Showa Shell, Idemitsu Kosan to Join VLCC Fleets

Japanese oil and energy companies Showa Shell Sekiyu and Idemitsu Kosan have reached an agreement to combine their ...

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Gibson: Surge in VLCC Orders amid Attractive Prices

Attractive newbuilding prices have pushed the order count for very large crude carriers (VLCC) to around 30 so far ...

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Report: Samsung Heavy Wins Four More VLCC Orders?

South Korean shipbuilder Samsung Heavy Industries (SHI) has received an order for four more very large crude ...

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BW Confirms VLCC Order at SHI

BW Group is behind the order for four crude carriers at South Korean shipbuilder Samsung Heavy Industries (SHI) ...

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Ten VLCCs Set to Exit Trading Fleet in 2017

With demolition values on the rise and impending environmental regulations that will require costly upgrades to ...

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Two More VLCCs from BW Group Join DHT Holdings

Crude oil tanker company DHT Holdings has taken delivery of two more very large crude carriers (VLCCs) from BW ...

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Hyundai Samho Receives VLCC Order, Attracts New Investment

Greek shipping company Neda Maritime has ordered a 319,000 dwt very large crude carrier (VLCC) from South Korean ...

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BW Group Delivers First VLCC to DHT Holdings

Crude oil tanker company DHT Holdings has taken delivery of DHT Utik, the first of eleven very large crude carriers ...

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VLCC, Suezmax Fleet Sees Less Ton Miles in Q1

The global very large crude carrier (VLCC) and Suezmax fleet completed 4.6% less ton miles during the first quarter ...

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37 Bahri Ships to Fly Saudi Arabia's Flag

National Shipping Company of Saudi Arabia (Bahri) revealed plans to re-flag 32 of its very large crude tankers ...

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Maran Tankers Eyes Three New VLCCs?

Greece-based shipping company Maran Tankers plans to order three very large crude carriers (VLCCs) from South ...

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DHT Holdings to Dispose of Oldest VLCC

As part of its fleet renewal strategy, the crude oil tanker company DHT Holdings has reached an agreement to sell ...

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Report: HHI in Talks for USD 1 Bn Worth of Deals

South Korea’s shipbuilder Hyundai Heavy Industries is in talks to build up to a dozen very large crude ...

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DHT Holdings Sells VLCC Oldie

Crude oil tanker company DHT Holdings has entered into an agreement to sell its oldest very large crude carrier ...

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OFE: Asian VLCC Rates to Continue Falling

Very large crude carrier (VLCC) rates on the AG/Japan route tumbled by nearly w10 points within a day to w60 on ...

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DHT Holdings Locks Financing for VLCC Newbuilds

Crude oil tanker operator DHT Holdings has secured bank financing for the two 318,000 dwt VLCCs newbuildings ...

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Frontline Buys Two VLCC Resales

John Fredriksen-controlled tanker owner and operator Frontline has reached an agreement to buy two very large crude ...

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Enesel Orders VLCC Pair at HHI

South Korean shipbuilder Hyundai Heavy Industries (HHI) has received an order for construction of two 300,000-ton ...

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Crude Tanker Market Hit Hard by OPEC's Cut

The predicted influx of new tonnage, combined with the Organization of the Petroleum Exporting Countries’ ...

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Gallery: 37th VLCC Joins Bahri’s Fleet

The National Shipping Company of Saudi Arabia (Bahri) has taken delivery of Amjad, a 300,000 dwt very large crude ...

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Metrostar Management Sells VLCC Newbuildings

Greek shipowner Metrostar Management has reached an agreement with its compatriot Olympic Shipping and Management ...

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