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Vlcc News

Norsepower, SWS Wrap Up Energy-Efficient VLCC ProjectNorsepower, SWS Wrap Up Energy-Efficient VLCC ProjectNorsepower,a Finnish provider of auxiliary wind propulsion systems for ships, has completed a joint project with China’s Shanghai Waigaoqiao Shipbuilding for the development of an energy-efficient dual-fuel 300,000 dwt very large crude carrier design.05 December 2019 Thursday 11:37
CMES Seals Order for USD 331.8 Mn VLCC QuartetCMES Seals Order for USD 331.8 Mn VLCC QuartetChina Merchants Energy Shipping (CMES), a part of the China Merchants Group, has finalized its order for the construction of four new-generation very large crude carriers (VLCCs).04 December 2019 Wednesday 10:19
CMES Prepares to Order VLCC QuartetCMES Prepares to Order VLCC QuartetChina Merchants Energy Shipping (CMES), a part of the China Merchants Group, has revealed its plans to order up to four very large crude carriers (VLCCs).11 November 2019 Monday 09:48
Third New VLCC Handed Over to Hunter TankersThird New VLCC Handed Over to Hunter TankersNorwegian investment company Hunter Group has taken delivery of its third newly built very large crude carrier (VLCC) and subsequently delivered it to its new owner.31 October 2019 Thursday 14:33
Hunter Tankers Adds 2nd ECO VLCC NewbuildingHunter Tankers Adds 2nd ECO VLCC NewbuildingHunter Tankers, a part of Hunter Group ASA, has taken delivery of the second of seven identical ECO design VLCC newbuildings, the Hunter Saga.21 October 2019 Monday 11:11
Tanker Rate Surge Drives Record ClarkSea Index SpikeTanker Rate Surge Drives Record ClarkSea Index SpikeClarksons’ ClarkSea cross-sector earnings index recorded its biggest ever absolute increase on the back of improved tanker rates which were driven up by a number of factors including a series of Middle East attacks on tankers and recent US sanctions14 October 2019 Monday 17:35
Kyoei Tanker Orders Another VLCC from Namura ShipbuildingKyoei Tanker Orders Another VLCC from Namura ShipbuildingJapanese shipowner Kyoei Tanker has ordered another very large crude oil carrier (VLCC) from compatriot shipbuilder Namura Shipbuilding.07 October 2019 Monday 12:55
Sanctions good for tankers as VLCC rates skyrocketSanctions good for tankers as VLCC rates skyrocketSanctions are not something generally seen as good for shipping, as they usually impede free trade, but the latest US sanctions against Cosco for carrying Iranian oil have caused the VLCC market to skyrocket.07 October 2019 Monday 10:24
Tanker shipping nearing good times with capacity in checkTanker shipping nearing good times with capacity in checkTanker shipping is getting “very, very close” to a positive market as vessel supply capacity is in check due partly to scrubber retrofit works, though more scrapping would be welcomed to further tighten supply.25 September 2019 Wednesday 10:4
LR, JDP Partners to Design New LNG-Fueled VLCCLR, JDP Partners to Design New LNG-Fueled VLCCLloyd’s Register (LR) has signed an agreement with several companies for a joint development project (JDP) to design an LNG-fueled very large crude carrier (VLCC).20 September 2019 Friday 14:10
Saudi Arabia’s International Maritime Industries Inks VLCC Order With Bahri, HHISaudi Arabia’s International Maritime Industries Inks VLCC Order With Bahri, HHIaudi Arabia’s International Maritime Industries (IMI) has signed a vessel purchase agreement (VPA) with the National Shipping Company of Saudi Arabia (Bahri) and a subsequent sub-contract agreement with South Korean shipbuilder Hyundai Heavy Industries18 September 2019 Wednesday 12:1
Hunter Joins New Scrubber Pool for VLCCsHunter Joins New Scrubber Pool for VLCCsHunter Tankers, a part of Hunter Group ASA, has selected Tankers International Ltd as commercial manager for its fleet of very large crude carriers (VLCCs).12 September 2019 Thursday 09:28
DSME Gets Approvals for Crosstie-Less VLCC DesignDSME Gets Approvals for Crosstie-Less VLCC DesignSouth Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has received approvals for crosstie-less design for very large crude carriers (VLCC).05 September 2019 Thursday 13:17
HHI Receives World’s First ‘Cyber Security Ready’ NotationHHI Receives World’s First ‘Cyber Security Ready’ NotationClassification society ABS and Hyundai Heavy Industries (HHI) collaborated to develop cyber security requirements for the ABS Cyber Security-Ready (CS-Ready) Notation for marine assets.15 November 2018 Thursday 12:03
Saudi Shipper Bahri to Seek Acquisitions in AsiaSaudi Shipper Bahri to Seek Acquisitions in AsiaSaudi Arabia’s Bahri is targeting acquisitions in Asia and the Middle East as the exclusive oil shipper for state energy giant Saudi Aramco seeks to expand its reach, the chief executive said on Wednesday.08 November 2018 Thursday 11:40
Explosion Aboard Indian VLCC Leaves Three MissingExplosion Aboard Indian VLCC Leaves Three MissingThe Shipping Corporation of India reports that the VLCC Desh Vaibhav has suffered a cargo tank explosion while under way off the coast of Oman. The blast left one injured and at least three missing.15 August 2018 Wednesday 12:30
DHT to Install Scrubbers on Twelve VLCCsDHT to Install Scrubbers on Twelve VLCCsCrude oil tanker company DHT Holdings has entered into agreements to install exhaust gas cleaning systems, also know as scrubbers, on twelve of its Very Large Crude Carriers (VLCCs) in order to comply with the IMO’s upcoming low sulphur fuel regulations.04 July 2018 Wednesday 14:00
China-US Trade Spat to hit VLCC Demand; Iran Purchases to Continue: SinopecChina-US Trade Spat to hit VLCC Demand; Iran Purchases to Continue: SinopecHowever, the upcoming US sanctions have not had any impact on China’s crude purchases from Iran, which are moving in line with demand, the executive said.27 June 2018 Wednesday 17:29
“K” Line Announces Delivery of 311,000 DWT VLCC ‘TEDORIGAWA’“K” Line Announces Delivery of 311,000 DWT VLCC ‘TEDORIGAWA’Kawasaki Kisen Kaisha, Ltd. (“K” Line) has announced the delivery of “TEDORIGAWA”, a 311,000 DWT-type VLCC at Nantong Cosco KHI Ship Engineering Co., Ltd (NACKS), China on June 4, 2018.05 June 2018 Tuesday 16:52
Hunter Group’s Hunt for VLCC ContinuesHunter Group’s Hunt for VLCC ContinuesThe vessels are the latest Daewoo design and will be outfitted with a scrubber, which will provide the vessels with both technical and commercial advantages compared with the existing VLCC fleet.14 May 2018 Monday 14:15
International Seaways Confirms Acquisition of Six VLCCs from EuronavInternational Seaways Confirms Acquisition of Six VLCCs from EuronavTanker company International Seaways said that it has entered into a stock purchase and sale agreement to acquire the holding companies for six VLCCs from Euronav NV in connection with the closing of Euronav’s announced acquisition of Gener8 Maritime.05 May 2018 Saturday 13:34
Buckeye Plans VLCC-Capable Oil Terminal at Corpus ChristiBuckeye Plans VLCC-Capable Oil Terminal at Corpus ChristiBuckeye Partners, Phillips 66 and Andeavor are teaming up on a giant crude storage and loading terminal in Ingleside, Texas, near the entrance to Corpus Christi Bay27 April 2018 Friday 16:52
Bahri Adds New VLCC KhuraisBahri Adds New VLCC KhuraisNational Shipping Company of Saudi Arabia (Bahri) has taken delivery of Khurais, a very large crude carrier (VLCC), from Korean Hyundai Samho Heavy Industries (HSHI).12 April 2018 Thursday 15:29
Hyundai Merchant Marine Gets $420 Mln to Add 5 VLCCsHyundai Merchant Marine Gets $420 Mln to Add 5 VLCCsSouth Korea’s leading sea carrier Hyundai Merchant Marine Co. (HMM) has signed a financial contract with Korea Shipping and Maritime Transportation to build five 300,000-ton very large crude carriers (VLCCs), said a report in Business Korea.27 March 2018 Tuesday 17:54
Navios Maritime Acquisition Corporation Sells VLCC for $44.5 MlnNavios Maritime Acquisition Corporation Sells VLCC for $44.5 MlnNavios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced that it has agreed to sell the Nave Galactic, a 2009-built VLCC of 297,168 dwt to Navios Maritime Midstream Partners for $44.5 million.27 March 2018 Tuesday 15:04
Korea Lines orders two VLCCs at Hyundai HeavyKorea Lines orders two VLCCs at Hyundai HeavyAccording to Yonhap news agency, the new VLCCs are expected to have been delivered by the 2020. The total amount of the agreement will amount at 185.6 billion won (US$173 million).17 March 2018 Saturday 16:15
Hyundai Samho Heavy Industries Delivers Green VLCCHyundai Samho Heavy Industries Delivers Green VLCCHyundai Samho Heavy Industries (HSHI) has completed building a scrubber-equipped Very Large Crude oil Carrier (VLCC), the first of two ships ordered by Greek shipowner Almi Tankers in August 2016, reported the Pulse.15 March 2018 Thursday 16:03
International Seaways Updates on VLCC Acquisition and MR Vessel SalesInternational Seaways Updates on VLCC Acquisition and MR Vessel SalesInternational Seaways, one of the largest tanker companies worldwide, said it acquired a 2010-built VLCC for $53 million, the Seaways Raffles, which commenced trading in the Tankers International pool, during the fourth quarter of 2017.09 March 2018 Friday 17:02
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