Korean shipbuilders are suffering a severe order drought. Even orders for very large crude carriers…
Tag: VLCC
VLCC rates hit $300,000 a day in robust yet volatile market
Freight rates of VLCCs have surged to a high of $300,000 a day in a…
Drewry: Iran sanctions could leave 20 VLCCs without work
By Jite Eriabie The likely oil exports decline from Iran stemming from the planned reimposition of…
VLCC rates may edge up on floating storage, August charters
Freight rates for very large crude carriers (VLCCs) could creep higher as more ships are chartered…
Suez Canal extends arrangement for VLCCs
The Suez Canal Authority has decided to extend the arrangement for very large crude carriers (VLCCs) coming…
VLCCs rates set to slide ahead of holidays
Freight rates for very large crude carriers (VLCCs), which are hovering close to the multi-month highs…
VLCC rates to stay firm on high cargo volumes
Freight rates for very large crude carriers (VLCCs) could dip but are likely to remain firm…