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Removing 10 VLCCs from the global orderbook is significant. Prior to Hyundai Heavy’s news yesterday, Alphatanker data showed there were just 86 VLCCs on order around the world.
Multiple broking reports carry news that Hong Kong-based Korean owner Cido Shipping has placed its first newbuild orders since 2015.
Hyundai Heavy Industries has completed the construction of a 14,800 TEU LNG-fueled very large containership.