China’s Supertanker Traffic Jam Propels Global Shipping Rates
By Manisha Jha (Bloomberg) — Supertankers hauling crude to China are contending with increased waiting times to unload as some on- land storage
By Manisha Jha (Bloomberg) — Supertankers hauling crude to China are contending with increased waiting times to unload as some on- land storage
By Jessica Jaganathan SINGAPORE, Sept 21 (Reuters) – Record high stocks of fuel oil in Singapore are pushing traders to store the shipping and
By Naomi Christie (Bloomberg) — For operators of very large crude carriers, the tankers that move as much as 2 million barrels of oil across
By Keith Wallis SINGAPORE, Aug 14 (Reuters) – Freight rates for very large crude carriers (VLCCs), which have fallen to their lowest level in 10
By Jonathan Saul LONDON, July 23 (Reuters) – A ban on 113 oil tankers by Nigerian state oil company NNPC must be lifted immediately as no grounds
By Jonathan Saul LONDON, July 16 (Reuters) – An Iranian supertanker with two million barrels of oil is heading to Asia after sitting in Iranian waters
The National Shipping Company of Saudi Arabia, aka Bahri, has returned to South Korea’s Hyundai Samho Heavy Industries for five newbuild Very
STX Offshore & Shipbuilding has confirmed an order from billionaire shipping tycoon John Fredriksen calling for the construction of up to 6 VLCCs.
Rates for very large crude carriers (VLCCs) on key Asian routes are likely to hold steady or climb next week if charterers release their May fixture programme
Rates for very large crude carriers (VLCCs) on key Asian routes face an uncertain week as owners seek to push for higher rates, while charterers could cap
A backlog of over 30 oil tankers has built up outside the Iraqi port of Basra and shippers face lengthy delays of up to three weeks to load oil because of bad
Supertanker owners from Tokyo to Athens said demand to store oil on vessels is strengthening, with Morgan Stanley and Evercore Partners Inc. predicting the
The number of supertankers sailing to China jumped to a record in ship-tracking data amid signs that the oil-price crash is spurring the Asian nation to
The VLCC Al Kout was delivered last week by Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) as part of a series of vessels constructed for the
Bermuda-based crude oil shipping firm DHT Holdings announced today that it has acquired Samco Shipholding Pte. Ltd, a Singapore firm that owns and operates a
The supertanker jetty at the North Sea's Hound Point crude oil terminal is shut for maintenance and will not reopen until Sept. 15, industry sources said on
Rates for very large crude carriers (VLCCs) on key Asian freight routes could hold steady or gain next week as charterers seek to complete their vessel
Our client is looking to buy three or possibly four VLCCs 10-12 years old, Double-Hull Financing will also be needed. Serious inquiries only. Contact: Rob
Scorpio Tankers Inc. (NYSE: STNG) says it is set to make $50 million in cash on the resale of it's seven newbuild VLCC's still under
eams of workers, aided by ships and aircraft, will complete on Monday the sea cleanup of 164,000 litres of oil that leaked off South Korea's southern coast,
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