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Tankers

Is $60,000 per day the new normal for VLCCs?

Even older very large crude carriers are securing impressive charter rates as market takes on new shape

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DHT’s spot VLCCs rake in $60,300 per day in first quarter

Shipping revenues quadruple for the New York-listed crude tanker owner as the bull market shows no signs of letting up

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Tanker fleet growth is top priority for Concordia Maritime

Owner wants to expand its fleet to capitalise on bull market

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Three of the four new LNG importers in 2015 are using FSRUs

Pakistan, Jordan and Egypt have chosen the more cost-effective and flexible gas import option

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Will prediction for Baltic Sea aframaxes come true?

Owner forecasts rate rises in the Baltic Sea but this week's start has been inauspicious

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Next question! Scorpio’s Bugbee rejects negativity

'We've been right' says Bugbee, as product tanker market strengthens

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Scorpio’s Bugbee sees pools as its contribution to consolidation

Pools would afford Scorpio the benefits of consolidation without the disruption of acquiring the vessels themselves

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Scorpio Tankers expenses erode income

Although there were some higher expenses, the fleet's earning power has increased dramatically

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Euronav warns against speeding up tankers

It serves little purpose to go faster, despite the temptation in a hot market to grab as many cargoes as possible, says owner

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Heat stays in VLGC spot market

Spot rates climb to $96 per tonne, with expectation of further rises this week

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