supertankers

The Port of Corpus Christi has sold over $216 million in bonds to help finance the deepening and widening of the Corpus Christi Ship Channel. Currently at a

Belgian tanker company Euronav has purchased the Ultra Large Crude Carrier Seaways Laura Lynn, making it the proud owner of the only two ULCCs in the world

NEW YORK, June 20 (Reuters) – Seaway Crude Pipeline Company LLC, a joint venture between Enterprise Products Partners LP and Enbridge Inc, plans to load

By Alaric Nightingale (Bloomberg) — A 2 million barrel-carrying supertanker arrived for the first time at a jetty in Texas City as surging U.S. oil

By Nidhi Verma (Reuters) – Two of India’s state-owned oil refiners have issued tenders seeking to charter tankers for at least five years while giving

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