vlcc et vlcc tankers


  • Oil prices, VLCCs, and floating storage | Seatrade Maritime

    Session moderator Greg Lewis from BTIG mentioned a just reported VLCC charter for six months at $80,000 per day, which he said works back to around $1.20 per barrel.


  • Crude

    Mar 16, 2020· It is the best of times; it is the worst of times. Just as spot freight rates for supertankers have reached epic new heights, crude-tanker stocks are plummeting.Rates for …


  • VLCC Bookings For Floating Storage Reach at Least 71 ...

    The number of VLCC tankers booked since March with the option to store oil has reached 71, according to price reporting agency Argus Media, as the current oversupply in crude markets fills land-based storage.. The 71 VLCCs are in addition to at least 31 Suezmaxes and 23 Aframaxes booked on similar terms, Argus reported Friday.. Beyond its significance for the crude oil market, this also means ...


  • VLCC and ULCC | Maritime

    VLCC are very large shipping vessels with dimensions of up to 470 m (1,540 ft) in length, beam of up to 60 m (200 ft) and draught of up to 20 m (66 ft). But the standard dimensions of these ships range between 300 to 330 meters in length, 58 meters breath and 31 meters in depth.


  • VLCC Tankers

    Bahri is one of the largest owners and operators of Very Large Crude Carriers (VLCCs) in the world. Strong VLCC tankers transport the goods within the Middle East and across the world.


  • TANKERS: USGC VLCC freight jumps 26% on week as delays ...

    Freight for the VLCC 270,000 mt USGC-China route was assessed July 9 at lump sum $6.75 million, jumping $650,000 on the day, and an increase of $1.4 million since July 2 when freight for the route reached the lowest level seen since July 26, 2019.


  • Advantage Tankers moves into VLCC segment | TradeWinds

    Dec 05, 2019· Turkish-controlled tanker owner Advantage Tankers is moving into the VLCC segment with the purchase of two 10-year-old ships from China VLCC. The Geneva-headquartered company confirmed it has ...


  • Oil tanker

    An oil tanker, also known as a petroleum tanker, is a ship designed for the bulk transport of oil or its products. There are two basic types of oil tankers: crude tankers and product tankers. Crude tankers move large quantities of unrefined crude oil from its point of extraction to refineries. For example, moving crude oil from oil wells in a producing country to refineries in another country.


  • About – Tankers International

    The Tankers International VLCC Pool was created in 2000 to provide a premium shipping service to customers and Participants. Working closely with all stakeholders we deliver crude oil safely and efficiently for the global energy industry. Tankers International was the first company to pool together ships at a scale that created the largest ...


  • IOC, BPCL set rates for VLCC, Suezmax tanker

    Jan 09, 2018· IOCL has set a floor rate of $18,000 per day and a cap of $40,000 per day for hiring a 10-year old VLCC that can carry as much as 265,000 million tonnes of …


  • Oil Chaos: Crude Tankers With Perfect Setup | Seeking Alpha

    Apr 21, 2020· Additionally, a lot of shorter-term traders don't really understand that economics of tankers and might panic if VLCC rates drop from sky-high rates of nearly $200k/day to a more logical ...


  • Tankers: VLCC Market in the Doldrums | Shipping Herald

    The VLCC sector had a torrid week with Charterers firmly in the driving seat. Rates tumbled in the Middle East with 270,000mt to China at WS36.5 region, down 19 points week-on-week. The 280,000mt to US Gulf via the Cape/Cape routing is assessed eight points lower at WS23.5. In the Atlantic it was a ...


  • Riviera

    Apr 22, 2020· In the financial annual report for 2019, Euronav notes that an increase of US$1,000/day on the spot tanker freight market (VLCC and Suezmax) would have increased company profit by US$22.6M. Conversely, a decrease in the spot market by US$1,000/day would have decreased the company's 2019 profit by US$22.5M. This was for a year when the company ...


  • Ridgebury exits VLCC segment in $48m sale to Chinese ...

    Ridgebury Tankers has completed the long-anticipated sale of its two remaining VLCCs as asset prices in this segment remain elevated. Sources close to the private equity-backed owner said the ...


  • Riviera

    In the financial annual report for 2019, Euronav notes that an increase of US$1,000/day on the spot tanker freight market (VLCC and Suezmax) would have increased company profit by US$22.6M. Conversely, a decrease in the spot market by US$1,000/day would have decreased the company's 2019 profit by US$22.5M. This was for a year when the company ...


  • VLCC Spot = $63,000 et al | FRO Message Board Posts

    Jun 01, 2020· VLCC Spot = $63,000 et al It's been a decent day for Tankers, despite a bad headline from the Wall Street Journal, most Tanker stocks were higher. Apparently, OPEC+ is considering moving their meeting to Thursday to determine if they want to maintain May-June supply cuts (11 million barrels) for longer or to go to the as planned 7.7 million ...


  • VLCC rates tumble 40% in a week

    Tankers VLCC rates tumble 40% in a week. Sam Chambers January 16, 2020. 11 1 minute read. ... While sanctions are still in place on VLCCs owned by Cosco Shipping Tanker (Dalian) ...


  • Reporter's Notebook: Life aboard a VLCC tanker ...

    Feb 15, 2019· More than 700 VLCC tankers are traversing the world's oceans. The ships measure nearly 1,100 feet long and more than 10 stories high


  • vlcc tanker

    The E3 Tanker is a VLCC-a very large crude oil carrier - with specific and extensive safety characteristics. europa.eu Le 3E est un s uper- pétrolier du type VLCC doté de caractéristiques de sécur it é particulières t rè s développées.


  • Top 7 VLCC Tanker Companies In The World – Stocks Review

    A VLCC tanker or a Very Large Crude Carrier is a large oil tanker built specially for transporting crude oil. Petrol and other refined oil products are transported with smaller sized product tankers. VLCC tankers can hold hundreds of thousands of tons of crude …


  • Euronav

    Name Type Flag Built Owned Interest Spot/ TC DWT* Draft Length** Shipyard; 1: Aegean: VLCC BE: 2016: Yes : SPOT 299,999: 21.62: 332.97: : 2


  • Euronav

    66 · Name Type Flag Built Owned Interest Spot/ TC DWT* Draft Length** Shipyard; 1: Aegean: …


  • VLCC spot charter breaks $300,000 level on market ...

    Oct 11, 2019· On Friday, ExxonMobil chartered in the 299,946 dwt 2017-built Ardeche from Euronav for 325 points on the Worldscale, equating to a $298,208 time charter equivalent rate per day, excluding idle days, for 29.08 days, for a Middle East Gulf-Singapore route.. The spot rate for this vessel was revised from Thursday, when it was at 165 points on the Worldscale, according to Tanker International ...


  • TANKERS: Americas VLCC freight plummets 28% as spot ...

    TANKERS: Americas VLCC freight plummets 28% as spot inquiry sees lull. in International Shipping News 04/05/2020. Freight for VLCCs loading on the US Gulf Coast fell more than 28% on the week ...