TradeWinds has learned that Hengli Group vice president Chen Hanlun, the son of the group’s chairman and president Chen ...
The Oslo-listed company has calculated that 156 more VLCCs could be needed through to 2026 to cope with increased demand to ...
McQuilling Services announced the release of its 28th anniversary edition, 2025-2029 Tanker Market Outlook.This 183-page ...
In 2024, new crude oil tanker deliveries dropped to a 36-year low as only 17 new tankers, with a capacity of 2.5m deadweight tonnes (DWT), joined the fleet.
DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced its results for the quarter ended December 31, 2024.
With this latest addition, Advantage Tankers’ orderbook now comprises eight vessels, including five Suezmaxes, two LR1 ...
Shell had booked two Very Large Crude Carriers (VLCC) on Tuesday at the rate of Worldscale 70. Worldscale is a unified system of establishing payment of freight rate for a given oil tanker’s cargo.
The chemical tanker sector has drawn increased interest from Greek shipowners, who traditionally focus on larger vessels ...
If I were looking to enter the product tanker market right now, TORM would not be my first choice. Moreover, I am more attracted to the VLCC market for now. According to data provided by Clarksons ...
Traders are expected to seek more tankers to load crude from Saudi Arabia ... The robust demand pushed the rate for a VLCC on the Middle East to China route, known as TD3C, higher to WS70.45 ...
Nordic American Tankers is a midstream energy play with reliable earnings, which support its ultra-high-yield dividend.