KUALA LUMPUR: MISC’s wholly owned subsidiary AET has taken delivery of the first of three Suezmax Dynamic Positioning (DP2) shuttle tankers meant for long-term charter with global oil company Shell.

Very large crude carriers (VLCCs) are a large tanker ship that transports crude oil and other liquids. VLCCs were first developed in the 1960s and can carry up to 2 million barrels of crude oil.

Ihe tanker market provides a transportation service to rectify imbalbetween the main oil producing and consuming nations. More than 80 percent of crude oil production is moved on a seaborne basis ...

Tankers return to ports to finish loading a week after pause, delays Crude cargoes set sail, destinations include India and China Cuba has benefited, to receive more cargoes this month April 9 ...