VLCC Idle Rate Climbs to 55%! Tanker Owners Grapple with Scarcity of Physical Cargoes

Recent data reveals a sharp increase in the number of idle crude oil tankers globally.

Six VLCCs! Two Swiss Owners Place Bets on This Chinese Shipyard

The global Very Large Crude Carrier (VLCC) newbuilding market is heating up once again, with two Swiss shipowners independently placing their bets on the same Chinese shipyard.

Owners says ‘imperative’ they are granted access to tanker Stena Impero seized by Iran

Stena Bulk says it is “imperative” that they are granted access to the tanker Stena Impero following allegations by Iran of violating international rules and collision with a fishing vessel.

Ship Owners Are Scrambling to Install Scrubbers

Ship owners accelerated installations of engine emissions cleaning systems this year ahead of stringent new rules ...

Shipping Rates Plunge as Owners Fret About Trade War Impact

When U.S. President Donald Trump fired the first salvos in his trade war with China, the market for hauling...

Top Performing German Owners Since SMM 2017

With SMM this week, VesselsValue has put together an infographic looking at the best performing German owners...

Owners optimistic on LNG rates

Top Greek shipowners are optimistic about the charter rate outlook for LNG, although express concerns over the tender process and shorter periods adopted by some charterers.