China’s Hengli Shipbuilding has received four VLCC newbuilding contracts worth up to $600m. The Dalian-based shipyard did not ...

Frontline plc recently acquired 24 VLCCs from Euronav in a complex deal, increasing its fleet capacity by 57%. The acquired vessels are young and eco-friendly, with 9 out of 24 equipped with scrubbers ...

Softening VLCC forward freight agreement levels could be signalling a weaker end to the year for the segment, Signal Ocean said.

Teekay Tankers boasts a strong balance sheet with minimal debt and competitive daily operating expenses and breakeven cash flow. TNK trades at 1.9 EV/Sales and 2.9 EV/EBITDA, which is dirt cheap for a ...

Image of the design concept for eco-friendly VLCC. Image courtesy NYK Image of the Vessel’s CO2 emissions reduction. Image courtesy NYK To provide power while sailing, the vessel will be equipped with ...

On April 4, NYK concluded a contract for the construction and charter of a very large crude oil carrier (VLCC) equipped with a dual-fuel methanol main engine, a first for the NYK VLCC fleet. The ...

ATHENS, Greece, Nov. 22, 2023 (GLOBE NEWSWIRE) -- TOP Ships Inc. (NASDAQ: TOPS) (the “Company”), an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today ...

SINGAPORE (Reuters) - Unipec, the trading arm of China's state-owned Sinopec, is shipping its first very large crude carrier (VLCC) of diesel from China to Europe, two sources close to the matter said ...