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Brazilian energy major charters tankers mostly from rival oil giants after a week of relying on Frontline tankers ...
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 ...
The TC1 75kt MEG/Japan index lost 6 points this week to WS492. A voyage west also freighted down this week with the TC20 90kt MEG/UK-Continent index going from $10.1 million to $9.31 million. The TC15 ...
DHT Holdings remains the cheapest US-listed VLCC pure play, offering significant upside despite extensive charter coverage below current market rates. DHT's charter strategy ensures stable base ...
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 ...
The Strait of Hormuz isn’t open yet, but the chance that it might be soon — even if it’s a partial reopening — is a magnet for VLCC tonnage, pumping up spot rates at other loading ports around the ...
BWET jumped 19% today and is up nearly 1,000% year-to-date, driven by the Strait of Hormuz disruption tightening VLCC tanker capacity. The entire thesis rests on Hormuz remaining disrupted; a ...
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 ...