On 26 February, a composite of three VLCC routes in the Baltic Tanker Index (BTI), came in at just under $169,000 per day, ...
The global hunt for the shadow fleet has just turned into a high-stakes bounty hunt. According to The Insider, an advertisement has appeared on LinkedIn offering a €500,000 reward for verified ...
By Jonathan Saul and Florence Tan LONDON/SINGAPORE, Feb 24 (Reuters) - The cost of shipping oil has surged to the highest in ...
A wave of geopolitical disruption and unprecedented fleet consolidation has sent VLCC tanker rates soaring and reshaped pricing power in the global crude shipping market.
Sinokor has emerged as the buyer of Teekay Tankers’ only very large crude carrier, extending its sweeping return to the VLCC market.
Data from Allied further indicates that VLCC asset values have surged by as much as 21% across all age brackets over the past month, with the strongest gains recorded among 10- and 15-year-old units.
Okeanis Eco Tankers is a Buy, driven by fleet modernization, immediate commercial upside, and aggressive capital return policies. ECO's Q4 VLCC rates of $88,100/day, 100% eco-scrubber fleet, and $8.2M ...
TradeWinds depends on being able to display ads on our services in order to finance our journalism.
CEO Lars Barstad described the current tanker market as highly energetic, stating, "We have previously argued that this market owes us money, and we have finally started to collect some of it." ...
McQuilling Services has released its 29th anniversary edition, 2026-2030 Tanker Market Outlook with the theme: “You Can’t See the Forest for the Trees.” The report frames the outlook for crude tankers ...