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Tuesday, December 6, 2011
Tanker Companies Team Up in VLCC Pool
Uncategorized

Tanker Companies Team Up in VLCC Pool

Four VLCC tanker owners announced Tuesday preliminary plans to team up in an effort to cut costs amid slumping tanker rates.  The four partners included in

December 6, 2011
Total Views: 18

Wednesday, November 23, 2011
Frontline Sea Force VLCC crude oil tanker
News

MARKET TALK: Frontline Tankers Calls Upcoming Period “Challenging”

(Dow Jones) A flagging economy and more domestic production is leading to decrease in US oil imports–bad news for tankers. Frontline (FRO) expects

November 23, 2011
Total Views: 54

Thursday, November 10, 2011
Front Shanghai Frontline Tankers VLCC Crude oil tanker
News

Huge Jump in Freight Rates for Arabian Gulf Crude Oil Tankers

LONDON (Dow Jones)–The shipping costs for Very Large Crude Carriers, or VLCCs, traveling from the Arabian Gulf soared this week, supported by a tight

November 10, 2011
Total Views: 41

Wednesday, September 7, 2011
Tankers Idling Longer As Fleet Growth Outpaces Global Oil Demand
Uncategorized

Tankers Idling Longer As Fleet Growth Outpaces Global Oil Demand

LONDON (Dow Jones)–A growing number of oil tankers are dropping anchor rather than shipping crude to market as the rate of ship construction outpaces

September 7, 2011
Total Views: 50

Tuesday, September 6, 2011
circassia frontline tankers crude oil tanker
News

ASIA TANKER: VLCCs Bearish On Oversupply

SINGAPORE (Dow Jones)–The Asian crude tanker market will likely stay weak due to persistent oversupply, while vessels carrying clean petroleum products

September 6, 2011
Total Views: 6

Wednesday, August 24, 2011
Front Commander Frontline tankers
Finance

Oil Tanker Freight Rates At 1-Month High

Image courtesy Frontline LONDON (Dow Jones)–Very Large Crude Carrier shipping rates on the benchmark Middle East to Japan route (Ras Tanura/Chiba)

August 24, 2011
Total Views: 29

Tuesday, August 23, 2011
Front Lady frontline tanker vlcc
Finance

ASIA TANKER: Clean Products Cargoes Bullish On Demand; VLCCs Bottoming Out

Image: Frontline Tankers SINGAPORE (Dow Jones)–Asia’s freight markets for vessels carrying clean petroleum products may stay bullish in the coming

August 23, 2011
Total Views: 37

Tuesday, August 16, 2011
Frontline titan orion vlcc oil tanker ship
Finance

ASIA TANKER: VLCCs Hurt By Oversupply

Image courtesy Frontline SINGAPORE (Dow Jones)–Asia’s crude tanker market may stay depressed by heavy supply as September booking begins, but

August 16, 2011
Total Views: 124

Wednesday, August 10, 2011
Atlantic Pioneer crude oil tanker
News

ASIA TANKER: VLCCs Lowest Since Early February, But May Recover

SINGAPORE (Dow Jones)–Asia’s crude tanker market may bottom out in the coming week, with charterers rushing to fix cargoes before the completion of

August 10, 2011
Total Views: 34

Thursday, August 4, 2011
nyk line
News

$680,000 per day in ship’s fuel costs… ouch. ***UPDATE***

Correction to this article…  Ship brokers MJLF & Associates pointed out to us this morning that VLCCs burn ~100MT of fuel per day, which results in

August 4, 2011
Total Views: 524

Wednesday, July 27, 2011
oil tanker
Finance

ASIA TANKER: CPPs Strong On Naphtha Demand; VLCCs Underperform

SINGAPORE (Dow Jones)–Asia’s clean-petroleum tankers market will likely stay supported by increasing naphtha demand in the coming week, while slow

July 27, 2011
Total Views: 11

Tuesday, July 19, 2011
British Progress BP VLCC Very Large Crude Carrier
Finance

ASIA TANKER: VLCC Rates May Firm; Summer Demand Supports Clean Product Shipping

Image (c) BP p.l.c. SINGAPORE (Dow Jones)–Asia’s crude tanker market may begin to recover due to declining availability of vessels in early

July 19, 2011
Total Views: 55

Tuesday, July 12, 2011
Stena Bulk VLCC crude oil tanker
News

ASIA TANKER: VLCCs At 2-Mo Low; CPPs Waiting For Gasoline Demand

Image courtesy of Stena Bulk SINGAPORE (Dow Jones)–High availability of vessels is pressuring Asia crude tanker markets, while rates for ships that carry

July 12, 2011
Total Views: 67

Friday, April 15, 2011
Maersk Tankers buys 3 VLCCs
News

Maersk Tankers buys 3 VLCCs

Maersk Tankers has inked a deal with Great Eastern Shipping Company Ltd of India for the purchase of 3 newbuild VLCCs with delivery expected for the first half

April 15, 2011
Total Views: 19

Monday, January 10, 2011
First VLCC with electrolysis ballast water treatment system delivered
News

First VLCC with electrolysis ballast water treatment system delivered

Hyundai Heavy Industries today handed over a 317,000 DWT VLCC to Oman Shipping Company (OSC). The ship, measuring 333 meters in length, 60 meters in height and

January 10, 2011
Total Views: 81

Saturday, May 3, 2008
Shipyard

Birth Of A Giant – Supertanker Construction Video

This video show the 1975 construction of the tanker M/V Batillus in St. Nazaire, France. she has since been

May 3, 2008
Total Views: 86
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