Värde and Landbridge Announce Sale and Lease Back of VLCC

Värde and Landbridge Announce Sale and Lease Back of VLCC

Värde Partners, a leading global alternative investment firm, and Landbridge VLCC International (Landbridge), a Hong Kong-based subsidiary of Chinese industrial company Landbridge Group, yesterday announced a sale …
May 9, 2019 /  Vessels
Ocean Yield takes delivery of VLCC Nissos Rhenia

Ocean Yield takes delivery of VLCC Nissos Rhenia

Ocean Yield ASA announced on Friday (May 03) that it has taken delivery of the VLCC Nissos Rhenia. The vessel was delivered from the yard Hyundai Heavy Industries in South Korea and is the first in a series of four VLCCs …
May 7, 2019 /  Vessels
MOL Takes Delivery of Very Large Crude Carrier PHOENIX JAMNAGAR

MOL Takes Delivery of Very Large Crude Carrier PHOENIX JAMNAGAR

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) yesterday announced, the delivery of a Very Large Crude Carrier (VLCC), Phoenix Jamnagar on April 24, which was built at Japan Marine United Corporation (JMU) Ariake works and will …
Apr 25, 2019 /  Vessels
MOL to Install AR Navigation System on 21 VLCCs (Video)

MOL to Install AR Navigation System on 21 VLCCs (Video)

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) today announced its intention to install a navigation system using augmented reality (AR) technology jointly developed by Furuno Electric Co., Ltd. and MOL Techno-Trade, Ltd. on 21 …
Apr 22, 2019 /  Vessels
Republic of the Marshall Islands Maritime Administrator Releases the STELLAR DAISY Marine Casualty Investigation Report

Republic of the Marshall Islands Maritime Administrator Releases the STELLAR DAISY Marine Casualty Investigation Report

The Republic of the Marshall Islands (RMI) Maritime Administrator has completed its Marine Casualty Investigation Report into the loss of the very large ore carrier (VLOC) STELLAR DAISY. The STELLAR DAISY, with a crew …
Apr 22, 2019 /  Accidents
Navios Maritime Acquisition Corporation Announces the Sale of One VLCC for $21.75 million

Navios Maritime Acquisition Corporation Announces the Sale of One VLCC for $21.75 million

Navios Maritime Acquisition Corporation (Navios Acquisition) (NYSE: NNA), an owner and operator of tanker vessels, announced yesterday that is has sold the oldest vessel of its fleet, the C. Dream, a 2000-bult VLCC for …
Apr 2, 2019 /  Vessels
UPDATE: LNG Carrier Aseem Collides with VLCC Shinyo Ocean off Fujairah (VIDEO)

UPDATE: LNG Carrier Aseem Collides with VLCC Shinyo Ocean off Fujairah (VIDEO)

Maltese-flagged LNG tanker, ASEEM collided with the anchored Hong Kong-flagged VLCC tanker SHINYO OCEAN in the evening of March the 24th at Fujairah Anchorage, UAE. Related news: LNG Carrier Aseem Collides with VLCC …
Mar 26, 2019 /  Accidents
LNG Carrier Aseem Collides with VLCC Shinyo Ocean off Fujairah

LNG Carrier Aseem Collides with VLCC Shinyo Ocean off Fujairah

Maltese-flagged LNG tanker, ASEEM collided with the anchored Hong Kong-flagged VLCC tanker SHINYO OCEAN in the evening of March the 24th at Fujairah Anchorage, UAE. The incident occurred at approximately 20:05 UTC on …
Mar 26, 2019 /  Accidents
Nakilat-Keppel Offshore & Marine (N-KOM) successfully completes its first FSRU project

Nakilat-Keppel Offshore & Marine (N-KOM) successfully completes its first FSRU project

Nakilat-Keppel Offshore & Marine (N-KOM) has successfully completed its first floating storage regasification unit (FSRU) project for the 138,000cbm FSRU Excelerate owned by Excelerate Energy (USA). During its …
Mar 25, 2019 /  Vessels
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