Persian Gulf Tanker Rates 11-Month High

Friday, December 18, 2009

According to a Dec. 17 report from the Nigerian website, www.punchng.com, the cost of delivering Middle East crude to Asia, the world‘s busiest route for supertankers, rose to an 11-month high because of reduced supply of vessels for hire. Charter rates for very large crude carriers, or VLCCs, on the industry benchmark Saudi Arabia to Japan route climbed 1.4 percent to 57.75 Worldscale points according to the London-based Baltic Exchange.

(Source: www.punchng.com)

Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Tanker Trends

Dorian Acquires 2 ECO VLGC

Dorian LPG, an owner and operator of modern Very Large Gas Carriers ("VLGCs"), reported today that it has taken delivery of the ECO VLGC Commodore from Hyundai

Egypt Picks Jordan LNG Cargo Winners

Egypt has picked Shell, Vitol and Trafigura in a tender to supply four cargoes of liquefied natural gas (LNG) via Jordan's Aqaba import terminal, trade sources said.

SHIPPINGInsight to Focus on Ship Telematics

The subject of ship telematics will be prominently featured at the upcoming SHIPPINGInsight 2015 Fleet Optimization Conference & Exhibition, which takes place in Stamford, Conn.

 
 
Maritime Contracts Naval Architecture Navigation Offshore Oil Pipelines Ship Electronics Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.3996 sec (3 req/sec)