Maritime news

Monitor breaking maritime news and insights for profitable, efficient and safe shipping.

Tagged in VLCC

DHT orders four large VLCCs

The Company has entered into agreements to build four large VLCCs for delivery between April and December 2026. Two will be constructed at each Hyundai Samho Heavy Industries and Hanwha Ocean (formerly known as Daewoo Shipbuilding & Marine …
Feb 28, 2024 / Vessels

AET celebrates naming of Singapore-flagged LNG dual-fuel VLCC, Eagle Veracruz

AET, a member of the MISC Group, and one of the leading owners and operators of maritime transportation assets and specialized services, celebrates a new milestone with the inaugural naming in Singapore of its latest Singapore-flagged liquefied …
Feb 14, 2024 / Vessels

Japanese Consortium to Develop Design Concepts for Eco-Friendly VLCCs

Idemitsu Tanker Co.,Ltd., IINO Kaiun Kaisha, Ltd. (IINO Lines), Nippon Yusen Kabushiki Kaisha (NYK), and Nihon Shipyard Co., Ltd. has announced the establishment of a consortium on January 26, 2024 to conduct joint research and development of design …
Feb 13, 2024 / Curious

MISC Group Continues Its Growth Agenda, Supporting Energy Security and Transition Initiatives Responsibly and Sustainably

The MISC Group strengthens its position as a progressive maritime conglomerate with the addition of two more assets to its current fleet, FPSO Marechal Duque de Caxias, and Eagle Veracruz, its latest LNG dual-fuel Very Large Crude Carrier (VLCC) via …
Jan 25, 2024 / Curious

Hunter Group ASA – Confirms 3-year charter for second Scrubber-fitted Eco VLCC

Hunter Group confirms that it has entered into a three-year back-to-back charterparty for an eco-design and scrubber fitted Very Large Crude Carrier (VLCC) built in 2016, with an internationally renowned counterparty. Delivery of the Vessel is …
Jan 18, 2024 / Curious

Frontline announces sale of its five oldest VLCCs

Frontline plc (Frontline) (NYSE: FRO – OSE: FRO) on Friday (Jan12) announced that it has entered into an agreement whereby the Company will sell its five oldest VLCCs, built in 2009 and 2010, for an aggregate net sale price of $290 million.  …
Jan 15, 2024 / Curious

Euronav Orders 1 VLCC and 2 Suezmaxes

Euronav NV (NYSE: EURN & Euronext: EURN) (Euronav) announces that it has lifted the option for one more VLCC at Qingdao Beihai (China) and ordered two Suezmaxes at Daehan Shipbuilding (South Korea). Euronav now has three VLCC’s on order at …
Dec 7, 2023 / Curious

Hunter Group ASA – Takes Delivery of Eco Scrubber VLCC

Hunter Group ASA announced on Friday (Dec 01) the delivery of the chartered-in eco scrubber fitted VLCC. The vessel is currently en route from Zhoushan, China to Singapore, ETA approx. December 8. The spot-linked index charter out became effective …
Dec 4, 2023 / Curious

AET Takes Delivery of LNG Dual-Fuel VLCC Eagle Ventura

AET has taken delivery of its second LNG dual-fuel very large crude carrier (VLCC). The Eagle Ventura is the second LNG dual-fuel VLCC delivered for long-term charter to Shell following her sister, the Eagle Vellore. She is the fourth of its kind in …
Oct 31, 2023 / Vessels

Tankers International welcomes new pool partner Kuwait Petroleum Corporation and additional vessel from TRF

Tankers International, the world’s largest shipping pool for VLCCs, has announced today that two VLCCs have joined the VLCC pool, with an additional vessel due imminently. One VLCC, owned and operated by Kuwait Oil Tanker Company (KOTC), a …
Oct 20, 2023 / Curious