VLCC rates have risen sharply as new cargoes drained the tonnage pool for the big tankers. The Baltic Exchange assessed ...

Brokers said the letter of intent, which is understood to have been signed through Hanwha Ocean’s Athens office, is for two ...

Market sources associate the major Greek shipowner with a letter of intent with South Korea’s Hanwha Ocean for two VLCCs ...

A ship carrying Russian crude transferred from three smaller tankers that are under U.S. sanctions unloaded last week at a ...

Onassis Foundation-controlled Olympic Shipping head reflected on latest geopolitical developments shaping the tanker market ...

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 ...

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 ...

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 ...

MUSCAT: Newly-listed national shipping company Asyad Shipping recorded a net profit of RO 51.6 million for the year ended December 31, 2024, ...

dual-fuel very large crude carrier (VLCC) under wholly owned petroleum tanker arm AET. MISC president and group chief executive officer Captain Rajalingam Subramaniam said the company continues to ...

Separately, ship-to-ship (STS) transfers emerged at Nakhodka Bay near Russian Far East port for Sokol crude produced in Sakhalin. Very Large Crude Carrier (VLCC) Daban loaded about 2 million ...