A Greek VLCC has left Scotland after six years operating as an oil storage vessel. The 299,000-dwt Australis (built 2003), ...

A Greek VLCC has left Scotland after six years of operating as an oil storage vessel. The 299,000-dwt Australis (built 2003), ...

The article notes that shipowners operating 1970s built Suezmax and VLCC tankers of good quality have enjoyed good profits, in fact equating the fleet of this description as "cash cows." ...

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.

Okeanis Eco Tankers boasts a modern fleet and distributes ... Potential upside exists if VLCC and Suezmax rates increase, driven by geopolitical factors and inefficient trading patterns ...

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 ...

Here are Jefferies three Buy-rated VLCC companies: DHT is an independent crude oil tanker company. Its fleets trade internationally. Trading under $12, with a solid 6.08% dividend, this company ...

Alafouzos stated, "Our VLCC and Suezmax fleets have delivered ... dynamics and fleet positioning in both quarters. Okeanis Eco Tankers delivered solid results in Q4 2024, despite a weaker-than ...

China's imports of Russian Far East crude and Iranian oil are set to rebound in March as non-sanctioned tankers, drawn by ...

The sailing fleet consists of six modern scrubber-fitted Suezmax tankers and eight modern scrubber-fitted VLCC tankers. Forward-Looking Statements This communication contains “forward-looking ...

OET is a prominent international tanker company engaged in the transportation of crude oil and refined products, and operates a fleet of modern scrubber-fitted Suezmax and VLCC tankers.