Charterers are pushing down sky-high VLCC spot rates in the US Gulf as fixture numbers drop. Tankers International reported ...
DHT Holdings remains the cheapest US-listed VLCC pure play, offering significant upside despite extensive charter coverage below current market rates. DHT's charter strategy ensures stable base ...
Deal adds four modern crude tankers as International Seaways reports sharply higher spot earnings entering the fourth quarter ...
The TC1 75kt MEG/Japan index continued to move up this week by 48 points to WS499. A voyage west rose in value again over this week with the TC20 90kt MEG/UK-Continent index going from $8.80 million ...
DHT Holdings is upgraded to a strong buy, driven by robust Q1 results, strong Q2 guidance, and anticipated VLCC rate increases. DHT’s charter coverage provides stability but limits upside; current ...
The TC1 75kt MEG/Japan held flat this week with the index published around the WS565-568 level. A voyage west also remained steady with the TC20 90kt MEG/UK-Continent index climbing a modest by ...
Crude tanker markets hit a tipping point in mid-September, surging to a new level as more crude exited the Strait of Hormuz. Over the past three days, rates crossed another tipping point, spiking even ...
To the west, the threat to shipping from Yemen’s Houthis at the mouth of the Red Sea means that vlccs taking oil from the Saudi port of Yanbu farther up the coast are heading in the opposite direction ...
Spot rates are the priciest in history on every VLCC lane following a stunning surge this week. The market is in the midst of a ‘chartering frenzy’ causing ‘seismic shifts’ in rates FREE TO READ ...
For most of shipping history, the valuation equation has been straightforward. A ship leaves the yard, begins ageing and progressively loses value. New steel commands the premium. Older steel trades ...
The Cyprus-based investor's Nasdaq-listed LPG carrier company Robin Energy said in a filing it had taken part in the private placement of Trafigura VLCC company Volare Shipping. Robin bought 90,000 ...
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