Very Large Crude Carrier (VLCC) is a type of oil tanker specifically designed to transport huge amounts of crude oil across the world’s oceans. These vessels are among the largest ships in the world and are predominantly used for long-haul journeys.
A VLCC typically has a weight-carrying capacity of around 200,000 to 320,000 deadweight tons (dwt). These massive carriers are constructed with double hulls to ensure safety and minimize the risk of oil spills in case of accidents or collisions. They are equipped with multiple cargo tanks to store and transport crude oil efficiently.
VLCCs play a crucial role in the global energy market as they facilitate the transportation of vast quantities of oil from producing regions to refining centers or strategic storage locations. Their large size enables economies of scale, reducing the per-barrel transportation costs.
For more information about Very Large Crude Carriers, you can visit the following websites:
1. International Association of Independent Tanker Owners (INTERTANKO):
INTERTANKO provides valuable information regarding various types of tankers, including VLCCs. Their website offers insights into the tanker industry, technical standards, regulations, and much more.
(https://www.intertanko.com/our-industry/tankers/types-of-tankers/vlcc/)
2. Marine Insight:
Marine Insight is an online platform that offers knowledge and insights into various aspects of the maritime industry. Their website provides comprehensive articles and guides about VLCCs, including their design, operations, safety measures, and the latest trends in the industry.
(https://www.marineinsight.com/types-of-ships/6-major-types-of-vessels-used-to-ship-oil-and-gas-across-the-world/)
Please note that these links are provided as examples and may vary based on the availability and relevance of information at the time of accessing them.
This A.I.-generated glossary is intended to provide a convenient means to understand terminology used on this website in the context of physical commodities trading. Some terms may have alternative and/or expanded definitions that may not be relevant here and thus not included. Sources provided are for reference and not intended to be an endorsement of the broader content on that website. Suggestions, questions, or corrections can be provided in the comment box on definition pages.