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About 122 results for "Vlcc Rates"

This Could Be The Best Q4 In 7 Years For The Crude Tanker Shipping Market

This Could Be The Best Q4 In 7 Years For The Crude Tanker Ship...

It was touch and go there for a while. In mid-July, VLCC (Very Large Crude Carrier) spot rates for benchmark routes set a multi-year high near the $100,000/day mark before plummeting up to 75% in some cases amid a deep seasonal slowdown and the ..., 1 week ago
Crude Tanker Shipping Market - Macro Outlook Seeking Alpha, 2 weeks ago
Benchmark VLCC spot rate lowest in eight and a half months Lloyd's List Daily Commercial News, 1 month ago

Asian VLCC rates tumble but vessel earnings remain robust on cheap bunker

VLCC worldscale rates for voyages on Persian Gulf to East routes have tumbled over the past fortnight and are expected to fall further as the appetite of Asian buyers to import crude wanes, landed storage fills up and refineries undergo maintenance, ...
 Platts2 months ago
Marine Link

Asia Tankers-VLCC Rates Soar on Tighter tonnage

Mideast-Japan VLCC rates climb by $46,000 per day since Aug 26. Freight rates for very large crude carriers (VLCCs), which reached a seven-week high this week, are set to climb higher on buoyant cargo volumes and tighter tonnage, brokers said. ...
 Marine Link2 weeks ago VLCC Rates Slump Seen Ending Soon  GCaptain3 weeks ago Asia Tankers-VLCC Rates Will See More Volatility  Maritime Global News1 month ago VLCC Tanker Rates Set to Slide Further On Lower Cargo Volumes, Oversupply  GCaptain1 month ago

Tanker Rates Are Rising, And Stocks Could Follow

Tanker stocks have ridden the wave of surging long-haul crude oil levels in recent weeks. A new report by Morgan Stanley analyst Fotis Giannakoulis discussed the most recent tanker data and Morgan Stanley's top tanker plays. VLCC spot rates in the ...
 Benzinga.com2 weeks ago

Oil falls to 6-year lows on China worries

'China's economy continues to slow and the US Fed may still hike rates before the end of the year.' Crude oil markets recovered slightly on Tuesday after a 6 percent drop in the prior session, although prices held near 6-1/2-year lows as continued weakness in Chinese equities triggered fears of an economic tailspin in the region.  While global markets showed signs of a respite from the recent blood-letting, Chinese shares lost another 4 percent with investors fearing a hard landing of the ...
 Rediff.com1 month ago Oil recovers after sharp losses  BDlive1 month ago Oil recovers slightly but holds near 6-year lows on China worries  Yahoo!Xtra1 month ago Oil rebounds after sharp losses, but China worries weigh  4 Traders1 month ago
Sys-Con Media

Gener8 Maritime, Inc. Announces Senior Secured Credit Facility to Fund Up To $963.7 Million of its Korean VLCC Newbuilding Program and a Senior Secured Credit Facility of $581 Million to Refinance Their Current Fleet

]]> NEW YORK , Sept. 9, 2015 /PRNewswire/ --Gener8 Maritime, Inc. (NYSE: GNRT) ("Gener8 Maritime"), a leading U.S.-based provider of international seaborne crude oil transportation services, today announced that it has entered into a senior secured ...
 Sys-Con Media3 weeks ago
Hellenic Shipping News Worldwide

Global VLCC Tracker: Middle East sailings at multi-month lows

The fall in demand to move crude has caused Middle East outflows to tumble to their lowest since before the summer, Platts ship-tracking tool cFlow showed Wednesday, resulting in numerous VLCCs being idled for longer while ample supply and low ...
 Hellenic Shipping News Worldwide1 month ago Middle East oil outflows tumble with VLCCs idle  Arabianindustry.com4 weeks ago
Bunker Ports News Worldwide

Historical data shows VLCC values still have room to grow

VesselsValue's Fixed Age Analysis (pictured below) shows current values (yellow) Vs the historical distribution (grey bands) Vs the historical median (black) for different ages of VLCC's. As can be seen, current VLCC values are at (or very close ...
 Bunker Ports News Worldwide6 days ago
Marine Link

VLCC Tankers on the Upside on Stronger Demand

The VLCC market continued to strengthen this week with sentiment supported by both stronger demand and expectations for the October Middle East and West Africa programs to rise substantially from September levels, according to Charles R.Weber ...
 Marine Link1 week ago Optimistic on VLCC Market  Maritime Professional1 month ago

Navios Charters Out VLCC

zoom NYSE-listed tanker owner and operator Navios Maritime Acquisition Corporation has found a 2-year charter gig for one of its Very Large Crude Carriers (VLCCs). Navios chartered out the 2003-built Nave Neutrino to a high quality counterparty ...
 IChainnel3 weeks ago
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