ok, VLCC rates seem to be recovering, also because owners rather idle ships than accept even lower prices. Suezmax rates are still at the bottom. I noticed before that VLCC rates are often better than SX rates.
Let's see... the supply is still increasing for at least 9 more months. After that we will perhaps see it balancing and I just hope there will not be another buying spree.
Also, DHT recovered 20%. Perhaps the market thinks that it's getting better from here. ButI perhaps it was only the effect of the good Q2 results and will fade when Q3 is over and Q4 is coming.