Editorial summary
Top Ships scores bumper rates in multi-year deal for VLCC pair
Splash247 covers three-year charter extensions for Julius Caesar and Legio X Equestris with Trafigura. The two 2022-built VLCCs were fixed at $41,500 per day each, compared with their earlier daily rate of $36,000.
The arrangements also gave Trafigura two one-year extension options on each vessel. The report’s focus is the combination of higher firm-period hire and longer employment coverage for the tanker pair. The optional years are distinct from the initial three-year commitment, and the stated rates describe the November 2023 announcement rather than present-day market quotations.
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