supertankers


Friday, April 10, 2015
samco redwood vlcc
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: 68

Wednesday, April 1, 2015
crude oil import terminal vlcc tanker china
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: 121

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

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: 88

Friday, December 12, 2014
gulf sheba tanker
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: 197

Wednesday, November 5, 2014
al kout vlcc kotc kuwait oil tanker company
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: 156

Tuesday, September 9, 2014
samco redwood vlcc
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: 163

Thursday, August 28, 2014
hound point marine terminal
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: 69

Friday, July 25, 2014
Asia Tankers – VLCC Rates Could Nudge Higher on More Vessel Charters
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: 75

Thursday, April 3, 2014
savoie vlcc euronav
News

WANTED: Used VLCCs

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: 20

Wednesday, March 19, 2014
tanker
News

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: 61

Monday, February 3, 2014
South Korea Cleans Up After VLCC Strikes Oil Pipeline
Shipping 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: 160

Tuesday, December 3, 2013
scorpio tankers
Uncategorized

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: 63

Tuesday, November 26, 2013
dht ann vlcc supertanker
News

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: 76

Thursday, October 17, 2013
Will the Final Quarter of 2013 Bring Good Tidings to the VLCC Market?
News

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: 83

BW Utik vlcc supertanker tanker
News

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: 101

Tuesday, October 15, 2013
famenne euronav vlcc tanker
News

Euronav Believes Eco-Ship Newbuildings are a Waste of Money

Euronav, the Belgium-based owner of large crude carriers believes that so-called “eco-ships” do not exist in the large tanker sector and that

October 15, 2013
Total Views: 150

Thursday, October 3, 2013
eagle verona tanker vlcc aet
News

DSME Delivers AET’s Latest Efficiency-Enhanced Supertanker

AET, the Kuala Lumpur-based tanker operator has announced that two of their 320,000 dwt Very Large Crude Carriers (VLCCs), which are currently under

October 3, 2013
Total Views: 388

Saturday, July 13, 2013
BW Utik vlcc supertanker tanker
News

Charters for Supertankers Surge to 6-Year High

July 12 (Bloomberg) — Bookings of the largest oil tankers jumped to the highest for the time of year since at least 2007 as demand for crude cargoes

July 13, 2013
Total Views: 47

Monday, June 17, 2013
front duke vlcc supertanker frontline
News

Contracting Chinese Oil Imports Sinks Maritime Industry’s Biggest Tankers

June 18 (Bloomberg) — China’s oil imports are contracting for the first time since 2009, reducing the biggest source of demand for crude tankers at

June 17, 2013
Total Views: 74

Tuesday, June 11, 2013
VLCC very large crude carrier oil tanker

Crude-Tanker Surplus Seen Swelling a Second Week in Persian Gulf

The surplus of tankers competing to ship 2 million-barrel oil cargoes from ports in the Persian Gulf expanded for a second

June 11, 2013
Total Views: 76