Older VLCCs are still being linked to secondhand sales at firm prices as buyers stay optimistic on the freight market outlook ...
“The US Gulf, however, has remained eerily quiet with, for example, Chinese buyers holding back in lieu of President Trump’s ...
Clarksons now sees non-eco VLCC rates at $77K/day next year, down from $82K, reflecting a softer close to 2024 and lower odds ...
With only 1,000 feet at its narrowest point, the Canal is unable to handle the VLCC (Very Large Crude Carriers) and ULCC (Ultra Large Crude Carriers) class crude oil tankers. The Suez Canal ...
U.S. and EU sanctions on Russia’s dark fleet and Iran are removing tankers from circulation, driving up VLCC demand. Jefferies: sanctions sideline about 15% of the global fleet. ADNOC L&S is ...
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Okeanis Eco Tankers projects $50,000 daily VLCC earnings amid tightened market conditionsEarnings Call Insights: Okeanis Eco Tankers (NYSE:ECO ... Early Q1 earnings showed VLCC spot days fixed at $39,100 per day and Suezmax spot days at $33,400 per day. Current rates are approximately ...
Alafouzos emphasized the company's competitive advantage, stating, "OET remains the only publicly listed pure play eco scrubber-fitted tanker platform ... earnings showed VLCC spot days fixed ...
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