# The vessel, a very large crude carrier (VLCC) named Asian Lion, with a capacity of around 2 million barrels, is currently heading towards West Asia to load.

*business · news · 2026-04-09 · Firstpost*

## Key points

- Glencore has chartered the VLCC Asian Lion to load crude from West Asia post-ceasefire.
- The VLCC was fixed at Worldscale 580, more than double pre-war freight rates for the route.
- Demurrage fees have surged to about $580,000 per day due to ongoing operational uncertainties.
- Iran requires vessels to obtain permission before transiting the Strait of Hormuz and warns of targeting unauthorized ships.
- Iran's Revolutionary Guards navy has issued alternative navigation routes to help ships avoid naval mines.

**Companies:** Glencore
**Countries:** Iran, United States

[Read the full story on Firstpost](https://www.firstpost.com/business/asia-bound-crude-trade-restarts-glencore-books-first-supertanker-after-iran-ceasefire-13998238.html)

---

Canonical: https://newsio.io/n/5a00507a-6bee-4c8e-9099-f184fd36775e/the-vessel-a-very-large-crude-carrier-vlcc-named-asian-lion-with-a-capacity-of-a
Summarized by Newsio from Firstpost. https://newsio.io/how-it-works