VLCC
Massive crude carrier
VLCC stands for Very Large Crude Carrier, a class of oil tanker capable of transporting roughly two million barrels of crude oil.
These massive ships are among the largest vessels afloat, typically too large to pass through the Suez or Panama canals when fully loaded.
The term appears frequently in shipping industry reports and oil market analysis.
VLCC rates have surged due to increased demand from Asian refineries.
Enormous petroleum cargo ship
- tankshipVessel transporting liquid cargo
- oil tankerVessel transporting liquid fuel
- single-hullOne-bodied boat design
- deadweightInert, unproductive mass
crude carrier · tonnage · draft · keel · hull · bow · stern · deck
Unrefined fossil fuel
- petroleumNatural underground hydrocarbon liquid
- hydrocarbonsCarbon-hydrogen organic compounds
- barrelsCylindrical storage vessels
- ullageUnfilled container volume
Petroleum released into water
- double hullTwo nested watertight barriers
- Lloyd'sLondon insurance market
- vettingEvaluating suitability through investigation
- pollution preventionStopping contaminants at origin
Inlet between Iran and Arabia
- Strait of HormuzNarrow passage linking gulfs
- Suez CanalManmade strait through Egypt
- Cape of Good HopeSouth African peninsula tip
- RotterdamMajor Dutch port city
Hiring for exclusive use
- spot marketImmediate delivery exchange
- freight ratesPrices for moving goods
- demurrageFee for delayed pickup
- fleet managementSupervising organizational vehicles collectively
supertanker
Enormous petroleum cargo ship
- tankshipVessel transporting liquid cargo
- oil tankerVessel transporting liquid fuel
- single-hullOne-bodied boat design
crude carrier · deadweight · tonnage · draft · keel · hull · bow · stern · deck · superstructure
crude oil
Unrefined fossil fuel
- petroleumNatural underground hydrocarbon liquid
- hydrocarbonsCarbon-hydrogen organic compounds
- barrelsCylindrical storage vessels
oil spill
Petroleum released into water
- double hullTwo nested watertight barriers
- Lloyd'sLondon insurance market
- vettingEvaluating suitability through investigation
Persian Gulf
Inlet between Iran and Arabia
- Strait of HormuzNarrow passage linking gulfs
- Suez CanalManmade strait through Egypt
- Cape of Good HopeSouth African peninsula tip
chartering
Hiring for exclusive use
- spot marketImmediate delivery exchange
- freight ratesPrices for moving goods
- demurrageFee for delayed pickup
- giant shipssupertanker, superyacht, megayacht, superliner, Queen Mary 2
- Indian Beautykajal, kohl, mehndi, bindi, sandalwood
- oil tradeoil trade, petroleum, barrels, oil imports, oil exports
- tankersoil tanker, fuel tanker, gas tanker, tanker truck, tank truck
- oil tankersoil tanker, supertanker, tankers, crude carrier, ballast tank
- shipsship, vessel, freighter, tanker, cargo ship
VLCCcontainer ship
Vessel carrying standardized freight boxes
containership · car carrier · cruise ship · ferry · passenger liner