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Port News
Hormuz day 46: blockades and backchannels
Diplomatic hopes flickered on Tuesday as Pakistan said it has proposed a second round of talks between Washington and Tehran,…
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Port News
VLCC day rates rocket above half‑million dollars
Amid soaring tanker rates, a US‑led naval coalition has warned shipping that stationary vessels and ships on predictable routes are…
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Maritime News
VLCC Rates Hit New Sky-High Record: $424,000 Per Day
Rates for VLCCs were already high before the U.S.-Israeli strike on Iran last weekend, but three days after hostilities began,…
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Maritime News
VLCC Day Rates Soar to Rare Heights
Daily charter rates for VLCC tankers on the Middle East to Asia run have reached their highest level since those…
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Port News
DHT fixes VLCC above $100,000 a day
New York-listed tanker owner DHT Holdings has secured another high-paying long-term charter, fixing one of its oldest VLCCs at a…
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Port News
DHT VLCC clocks $90,000 a day on one-year deal
A 14-year-old VLCC pulling in $90,000 per day would have raised eyebrows not long ago. In today’s market, it is…
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Port News
Embiricos fixes 2010-built VLCC at $147,135 a day
A 2010-built VLCC has been fixed out at a striking $147,135 per day. The scrubber-fitted Kalamos, built at Shanghai Waigaoqiao,…
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Port News
Frontline fixes seven VLCCs at near-$77,000 a day
Frontline has locked in one-year time charters for seven of its VLCCs at rates not seen in decades, underlining just…
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Port News
Capesize rates charge past $40,000 a day as tonnage tightens across basins
The capesize market is ending the year with a burst of momentum rarely seen outside cyclical peaks, as tightening tonnage…
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Maritime News
Ex-Ferry Set to Launch Day Cruise Concept Off Singapore and Malaysia
A Singapore-based venture capital firm is launching a new day cruise operation, which it is billing as a retreat by…
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