A couple of very large crude carriers, or VLCCs, have transited the Strait of Hormuz this week. A VLCC can carry about 2 million barrels of oil. Tanker transits on Tuesday were 90% below traffic on ...

The US investment bank is said to have 10 VLCC newbuildings on order at shipyards in China and South Korea US banking giant ...

I can’t keep track anymore.” That is how one senior shipbroker described 2026’s wave of VLCC orders to Riviera, as staggering ...

SINGAPORE/LONDON, May 7 (Reuters) - With their location trackers shut off to avoid Iranian attacks, the United Arab Emirates and buyers have recently sailed several tankers loaded with crude through ...

BWET surged 1,406% in 12 months after the Strait of Hormuz closure forced tankers onto longer routes, spiking VLCC freight futures with full exposure. Watch the Baltic Dirty Tanker Index and ...

DHT Holdings is upgraded to a strong buy, driven by robust Q1 results, strong Q2 guidance, and anticipated VLCC rate increases. DHT’s charter coverage provides stability but limits upside; current ...

Oil tanker rates have soared since the U.S. and Iran announced the memorandum of understanding as oil importers scramble to charter vessels to pick up Persian Gulf cargoes in the hope these can ...

SINGAPORE, May 20 (Reuters) - Three supertankers were crossing the Strait of Hormuz on Wednesday carrying oil bound for Asian markets, after waiting in the Gulf for more than two months with 6 million ...

Three supertankers were crossing the Strait of Hormuz on Wednesday carrying oil bound for Asian markets, after waiting in the Gulf for more than two months with 6 million barrels of Middle East crude ...

April 15 (Reuters) - The U.S. blockade on vessels entering or leaving Iranian ports adds to uncertainty over shipping through the Strait of Hormuz, which has been all-but-shut since the start of the ...

"Effectively removing the Arabian Gulf from the tanker spot market for four months has dented fixture volumes," the New York ...