Q&A: Inside the high-stakes world of clandestine crude shipping

crude tanker

There are companies that spend tens of millions of dollars and deploy vast amounts of computer power to track the world’s tanker fleet, using automation and scalability to distill intelligence from ship movements.

And then there’s TankerTrackers.com, which has garnered more headlines than all the rest.

TankerTrackers.com is the antithesis of scalability – a small team of amateur sleuths, more Hardy Boys and Nancy Drew than HAL 9000, more likely to be hunched in the dark trying to identify a...

https://s29755.pcdn.co/news/qa-inside-the-high-stakes-world-of-clandestine-crude-shipping

Spot VLCC Freight Rates Infringe the World-Scale Mark

Spot VLCC freight rates for shipping crude from the Persian Gulf to the Far East breached the 200 Worldscale mark Friday with shipowners’ earnings racing past the $200,000/day figure for the first time in a decade, reports S&P Global Platts.

Bump for super tankers

The choking of tonnage supply due to US sanctions on China’s Cosco Dalian Tanker Shipping as well as ships sent to the dry docks for the installation of scrubbers, is causing charterers to jostle for super tankers to haul their crude...

https://mfame.guru/spot-vlcc-freight-rates-infringe-the-world-scale-mark/