reguLiQ
Enzyme Fuel Technology for Vessel Emission Reduction
A two-fold increase in shipping rates has boosted oil tanker demand, lifting prices to a nine-month high. Last week, the price of a five-year very large crude carrier (VLCC) rose to $82.7m, representing the highest price since 20 July 2009, and a rebound from the low of $77.1m on 14 Dec
A two-fold increase in shipping rates has boosted oil tanker demand, lifting prices to a nine-month high.
Last week, the price of a five-year very large crude carrier (VLCC) rose to $82.7m, representing the highest price since 20 July 2009, and a rebound from the low of $77.1m on 14 December 2009, according to Bloomberg.
The price of a five-year Aframax rose to $41.79m, the highest level since 26 May 2009.
Average VLCC shipping rates increased to $37,500-a-day in 2010 from $14,760 in the last quarter of 2009.
VLCCs can carry over 1.46 million barrels of crude oil while Aframax ships have the capacity to carry up to 876,000 barrels.
Enzyme Fuel Technology for Vessel Emission Reduction
Foam-Filled Marine Fenders
Marine Turbocharger Overhaul, Engineering and Service