Not for Vandana Luthra. With a net worth of ₹1,300 crores today, her entrepreneurial journey began with a modest investment of ₹20,000—an amount that laid the foundation for VLCC, now valued at ₹4,500 ...

China Merchants Ports Holdings is building its global capacity by taking over Brazil’s only private VLCC terminal. The group said in a Hong Kong Stock Exchange filing it was acquiring 70% of ...

“Our VLCC fixture data indicates a similar percentage of fixtures into and out of the US are on Chinese-built tonnage,” it said. “The additional fees could essentially exclude this segment ...