Euronav buys Maersk VLCCs for $980 million
JANUARY 5, 2013 — Antwerp, Belgium, headquartered tanker giant Euronav reports it has entered into a contract to acquire fifteen Very Large Crude Carriers (VLCC) from Maersk Tankers Singapore Pte Ltd for
VLCC
Nobu no go to be FPSO
JANUARY 2, 2014 — A 320,000 dwt tanker originally built to be the H. Elephant for Nobu Su’s troubled TMT now looks set for conversion to an FPSO without ever having carried
Euronav: Best VLCC eco-gains from retrofits, not newbuilds
OCTOBER 16, 2013 — Antwerp, Belgium, headquartered tanker giant Euronav (NYSE: EURN) reported a third quarter loss of $29 million, taking its year to date losses to $47 million. It says that
Armed security team repels Somali pirate attack on VLCC
OCTOBER 14, 2013 — With the movie “Captain Phillips” packing theaters, here comes another reminder that the threat posed by Somali pirates remains very real. EU Naval Force confirms that on Friday
Second Gulf Navigation VLCC arrested
OCTOBER 7, 2013 — Dubai-based tanker operator Gulf Navigation Holdings continues to face problems with its two VLCCs, Gulf Sheba and Gulf Eyadh. As we reported last month, the company is planning
Turbocharger retrofit yields slow steaming fuel savings
OCTOBER 2, 2013 — To reduce fuel consumption during slow steaming, a 318,000 dwt Maersk Tankers VLCC has been retrofitted with Variable Turbine Inlet system (VTI) turbochargers. Cross-section view of VTI turbocharger
Gulf Navigation to sell its VLCCs
SEPTEMBER 23, 2013 — Dubai-based tanker operator Gulf Navigation Holdings, which posted a $40.3 million annual loss last year, plans to shed its two VLCCs, Gulf Sheba and Gulf Eyadah. On September
VLCC design cuts ballast water weight by 65 percent
MARCH 6, 2013 — Classification society ClassNK has granted AIP (Approval in Principle) to a tanker design that reduces the weight of ballast water required by about 65 percent compared with a
Shipboard carbon capture concept unveiled
FEBRUARY 12, 2013 — Classification society DNV and Process Systems Enterprise Ltd. (PSE), a specialist in process modeling technology, have released the results of the maritime CCS (carbon capture and storage) research
Ultra long stroke MAN B&W engine passes shop test
FEBRUARY 6, 2013 — The world’s first MAN B&W 7G80ME-C9.2 ultra long stroke engine passed its official shop test last month at Korea’s HHI-EMD, the engine and machinery division of Hyundai Heavy