Ocean Yield ASA announces delivery of VLCC newbuilding with 15-year charter

Ocean Yield ASA announces delivery of VLCC newbuilding with 15-year charter

Ocean Yield ASA announced earlier today that it has taken delivery of the VLCC Nissos Santorini today.  Image for illustrative purposes only - Photo credits: Okeanis Eco Tankers   The vessel was …
Jul 5, 2019 /  Vessels
VLCC Grace 1, oil cargo seized for breaching EU sanctions on Syria: Gibraltar govt

VLCC Grace 1, oil cargo seized for breaching EU sanctions on Syria: Gibraltar govt

Panama-flagged VLCC Grace-1, carrying crude oil to Syria, was detained along with its cargo early Thursday by Gibraltar Port and Law Enforcement agencies, assisted by a detachment of the Royal Marines, the chief minister …
Jul 5, 2019 /  Curious
Bahri Signs MoU With International Maritime Industries And Hyundai Heavy Industries For Building Of New VLCCs

Bahri Signs MoU With International Maritime Industries And Hyundai Heavy Industries For Building Of New VLCCs

Bahri, a global leader in logistics and transportation, announces the signing of a Memorandum of Understanding (MoU) with International Maritime Industries (IMI) and Hyundai Heavy Industries (HHI) to build new Very Large …
Jul 4, 2019 /  Vessels
World's first smart VLCC delivered in China (VIDEO)

World's first smart VLCC delivered in China (VIDEO)

An oil carrier the size of nearly three football fields has been delivered to its new owner in northeast China. It is the first “smart” carrier in the world, and has a loading capacity of 308,000 tons. The …
Jun 27, 2019 /  Vessels
Oman Shipping Orders three VLCCs at DSME

Oman Shipping Orders three VLCCs at DSME

Oman Shipping Company (OSC), a member of the ASYAD Group, has signed an agreement for the construction of three very large crude carriers (VLCCs) with South Korea’s Daewoo Shipbuilding & Marine Engineering …
Jun 27, 2019 /  Curious
Frontline Announces Acquisition of VLCC Resale and Two LR2 Newbuildings

Frontline Announces Acquisition of VLCC Resale and Two LR2 Newbuildings

Frontline Ltd. (Frontline) (NYSE:FRO) announced yesterday that it has acquired a scrubber-equipped VLCC resale under construction at Hyundai Samho Heavy Industries (HSHI) expected to be delivered in May 2020 and has …
Jun 20, 2019 /  Curious
Ocean Yield announces delivery of VLCC newbuilding with 15-year charter

Ocean Yield announces delivery of VLCC newbuilding with 15-year charter

Ocean Yield ASA announced earlier today that it has taken delivery of the VLCC Nissos Despotiko. Caption: Crude Oil Tanker Nissos Therassia - Image courtesy of Cengiz Tokgöz (For illustrative purposes …
Jun 10, 2019 /  Vessels
HHI receives approval for VLCC 'eco-tanker' design

HHI receives approval for VLCC 'eco-tanker' design

LR presented AiP to HHI in a ceremony at Nor-Shipping 2019, taking place this week in Oslo, Norway LR has presented HHI (Hyundai Heavy Industries Co. Ltd) with approval in principle (AiP) for a Very Large Crude Carrier …
Jun 5, 2019 /  Vessels
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