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$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
supertankers
Thursday, August 4, 2011
Wednesday, July 27, 2011
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
Tuesday, July 19, 2011
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
Tuesday, July 12, 2011
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
Friday, April 15, 2011
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
Monday, January 10, 2011
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
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
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