CLAVE 1 / 4$235 million is the current price for a prompt resale VLCC, 82% above a newbuilding contract.
CLAVE 2 / 4A 5-year-old VLCC costs $210 million, more than a newbuilding ordered today.
CLAVE 3 / 4VLCCs are earning over $1 million per day amid geopolitical disruptions in the Persian Gulf.
CLAVE 4 / 4Shipowners are reluctant to sell, fearing prices could rise further tomorrow.
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