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China Merchants and Sinotrans to form $1.1bn VLCC joint venture

2014-08-13 01:00:00| Ship Technology

China Merchants Energy Shipping and Sinotrans & CSC Holdings have entered into an agreement to form a $1.1bn very large crude carrier (VLCC) joint venture (JV).

Tags: form china joint venture

 

Euronav to buy four VLCC vessels for $342m

2014-07-10 01:00:00| Ship Technology

Euronav is set to acquire four Japanese-built very large crude carriers (VLCC) for $342m, in a bid to bolster its position in the crude tanker industry.

Tags: buy vessels vlcc

 
 

VLCC prices to rise above $100m per unit, according to EA Gibson Shipbrokers

2014-02-11 01:00:00| Ship Technology

The prices of very large crude carriers (VLCCs) are set to grow to more than $100m a unit, according to UK-based EA Gibson Shipbrokers.

Tags: to prices unit rise

 

Mitsui OSK Lines to install ballast water treatment system on VLCC

2013-01-14 01:00:00| Ship Technology

Japanese shipping firm Mitsui OSK Lines has announced it will install a ballast water treatment system (BWTS) on a very large crude carrier (VLCC) for the first time, meeting new International Maritime Organization (IMO) requirements.

Tags: system water lines treatment

 

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