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The world’s first "ultra-large” crude carrier tanker may protect Asia from diesel shortages this winter as new a rule known as IMO 2020, which requires all merchant ships to use ultra-low ...
Depending upon the size, capacity, and operational expenses, it is common for very-large crude carriers (VLCC) and ultra-large crude carriers (ULCC) to generate daily profits of $100,000 or more ...
Oil tankers come in a variety of sizes which is measured in deadweight metric tons (DWT). Crude tankers are among the largest, ranging from 55,000 DWT Panamax-sized vessels to ultra-large crude ...
The vessel is one of two so-called ultra large crude carriers (ULCC), the largest tankers in the world. Glencore booked the vessel at a rate of $37,000 a day for the first six months, according to ...
Dublin, July 03, 2025 (GLOBE NEWSWIRE) -- The "Crude Oil Carrier Market 2025-2034" report has been added to ResearchAndMarkets.com's offering. Crude Oil Carrier Market is valued at USD 176.5 ...
At least one so-called very large crude carrier, or VLCC, capable of hauling two million barrels of oil is already sailing from the Middle East to Europe, while another is in the process of ...
Trading house Glencore has chartered the 3 million barrel crude carrier 'Europe' to store oil at sea for at least 6 months, trading sources on Tuesday. Adds further details, background LONDON ...
Moxnes Harfjeld also talks about DHT’s approach to lowering emissions, the shadow fleet and changes in global crude demand and life before shipping as a drummer in the band Small Affairs. Apr 02 ...
Okeanis Tankers has demonstrated great profitability and trades at an attractive valuation of 8.77X forward earnings annualized with 13.97% forward dividend yield. Read more here.
Trading house Glencore <GLEN.L> has chartered the 3 million barrel crude carrier 'Europe' to store oil at sea for at least 6 months, trading sources on Tuesday.