Crude Carriers
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May 21, 2012 at 22:00 | Source: Bloomberg
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Twelve very large crude carriers have been booked to transport the oil to South Korea since mid-December, the most on record over a five-month period, according to tanker reports and ship-tracking data from IHS Inc. (IHS) The FTA, which started ...
May 25, 2012 at 00:11 | Source: Bloomberg
Frontline’s recovery reflected improved tanker market conditions. The company’s Very Large Crude Carriers, which carry 2m barrels of oil each, earned an average $25,400 a day in the first quarter, against $16,800 a day in last year’s fourth quarter ...
May 25, 2012 at 13:26 | Source: Financial Times
During the testing process, 16 oil cargo tankers (14 of which were very large crude carriers) anchored safely, with a handling capacity of over 3.36 tons. With the berth officially enabled, the number of berths in the Daxie marine area has ...
May 18, 2012 at 03:33 | Source: Jakarta Post
Very large crude carriers, each hauling 2 million barrels, will earn $40,000 a day this year, 81 percent more than in 2011, said Andreas Vergottis, the Hong Kong-based research director of Tufton Oceanic Ltd., which manages about $1.3 billion of assets.
May 15, 2012 at 09:42 | Source: Bloomberg
Frontline Limited owns a fleet of very large crude carriers and Suezmax tankers that transport crude oil and oil products between ports. The Company's vessels are managed by ship management companies. Frontline conducts activities worldwide. Frontline ...
May 25, 2012 at 14:59 | Source: Financial News Network Online
According to Reuters, only seven of Iran's Very Large Crude Carriers (VLCCs) are still operating their onboard transponders, while only two of the country's nine smaller Suezmax tankers are trackable. Under international law, ships are required ...
May 25, 2012 at 12:36 | Source: Moneyshow.com
Revenues in the quarter fell 28.7% year-over-year to $167.8 million. Frontline Limited owns a fleet of very large crude carriers and Suezmax tankers that transport crude oil and oil products between ports. The Company's vessels are managed by ...
May 25, 2012 at 13:05 | Source: TMCnet
Frontline Limited owns a fleet of very large crude carriers and Suezmax tankers that transport crude oil and oil products between ports. The Company's vessels are managed by ship management companies. Frontline conducts activities worldwide.
May 22, 2012 at 04:40 | Source: TMCnet
doesn't expect any significant impact on its financial performance this fiscal year due to restricted insurance coverage for carriers shipping crude oil from Iran, Chairman and Managing Director S. Hajara said Monday. Due to the restrictions ...
May 14, 2012 at 10:47 | Source: Smart Money
Through the year we expect to see these companies continue to struggle, especially those with large numbers of very large crude carriers (VLCCs) in their fleet, and above all those operating VLCCs on the spot market. Although the companies cannot control ...
May 21, 2012 at 03:29 | Source: Transworld News