Tanker

Sizeable chunk of the global VLCC orderbook removed Sizeable chunk of the global VLCC orderbook removed
Corvus Energy wins battery contract for world's 1st zero-emission tanker Corvus Energy wins battery contract for world’s 1st zero-emission tanker
MOL scraps 37-year-old LNG carrier MOL scraps 37-year-old LNG carrier
Norden offloads two tankers, adds two bulkers Norden offloads two tankers, adds two bulkers
VLGC spot rates hit five-year high, closing in on $100,000 a day VLGC spot rates hit five-year high, closing in on $100,000 a day
Supramaxes experience radical shift in age profile Supramaxes experience radical shift in age profile
Pankaj Khanna buys Heidmar pool from George Economou Pankaj Khanna buys Heidmar pool from George Economou
Wakashio insurance claims top $37m Wakashio insurance claims top $37m
Cido in for VLCC brace at Hyundai Heavy Cido in for VLCC brace at Hyundai Heavy
MOL orders LNG carrier trio for Arctic LNG 2 charter MOL orders LNG carrier trio for Arctic LNG 2 charter
Spring Marine linked to $14.5m deal for Blue Wake product tanker Spring Marine linked to $14.5m deal for Blue Wake product tanker
Turkish Suezmax tanker detained, sued for $225 mil after contacting platform, USA Turkish Suezmax tanker detained, sued for $225 mil after contacting platform, USA
Saga Tankers rebrands and diversifies into renewable energy Saga Tankers rebrands and diversifies into renewable energy
Stena Bulk involved in onboard carbon capture project Stena Bulk involved in onboard carbon capture project
FSO Nabarima With Severe List Off Venezuela FSO Nabarima With Severe List Off Venezuela
ADNOC enters VLCC sector with acquisition of Hunter pair ADNOC enters VLCC sector with acquisition of Hunter pair
Maritime Comity: the first in a new series for Aurora Tankers Maritime Comity: the first in a new series for Aurora Tankers
Thai Oil identified as buyer of International Seaways VLCC pair Thai Oil identified as buyer of International Seaways VLCC pair
Asahi Tanker confirms orders for electric-powered bunker tankers Asahi Tanker confirms orders for electric-powered bunker tankers
Murmansk Shipping Company declared bankrupt Murmansk Shipping Company declared bankrupt
Tanker Haberleri

Sizeable chunk of the global VLCC orderbook removed

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.

Corvus Energy wins battery contract for world’s 1st zero-emission tanker

Japanese shipbuilder Kawasaki Heavy Industries (KHI) has selected Corvus Energy to supply the energy storage system (ESS) for the world’s first zero-emission electric tanker.

MOL scraps 37-year-old LNG carrier

The Moss type vessel was delivered from Mitsui Ichihara in February 1984, and has sailed nearly 2m nautical miles – the equivalent of going to Mars and back – while completing 733 voyages for the Japanese owner.

Norden offloads two tankers, adds two bulkers

Danish owner and operator Norden continues to shift its exposure from tankers to dry bulk, revealing the sale of two tankers and the acquisition of two bulkers.

VLGC spot rates hit five-year high, closing in on $100,000 a day

Spot rates for VLGCs are on the cusp of hitting $100,000 a day, having hit highs in recent days not seen since August 2015.

Supramaxes experience radical shift in age profile

Of all the dry bulk segments it is the supramax sector that has experienced the most radical changes in age profile over the last two years, according to new analysis by Alphabulk.

Pankaj Khanna buys Heidmar pool from George Economou

Pankaj Khanna, a key lieutenant of George Economou for many years, has bought out the Greek shipping magnate’s tanker pool Heidmar. No price has been revealed for the acquisition of one of the best known brands in the pools business.

Wakashio insurance claims top $37m

The justice minister in Mauritius has given an update on the size of insurance claims across the island in the wake of the grounding of the Wakashio bulk carrier earlier this year.

Cido in for VLCC brace at Hyundai Heavy

Multiple broking reports carry news that Hong Kong-based Korean owner Cido Shipping has placed its first newbuild orders since 2015.

MOL orders LNG carrier trio for Arctic LNG 2 charter

Japanese shipping major Mitsui OSK Lines (MOL) has placed an order at South Korean yard Daewoo Shipbuilding & Marine Engineering (DSME) for the construction of three icebreaking LNG carriers.

Spring Marine linked to $14.5m deal for Blue Wake product tanker

Greek owner Spring Marine Management has been reported by brokers as the buyer of Blue Wake Shipping’s 2010-built MR2 product tanker Carina.

Turkish Suezmax tanker detained, sued for $225 mil after contacting platform, USA

Offshore drilling company Cox Operating LLC, USA, sued Turkish manager of a Suezmax tanker ATINA for an alleged contact with COX’s oil platform, which took place on Oct 17.

Saga Tankers rebrands and diversifies into renewable energy

Oslo-listed Saga Tankers has announced a strategy to diversify its business into renewable energy investments and has changed its name to Saga Pure.

Stena Bulk involved in onboard carbon capture project

Stena Bulk is participating in a novel mobile carbon capture project for shipping. The Swedish tanker giant is working with the Oil and Gas Climate Initiative (OGCI), a voluntary energy major group, on a feasibility study to evaluate the technical and economic challenges involved when capturing carbon dioxide onboard ships while at sea.

FSO Nabarima With Severe List Off Venezuela

An alarming photo is making the rounds on the internet today showing an idled Floating Storage and Offshore (FSO) vessel containing tens of million of gallons of oil with a severe list off the coast of Venezuela, raising fears an environmental disaster.

ADNOC enters VLCC sector with acquisition of Hunter pair

UAE-based Adnoc Logistics and Services, the shipping unit of Abu Dhabi National Oil Company, has acquired two VLCCs from Norwegian owner Hunter Group, marking its entry into the VLCC tanker segment.

Maritime Comity: the first in a new series for Aurora Tankers

Aurora Tankers is the shipping arm of the IMC Industrial Group. The Group’s beginnings go back to 1949 when the business was founded in Hong Kong by the late Tan Sri Frank Tsao, before International Maritime Carriers (IMC) was established in 1966.

Thai Oil identified as buyer of International Seaways VLCC pair

Thai Oil, a subsidiary of Thailand’s energy major PTT Group, has been identified by brokers as the buyer of two VLCCs from International Seaways.

Asahi Tanker confirms orders for electric-powered bunker tankers

Japanese owner Asahi Tanker has confirmed orders at two local yards to build the world’s first two zero-emissions electric bunker tankers.

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