Ecochlor Announces BWMS Retrofit Contract with Alaskan Tanker Company

Ecochlor Announces BWMS Retrofit Contract with Alaskan Tanker Company

Alaskan Tanker Company (ATC) will retrofit the Ecochlor®ballast water management system (BWMS) on board their fleet including three VLCC crude oil tankers and an option for one additional vessel. Each of these …
Feb 18, 2019 /  Vessels
Sentinel Midstream Announces New Deepwater Crude Oil Export Facility

Sentinel Midstream Announces New Deepwater Crude Oil Export Facility

Sentinel Midstream has announced its planned development of Texas GulfLink, a proposed Deepwater Crude Oil Export Terminal, located near Freeport, Texas. The completed facility will be capable of fully loading Very Large …
Feb 13, 2019 /  Curious
Hyundai Heavy wins US$286mln order for the construction of three very large oil carriers

Hyundai Heavy wins US$286mln order for the construction of three very large oil carriers

Hyundai Heavy Industries Co., the world's top shipbuilder by sales, said Wednesday that it has clinched a 320 billion won (US$286 million) deal to build three very large crude carriers (VLCCs). Caption: A very large …
Jan 30, 2019 /  Curious
Hyundai Merchant Marine Names New VLCC Universal Leader

Hyundai Merchant Marine Names New VLCC Universal Leader

On January 29, 2019. HMM held a naming ceremony for a 300,000 dwt Very Large Crude Oil Carrier (VLCC), the ‘Universal Leader’, at the Daewoo Shipbuilding & Marine Engineering (DSME)’s Okpo shipyard …
Jan 29, 2019 /  Vessels
Moda Midstream Announces Ingleside Expansion and Successful Commissioning of VLCC Loading Berth

Moda Midstream Announces Ingleside Expansion and Successful Commissioning of VLCC Loading Berth

Liquids terminaling and logistics provider Moda Midstream, LLC (Moda) Friday announced it has successfully commissioned upgrades to Berth 2A at the Moda Ingleside Energy Center (MIEC) in Ingleside, Texas, to enable …
Jan 28, 2019 /  Vessels
Daewoo Shipbuilding, Hyundai Heavy win string of crude carrier orders

Daewoo Shipbuilding, Hyundai Heavy win string of crude carrier orders

South Korea’s major shipbuilders have started the year on a buoyant note, winning new orders at a strong clip. Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Friday it has bagged a 210 billion won …
Jan 18, 2019 /  Curious
Daewoo Shipbuilding wins US$365mln order for the construction of four VLCCs

Daewoo Shipbuilding wins US$365mln order for the construction of four VLCCs

Daewoo Shipbuilding & Marine Engineering Co., a major shipyard here, said Monday that it has clinched a 410-billion won (US$365 million) deal to build four very large crude carriers (VLCCs). Under the deal with an …
Jan 16, 2019 /  Vessels
Ship Finance International announces $270Mln lease financing for three 10,600 TEU container vessels and delivery of Front Falcon

Ship Finance International announces $270Mln lease financing for three 10,600 TEU container vessels and delivery of Front Falcon

Ship Finance International Limited (NYSE: SFL) (Ship Finance) announces that it has entered into lease financing agreements (each, a "Lease Financing") totaling $270 million with an Asian-based institution to finance …
Dec 19, 2018 /  Vessels
Bumi Armada Sells VLCC Armada Ulysses

Bumi Armada Sells VLCC Armada Ulysses

Malaysia-based Bumi Armada has reached an agreement to dispose of a very large crude carrier (VLCC), according to data provided in the company’s third quarter of 2018 financial report. The vessel in question is …
Nov 23, 2018 /  Vessels
Ship Finance International Limited announces sale of older VLCC

Ship Finance International Limited announces sale of older VLCC

Ship Finance International Limited (NYSE: SFL) (Ship Finance) announces that it has agreed to sell the 2002-built VLCC Front Falcon to an unrelated third party. Caption: Crude Oil Tanker Front Falcon - Image …
Nov 19, 2018 /  Vessels