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
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
(Bloomberg) — Crude-oil shipments aboard supertankers bound for China fell 2.5 percent this week, according to ship-tracking data compiled by Bloomberg.
(Bloomberg) — The number of oil-tankers booked to haul 2 million-barrel cargoes of crude from ports in the Persian Gulf is poised to slump to a 17-month
LONDON–The sliding price of North Sea Forties crude, the main component of global benchmark Brent, is set to find support as up to 2 million barrels of
(Dow Jones) LONDON–The price-supporting trade in crude oil from the North Sea to South Korea looks set to continue in July as Statoil ASA (STO) moves
The latest update from Teekay’s Market Analyst Christian Waldegrave on the global marine tanker markets, including a look at how OPEC oil production
LONDON (Dow Jones)–Up to 2 million barrels of North Sea Forties crude are set to head to Asia later this month, supporting the price of the grade, which
LONDON (Dow Jones)–Saudi Arabia’s state shipping company, Vela, is set to ship more oil to the U.S. this month, after a flurry of activity in March
SINGAPORE (Dow Jones)–Iran is shipping fuel oil to Singapore using a supertanker from its own fleet as Western sanctions make it difficult for buyers to
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