U.S. and EU sanctions on Russia’s dark fleet and Iran are removing tankers from circulation, driving up VLCC demand.

London-based pools company Tankers International has revealed a growth of Middle East Gulf crude shipments on sanctioned VLCCs. But the company believes this trend could reverse if the US ramps up ...

The sanctions have affected one very-large crude carrier (VLCC) and two Aframaxes that the Treasury Department said helped ...

A Bermudian-based independent crude oil tanker company has warned of higher prices in 2025 due to geopolitical instability – ...

“If rerouted to shorter-haul destinations, crude ton-miles could decline by just 0.3%, potentially reducing VLCC spot rates ...

According to the US treasury, Marshal Ship Management Private Limited and its director Ryan Xavier Aranha allegedly falsified ...

The 20-year-old, Comoros-flagged Siri VLCC and its master ... and the United Arab Emirates (UAE) and several vessels shipping Iranian crude oil. According to the US treasury, Marshal Ship ...

About DHT Holdings, Inc. DHT is an independent crude oil tanker company. Our fleet trades internationally and consists of crude oil tankers in the VLCC segment. We operate through our integrated ...

DHT Holdings, Inc. announced its financial results for the fourth quarter of 2024, highlighting its operations as an independent crude oil tanker company with a fleet focused on the VLCC segment.

Inc.DHT is an independent crude oil tanker company. Our fleet trades internationally and consists of crude oil tankers in the VLCC segment. We operate through our integrated management companies ...

President Donald Trump’s maiden sanctions package targeting a handful of vessels carrying Iranian oil stopped short of the “maximum pressure” campaign his administration had pledged, according to ...

“In 2024, new crude oil tanker deliveries dropped to a 36-year ... However, the capacity of the VLCC segment fell by 0.2% as two ships were recycled, and no new ships were delivered.