Korean shipbuilders suffering VLCC order drought 

  Korean shipbuilders are suffering a severe order drought. Even orders for very large crude carriers…

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…

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