The number of supertankers seeking to load crude oil from ports and terminals in the Persian Gulf over the next 30 days expanded by 5.1 percent, Pareto Securities ASA said, Bloomberg reports. Total supertankers in the region rose to 103 from 98 on Sept. 16 amid “limited spot activity,” Pareto analysts including Martin Korsvold said in an e-mail sent today.
Daily losses for VLCCs, each able to haul 2 million barrels of crude, on the benchmark Saudi Arabia-to-Japan voyage narrowed to $2,855 yesterday from the 2011 low of minus $4,175 on Sept. 19, according to the London-based Baltic Exchange. The bourse’s earnings estimates don’t reflect speed alterations that can cut fuel consumption.
Daily losses for VLCCs, each able to haul 2 million barrels of crude, on the benchmark Saudi Arabia-to-Japan voyage narrowed to $2,855 yesterday from the 2011 low of minus $4,175 on Sept. 19, according to the London-based Baltic Exchange. The bourse’s earnings estimates don’t reflect speed alterations that can cut fuel consumption.