VLCC
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Shipbuilding
NYK Concludes Contract for Construction and Charter of Dual-fuel Methanol VLCC
On April 4th, NYK Line announced a significant advancement in maritime sustainability by finalizing a contract for the construction and…
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Shipbuilding
Marinakis readies $1.6bn boxship series in South Korea
Evangelos Marinakis, the Greek shipping magnate, is embarking on a significant expansion in the maritime sector with plans for new…
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Shipbuilding
The market impact of an ageing VLCC fleet
The Very Large Crude Carrier (VLCC) market is undergoing significant transformations as the global fleet expands while older vessels struggle…
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IMO
Japanese Consortium Unveils Design For Eco-Friendly VLCC Powered By Methanol
Japan’s New Eco-Friendly Ship Design Promises Cleaner Shipping Idemitsu Tanker, IINO Lines, NYK, and Nihon Shipyard have teamed up to…
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News
S&P markets offering asset players ‘mouth-watering’ returns
This year might see a record in ships changing hands, with owners paying huge sums for secondhand vessels. Dry bulk…
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Class Rules
BV, Hanwha Ocean, and Naftomar collaborate to develop vessels with an ammonia fuel prepared design
Bureau Veritas (BV), a world leader in testing, inspection and certification, has partnered with Hanwha Ocean, a leading global shipbuilding company,…
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News
LR and Guangzhou Shipyard International partner for 4th generation VLCC design project
Lloyd’s Register (LR) and Guangzhou Shipyard International (GSI) have signed a joint development project for a 4th generation Very Large…
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Decarbonization
NYK Begins First Long-Term Biofuel Test Run on Large Crude Oil Tanker
Nippon Yusen Kabushiki Kaisha (NYK) has initiated a long-term biofuel test on its very large crude oil tanker (VLCC) Tenjun.…
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Decarbonization
World’s First Methanol-Fuelled Engine Ordered for VLCC Segment
China Merchants Energy Shipping (CMES), the Shanghai-listed shipping giant and daughter company of China Merchants Heavy Industry (CMHI), has ordered…
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News
VLCC Tonne days growth from AG to China has decreased to the lowest level since the end of 2022
During the first week of October, the VLCC MEG China rates experienced a downward revision, amid hopes of a recovery.…
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