US Hits 10th Venezuela-Linked Tanker Seizure with VLCC Bertha
Escalating interdictions timeline:
- Trump admin began targeting Venezuela-connected oil tankers in December; now at 10th interdiction.
- VLCC Bertha,...

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Professional updates on VLCC, Suezmax and Aframax spot rates, fixtures, fleet and corporate news. Focus primarily on second-hand fleet transactions, spot rate & charter rate, key players (Especially Sinokor)
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Escalating interdictions timeline:
Intensifying sanctions trend targets Russian crude oil exports:
Teekay Tankers (TNK) sells sole VLCC for $84.5m gain, shifts to Suezmax/Aframax amid fleet renewal.
Suezmax spot market booms for NAT:
Frontline releases Q4 results today (Feb 27), with analysts forecasting a sharp profitability rebound after a disappointing prior quarter amid tanker rates at multi-decade highs.
Key tanker market signals:
Spot-focused growth signals upside: Fleet-wide Q1 TCE guidance at $94,800/day amid Suezmax fleet expansion.
Greek tycoon's tanker power play:
Three angles on escalating tanker risks:
DHT rides VLCC rate surge above $100,000/day:
Sinokor's seismic VLCC buying now dominates US Gulf availability:
INSW reports strong Q4 2025 earnings fueling records, bolstering position in tight market.
Geopolitical premiums and supply squeeze drive VLCC frenzy:
Key VLCC shift post-US deal: Vitol and Trafigura chartered three VLCCs (Nissos Kea, Nissos Kythnos, Arzanah) for March loadings at Jose terminal,...
Sanctioned crude from Iran, China, and Russia powers a shadow fleet making up 18% of global tanker capacity—or 6-7% of total unrefined flows—bypassing US and allied restrictions.
Charterers in a quandary: two Suezmaxes are cheaper than one VLCC for an Indian state refiner's 2m barrels of African crude. Suezmax economics gaining edge on this route.
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