DHT renews fleet with scrubber-fitted, eco-design duo

DHT Holdings, Inc. has entered into an agreement to acquire two very large crude carriers (VLCCs) built in 2016 at Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) for a total of $136 million. The vessels are scheduled to deliver … Read More

DSME inks LoI for 10 LNG-powered VLCCs

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has signed a Letter of Intent (LoI) to build 10 LNG-powered very large crude carriers (VLCCs) for an undisclosed European client, Business Korea reported citing the shipyard. If the contract for … Read More

DSME wins $260 million order for 3 VLCCs from ADNOC

Abu Dhabi National Oil Company (ADNOC) has placed an order for three very large crude carriers (VLCCs) with South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering. The contract is worth KRW 282 billion ($ 260 million), according to the shipbuilder. The VLCC … Read More

BIMCO: Sale of 25-year-old VLCC ends 512 days demolition drought

The sale of an almost 25-year-old crude oil tanker marks the end of the 4th longest streak of zero VLCC demolitions in history, lasting 512 days, BIMCO said. The 300,500 dwt VLCC named Sam (formerly Zoya 1) experienced a fire … Read More

DNV GL grants general approval to HHI for a centreline oil-tight longitudinal bulkhead

Classification society DNV GL has presented South Korean shipbuilder Hyundai Heavy Industries (HHI) with a general approval for ship application (GASA) for a new concept of very large crude carriers (VLCCs) with a centreline oil-tight longitudinal bulkhead. As explained, the … Read More