Bruton lands six-figure rate for second new VLCC

Tor Olav Trøim-backed Bruton has fixed its second VLCC newbuilding at a net rate of $105,700 per day. The Oslo-listed tanker owner has placed the 300,000 dwt Mount Horizon on a fixed-rate charter lasting between 12 and 15 months with an unnamed counterparty. The ship is scheduled to deliver from China’s New Times Shipbuilding in … Read full article →