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Tanker Rates Surge after Bahri’s Surprising Charters
Daily freight rates for Very Large Crude Carriers skyrocketing.
read more →Euronav Buying 4th Scrubber-Fitted VLCC Newbuild
Euronav has entered into an agreement for the acquisition of one VLCC newbuilding contract through a resale.
read more →Ocean Yield Wins Arbitration Case against Okeanis
Ocean Yield wins arbitration case against Okeanis ECO Tankers.
read more →Hunter Nets USD 220 Mln Loan to Finance VLCC Newbuilds
Hunter Tankers AS secures USD 220 million loan facility.
read more →Coronavirus Outbreak: VLCCs Hit the Hardest
The daily cost of hiring a VLCC for 12 months has fallen by over 20% in the last month.
read more →Euronav Buys VLCC Resale Trio
Euronav NV is to acquire via resale three very large crude carrier (VLCC) newbuilds.
read more →SFL Offloads VLCC, Terminates Charter with Frontline
SFL Corporation has sold and delivered Front Hakata, a 2002-built very large crude carrier.
read more →Wärtsilä Scrubber Wins Type Approval in China
Wärtsilä’s exhaust gas cleaning system has received a Type Approval from the China Classification Society (CCS).
read more →Euronav Concludes Sale, Leaseback Deal for VLCC Trio
Euronav entered into a sale and leaseback agreement for three very large crude carriers.
read more →Hyundai Samho Gets USD 280 Mn Orders for Two Ships
Hyundai Samho Heavy Industries receives two new orders that have a combined worth of USD 280.2 million.
read more →Hyundai Heavy Industries Clinches Deals for 6 New Ships
Hyundai Heavy Industries (HHI) Group has secured two new orders for a total of six vessels.
read more →ABS, DSME Ink Digitalization and Decarbonization JDP
ABS and DSME sign a JDP agreement to explore decarbonization, digitalization strategies for VLCC, ULCS ships.
read more →Enterprise Teams Up with Enbridge on SPOT Development
Enterprise and Enbridge Inc. to jointly develop a deepwater crude oil terminal in the Gulf of Mexico.
read more →DSME Nets Order for USD 380 Mn Trio
DSME has won an order for the construction of three new ships, one LNG carrier and two VLCCs.
read more →Advantage Tankers Buys VLCC Pair from CMES
Advantage Tankers buys two very large crude carriers.
read more →Norsepower, SWS Wrap Up Energy-Efficient VLCC Project
Norsepower completes a joint project with SWS for the development of a dual-fuel VLCC design.
read more →CMES Seals Order for USD 331.8 Mn VLCC Quartet
CMES orders four new-generation very large crude carriers.
read more →CMES Prepares to Order VLCC Quartet
The company said it would pay no more than USD 85 million per ship.
read more →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.
read more →Third New VLCC Handed Over to Hunter Tankers
Hunter Group's third new VLCC was subsequently delivered it to its new Far Eastern owner.
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