supertankers


Tuesday, January 22, 2013
tanker vlcc supertanker ship shipping
News

Biggest Glut of Supertankers Since September, Day Rates Fall Below $10k

Jan. 22 (Bloomberg) — The glut of supertankers competing for 2 million-barrel cargoes of Persian Gulf oil expanded to the highest in more than four

January 22, 2013
Total Views: 37

Friday, January 18, 2013
athenian victory hhi hyundai heavy shipyard shipbuilding supertanker
Engineering News

40 New Supertankers to be Delivered in 2013

Jan. 18 (Bloomberg) — The total number of new vessels joining the global fleet this year is expected to be as much as 220, about the same as 2012

January 18, 2013
Total Views: 67

Wednesday, January 16, 2013
astrup fearnley
News

Daily Earnings for VLCCs Drop as Charterers “Drip-Feed the Market”

Jan. 16 (Bloomberg) — Costs to ship Middle East oil to Asia, the tanker industry’s busiest trade route, fell for a third day as completion of cargo

January 16, 2013
Total Views: 48

Tuesday, January 15, 2013
dht eagle frontline vlcc supertanker
News

VLCC Rates Fall as Ships Compete for Fewer Available Cargos

The surplus of the largest oil tankers available for loading in the Middle East rebounded from a six-week low, according to a Bloomberg News survey. There are

January 15, 2013
Total Views: 79

Thursday, January 10, 2013
vlcc supertanker
Uncategorized

VLCC Rates Lower for 10th Straight Session, Middle East is “Sufficiently Supplied”

Returns for the biggest oil tankers hauling Middle East crude to Asia, the industry’s busiest trade route, fell for a 10th session amid speculation

January 10, 2013
Total Views: 43

Monday, January 7, 2013
M/T Achilleas vlcc
News

Capital Product Partners Swaps Pair of VLCCs for 7,943 TEU Containerships

ATHENS, Greece – Capital Product Partners L.P. (NASDAQ: CPLP) today announced that it acquired from Capital Maritime & Trading Corp. (CMTC) two post

January 7, 2013
Total Views: 48

Wednesday, January 2, 2013
savoie vlcc euronav
News

Earnings for Supertankers Fall as Holiday Season Curbs Vessel Demand

Returns for the biggest oil tankers hauling Middle East crude to Asia, the industry’s benchmark route, fell for a fourth session as the year-end holiday

January 2, 2013
Total Views: 40

zombie shutterstock
News

2013 May Spawn a New Breed of “Zombie” Shipping Companies

Earnings for ships that haul liquefied gases, cars and oil products are most likely to recover this year amid a continued glut of merchant vessels that may

January 2, 2013
Total Views: 50

Friday, December 14, 2012
front duke vlcc supertanker frontline

VLCC Rates Gain for Second Straight Day

By Rob Sheridan Returns for the biggest oil tankers hauling Middle East crude to Asia, the industry’s benchmark route, gained as more ships were booked.

December 14, 2012
Total Views: 79

Wednesday, November 21, 2012
front duke vlcc supertanker frontline
News

VLCC Rates from the Persian Gulf More than Double as East Asian Demand Strengthens

(Bloomberg) — A glut of the largest oil tankers in the Middle East is poised to fall to the lowest in 22 weeks as crude shipments to refineries across

November 21, 2012
Total Views: 67

Monday, November 19, 2012
front shanghai frontline vlcc tankers
News

Frontline 2012 Poised for Major Gains as Chinese Demand Hits Record Levels [REPORT]

(Bloomberg) — China is using the most supertankers in five months to meet record demand for oil imports, diminishing a glut of shipping capacity and

November 19, 2012
Total Views: 42

Friday, November 16, 2012
Tanker Supply at Seven-Month Low Seen Lifting Rates on China

Tanker Supply at Seven-Month Low Seen Lifting Rates on China

(Bloomberg) — The glut of oil tankers competing to load in the Persian Gulf dwindled to a seven-month low as China draws shipments, setting the

November 16, 2012
Total Views: 15

Tuesday, November 6, 2012
alexander the great vlcc supertanker
News

VLCC Market Oversupplied by Nearly 20 Percent, and Still Losing Money

(Bloomberg) — A glut of the largest oil tankers in the Persian Gulf was poised to remain unchanged for a second week, a Bloomberg News survey showed.

November 6, 2012
Total Views: 145

Monday, November 5, 2012
VLCC Charter Rates Rise as Supply of Vessels Remains Stable

VLCC Charter Rates Rise as Supply of Vessels Remains Stable

(Bloomberg) — Charter rates rose for the largest tankers hauling Middle East oil to Asia on the industry’s busiest trade route as the supply of

November 5, 2012
Total Views: 34

Thursday, October 11, 2012
Maersk Hakone
News

BP Signs $5 Million Charter for South Korea-bound Maersk VLCC

LONDON–BP PLC (BP) is looking to ship 2 million barrels of North Sea crude to South Korea at the end of October, according to shipping fixtures seen

October 11, 2012
Total Views: 45

Friday, October 5, 2012
vega star vela international vlcc
News

Saudi Aramco Charters 7 Supertankers to Haul US-Bound Crude

(Bloomberg) — Saudi Arabian Oil Co., the world’s biggest state-owned crude producer, increased the number of supertankers it hired to haul oil to

October 5, 2012
Total Views: 358

vlcc brawny IMO 9079080
News

Iranian Supertanker to Offload 2 Million Barrels of Oil in South Korea

Oct. 5 (Bloomberg) — An Iranian supertanker is heading to South Korea with a cargo of oil, according to shipping data, as the Islamic republic uses

October 5, 2012
Total Views: 46

Saturday, September 29, 2012
50 Supertankers? China, I’m Sorry, but I Don’t Believe You [OP/ED]
Engineering News

50 Supertankers? China, I’m Sorry, but I Don’t Believe You [OP/ED]

There are a few headlines going around today in some major publications and by the Associated Press claiming that China has announced plans to build 50

September 29, 2012
Total Views: 321

Friday, September 28, 2012
Rumors Abound, China Places Order For 50 Supertankers
Interesting

Rumors Abound, China Places Order For 50 Supertankers

China’s 21st Century Business Herald newspaper reported today that China has placed a massive $4.5 billion order for 50 VLCCs in an effort to stimulate

September 28, 2012
Total Views: 26

Thursday, September 20, 2012
cosco
News

Tanker Owners Bewildered as COSCO Considers Order of 10 New Supertankers

(Bloomberg) — China Ocean Shipping Group Co., the nation’s biggest ship operator, is considering an order for very large crude carriers as the

September 20, 2012
Total Views: 108