Evangelos Marinakis led Capital Ship Management Corp. has take delivery of the Liberian-flagged M/T Alterego, the second of two ammonia-ready and LNG- fuel ready sister VLCCs. Built by the Hyundai Samho Heavy
By Matthew Smith, Senior Vice President Commercial and Operations at Tankers International Shipping’s role in the global supply chain is increasingly under the spotlight when it comes to ESG. Today, most large
John Fredriksen controlled Frontline Ltd. (NYSE and OSE: FRO) reports that it has entered into an agreement for the resale acquisition of six latest-generation ECO-type VLCC newbuilding contracts. The six VLCCs are
In a recent “Green Tankers towards 2050” industry webinar, classification society DNV GL and South Korea’s HHI Group, the world’s largest shipbuilder, presented the results of new joint research on the development
DNV GL has granted South Korean shipbuilder Hyundai Heavy Industries (HHI) a general approval for ship application (GASA) for a new concept for very large crude carriers (VLCCs) with a centerline oil-tight
Two Texas neighbors, the Port of Corpus Christi and the City of Port Aransas, have reached an agreement on the future development of Harbor Island. They say the agreement “amicably resolves all
Two major South Koreans shipyards reported significant orders today, according to Yonhap news agency reports. Hyundai Heavy Industry Group disclosed that it has signed a $178 million contract to build two 300,000
Marking another step forward in Chinese efforts to reduce shipping emissions, one of two 307,000 dwt VLCCs ordered yesterday by Hong Kong headquartered China Merchants Group will have an air-lubricated hull and
Antwerp, Belgium, headquartered Euronav NV (NYSE: EURN) reports that it has sold the 2005-built VLCC TI Hellas for $38.1 million. A capital gain on the sale of approximately $1.6 million will be
New York City headquartered International Seaways, Inc. (NYSE: INSW), one of the world’s largest tanker operators, reported net income for the first quarter of $33.0 million, compared to a net income of
