Euronav NV (NYSE: EURN & Euronext: EURN) has entered into an agreement for the acquisition of three VLCC newbuilding contracts. The three VLCCs are currently completing construction at the DSME shipyard in
Saudi Arabian tanker giant Bahri has committed to ordering a VLCC from a giant new shipyard being developed in the King Salman Complex for International Maritime Industries and Services at Ras Al-Khair.
JANUARY 25, 2019 — U.S. exports of crude oil have been soaring, reaching more than 2.3 million a barrels a day by October 2018, according to the most recent Energy Information Industry
SEPTEMBER 25, 2018 — Back in July, DHT Holdings, Inc. (NYSE:DHT) reported that it had entered into agreements with Alfa Laval to install exhaust gas as scrubbers, on twelve of its VLCCs.
AUGUST 8, 2018 – McQuilling Services has released its 2018 Mid-Year Tanker Market Outlook Update. McQuilling says that global oil demand is expected to grow 1.5% in 2018 to over 99 million
JULY 30, 2018 – The Port of Corpus Christi, Texas, is moving ahead with plans to handle fully loaded VLCCs carrying U.S. crude oil exports. Last week, the port successfully priced and
JULY 3, 2018 — Tanker operator DHT Holdings, Inc. (NYSE:DHT) has joined the rapidly growing number of shipowners opting to fit scrubbers to a sizable slice of its fleet in preparation for
JUNE 28, 2018 — McQuilling Partners sees signs that supply shortages in Canada could start to impact crude exports from the U.S. McQuilling notes that the latest preliminary weekly estimates from the
DECEMBER 5, 2017 — Euronav NV (NYSE: EURN & Euronext: EURN) has sold the VLCC Flandre (2004 – 305,688 dwt) for $45 million to a global supplier and operator of offshore floating
MAY 7, 2017 — “We did not build this company simply to hand it over to you on the cheap,” the Board of tanker owner DHT Holdings, Inc. (NYSE: DHT) says in