Suez Canal charging VLCCs coming from Arabian GulfEgypt's Suez Canal Authority has set new toll rates for oil tankers as part of a six-month experiment that came into effect on Thursday, it said on its website. Very large crude carriers (VLCCs) transitting the canal from the More… |
Bahri secures $380m Islamic loan for five VLCCsNational Shipping Company of Saudi Arabia said on Sunday it had signed a murabaha facility with Riyad Bank valued at SR1.425 billion ($380 million) to finance the construction cost of five very large crude carriers. The facility l More… |