DHT secures $50 million financing for scrubber retrofits

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.

McQuilling releases 2018 mid-year tanker outlook update

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

Corpus Christi gears up for VLCC exports of U.S. crude

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

DHT Holdings will install scrubbers on 12 VLCCs

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

McQuilling: Canadian supply shortages could hit U.S. crude exports

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

Euronav sells its oldest VLCC for FPSO conversion

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

DHT say no to latest Frontline approach

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

Strong crude exports from North Sea, GOM

APRIL 19, 2017—While overall seaborne demand for Very Large Crude Carriers (VLCC) and Suezmax tankers was down 4.6% in the first quarter of this year as compared with the previous quarter, there

Hyundai Merchant and DSME sign LOI for VLCC series

APRIL 10, 2017 — A KRW 2.6 trillion ($2.28 billion) Korean government program to revive the domestic shipbuilding industry has resulted in Hyundai Merchant Marine (HMM) signing a letter of intent (LOI)

TMC compressors picked for newbuild VLCC duo

APRIL 3, 2017 — Oslo, Norway, headquartered TMC Compressors (TMC) is to supply complete marine compressed air systems for two VLCCs currently under construction for Singapore-based BW Tankers, a subsidiary of the