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About 800 results for "Vlcc Rates"

Demand for Tankers Outstripping Supply
World Maritime News

Falling Oil Spurring Demand for VLCC Floating Storage

VLCC rates are almost at five-year highs. The continued falling price of oil has been a positive turn for tanker markets, which will see a sharp rise in demand for floating storage as buyers take advantage of crashing prices to stockpile ... Ship & Bunker, 2 days ago
Demand for Tankers Outstripping Supply World Maritime News, 3 days ago
Will tankers benefit from reemergence of floating storage plays? Hellenic Shipping News Worldwide, 4 days ago

4 images for Vlcc Rates

World Maritime News, 1 week ago
Shipping Tribune, 5 days ago
World Maritime News, 3 weeks ago
Safety4sea, 1 week ago
Shipping Tribune

WAF-Far East VLCC rates hit near 11-month high on Persian Gulf strength

A rising Persian Gulf market has caused West African VLCC rates to increase to a near 11-month high, Platts data shows. Freight rates on the WAF-Far East route, basis 260,000 mt, were assessed up Worldscale 3.5 at w67.5 Thursday. This equates to ...
 Platts6 days ago
World Maritime News

Key Asian VLCC freight rates hit 9-month high on limited vessel supply

Worldscale rates for hiring VLCCs to haul crude from the Middle East to Far East Asia hit a nine-month high Tuesday, December 9, amid strong resistance from owners and fall in the availability of tonnage for December loading dates, shipping sources ...
 Platts1 week ago Asian VLCC Rates Jump to Nine-Month High  World Maritime News1 week ago
World Maritime News

East of Suez VLCC rates hit more than 9-month high on surge in demand

Worldscale rates for VLCCs on the East of Suez routes have reached more than nine-month highs, on strong demand to move crude in the winter season, tight supply as charterers combine smaller cargoes and bullish owner sentiment, market participants ...
 Platts3 weeks ago Platts: VLCC Rates on the Rebound  World Maritime News3 weeks ago
Shipping Tribune

Asia Tankers-VLCC rates to stay firm after Mideast climbs to near 5-yr high

* Average VLCC earnings from Middle East to Asia highest since 2010 -research head* VLCC Mideast rates to hold around W68-73 -broker * VLCC rates from West Africa to hold firm By Keith Wallis SINGAPORE Dec 12 (Reuters) - Rates for very large ...
 London South East6 days ago Asia VLCC Rates Could Could Climb Even More  Marine Link2 weeks ago Asia Tankers-VLCC rates could climb higher after hitting nine-month high  Today Online2 weeks ago Fearnleys Week 48 2014  Hellenic Shipping News Worldwide3 weeks ago

Markets- OPEC status quo- VLCC rates hit highs

OPEC's secretary general Abdallah Salem el-Badri said that the members would not try to shore up prices by reducing production. "There's a price decline. That does not mean that we should really rush and do something," he said. ...
 Tanker Operator2 weeks ago

Charles R.Weber Weekly 46 VLCC rates softer but improved supply/demand position could lead to fresh gains on December Middle East program start

VLCC chartering activity levels improved this week on the back of a modest rebound in the Middle East and a demand surge in the West Source: Charles R. Weber
 Hellenic Shipping News Worldwide1 month ago

Frontline - A Turnaround With A Tailwind

Summary Chinese demand is lifting Frontline's charter rates off 10 year lows and above breakeven. Oil market meltdown is creating a deep contango in the futures market and lifting storage demand in repeat of 2008. Frontline controls 7 percent of ...
 Seeking Alpha2 days ago

Why Is Frontline Surging?

Summary Frontline has surged by 58% in two trading sessions, and I expect that the rally will continue through 2015. VLCC day rates are surging as China builds strategic oil reserves. Bloomberg estimates day rates to average $35,000 in 2015. ...
 Seeking Alpha3 days ago

Why China Is Buying The Dip In Crude

Summary China is currently buying the dip in crude, as there are currently a record number of VLCC carriers heading to China. China buying the dip is a bullish for crude prices long term. China is buying the dip because it will consume ...
 Seeking Alpha3 days ago China's energy security concerns drive oil tanker tie-up  SZEenergy.biz1 month ago Nov 17,2014-China VLCC, a joint venture between China Merchants Group and Sinotrans & CSC Group, represents Beijing's latest ambition to secure its energy supply chain. The company, incorporated in Hong Kong in September with US$1.1 billion in issued shar  ECF1 month ago
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