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The charter rate for very large crude carriers, which carry two million barrels of oil, had peaked at $309,601 per day in 2007 but had dropped to $7,085 per day by 2012, far below the operating costs of these ships. [57] As a result, several tanker operators laid up their ships.
Very Large Crude Carrier size range At nearly 380 vessels in the size range 279,000 t DWT to 320,000 t DWT , these are by far the most popular size range among the larger VLCCs. Only seven vessels are larger than this, and approximately 90 between 220,000 t DWT and 279,000 t DWT .
Ultra Large Crude Carrier/Sea Saint: Kockums: Supertanker 1974 converted to FPSO named Fluminense. Two active in a series of six. Rederi AB Malmoil Sweden: Ultra Large Crude Carrier/Sea Scape: Kockums: Supertanker 1975 2002 scrapped in Xinhui, China Sture Ödner, Sweden Sweden: Ultra Large Crude Carrier/Sea Stratus: Kockums: Supertanker 1975 2000
In 1966 the 206,000 long ton Idemitsu Maru was the first Very Large Crude Carrier (VLCC) built. In twenty years, the size of tankers had increased tenfold. [27] In 1968, the first Ultra Large Crude Carrier, the Universe Ireland was built.
BP Shipping. BP Shipping is the maritime arm of British headquartered global oil company, BP. The unit covers the marine transport, logistics and insurance requirements of all BP's global activities. Formed in 1956 as BP Tanker Company Ltd, its roots go back to the British Tanker Company, which was formed to carry products for the Anglo-Persian ...
TI-class supertanker. Hellespont Tara (later TI Europe) in the Netherlands on June 24, 2005. The TI class of supertankers comprises the ships TI Africa, TI Asia, TI Europe and TI Oceania (all names as of July 2004), where the "TI" refers to the ULCC tanker pool operator Tankers International. The class were the first ULCCs (ultra-large crude ...
With a length overall of 330 m (1,080 ft) and a capacity of 2.2 million barrels (350,000 m 3) of crude oil, she is classified as a very large crude carrier or VLCC. [3] Vela is based in the United Arab Emirates and is a subsidiary of the Saudi Arabian state oil company Saudi Aramco. Sirius Star is one of Vela's 24 tankers, of which 19 are VLCCs.
Malaccamax is a naval architecture term for the largest tonnage of ship capable of fitting through the 25-metre-deep (82 ft) Strait of Malacca. Bulk carriers and supertankers have been built to this tonnage, and the term is chosen for very large crude carriers (VLCC).