Veteran VLCC sells for a ‘sensational’ price as value doubles in one year
Hellstugutinden is moored off Iraq under deal with oil marketer
Veteran VLCC sells for a ‘sensational’ price as value doubles in one year Read More »
August 2026
Tanker Hit by Projectile Catches Fire Off Saudi Red Sea Coast
A tanker was struck by an unknown projectile 63 nautical miles west of Saudi Arabia’s port city of Yanbu, leading to a fire on the vessel’s main deck, the United Kingdom Maritime Trade Operations said on Monday.The UKMTO said all crew were safe…
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Gulf VLCC rates hit record $800,000 per day amid robust spot activity, Clarksons says
Rates jump for those prepared to take on cargoes inside the Strait of Hormuz
Gulf VLCC rates hit record $800,000 per day amid robust spot activity, Clarksons says Read More »
Iran Tightens Enforcement of Strait of Hormuz Transit Rules
Iran has issued a warning that vessels violating its arrangements for transiting the Strait of Hormuz could face restrictions, including fines, detention, or confiscation, the Persian Gulf Strait Authority wrote in a post on X.The warning heightens ris…
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Fire hits Bahri tanker after attack off key Red Sea oil hub
Houthis suspected of being behind VLCC strike off Yanbu
Fire hits Bahri tanker after attack off key Red Sea oil hub Read More »