Thursday, July 23, 2015
Maritime News

INTERTANKO Livid Over Nigeria Tanker Ban

  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

July 23, 2015
Total Views: 4

Thursday, July 16, 2015
Maritime News

First of Iran’s Floating Storage Supertankers Sets Sail After Nuclear Deal

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

July 16, 2015
Total Views: 3

Wednesday, July 1, 2015
Maritime News

Bahri Returns to Hyundai Samho for Five More VLCCs

  The National Shipping Company of Saudi Arabia, aka Bahri, has returned to South Korea’s Hyundai Samho Heavy Industries for five newbuild Very

July 1, 2015
Total Views: 7

Monday, June 22, 2015
Very Large Crude Carrier vlcc
Maritime News

John Fredriksen Orders Up to 6 VLCCs at STX Offshore & Shipbuilding

  STX Offshore & Shipbuilding has confirmed an order from billionaire shipping tycoon John Fredriksen calling for the construction of up to 6 VLCCs.

June 22, 2015
Total Views: 4

Saturday, April 18, 2015
savoie vlcc euronav
Maritime News

Asia Tankers | VLCC Rates Could Climb on Possible Renewed Chartering

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

April 18, 2015
Total Views: 10

Friday, April 10, 2015
samco redwood vlcc
Maritime News

VLCC Rates Face Uncertain Direction as Owners and Charterers Battle Over Cargo

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

April 10, 2015
Total Views: 9

Wednesday, April 1, 2015
crude oil import terminal vlcc tanker china
Maritime News

VLCC Backlog Builds at Iraq’s Basra Port After Bad Weather

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

April 1, 2015
Total Views: 15

Thursday, January 15, 2015
al kout vlcc kotc kuwait oil tanker company

Morgan Stanley and Evercore Say $100k Tanker Rates Possible

Supertanker owners from Tokyo to Athens said demand to store oil on vessels is strengthening, with Morgan Stanley and Evercore Partners Inc. predicting the

January 15, 2015
Total Views: 17

Friday, December 12, 2014
gulf sheba tanker
Maritime News

Record Oil Tankers Seen Sailing to China Amid Stockpiling Signs

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

December 12, 2014
Total Views: 88

Wednesday, November 5, 2014
al kout vlcc kotc kuwait oil tanker company
Maritime News

SPOTD: DSME Delivers Al Kout to Kuwait Oil Tanker Company

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

November 5, 2014
Total Views: 43

Tuesday, September 9, 2014
samco redwood vlcc
Maritime News

DHT to Acquire Samco Shipholding

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

September 9, 2014
Total Views: 46

Thursday, August 28, 2014
hound point marine terminal
Maritime News

Hound Point Crude Terminal Closed to VLCCs Until Mid-September

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

August 28, 2014
Total Views: 17

Friday, July 25, 2014
Maritime News

Asia Tankers – VLCC Rates Could Nudge Higher on More Vessel Charters

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

July 25, 2014
Total Views: 15

Thursday, April 3, 2014
savoie vlcc euronav


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

April 3, 2014
Total Views: 1

Wednesday, March 19, 2014

Scorpio Banks $50 Million Off Newbuild VLCC Resale

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

March 19, 2014
Total Views: 12

Monday, February 3, 2014
Maritime News

South Korea Cleans Up After VLCC Strikes Oil Pipeline

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,

February 3, 2014
Total Views: 42

Tuesday, December 3, 2013
scorpio tankers

Scorpio Adds Seven VLCCs to Newbuild Orderbook

NYSE-listed Scorpio Tankers (NYSE: STNG) announced Tuesday that it has entered into agreements for the construction of seven VLCC newbuilds, marking the

December 3, 2013
Total Views: 4

Tuesday, November 26, 2013
dht ann vlcc supertanker

Asian Oil Grab Drives Tanker Rates to 3 1/2-Year High

Record Asian oil demand is spurring the region’s refineries to charter the most supertankers in a year, driving shipping rates to the highest level

November 26, 2013
Total Views: 5

Thursday, October 17, 2013

Will the Final Quarter of 2013 Bring Good Tidings to the VLCC Market?

From the perspective of tanker owners, particularly of larger tonnage, it is clear that 2013 will not be remembered fondly. Rates have languished at levels

October 17, 2013
Total Views: 3

BW Utik vlcc supertanker tanker

Increased Ton-Mile Demand is Good News for Tanker Owners

By Keith Wallis SINGAPORE, Oct 16 (Reuters) – Shifting trade patterns and China’s growing love affair with the car will help fuel an increase in

October 17, 2013
Total Views: 28