19], indicating a further surge in rates as we go into the fourth quarter," the investment bank continued, attributing recent VLCC
rate strength to "surging activity out of the Middle East."
The No.82 300k DWT VLCC
is another masterpiece jointly made by DSIC and CMES, following a successful delivery of the global first wind-sail propelled VLCC
Operating in Oman for ten years, she revealed VLCC
's plans to open centres in Salalah and Sohar in 2019.
The decrease in demand along with the build-up in supply in the Persian Gulf amid OPEC's cut in crude output for six months starting January contributed to the fall in Asian VLCC
freight rates, market participants said.
Officials of both the companies pose at the Amad VLCC
"Saudi Arabia is on the cusp of a number of major economic developments and milestones like the delivery of our 46 th VLCC
, 'Amad,' further strengthening our focus on playing an integral role in achieving the Kingdom's Vision 2030 objectives.
This is the second time a VLCC
will load with diesel from the Chinese refinery, one of the people said.
can carry about 2 million barrels of diesel while a Suezmax typically carries about 900,000 barrels of the fuel.
, a beauty and wellness brand, and Saudi conglomerate Cigalah Group, have announced a strategic partnership to launch VLCC
wellness centres in Saudi Arabia, starting with Jeddah in November, the company said in a statement on Thursday.
's entry into Saudi Arabia will further strengthen its position in the GCC region where it has already established itself as a pioneer in the beauty and wellness industry, and currently operates 20 VLCC
Wellness centres across UAE, Oman, Bahrain, Qatar and Kuwait.
DHT is an independent crude oil tanker company operating a fleet of crude oil tankers in the VLCC
and Aframax segments.
International Resource News-January 16, 2017--Gener8 Maritime takes delivery of 'ECO' VLCC
tanker the 'Gener8 Hector'