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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter January 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Furuno Establishes China Subsidiary

FURUNO ELECTRIC CO., LTD. announced that its new subsidiary in Hong Kong has been established and has commenced business operation on February 1, 2016.   The new subsidiary, FURUNO CHINA CO.

Edison Chouest Opening Mississippi Shipyard

Edison Chouest Offshore locating shipbuilding operations, TopShip, LLC, in Gulfport, Miss.   Gov. Phil Bryant and officials from Edison Chouest Offshore, an offshore

R&M Group Merges with Sea Level Marine

R&M Ship Technologies USA, Inc. has merged Sea Level Marine, LLC. in efforts to increase the range of services offered to the company’s global client base. By aligning resources,

Ship Sales

FSL Trust Divests Two Containerships

FSL Trust Management Pte. Ltd., as the trustee-manager of First Ship Lease Trus, announced that the Trust has completed the disposal of Ever Radiant and Ever Respect

Shipbreaking Practices in 2015 Reveal Appalling Record -Report

Ignoring industry leaders and human rights and environmental organizations, ship owners continue to profit from dangerous and dirty shipbreaking practices on South Asian beaches in 2015,

Diana Shipping to Acquire Three Panamax Ships

Diana Shipping Inc. has signed, through three separate wholly-owned subsidiaries, three Memoranda of Agreement to acquire from a related party three Panamax vessels

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction 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: 0.0712 sec (14 req/sec)