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Tagged in VLCCs

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

Kawasaki Receives Order for Two 309,000 DWT Class, LNG-fueled VLCCs

Kawasaki Heavy Industries, Ltd. has announced that it has concluded a shipbuilding contract with Mitsui O.S.K. Lines, Ltd. for two 309,000 deadweight-ton class, liquefied natural gas (LNG) fueled very large crude oil carriers (VLCCs). The newly …
Sep 9, 2022 / Vessels

MAN Energy Solutions wins order to supply 10 ME-GI dualfuel engines to a series of 10 VLCCs

Dual-fuel engine ordered for series of Very Large Crude CarriersMAN Energy Solutions has won the order to supply 10 × MAN B&W 7G80ME-GI Mk9.5 dual-fuel engines to a series of 10 × 300,000-dwt VLCCs distributed among shipowners, Advantage Tankers …
Mar 24, 2021 / Curious

LNG Proves Compelling For VLCCs

New independent study confirms LNG delivers strong return on investment for VLCCs on the Arabian Gulf to China trade routeSEA\LNG has today released the results of its third investment study, which underlines liquefied natural gas (LNG) as a …
Dec 13, 2019 / Curious

Daewoo Shipbuilding bags US$380 mln order for 3 ships

Daewoo Shipbuilding & Marine Engineering Co., a major shipbuilder in South Korea, said Monday it has secured a US$380 million order from Greece's Angelicoussis Shipping Group to build three vessels. Caption: DSME built LNG carrier Maran Gas …
Dec 9, 2019 / Vessels