A Greek VLCC has left Scotland after six years of operating as an oil storage vessel. The 299,000-dwt Australis (built 2003), ...

Net income for 2024 totaled $109 million, or $3.38 per share. The company completed its six-vessel VLCC drydock initiative, concluding with the Nissos Donoussa. Drydock costs averaged $2 million ...

US President Donald Trump’s administration has fired another volley of sanctions at the so-called shadow fleet serving Iran, ...

MUSCAT: Newly-listed national shipping company Asyad Shipping recorded a net profit of RO 51.6 million for the year ended ...

Here are Jefferies three Buy-rated VLCC companies: DHT is an independent crude oil tanker company. Its fleets trade internationally. Trading under $12, with a solid 6.08% dividend, this company ...

Recent VLCC market (after Devanney ... then one can look up the relative distances to be travelled (remembering that the vessel has to go both ways to complete one trip). The distance from ...

A Bullish VLCC Market – But With Risks Ahead The VLCC ... While scrapping these aging vessels is likely, economic factors could influence the decision to keep them operational.

Russia trade is more of an Aframax/Suezmax story than a VLCC one, but it could also have implications for the largest vessels. In the improbable case that all sanctions are lifted in the short ...

The recently sold vessels include the Suezmax Cap Lara, VLCC Alsace, and Windcat 6. When will the Suezmax Cap Lara be delivered to its new owner? The Suezmax Cap Lara will be delivered to its new ...

The shift is likely due to their ability to discharge oil at shallower Chinese berths. Read more at straitstimes.com.