But Tankers International said that fixture had failed, as had an $80,905 per day deal for TMS Tankers’ 296,790-dwt Desimi ...

A VLCC owned by George Procopiou’s Dynacom Tankers Management has become the first ship to load crude in Cameroon to feed ...

With this latest addition, Advantage Tankers’ orderbook now comprises eight vessels, including five Suezmaxes, two LR1 ...

The 310,000 dwt tanker is believed to be the largest VLCC built for the domestic market thus far. According to Equasis, she is owned by Shanghai-based China Shipping Development Co. Liu Yijun ...

Shell had booked two Very Large Crude Carriers (VLCC) on Tuesday at the rate of Worldscale 70. Worldscale is a unified system of establishing payment of freight rate for a given oil tanker’s cargo.

which is a yard capable of building ships up to VLCC size. This new complex, named New Samho Shipyard, is nearing completion with two suezmax tankers being the first ships due for delivery during ...

(Photo: Greg Trauthwein) Late 2018 saw the tanker market bubble upwards through ... Hires on the bellwether VLCC runs from the Arabian Gulf to the Far East were netting close to $70,000/day.

Frontline owns 41 very large crude carriers (VLCC), representing 50% of the portfolio's total number of vessels. In comparison, Suezmax and Long-Range 2 (LR2) tankers account for 28.0% and 22.0% ...

With only 1,000 feet at its narrowest point, the Canal is unable to handle the VLCC (Very Large Crude Carriers) and ULCC (Ultra Large Crude Carriers) class crude oil tankers. The Suez Canal ...

Traders are expected to seek more tankers to load crude from Saudi Arabia in February, which could drive freight rates higher, the shipbroker said. The robust demand pushed the rate for a VLCC on ...