Onassis Foundation-controlled Olympic Shipping head reflected on latest geopolitical developments shaping the tanker market ...

A Greek VLCC has left Scotland after six years of operating as an oil storage vessel. The 299,000-dwt Australis (built 2003), ...

Should the Trump administration go ahead with the proposed scheme, brokers expect it could lead to a two-tier VLCC market, ...

The shift is likely due to their ability to discharge oil at shallower Chinese berths. Read more at straitstimes.com.

Teekay Tankers also owns a Very Large Crude Carrier (VLCC) through a 50 percent-owned ... marine services provided by the Company and owns a ship-to-ship transfer business that performs full ...