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A service for shipping & logistics professionals · Wednesday, July 16, 2025 · 830,966,273 Articles · 3+ Million Readers
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Very Large Crude Carrier (VLCC) News Monitoring

  • Published on Jul 15, 2025

    Advantage Tankers bolsters VLCC orderbook

    AsiaEuropeShipyardsTankers Hanwha Ocean Geneva-based Advantage Tankers has returned to South Korea’s Hanwha Ocean with a fresh order for another VLCC newbuilding as part of a growing strategic push into the larger tanker segment. Industry sources report …

    Source: Splash 247 - Neutral
  • Published on Jul 11, 2025

    Greek owner sells second VLCC in three months amid active S&P market

    Eurotrader, a 2008-built, 310,391-dwt vessel, has already been renamed Celeste and is now under Chinese ownership, according to Equasis data. While pricing details have not been disclosed, Xclusiv Shipbrokers currently values a 15-year-old VLCC at around …

    Source: Riviera - Neutral
  • Published on Jul 9, 2025

    Tariffs, Tensions, and Tonnemiles: A Resilient H1 for VLCC Freight

    The VLCC freight market has gained momentum in the first half of 2025, with earnings generally higher compared to the latter half of 2024. This improvement comes despite various uncertainties and evolving market dynamics, illustrating the market’s …

    Source: Hellenic Shipping News - Neutral
  • Published on Jul 13, 2025

    Tanker Supply to Grow Despite Lower Orders in 2025

    Tanker supply is expected to keep growing throughout 2027, despite slow newbuilding activity since the beginning of 2025, since a large number of orders during the 2023-2024 will hit the water. In its latest weekly report, shipbroker Gibson said that “ …

    Source: Hellenic Shipping News - Neutral
  • Published on Jul 13, 2025

    Geopolitics reshapes tanker trade in the Middle East

    No other region exerts such a concentrated influence on tanker operations as the Middle East. From state-aligned crude exporters to sanction-resilient carriers navigating under alternative registries, the region’s tanker trade is under continual adjustment …

    Source: Riviera - Neutral
  • Published on Jul 11, 2025

    Tanker Weekly: Brazilian crude oil shipments

    This week’s Chart Market Monitor highlights the significant increase in Brazilian crude oil shipments to China, which reached a record 93.6 million barrels in Q2 2025, marking a 53% rise from Q1 and a 60% year-on-year surge compared to Q2 2024. These are …

    Source: Hellenic Shipping News - Neutral
  • Published on Jul 11, 2025

    India plans eight ‘mega’ shipbuilding hubs in $5bn expansion drive

    India has unveiled ambitious plans for eight new “mega” shipbuilding and repair hubs as part of the government’s self-reliance policy. Opindia reported that the country wants to rank among the world’s top five vessel construction nations by 2047. The new …

    Source: Tradewinds - Neutral
  • Published on Jul 10, 2025

    Fouling control technologies are even more important for vessel operators following recent IMO MEPC 83 session

    Marine industry leaders gathered at Nor-Shipping in June, with a focus on the key challenges and opportunities driving the transition to a lower-carbon future. With regulations such as the Carbon Intensity Indicator (CII), FuelEU Maritime, the EU Emissions …

    Source: Hellenic Shipping News - Neutral
  • Published on Jul 9, 2025

    Houthis take hostages after blowing up ships in Red Sea

    Houthi rebels are holding seafarers hostage after the Iran-backed Yemeni group attacked two vessels in the Red Sea. The proscribed terrorist organisation attacked Eternity C on Monday with sea drones and rocket-propelled grenades fired from speedboats. The …

    Source: The Times - Center-right
  • Published on Jul 9, 2025

    Orders for Container Ships on the Rise

    Orders for container ships were on the rise last week. In its latest weekly report, shipbroker Banchero Costa said that “in the container sector, MSC placed an order of 3 x 22,000 teu vessels to Chinese shipyard CMHI Quindao and they will feature LNG dual …

    Source: Hellenic Shipping News - Neutral
  • Published on Jul 9, 2025

    Bureau Veritas Grants AIP Certificate to Sunrui Marine Environment’s Wind Rotor Assist System

    Home/News/Bureau Veritas Grants AIP Certificate to Sunrui Marine Environment’s Wind Rotor Assist System Yukta SharmaJuly 9, 2025Last Updated: July 9, 2025 0 1 minute read Bureau Veritas Marine & Offshore (BV) has awarded an Approval in …

    Source: Nautical Voice - Pending
  • Published on Jul 3, 2025

    Two crew from Hafnia Nile charged over fatal tanker collision

    The Singapore-registered product tanker Hafnia Nile collided with the Sao Tome and Principe-flagged Ceres 55 km northeast of Pedra Branca, off the coast of Peninsula Malaysia in the early hours of 19 July last year. The collision resulted in the death of …

    Source: Seatrade Maritime News - Neutral

  • Houthis Purloin Crude Oil From UN-Funded Floating Storage Tanker

      In a story broken by Lloyds List and Yemeni journalists, evidence has emerged that the Houthi administration in Yemen is siphoning off crude oil from an oil storage facility maintained by the United Nations off Ras Isa. The story comes as no surprise to …

    Source: The Maritime Executive - Pending

  • Satellite images show extent of Israeli strikes on Yemeni ports held by Houthis

    Repeated Israeli strikes on Yemeni ports held by Houthi rebels have had little effect on the operations there, satellite images indicate. Fuel shipments at ports controlled by the Iran-backed group have continued despite disruption to pipelines, with the …

    Source: The National News - Pro-Government
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