Tag: VLCC

ABS, Gaztransport & Technigaz (GTT) and DHT Holdings have signed a joint development project (JDP) to optimize a new, very large crude carrier (VLCC) with liquified natural gas (LNG) propulsion that meets Class and statutory requirements.

China Merchants Energy Shipping (CMES) has received unanimous approval from its board of directors for the construction the world’s first methanol-powered VLCC.

ADNOC Logistics and Services (ADNOC L&S) announced that taking delivery of a third newbuild very large crude carrier (VLCC). The vessel “Arzanah” is the third of four LNG dual-fuel VLCCs delivered this year. 

On 21st July, Iran denied the ownership of oil tanker Arman 114 (IMO 9116412), which was seized by Indonesia on July 11th.

Today, Indonesia’s coast guard seized an Iranian-flagged very large crude carrier suspected of involvement in the illegal transshipment of crude oil.

In this week’s “Shipping Number of the Week” from BIMCO, Chief Shipping Analyst, Niels Rasmussen, looks at the effect of Saudi Arabia’s crude oil production cuts and exports.

Bureau Veritas (BV), awarded an Approval in Principle (AiP) to Hyundai Heavy Industries Co., Hyundai Global Service CO. (HHI), TotalEnergies Gas & Power Limited, and Mitsui O.S.K. Lines, Ltd. (MOL), for wind assisted ship propulsion (WASP) on a Very Large Crude Carrier (VLCC) and a Liquefied Natural Gas (LNG) carrier.

On 28th May, Nigerian released a Norwegian-seized vessel, MT Heroic Idun, which caught because it attempted to steal Nigeria’s crude oil in August 2022.

MOL announced that it has completed the joint research and development with Asahi Kasei Engineering on "Predictive Detection of Marine Motor Anomalies by Vibration Sensors" and it has realized to commercialize V-MO, a monitoring service for marine motors.

As the Nautical Institute reports, a loaded VLCC was underway. The vessel’s weather routing service was forecasting waves with a significant height of more than six metres. The vessel’s speed was slowed to between five and six knots to reduce the chances of shipping seas on deck.