Hunter Group's VLCC Strategy Finally Delivers Massive Returns
Norwegian shipping company Hunter Group is positioned to generate substantial earnings from its chartered tankers as spot rates surge past $150,000 per day.
The Charter-In Advantage
The company currently operates two VLCCs (Very Large Crude Carriers) under long-term charter-in contracts secured at a rate of $51,750 per day. This strategic move allows Hunter Group to capitalize on the current market spike while maintaining fixed lower costs.
Photo: Hunter Group
With current spot rates exceeding $150,000 daily, the company stands to benefit significantly from the spread between their fixed charter rates and prevailing market prices. This situation demonstrates how strategic timing and long-term planning in volatile markets can create exceptional profit opportunities.
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