Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

VLCCs In High Demand Among Shipowners

Ship owners are stocking up with VLCCs, betting on a long lasting surge of rates amid Middle East instability. In its latest weekly report, shipbroker Xclusiv said that “the January–July 2026 tanker Sale & Purchase market has been considerably more active than during the corresponding period of 2025, with 365 vessels changing hands compared to ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

Read the original at hellenicshippingnews.com →

More in Finance & Markets

Europe’s diesel options narrow

Half of Europe’s seaborne diesel imports from other regions now come from the US, up from a quarter a year ago. That leaves Europe’s marginal supply resting on one region, while inventories sit very…

  • Half of Europe's diesel imports last month came from the US.
  • Russian diesel exports absent since July, refining capacity damaged.
  • India's crude exports declining, limiting diesel transit to Europe.

More from Monday 31 August →