Bloomberg News

Nine VLCCs Ship North Sea Crude to Asia Since December

May 01, 2012

Nine supertankers have shipped North Sea crude to Asia since December, according to vessel reports and ship-tracking data from IHS Inc. (IHS:US)

A 10th very large crude carrier, Atlantas, chartered by Occidental Petroleum Corp. (OXY:US), the parent company of Phibro, is scheduled to arrive at Hound Point, the loading terminal of North Sea Forties crude, on May 15, and sail to South Korea, according to reports from shipbrokers.

Details of VLCC fixtures from the North Sea to Asia since December are as follows. The freight is in millions of dollars.

---------------------------------------------------------------
Ship         Charterer    Date      Port    Destination  Freight

Alexander
 the Great       BP       Dec. 12   H. Point  Ulsan           $4
Eliza            N.A.     Dec. 21   H. Point  Yeosu         N.A.
Oliva            N.A.     Jan.  9   H. Point/
                          Jan. 12   Mongstad  Yeosu         N.A.
Great Lady       Vitol    Jan. 15   H. Point  Kawasaki/Yeosu  $7
Front Champion   Statoil  Jan. 21   Mongstad  Ulsan         $6.1
DHT Eagle        Statoil  Feb.  16  Mongstad  Ulsan         N.A.
Ioanna           Shell    March 19  H. Point  Yeosu        $5.95
British Purpose  N.A.     March 29  H. Point  Singapore     N.A.
Mesdar           Chevron  April 28  H. Point  Yeosu         $7.3
---------------------------------------------------------------

To contact the reporter on this story: Sherry Su in London at lsu23@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net


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Companies Mentioned

  • IHS
    (IHS Inc)
    • $128.19 USD
    • -0.30
    • -0.23%
  • OXY
    (Occidental Petroleum Corp)
    • $86.13 USD
    • -0.23
    • -0.27%
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