Mitsui O.S.K. Lines, Ltd. (MOL) plan to install a ballast water treatment system on an in-service very large crude oil carrier (VLCC). This will be the first such onboard system installed by any Japanese shipowner on an existing VLCC. The company chose the JFE Ballast Ace system developed by JFE Engineering Corporation. The installation will take place while the vessel is docked from March through April. Ballast water discharged while loading/discharging cargo carries marine organisms around the world and can have a negative impact on marine ecosystems and biodiversity. This has become a subject of global concern since the late 1980s. Accordingly, the International Maritime Organization (IMO) adopted the Ballast Water Management Convention in February 2004, and its ratification is under way. Ship details: Type of vessel: Very large crude oil carrier (VLCC) Ship registry/class: Marshall Islands/Nippon Kaiji Kyokai (ClassNK) Deadweight tons: About 300,000 tons Length: 333m Breadth: 60m The treatment capacity of the BWTS is 3,500m³/h x 2 units (explosion-proof), and the treatment method is of filters with chemical injection.
According to a January 3 report from Gulf News, Gulf Navigation Holding confirmed its acquisition of a very large crude carrier (VLCC). The vessel, built in 2006 and with a 300,000 deadweight tonne capacity, can carry up to two million barrels of oil.The Gulf Eyadah will join the operator's other VLCC, Gulf Sheba, which was delivered in late 2007. (Source: Gulf News)
Piraeus-based Hellespont Shipping Corp. has contracted Samsung Heavy Industries for the first two vessels in a new class of VLCC's. The contract also calls for the option to build two optional ships - with delivery beginning in the last quarter 2001. With a lightweight of 46,500-tons, the vessels will form a new standard for large tanker strength and speed - while equipped with various features. The ABS and LR-approved structures and scantlings will be 10 percent in excess of both rules.
Taiwan's state-owned Chinese Petroleum Corp (CPC) has bought two very large crude carriers (VLCC) of West African crudes via its September tender, a company official said on Thursday. The volumes were below CPC's usual purchase of three to four VLCCs per month. Each VLCC can load up to two million barrels each. "We have high inventories and not so much requirement," the CPC official said. The details of the tender, which closed on Monday, were still unclear.
Eastbound VLCC freight that nearly topped W200 in November is now firmly mired beneath W100. "The market's really lost its way, but much of that is just down to sentiment," said one London tanker broker. Wednesday's fixture lists showed a number of deals hovering around the W100 mark, and even the very modern New Circassia accepted W101 from Stasco for an eastbound trip. Friday's fixture list however, showed the slightly older Musashi Spirit had been fixed at W90 to Japan
Tsakos Energy Navigation Limited (TEN) recently acquired the 299,700 dwt double hull VLCC M/T Maersk Estelle, built in Denmark in 1994, from the AP Moller / Maersk Group. Initially, this vessel will participate in the current strong spot market while the Company considers opportunities for longer-term employment. TEN will assume ownership of the vessel during the later part of January 2004. "We are very excited about this latest addition to our fleet of young and environmentally friendly
Since the birth of the very first large crude carrier (VLCC) - the 206,000-dwt Idemitsu Maru in 1966, the stage was on the verge of being set for another 1,000 large tankers of VLCC size and above that would be built over the next 30 years. VLCCs are tankers ranging in size from 200,000-320,000-dwt, with a smaller sized version less than 275,000-dwt - equivalent to about two million barrels, which is a common cargo consignment size. The largest VLCCs are 275,000-dwt and above.
MISC Bhd has bought four Aframax tankers from Japan's Tsuneishi Corp for $260m. The first unit of the 107,500-deadweight tonnage (DWT) tankers will be delivered in 2009, while the rest in 2010, MISC said in a statement. It added that the continuous expansion of MISC's petroleum fleet under American Eagle Tankers (AET), supported by regional offices in London, Singapore and Houston will provide it with the critical mass to better serve its customers globally.
Knightsbridge Tankers Limited entered into a new time charter agreement for the VLCC MT Mayfair. The ship is currently trading in the spot market, and will commence the new time charter employment directly after the current voyage in end of March 2007. The Mayfair has been chartered to a Far East based operator for a period of three years at a rate of $45,000 per day. The Board of Knightsbridge Tankers believes that the new charter will serve the Company well as it continues to secure
Crude Carriers Corp. (NYSE: CRU) announced that on March 26 it took delivery of the M/T Alexander the Great, a very large crude carrier (VLCC) with carrying capacity of 297,958 mt, from Universal Shipbuilding Corporation at the Ariake Shipyard in Japan. The M/T Alexander the Great is the first of the three vessels comprising the company's initial fleet and was acquired at a purchase price of $96.5m. The remaining two vessels, the M/T Miltiadis M II
VLCC rates of $60,000/day triggered a deeper dive in crude tankers, so DNB Markets (Shipping) looked into ~66,000 fixtures. With increased interest in the crude tanker segment coupled with spot rates approaching $60,000/day, DNB decided to dig deeper into alternative data sources
DHT Holdings, Inc. announced that it has reached an agreement with Hyundai Heavy Industries Co., Ltd. (HHI) in South Korea for the construction of two very large crude carriers (VLCCs) with a contract price of $92.7 million each, including certain additions and upgrades to the standard
Kuwait Oil Tanker Company (KOTC) has put into service a new VLCC and named another as part of a strategy aimed at increasing its tankship fleet to 30 by the end of 2014, reports the Kuwait News Agency. KOTC Chief Executive Officer Sheikh Talal Al-Khaled Al-Ahmed Al-Sabah inaugurated the enormous
GAC EnvironHull, part of global shipping, logistics and marine services provider GAC Group, has launched HullWiper, its new offering diver-free, cost effective and eco-friendly underwater hull cleaning. Despite its compact size of 3 x 1.5 x 0
Bookings of the largest oil tankers jumped to the highest for the time of year since at least 2007 as demand for crude cargoes accelerates before a surge in oil refining projected by the International Energy Agency. reports Bloomberg. According to Bloomberg, who cite Marex Spectron Group
Teekay Tankers Ltd. report an adjusted net loss of $6.3 million, or $0.08 per share, for the quarter ended June 30, 2013, compared to adjusted net income attributable to shareholders of Teekay Tankers of $0.9 million, or $0.01 per share, for the same period in the prior year.
Wilhelmsen Technical Solutions has secured multiple orders to supply its Maritime Protection Inert Gas Generator (IGG) systems for installation on vessels working offshore Brazil. The company will deliver a total of eight dual-fuel Maritime Protection systems via contracting partner EEP to
Kongsberg Maritime has won the competitive tender to conduct an upgrade and extension of the simulation facility at Noorderpoort Eemsdollard – Energy & Maritime in Delfzil, The Netherlands. The contract includes upgrade of the Kongsberg Maritime simulators installed at Noorderpoort
Greece-based Tsakos Energy Navigation Limited (TEN) has time-chartered out the 301,171 dwt, double hull VLCC 'Millennium', with a state oil company for a period of 18 months. The new charter commenced in September 2013 and is expected to generate gross revenues of approximately $11
Tankship owner-operator, AET, has named two VLCC newbuildings at the DSME shipyard in Korea. One vessel (Eagle Verona) will be delivered immediately with the other (Eagle Versailles) following in December 2013. Both 320,000 dwt VLCC'a are built to the latest “eco-design” to ensure
EU Naval Force confirms that a fully laden Very Large Crude Carrier (VLCC) was fired upon by eight armed men in two ‘skiffs’ 230 miles off the Somali coast, 11, October 2013. The attack was successfully repelled by the Armed Security Team on board the super tanker and the vessel is now
Marc La Monte - 1963-2013 Heidmar reported the unexpected passing of Marc La Monte of Wilton, Connecticut. Mr. La Monte passed away while on a business flight in Europe on the morning of October 14th. La Monte was a widely respected member of the international shipping industry
EU Naval Force confirmed that on Friday, October 11, 2013, a fully laden super tanker, known as a Very Large Crude Carrier (VLCC), was fired upon by eight armed men in two ‘skiffs’ 230 miles off the Somali coast. The attack was repelled by the Armed Security Team on board the super
Sherwin-Williams Protective & Marine Coatings launched SeaGuard, an app that provides users with protective coating recommendations for VLCC/VLBCs, chemical tankers and OSV/PSVs. The app debuted on October 9 at The International WorkBoat Show in New Orleans
Tanker operator’s hopes have been buoyed recently by a sharp upturn in crude tanker rates. Historically, tanker rates over the last two months of the year are the seasonally strongest, and this seems to be playing out this year, according to PIRA Energy Group's latest Market Recap.