Shipbroking sources reported another VLCC sold at a firm price for a veteran vessel. The 309,000-dwt Great Lady (built 2005), ...

Swiss operator Fractal Marine bought the ship in 2022 after the Ukraine war broke out. The vessel was originally owned by ...

U.S. and EU sanctions on Russia’s dark fleet and Iran are removing tankers from circulation, driving up VLCC demand.

Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company's results for the quarter and the ...

Hello, and welcome to OET’s Fourth Quarter 2024 Financial Results Presentation. We will begin shortly. Aristidis Alafouzos, CEO, and Iraklis Sbarounis, CFO of Okeanis Eco Tankers, will take the view ...

Jefferies makes a strong case for owning these three top VLCC shipping stocks that are rated Buy and come with ultra-high-yield dividends.

Teekay Tankers also owns a Very Large Crude Carrier (VLCC) through a 50 percent-owned ... marine services provided by the Company and owns a ship-to-ship transfer business that performs full ...

A major VLCC newbuilding program is foreseen ... The main propelling machinery of tankers, as with that for most other types of ships today, can no longer be considered in isolation and choice ...

Sentinel Midstream received DOT approval for a project to build a petroleum export facility with loading rates of up to one ...

Clearly, the Suezmax tanker has neither the trading flexibility of an Aframax nor the economies of scale of the VLCC, and yet it is subject to compliance with OPA 90 for much of its trade.