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Friday, September 1, 2017
oil tanker
News

VLCC Rates Continue to Sink On Tonnage Oversupply

By Keith Wallis Sept 1 (Reuters) – Freight rates for very large crude carriers (VLCCs) on Asian routes continue to sink on a glut of available

September 1, 2017
Total Views: 18

Friday, July 28, 2017
oil tankers
News

Owners of Modern VLCCs Could See Rates Blip in Market Under Pressure

SINGAPORE, July 28 (Reuters) – Owners of modern very large crude carriers (VLCCs) could see a gain in charter rates amid tightening vessel supply but

July 28, 2017
Total Views: 14

Friday, July 14, 2017
Shipping News

VLCC Rates Under Pressure as Spare Tonnage Builds

By Keith Wallis SINGAPORE, July 14 (Reuters) – Freight rates for very large crude carriers (VLCCs) are coming under pressure from a build up in ships

July 14, 2017
Total Views: 91

Friday, June 30, 2017
News

VLCC Rates to Stay Flat as Old and Modern Ships Compete for Cargo

By Keith Wallis SINGAPORE, June 30 (Reuters) – Freight rates for very large crude carriers (VLCCs) are likely to remain flat next week, a situation that

June 30, 2017
Total Views: 19

Friday, June 23, 2017
News

VLCC Rates May Edge Up on Floating Storage, August Charters

By Keith Wallis SINGAPORE, June 23 (Reuters) – Freight rates for very large crude carriers (VLCCs) could creep higher as more ships are chartered for

June 23, 2017
Total Views: 24

Friday, June 9, 2017
News

VLCC Rates Face Uncertain Direction on Qatar Tensions, Middle East Cargo Program

By Keith Wallis SINGAPORE, June 9 (Reuters) – Freight rates for very large crude carriers (VLCCs) face an uncertain week, possibly coming under pressure

June 9, 2017
Total Views: 55

Wednesday, April 19, 2017
Accidents

Salvors Working to Refloat Grounded VLCC in Java Sea

Salvors continue to work on refloating a Euronav very large crude carrier (VLCC) which ran aground in soft mud last week in the Java Sea. Euronav reports that

April 19, 2017
Total Views: 72

Thursday, April 13, 2017
Interesting

Very Large Crude Carrier Aground in Java Sea

A very large crude carrier belonging to Belgian tanker company Euronav ran aground Wednesday while carrying a cargo of crude oil through the Java Sea, but

April 13, 2017
Total Views: 137

Friday, March 31, 2017
News

VLCC Rates to Stabilize Around Current Levels on owners’ resistance

By Keith Wallis SINGAPORE, March 31 (Reuters) – Freight rates for very large crude carriers (VLCCs), which have fallen to six-month lows, are likely to

March 31, 2017
Total Views: 19

Thursday, March 23, 2017
BW Utik vlcc supertanker tanker
News

BW Group Grabs Control of Tanker Firm DHT from Fredriksen’s Frontline

By Ole Petter Skonnord OSLO, March 23 (Reuters) – Privately-owned shipping firm BW Group became the top shareholder in tanker firm DHT Holdings on

March 23, 2017
Total Views: 54

Friday, March 3, 2017
vlcc supertanker
News

VLCC Rates Face Uncertainty on Tonnage Woes, Owner Resistance

By Keith Wallis SINGAPORE, March 3 (Reuters) – Freight rates for very large crude carriers (VLCCs), which fell to four-month lows this week, face an

March 3, 2017
Total Views: 45

Thursday, February 2, 2017
vlcc supertanker
News

BIMCO: Record High Crude Oil Tanker Deliveries Add Instant Freight Rate Pressure

January 2017 already accounts for 22% of the crude oil tankers previous year’s total deliveries, due to tremendous VLCC delivery growth. (BIMCO) –

February 2, 2017
Total Views: 196

Wednesday, January 25, 2017
nitc tanker
News

Europe Chomps Most Iran Oil in Years as Two Supertankers Head for Rotterdam

By Anthony DiPaola and Julian Lee (Bloomberg) — Europe is poised to receive the most Iranian crude in about five years this month in a sign that the

January 25, 2017
Total Views: 17

Wednesday, January 18, 2017
News

First Philippines-Built VLCC Delivered

US-based crude oil shipping company Gener8 Maritime has taken delivery of the VLCC Gener8 Hector from Hanjin Heavy Industries and Construction’s Subic

January 18, 2017
Total Views: 146

Friday, January 13, 2017
vlcc supertanker
News

VLCC Rates to Hold Steady as Ship Supply Matches Demand

By Keith Wallis SINGAPORE, Jan 13 (Reuters) – Freight rates for very large crude carriers (VLCCs) are expected to remain stable next week as buoyant

January 13, 2017
Total Views: 80

Thursday, October 6, 2016
Asia Flows Boost Rates for Large Tankers
News

Asia Flows Boost Rates for Large Tankers

By Catherine Ngai and Liz Hampton NEW YORK/HOUSTON, Oct 6 (Reuters) – Robust Asian demand for West African crude is fueling a worldwide surge in shipping

October 6, 2016
Total Views: 13

Friday, April 1, 2016
Asia VLCC Rates Face Uncertain Week as Delays Weigh
News

Asia VLCC Rates Face Uncertain Week as Delays Weigh

By Keith Wallis SINGAPORE, April 1 (Reuters) – Freight rates for very large crude carriers (VLCCs), which hit a two-week high on Thursday, face an

April 1, 2016
Total Views: 10

Friday, February 19, 2016
oil tanker
News

Asia VLCC Rates to Hold Steady After Hitting Near 4-Week High

By Keith Wallis SINGAPORE, Feb 19 (Reuters) – Freight rates in Asian trades for very large crude carriers (VLCCs) are set to hold steady around current

February 19, 2016
Total Views: 6

Wednesday, January 6, 2016
Record Year for VLCCs in Port of Rotterdam
Shipping News

Record Year for VLCCs in Port of Rotterdam

The Port of Rotterdam has reported a record number of very large crude carriers in port in 2015 helped by growth in full oil supply in northwest Europe and

January 6, 2016
Total Views: 206

Friday, December 4, 2015
VLCC Rates to Hold Steady After Hitting a New Five-Year High
News

VLCC Rates to Hold Steady After Hitting a New Five-Year High

By Keith Wallis SINGAPORE, Dec 4 (Reuters) – Freight rates in Asian trades for very large crude carriers (VLCCs) are likely to remain firm as vessel

December 4, 2015
Total Views: 17
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