Jefferies estimates that VLCC utilisation was at 83% before US sanctions started ramping up last October. The number has ...

CFO Laila Halvorsen highlighted Q4 revenues on a TCE basis of $85.5 million and adjusted net income of $26.8 million or $0.17 per share. Vessel operating expenses for the quarter were $20 million, and ...

"As VLCC starts a new chapter, the board and I are confident that Syed will lead the company successfully into its next phase of global growth. His track record and value system make him an ideal ...