News
DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced its results for the quarter ended March 31, 2025. The ...
VLCCs have resumed their upward trajectory, with more — potentially a lot more — to come. After massive gains to close out ...
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The Daily Galaxy on MSNJapan Is Once Again Proving to Be the Land of Innovation, Setting a New Record with This 310,000-Tonne Monster for Transporting OilJapan is once again pushing the boundaries of maritime innovation with the construction of a groundbreaking oil tanker designed to reduce greenhouse gas emissions. Slated for delivery in 2028, the new ...
The panel’s Aframax rates made a big push in late March and hit a year-to-date high of $51,450 per day on 11 April before ...
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Why oil tanker rates are surging again this WednesdayShell 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.
A major VLCC newbuilding program ... were delivered in 1976-77. Except for oil/ore and OBO-carriers (which are less frequently ordered today anyway), tankers spend half their sea time sailing ...
The 310,000 dwt tanker is believed to be the largest VLCC built for the domestic market ... are shipping more than 80% of China's crude oil imports. China currently imports over 50% of its crude ...
Okeanis Eco Tankers Corp is a marine shipping stock with one of the youngest fleets in the industry and a reliable, ...
Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six modern Suezmax tankers and eight modern VLCC ...
On April 4, NYK concluded a contract for the construction and charter of a very large crude oil carrier (VLCC ... term charter for Idemitsu Tanker. The Malaccamax VLCC was designed in ...
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