VLCC Tanker Market Showing Slight Gains
Clean LR2 The TC1 75kt MEG/Japan index remained flat around the WS550 mark this week. A voyage west also saw the TC20 90kt MEG/UK-Continent index also continued around the $10.
8 maritime news articles about VLCC
Clean LR2 The TC1 75kt MEG/Japan index remained flat around the WS550 mark this week. A voyage west also saw the TC20 90kt MEG/UK-Continent index also continued around the $10.
Platts, part of S&P Global Energy, has launched a new VLCC tanker freight assessment for the 270,000-mt Yanbu to Far East route, effective May 4. The assessment launch follows extensive industry consultations, analysis of market data and direct feedback from market participants since the start of the US-Israel war
Our Tanker Market Monitor this week reviews developments at the end of April, focusing on the ongoing disruption in the Strait as the war-driven deadlock continues unresolved for over 60 days. We shift our attention to the Atlantic market, where the US Gulf (USG) basin is sending strong signals of increased oil export

BIMCO: Coal shipments to Japan, Korea and EU surge 27%

The Hormuz crisis has broken the tanker market’s age depreciation curve entirely, with five-year-old VLCCs now trading above the price of a brand new vessel ordered from a Korean shipyard. According to Signal Ocean’s latest Tanker Market Monitor, the inversion of normal asset pricing logic is now visible a

Oslo-listed tanker newcomer Bruton has fixed its first VLCC on a long-term deal ahead of delivery. The Tor Olav Trøim-backed company said the 300,000 dwt Mount Vision, due for delivery from China in the first half of July 2026, has been placed on a 3+1+1 year charter with an international trading house.

The United Nations (UN) Bought a Boat! What's Going on With Shipping?

First VLCC with electrolysis ballast water treatment system delivered gCaptain Total Views: 133 January 10, 2011 Hyundai Heavy Industries today handed over a 317,000 DWT VLCC to Oman Shipping Company (OSC). The ship, measuring 333 meters in length, 60 meters in height and 30.