VLCC spot rates have hit a new low for 2024 as stable period charter rates prompted analysts to hold firm to a belief in an ...
Tanker values have been hovering at the highest point for 15 years for much of 2024 — until last month. Elevated secondhand ...
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." ...
The 310,000 dwt tanker is believed to be the largest VLCC built for the domestic market thus far. According to Equasis, she is owned by Shanghai-based China Shipping Development Co. Liu Yijun ...
Teekay Tankers is an undervalued opportunity with strong financial position and potential for significant upside at $50 per ...
A tanker carrying Iranian oil to Syria turned round in the Red Sea to head away from its original destination after the fall ...
Despite large declines in spot rates over the last few months, Teekay Tanker is still generating significant free cash flows.
Overall analyst consensus for VLCC owner DHT Holdings (NYSE:DHT) is $56K/day for non-eco VLCC rates in 2025, while product ...
Okeanis Eco Tankers Corp is a great marine shipping stock with the youngest fleet in the industry and a reliable high-yield ...
(NYSE:DHT) (“DHT” or the “Company”) has entered into agreement to sell the DHT Scandinavia, a 2006 built VLCC, for $43.4 ...
BNP Paribas Financial Markets boosted its holdings in shares of Okeanis Eco Tankers Corp. (NYSE:ECO – Free Report) by 409.9% ...
The latest sanctions bring the total number of VLCCs under restriction to 35, with an additional 85 vessels on a "watchlist" ...