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  1. Clarkson: Tanker business upturn to continue its run during 2001

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    Mon, 9 Apr 2001

    … spot fixture data. Very large crude carrier (VLCC) spot fixtures at yearend 2000 had risen 15% while ultra large crude carrier ( ULCC ) spot fixtures rose 5%. "VLCC demand from the Far East appears to be particularly strong. In addition …

  2. Clarkson predicts banner business for tankers will continue this year

    Article

    Wed, 7 Mar 2001

    … is reflected in spot fixture data. It said very large crude carrier spot fixtures rose 15% in 2000 while ultra large crude carrier spot fixtures rose 5%. �VLCC demand from the Far East appears to be particularly strong. In addition …

Related Topics:

  1. Crude Carrier
  2. Product Tanker
  3. Crude Capacity
  4. Floating Storage
  5. Wall Street
  6. Recoverable Oil
  1. Transportation news briefs, Feb. 8

    Article

    Fri, 8 Feb 2002

    … Dalian New Shipyard Heavy Industry Co. Ltd. in northeastern China's Liaoning province will deliver an ultra large crude carrier to Iran in April. The 300,000 dwt tons crude tanker was launched last November and will be ready for delivery …

  2. Times may be a-changin’

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    Mon, 12 Jan 2009

    … working. Department heads come and go, but bureaucracy lasts forever. That makes the Ship of State tougher to turn around than a ULCC . Even a massive group of young, organized, determined devotees of a political or social cause can’t carry out a peaceful …

  3. SPECIAL REPORT: Shell developing heavy oil in deep water off Brazil

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    Mon, 5 May 2008

    … the Bijupira-Salema development. The Fluminense FPSO was converted in Singapore from an ultralarge crude carrier (Sahara ULCC ) and arrived in Brazil early 2003. The ship is 400 m long, can process 81,000 b/d, and store 1.2 million bbl of oil …

  5. Higher transport costs drive demand for derivatives

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    Mon, 22 Nov 2004

    … Follis holds an MSc in shipping, trade, and finance from City University, London. Terminology Ultralarge crude carrier ( ULCC ), >320,000 dwt Very large crude carrier (VLCC), 200,000–319,999 dwt Suezmax, 120,000-199,999 dwt Aframax …

  6. Economic turmoil squeezing demand for big tankers

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    Mon, 22 Feb 1999

    … key determinant of forward supply," said OSC. It expects Asian oil consumption to remain the focus of near-term VLCC and ULCC marketing efforts, with growth in China and India contrasting with sharp cutbacks in Indonesia, Thailand, and Japan: "Overall …

  7. Market watch: Cold snap heats up natural gas futures prices

    Article

    Mon, 14 Oct 2002

    … a French oil tanker near Yemen also prompted traders to cover short positions ahead of the weekend. Since lumbering VLCC and ULCC tankers are vulnerable to such attacks, analysts fear that a rise in insurance premiums for such vessels could add to the cost …

  8. Online Feature: C-Port II latest addition to Port Fourchon

    Article

    Mon, 4 Dec 2000

    … facility. The pipeline connection to the Louisiana Offshore Oil Port (LOOP), the only US facility capable of offloading VLCC and ULCC supertankers, comes ashore through Fourchon, he said. In addition to those imports, a substantial amount of domestic offshore …

  9. OGJ Newsletter

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    Mon, 28 Oct 2002

    … crude carrier fleet is significantly smaller—by 14 vessels or about 5 million dwt—than it was in January because of heavy ULCC scrapping, analysts said (see table). At the same time, charter activity for the past 30 days has nearly doubled, Poten …

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