Using VesselsValue data, Rebecca Galanopoulos Jones, Senior Content Analyst, explores the trends in the Tanker markets. You can read the full piece here. “Two VLCC orders were placed by Dynacom Tankers…
Updated app will provide indicative CII rating and score for every voyage fixed based on Tankers International’s world-leading VLCC market data. London, 6th February 2023 – Tankers International, the world’s leading shipping pool…
Τhe first of two ammonia and LNG fuel ready sister ships to be delivered in 2022. Athens, Greece, August 9, 2022. Capital Ship Management Corp. took successful delivery recently of the…
Seoul, 23 June 2022: Korea Shipbuilding & Offshore Engineering (KSOE) and its subsidiary Hyundai Heavy Industries (HHI) have received an Approval in Principle (AiP) from DNV for their newly developed…
A Winter Write Up on the VLCC and LNG markets A Winter Write Up on the VLCC and LNG Markets Using VesselsValue data, George Delaney, Cargo Analyst, has analysed the…
BIMCO’s Shipping Number of the Week Sale of 25-year-old VLCC ends 512 days demolition draught The sale of Sam (formerly Zoya 1), an almost 25-year-old 300,500 DWT crude oil tanker,…
BIMCO’s Shipping Number Of the Week: 500 days since last VLCC demolition sale On Monday 2 November – it will be 500 days since the last VLCC left active service when…
DNV GL awards GASA to HHI for a centreline oil-tight longitudinal bulkhead Seoul, 3rd September 2020: DNV GL has presented Hyundai Heavy Industries (HHI) with a general approval for ship…
BIMCO June Outlook: Tanker shipping: sky high freight rates replaced by reality of falling global oil demand BIMCO June Outlook: Tanker shipping: sky high freight rates replaced by reality of…
AET and TOTAL agree Time Charter for two LNG dual-fuel VLCCs 7 April 2020, Singapore – AET, a leading energy logistics provider, announced today an agreement with Chartering and Shipping Services…
Approval in Principle for LNG dual-fuelled VLCC design Lloyd’s Register has issued CMES, CNOOC, DSIC and GTT with an Approval in Principle (AiP) for the development of the first efficient…
Shipping number of the week: Most VLCCs delivered in 40 years The Very Large Crude Carrier (VLCC) fleet has grown at a staggering rate of 8% year to date in…
Tokyo – ClassNK Archive Center (NKAC) has stored the first Ship Construction Files (SCF) complying with IMO Global Based Standards (GBS) for the NACKS-built 311,000 DWT VLCC delivered on 26…
Kawasaki Kisen Kaisha, Ltd., Tokyo, (hereafter called “K” Line) is proud to announce the delivery of “KISOGAWA,” a 311,000 DWT-type VLCC at Nantong Cosco KHI Ship Engineering Co., Ltd (hereafter…
After October’s improvements to VLCC spot rates and TC rates in other sectors, OPEC strategy and the protectionist threat loom over the market London, November 22, 2016. Maritime Strategies International (MSI),…
Kawasaki Kisen Kaisha, Ltd. (“K” Line) and “K” Line Pte Ltd. (KLPL), have signed the ship building contracts for three next generation VLCCs and two AFRAMAX tankers in line with…
MSI’s proprietary tanker market model predicts firm earnings scenario in first half of next year before weight of fleet growth starts to suppress rates London, December 15, 2015. The latest Tanker…
VesselsValue’s “Fixed Age Analysis” (pictured below) shows current values (yellow) Vs the historical distribution (grey bands) Vs the historical median (black) for different ages of VLCC’s. As can be seen,…
VesselsValue has put together a little infographic looking at the laden VLCCs owned by Iran. As it stands Iran is…
The ‘Clear Advantage’ tanker design series reduces ballast requirements by 40%. Ready to be built, the designs combine operational and environmental performance improvements Dalian Shipbuilding Industry China (DSIC), Dalian Ocean…
Korean Register (KR) – an IACS member class society – has facilitated the successful conversion of the Madison Orca, a 320, 000 dwt Ore-Bulk-Oil (OBO) carrier to a VLCC in a…
Wednesday 10 September 2014 Generating 300, 000 valuations a year and rising. Email not displaying correctly? View it in your browser. In this week’s Trumpet: VV in the press: TST…
Geoje – Mr. Noboru Ueda, Chairman and President of ClassNK attended the delivery ceremony for the M/T Al Yarmouk, constructed at Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) and…
ANTWERP, Belgium, 1 July 2014 – With reference to the press release of 5 January 2014 in which Euronav NV (NYSE EURONEXT BRUSSELS: EURN) announced the acquisition of fifteen (15)…
2013 Audited Financial Results (Year to 31 December) Despite another challenging year for the international tanker industry Sovcomflot maintains operational profitability and makes good progress with strategy implementation to develop…