supertankers

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

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

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.

(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

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

(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

(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.

(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

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

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

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

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

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

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

Knightsbridge Tankers Limited (Nasdaq:VLCCF) announced today that the sale of the VLCC Hampstead, which was discussed in their second quarter earnings release

LONDON–Recently weakened prices of North Sea crude grades that form global benchmark Brent could find support in the coming days as up to 2 million

Increased Asian imports of West African oil may lift demand for very large crude carriers as daily rates stay below $15,000, according to the Baltic and

(Bloomberg) — A surplus of oil tankers seeking cargoes in the Persian Gulf expanded, curbing an advance in charter rates for the vessels. There are 20

(Bloomberg) — Losses widened for oil tankers hauling 2 million-barrel crude cargoes on the industry’s benchmark route to Asia from the Persian Gulf

(Bloomberg) — A glut of the biggest oil tankers in the Persian Gulf expanded, a Bloomberg survey showed, adding to pressure on owners facing returns near