Connecting gears of the energy transition

The energy transition is one of the greatest challenges of our time

Euronav Buying 4th Scrubber-Fitted VLCC Newbuild

Acquitane

Euronav has entered into an agreement for the acquisition of one VLCC newbuilding contract through a resale. 

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Ocean Yield Wins Arbitration Case against Okeanis

Gavel

Ocean Yield wins arbitration case against Okeanis ECO Tankers.

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Hunter Nets USD 220 Mln Loan to Finance VLCC Newbuilds

Money

Hunter Tankers AS secures USD 220 million loan facility.

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Coronavirus Outbreak: VLCCs Hit the Hardest

Tanker

The daily cost of hiring a VLCC for 12 months has fallen by over 20% in the last month.

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Euronav Buys VLCC Resale Trio

Euronav

Euronav NV is to acquire via resale three very large crude carrier (VLCC) newbuilds.

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SFL Offloads VLCC, Terminates Charter with Frontline

VLCC

SFL Corporation has sold and delivered Front Hakata, a 2002-built very large crude carrier.

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Wärtsilä Scrubber Wins Type Approval in China

VLCC

Wärtsilä’s exhaust gas cleaning system has received a Type Approval from the China Classification Society (CCS).

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Euronav Concludes Sale, Leaseback Deal for VLCC Trio

Euronav

Euronav entered into a sale and leaseback agreement for three very large crude carriers.

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Hyundai Samho Gets USD 280 Mn Orders for Two Ships

VLCC

Hyundai Samho Heavy Industries receives two new orders that have a combined worth of USD 280.2 million.

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Hyundai Heavy Industries Clinches Deals for 6 New Ships

Containership

Hyundai Heavy Industries (HHI) Group has secured two new orders for a total of six vessels. 

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ABS, DSME Ink Digitalization and Decarbonization JDP

ABS

ABS and DSME sign a JDP agreement to explore decarbonization, digitalization strategies for VLCC, ULCS ships.

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Enterprise Teams Up with Enbridge on SPOT Development

tanker

Enterprise and Enbridge Inc. to jointly develop a deepwater crude oil terminal in the Gulf of Mexico.

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DSME Nets Order for USD 380 Mn Trio

LNG Carrier

DSME has won an order for the construction of three new ships, one LNG carrier and two VLCCs.

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Advantage Tankers Buys VLCC Pair from CMES

VLCC

Advantage Tankers buys two very large crude carriers.

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Norsepower, SWS Wrap Up Energy-Efficient VLCC Project

Norsepower

Norsepower completes a joint project with SWS for the development of a dual-fuel VLCC design.

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CMES Seals Order for USD 331.8 Mn VLCC Quartet

VLCC CMES

CMES orders four new-generation very large crude carriers.

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CMES Prepares to Order VLCC Quartet

The company said it would pay no more than USD 85 million per ship.

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Navios Acquisition Confirms VLCC Sale, Inks Charter Deals

The company sold the 2002-built VLCC Nave Electron for a price of USD 25.3 million.

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Third New VLCC Handed Over to Hunter Tankers

Tanker

Hunter Group's third new VLCC was subsequently delivered it to its new Far Eastern owner.

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Tanker Rate Surge Drives Record ClarkSea Index Spike

VLCC Market

VLCC rates reached USD 307,888/day last week.

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Kyoei Tanker Orders Another VLCC from Namura Shipbuilding

Kyoei Tanker

This is the third VLCC Kyoei Tanker has ordered from Namura.

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