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Ten VLCCs Set to Exit Trading Fleet in 2017

With demolition values on the rise and impending environmental regulations that will require costly upgrades to ...

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LR2s to Reap the Fruits from 0.5 Pct Sulphur Cap

Clean product tankers are likely to benefit from the implementation of the global 0.5% sulphur emissions cap as of ...

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Brazil’s EDPI Ship Repair Project Gets Funding from FMM

The Board of Directors of the Merchant Marine Fund (CDFMM), Brazil, has agreed to finance basis BRL 2.15 billion ...

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Tanker Supply - A Gift and a Curse

While tanker demand dictates trade volumes and tanker routes, the volatility of fleet growth on the supply side may ...

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Aframaxes to Outperform Larger Crude Tankers

Limited supply growth in the Aframax sector of only 3.5% through the end of 2020 in addition to paradigm shifts in ...

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EDPI Ship Repair Yard Project on Track

The Brasil Basin Drydock Company (BBDC) project to build a 600,000 square meter ship repair yard near ...

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McQuilling: Winners and Losers in Tanker Market

Winners and Losers in Tanker Market

The number of first quarter global Very Large Crude Carrier (VLCC) fixtures has been increasing for more than five ...

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Demand for Tanker Newbuilds Subdued

Newbuilding contracting of tankers has slowed in the first quarter of the year to the lowest levels recorded since ...

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10-YR Old Tankers to Outperform Younger Counterparts

Ten-year old tankers will outperform their younger counterparts, according to McQuilling Services Industry’s ...

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124 Oil Tankers to Join Global Fleet in 2014

124 Oil Tankers to Join Global Fleet in 2014

Some 124 vessels are expected to enter the oil tanker trading fleet in 2014, while 60 tankers were forecast to be ...

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Brazilian Mining Giant to Support BBDC Project

Vale S.A, one of the largest mining companies in the world, has signed a cooperation agreement with McQuilling ...

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