‘Year of the VLCC’: Biggest tankers take market share as US replaces Russian barrels

VLCCs have emerged as biggest winners in the trade reshuffle leading to greater volumes on US Gulf to Europe route

The Moda Ingelside Energy Center, a US crude oil export terminal.
The Moda Ingelside Energy Center, a US crude oil export terminal.Photo: Moda Midstream
Published 3 May 2023, 11:47Updated 3 May 2023, 11:47
RussiaUSUkraineVLCCsAframax tankers