运费，接近200,000美元/天？！

Core Viewpoint - The VLCC (Very Large Crude Carrier) market has seen spot rates exceed $100,000 per day, with some voyages approaching $200,000 per day, highlighting a significant mismatch between theoretical supply and actual operational capacity [1][3]. Group 1: Market Performance - The weighted average spot rate for VLCCs reached $103,200 per day in mid-September, an increase of 8.3% from the previous day [3]. - On September 16 alone, 11 VLCC contracts were completed, with four exceeding $100,000 per day [3]. - The current market conditions indicate a strong performance in the spot market compared to time-charter contracts, with expectations for continued outperformance [8][12]. Group 2: Supply and Demand Dynamics - The actual availability of VLCCs is significantly lower than the statistical fleet size, with 39% of VLCCs over 15 years old, leading to a reduced operational capacity [8][12]. - Future deliveries of new vessels will not fully offset the retirement of older ships, suggesting a prolonged tight market situation [12]. - The Middle East's cargo volume in September exceeded 165 shipments, indicating increased demand, with expectations for even higher volumes in October [13]. Group 3: Industry Sentiment - Industry leaders, such as Frontline's CEO Lars Barstad, express confidence in the VLCC market, citing a strong support structure amid changing trade dynamics due to sanctions and tariffs [7]. - Tsakos Energy Navigation has ordered three new VLCCs to increase capacity, reflecting a positive outlook on market conditions [8]. - The current market is characterized by a combination of geopolitical factors, increased OPEC production, and a shrinking compliant fleet due to sanctions, all contributing to a tightening of actual supply [16].