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Very Large Crude Carrier

Very Large Crude Carrier (VLCC)

A Very Large Crude Carrier, commonly abbreviated as VLCC, is a type of large tanker ship designed for the transportation of crude oil. VLCCs are amongst the largest moving man-made structures and are classified by their deadweight tonnage (DWT), which is the measure of how much weight a ship can safely carry. Typically, a VLCC can transport about 200,000 to 320,000 DWT of crude oil, which equates to around 2 million barrels.

VLCCs are essential components of the global maritime logistics system and are particularly important in the field of energy commodities trading. Due to their enormous size, these vessels are best suited for long-haul crude oil transportation and are commonly used for shipping oil from production areas in the Middle East, West Africa, and other regions to worldwide markets. VLCCs are often preferred for their economies of scale, providing cost-effective means to move large quantities of oil over long distances.

The extensive use of VLCCs in oil transportation reflects the shipping industry’s need to optimize costs and efficiency, as part of the broader energy supply chain. They are built with increasingly sophisticated technologies for safety and navigation, as well as to minimize environmental impact, adhering to stringent international regulations on maritime emissions and oil spill prevention.

For more information on Very Large Crude Carriers, you can visit the following websites:

1. DNV (Det Norske Veritas) – DNV provides a detailed classification and technical referencing for large crude carriers, including safety guides, maritime standards, and environmental compliance.
URL: https://www.dnv.com/maritime/index.html

2. International Maritime Organization (IMO) – The IMO is the United Nations specialized agency with responsibility for the safety and security of shipping and the prevention of marine pollution by ships. It offers extensive resources and regulatory frameworks for VLCCs and other large vessels.
URL: https://www.imo.org/

Please note that web URLs are subject to change over time, and while they are active at the time of writing, future changes to the websites’ structures may affect their accessibility.

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.