VLCC rates to China rise as refiners sidestep Urals crude
Key routes to China from the US, West Africa and Middle East all show gains for largest crude carriers
VLCC rates to China rise as refiners sidestep Urals crude Read More »
Cheap US crude set to fuel VLCC trade in 2023
Price-conscious buyers have turned to the US as Europe searches for alternatives to Russian crude
Cheap US crude set to fuel VLCC trade in 2023 Read More »
Denmark’s Torm in the black as it sells oldest vessels
Rising rates and shifting trading routes owing to invasion of Ukraine helps Denmark’s product tanker owner
Denmark’s Torm in the black as it sells oldest vessels Read More »
Concordia Maritime shelves plan to turn tanker into container ship
Swedish shipowner says conversion was technically feasible but was stymied by global economic woes
Concordia Maritime shelves plan to turn tanker into container ship Read More »
VLCC spot rates spike as sector eyes recovery
Rising optimism linked to rising US crude exports amid changing trading patterns
VLCC spot rates spike as sector eyes recovery Read More »