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
Mitsui O.S.K. Lines Introduces Vessel View VR on VLCC Suzukasan

Mitsui O.S.K. Lines Introduces Vessel View VR on VLCC Suzukasan

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) Thursday (Nov 08) announced the introduction of the Vessel View VR, a virtual reality system that allows for virtual visits on the VLCC Suzukasan (delivered on October 12, …
Nov 12, 2018 /  Vessels
Daewoo Shipbuilding & Marine Engineering (DSME) wins $273mln order for 3 VLCCs from Hunter Tankers

Daewoo Shipbuilding & Marine Engineering (DSME) wins $273mln order for 3 VLCCs from Hunter Tankers

Daewoo Shipbuilding & Marine Engineering (DSME) has successfully won a bid for the super-large crude carriers, signalling a green light to achieve its goal this year. DSME said on Nov. 5 that it has won a $273 …
Nov 7, 2018 /  Curious
Kawasaki Heavy Industries delivered 311,000-ton VLCC MAYASAN

Kawasaki Heavy Industries delivered 311,000-ton VLCC MAYASAN

Kawasaki Heavy Industries, Ltd. delivered last Friday (Oct 26) the MAYASAN (Kawasaki hull no. 8030, NACKS hull no. NE248), a very large crude oil carrier (VLCC), to Saber Tanker Corporation. The vessel was delivered …
Nov 2, 2018 /  Vessels
Frontline orders exhaust gas cleaning systems for a further 12 vessels from Feen Marine Scrubbers Inc

Frontline orders exhaust gas cleaning systems for a further 12 vessels from Feen Marine Scrubbers Inc

Frontline Ltd. (Frontline) (NYSE: FRO) yesterday announced that it has ordered exhaust gas cleaning systems (EGCS) for a further 12 vessels from Feen Marine Scrubbers Inc. (FMSI). This follows the Company’s …
Nov 2, 2018 /  Curious
Port of Corpus Christi and The Carlyle Group Agree to Develop Major Crude Oil Export Terminal on Harbor Island

Port of Corpus Christi and The Carlyle Group Agree to Develop Major Crude Oil Export Terminal on Harbor Island

Project would create first onshore location in the U.S. Gulf capable of servicing fully-laden Very Large Crude Carriers Contemplated venture creates a new Partnership where both the Port of Corpus Christi and Carlyle …
Oct 30, 2018 /  Curious
Hanjin successfully delivers another locally-made VLCC

Hanjin successfully delivers another locally-made VLCC

Hanjin Heavy Industries & Construction-Philippines Inc. (HHIC-Phil Inc.) marked another milestone when it held a delivery signing event for a 300,000 DWT class Very Large Crude Oil Carrier (VLCC) manufactured at its …
Oct 11, 2018 /  Vessels