Any Light at the End of the Tunnel for Tankers?

MSI's Tim Smith reveals when to expect the tanker market to recover.

ADS Crude Carriers to Start Fitting Scrubbers on Its VLCCs

Tanker

ASD Crude Carriers is about to fit scrubbers on board its very large crude carriers.   

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International Seaways Chooses Scrubbers for Its VLCCs

Tanker

International Seaways is to install scrubbers on up to ten very large crude carriers (VLCCs).

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VLCC Superstructure Slips into Water at HHI's Ulsan Facility

HHI

A superstructure block of a VLCC slipped from a barge and sank while underway in Ulsan waters on September 15.

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Scrubber-Fitted VLCCs to Get Windfall from Sulphur Cap

VLCC

Transporting crude oil and petroleum products across the oceans to get significantly more expensive for charterers.

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Frontline Bullish on Tanker Rates despite Q2 Loss

Tanker

Chief Executive Officer of Frontline Management AS believes better days are ahead for tanker rates.

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Three Crew Missing after VLCC Suffers Explosion off Oman

Tanker

Three people are reported missing after an explosion onboard crude oil tanker M.T. Desh Vaibhav.

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Trafigura Wants to Build VLCC Terminal in Texas Gulf

Trafigura's Texas Gulf Terminals looking to build a new offshore deep water terminal in the Gulf of Texas.

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DHT Bets on Super-Profits from Scrubber Retrofits

dht leopard

DHT: The ships, once fitted with scrubbers, will potentially create a super-profit.

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4 Reasons to Be Upbeat on Tanker Market Outlook

Tanker

DHT Holdings expects the times to turn for the better due to four key reasons.

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SFI’s Fire-Stricken Super Tanker Taken under Tow

Front Hakata

Front Hakata, which was adrift following an engine fire, has been taken under tow.

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Aramco Resumes Oil Shipments through Bab-El-Mandeb Strait

VLCC

Saudi Aramco has resumed oil shipments through Bab-El-Mandeb Strait.

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Agritrade Resources Offloads VLCC Oldie

TANKER

Agritrade Resources Limited to dispose of Sea Latitude, one of its very large crude carriers.

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Over 110 Gigs for Oman Shipping Company's VLCCs

OSC General Manager Commercial Tan

Oman Shipping Company's VLCC commercial chartering desk secures over 100 fixtures with world oil majors.

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Aramco Halts Oil Shipments through Bab El-Mandeb

tanker

Saudi Aramco has suspended all oil shipments through Bab El-Mandeb following yesterday's attack on two VLCCs.

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SFL Offloads VLCC Trio, Jack-Up Rig as Part of Fleet Renewal

Tanker

Ship Finance International Limited has inked a deal to sell three 2002-built VLCCs.

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Gibson: Crude Tankers Taking Cargoes from Product Tankers

Tanker

Crude carrier owners seem to have found their way out of the doldrums.

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New VLCC Giant Handed Over to K Line

VLCC Tedorigawa

Japan's shipping major K Line took delivery of its newest very large crude carrier, the 311,000 dwt Tedorigawa.

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Elandra Tankers Orders VLCC Quartet at Hyundai Heavy

HHI shipyard

Elandra Tankers has placed an order for four very large crude carriers at Hyundai Heavy Industries.

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Hunter Group to Collect USD 65 Mn for VLCC Instalments

Very large crude carrier

Hunter Group is looking to raise up to USD 65 million to finance instalments on seven VLCC newbuilding contracts.

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VLCC Scrapping Ramps Up as Pakistan Opens for Business

VLCC

Owners continue to commit their Very Large Crude Carriers (VLCC) for recycling.

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Hunter Group Declares Options for Three More VLCCs

Hunter Group exercises options for the construction of three more VLCCs at DSME.

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