Potential War with Iran to Be Negative for Most Ship Types

Shipping

Wider conflict with Iran would be negative for most types of ships and for the oil markets in general.

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China Unveils World's 1st Smart Oil Tanker

Tanker

China has launched the world's first intelligent crude carrier at the Dalian Shipbuilding Industry.

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Oman Shipping Places Order for Three VLCCs at DSME

Tanker

The company already secured long-term contracts with oil majors for all three 300,000 dwt ships.

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Frontline Acquires VLCC Resale, Orders LR2 Duo

Tanker

Company acquired a scrubber-fitted VLCC resale from HSHI and ordered two LR2 newbuildings in China.

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Hunter Inks Deal to Sell One VLCC

Hunter Group

The vessel would be sold for USD 98 million.

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Ocean Yield Accepts Delivery of Another VLCC Newbuild

tanker

The VLCC commenced a fifteen-year bareboat charter to Greece-based Okeanis Eco Tankers.

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HHI Cleared to Offer LNG-Fueled VLCC with Rotor Sails

Hyundai Heavy Industries Eco Tanker

The VLCC would reach 5-7% in fuel savings with the rotor sails.

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Hunter Group in Talks to Sell Two VLCC Newbuildings

Tanker

Hunter Group in advanced discussions on the sale of two VLCC newbuildings.

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New VLCC with 15-Year Charter Joins Ocean Yield

Tanker

Ocean Yield takes delivery of a new VLCC with a 15-year bareboat charter to Okeanis Eco Tankers.

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MOL Takes Delivery of New Malacca Max VLCC

Very large crude carrier (VLCC) Phoenix Jamnagar

MOL took delivery of the very large crude carrier Phoenix Jamnagar on April 24.

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MOL Turns to Augmented Reality for VLCC Navigation Systems

MOL AR Navigation System

The system was previously tested on two MOL vessels.

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LNG Carrier Collides with VLCC off Fujairah

tanker

An LNG carrier has been involved in a collision with a VLCC off Fujairah.

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Sentinel Proposing Texas VLCC Crude Export Terminal

Texas GulfLink

The proposed Texas GulfLink deepwater crude oil export terminal will be capable of loading VLCC vessels.

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Hyundai Heavy Nabs VLCC Trio

Hyundai Heavy

Hyundai Heavy Industries Group is off to a great start since the beginning of 2019 as new orders keep piling up.

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HMM Names New VLCC Universal Leader at DSME

VLCC Universal Leader

HMM named its new VLCC Universal Leader at the DSME Okpo yard on January 29.

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Moda Midstream Commissions VLCC Loading Berth in Texas

tanker

Moda commissions upgrades to Berth 2A at the MIEC in Ingleside, Texas, to enable loading of VLCCs.

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Hunter Group Further Delays Decision on VLCC Trio Order

Tanker

Hunter Group has decided to further push the options for three very large crude carriers at DSME.

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DMSE Nabs Order for Crude Oil Carrier Quartet

DSME

DMSE has started the year on a high note having won a deal to build four VLCCs.

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A Quarter of 2018 Tanker Deliveries Slipped into Next Year

Tanker

2018 saw strong demolition and low ordering activity. What does 2019 have in store?

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Gibson: 70+ VLCCs Poised for Delivery in 2019

VLCC

Over 70 newbuild very large crude carriers (VLCCs) are scheduled for delivery next year.

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Poten: Repositioning the Empties

tanker

A lot of “empties” have to be repositioned from the Pacific to the Atlantic.

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