VLCC Fixture Tutorial (1)

Tracking and Understanding VLCC Fixtures

Investing in VLCC-related equities has two distinct advantages:

— there are several well-managed, liquid companies which have a long track-record of good governance and returning excess profits to shareholders: DHT 0.00%↑ and FRO 0.00%↑

— VLCC rates trends can be tracked easily (for free!) on a daily basis via the Tankers International site and Twitter account.

This article is the first in a series: a tutorial to help you understand the VLCC trade.