers to reduce their dependence on single-hulled VLCCs in the wake of the Hebei Spirit incident, some large charterers are actually using more single-hulled tonnage on this key tanker route.”