Earnings on the benchmark Saudi Arabia-to-China supertanker route surged to a record $647,000 per day on Thursday, according to Baltic Exchange data cited by Bloomberg

VLCC tanker earnings near $650,000 a day as the Iran war chokes Strait of Hormuz traffic and Sinokor's fleet consolidation reshapes global oil

VLCC tanker earnings surge near $650K daily as Iran conflict disrupts the Strait of Hormuz, while Sinokor's $7B fleet bet reshapes global oil