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
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
SINGAPORE, July 28 (Reuters) – Owners of modern very large crude carriers (VLCCs) could see a gain in charter rates amid tightening vessel supply but
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
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
By Keith Wallis SINGAPORE, June 23 (Reuters) – Freight rates for very large crude carriers (VLCCs) could creep higher as more ships are chartered for
By Keith Wallis SINGAPORE, June 9 (Reuters) – Freight rates for very large crude carriers (VLCCs) face an uncertain week, possibly coming under pressure
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
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
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
By Ole Petter Skonnord OSLO, March 23 (Reuters) – Privately-owned shipping firm BW Group became the top shareholder in tanker firm DHT Holdings on
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
January 2017 already accounts for 22% of the crude oil tankers previous year’s total deliveries, due to tremendous VLCC delivery growth. (BIMCO) –
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
US-based crude oil shipping company Gener8 Maritime has taken delivery of the VLCC Gener8 Hector from Hanjin Heavy Industries and Construction’s Subic
By Keith Wallis SINGAPORE, Jan 13 (Reuters) – Freight rates for very large crude carriers (VLCCs) are expected to remain stable next week as buoyant
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
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
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
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
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
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