Euronav, Partners Buy World’s Largest Tankers

Monday, April 26, 2004
Euronav, the tanker subsidiary of the CMB group, together with partners have reached an agreement for the acquisition of four double hull ‘V plus’ ships (also known as Ultra Large Crude Carriers) of 442,500 dwt. The vessels are: Hellespont Alhambra, Hellespont Tara, Hellespont Fairfax and Hellespont Metropolis. The ships will be delivered in the course of the months of May and June 2004 and will be renamed: TI Asia, TI Europe, TI America and TI Africa. The vessels will trade through the Tankers International pool. The vessels will be acquired by a Belgian company and will fly the Belgian Flag. The vessels were built at Daewoo Shipbuilding & Marine Engineering (DSME) between 2002 and 2003 and represent not only the largest double hull tankers afloat but the pinnacle in modern design and construction. The ‘V plus’ vessels represent the perfect complement to the fleet of the Tankers International pool which currently comprises of 46 VLCCs.
Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Duke Energy to Help Develop Jeffersonville Port Site

Duke Energy Indiana has selected a 140-acre parcel of land inside the Port of Indiana-Jeffersonville in Clark County for the utility's 2015 Site Readiness Program.

UNOLS Seeks Nominations for Council Positions

The University-National Oceanographic Laboratory System (UNOLS) is an organization of academic oceanographic institutions working in cooperation with agencies of the U.

Savannah Harbor Expansion Project Update

Lt. Gen. Thomas Bostick, commander of the U.S. Army Corps of Engineers, visited the Port of Savannah on Thursday, for an update on the Savannah Harbor Expansion Project (SHEP).

Ship Sales

Shreyas Shipping Turns Around

Shreyas Shipping and Logistics swung to a net profit of Rs. 61.75 crore (about $9.6 million) in the fiscal year ended March 31, a big turnaround from its loss of Rs.

Tanker Demand Picks-up in Canada

Canada’s role in the oil industry has changed dramatically in recent years driven by synthetic crude oil production in the oil sands of Alberta.   New plans for Energy East,

Hyundai Heavy Delivers 2,000th Ship

Hyundai Heavy Industries (HHI) has become the world's first shipbuilder to deliver its 2,000th ship. The world's largest shipbuilding company delivered a drillship, "Ocean BlackLion," to U.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Pipelines Salvage Ship Electronics Ship Repair Ship Simulators Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2186 sec (5 req/sec)