8 VLCCs now announced in 2021 increasing crude capacity by 16 million barrels
vlcc
Posted inProducts & Services
ADNOC Logistics and Services acquires six very large crude carriers
Two VLCCs added to fleet in 2020 with three newbuilds placed on order and one existing vessel recently purchased
Posted inProducts & Services
Could vessels solve the oil storage crisis?
As demand for crude oil falls and storage tanks around the world fill up, is storing crude oil on vessels really the answer?
Posted inProducts & Services
Pessimistic outlook for tanker market
VesselsValue comments on the market for tankers in the recent past, present, and future
Posted inProducts & Services
Oman Shipping Company signs agreement with Daewoo for three VLCC vessels
Long-term contracts with international oil majors are already in place for all ships
Posted inProducts & Services
Oman Shipping Co. commissions latest VLCC
VLCC sixth of its kind to be operated commercially at intl. level
Posted inProducts & Services
ADNOC crude exports disrupted by bad weather
Jebel Dhanna oil terminal suspends operations due to poor visibility
Posted inProducts & Services
Drydocks World Dubai renews BP Shipping alliance
Ship repair yard signs alliance agreement with British supermajor
Posted inProducts & Services
ADNOC signs agreement to store crude in Japan
Abu Dhabi looks to strengthen position in key Asian energy markets
Posted inProducts & Services
Tankers face years in the doldrums – Drewry report
Rising oil prices will not help the oil tanker sector says consultant