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Tagged in crude carriers

Yan Port Marks Arrival Of VLCCs And Emerging As Major Port For STS Transfer Operations

Yan Port has become the first major port in the northern region of the Straits of Malacca to handle two Very Large Crude Carriers (VLCC) inside its port limits. The Hong Kong-registered VLCCs with a length of 333 metres and 330 metres respectively …
Jun 22, 2023 / Curious

Hyundai Heavy wins US$359 million order for 4 crude carriers

Korea Shipbuilding & Offshore Engineering Co. said Tuesday that its shipbuilding unit Hyundai Heavy Industries Co. secured a 420 billion won (US$359 million) deal to build four crude carriers. Caption: A crude carrier built by Hyundai Heavy …
Sep 29, 2020 / Vessels

TEN Ltd Announces Sale of Five Tankers, Three Suezmaxes and Two Handysize Product Carriers

Tsakos Energy Navigation Limited (TEN) (NYSE:TNP) Friday (Mar06) announced the sale of three Suezmax crude carriers, as well as the agreement to sell two product carriers for a total price of $104 million. These sales, in aggregate, will add $47 …
Mar 9, 2020 / 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

Hyundai Heavy unit bags 159 bln-won order for 2 crude carriers

Hyundai Samho Heavy Industries Co. (HSHI), a local shipbuilder, said Tuesday it has won a deal to build two crude carriers for 159 billion won (US$132 million).Under a deal with an unidentified Oceanian customer, Hyundai Samho will build two …
Sep 25, 2019 / Curious

Moda Midstream Announces Ingleside Expansion and Successful Commissioning of VLCC Loading Berth

Liquids terminaling and logistics provider Moda Midstream, LLC (Moda) Friday announced it has successfully commissioned upgrades to Berth 2A at the Moda Ingleside Energy Center (MIEC) in Ingleside, Texas, to enable loading of very large crude …
Jan 28, 2019 / Vessels

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 Oceanian shipper, Daewoo …
Jan 16, 2019 / Vessels