K Line Orders Three Malaccamax VLCCs at Japan's Nihon Shipyard
Kawasaki Kisen Kaisha has returned to the VLCC newbuilding market with three 311,000 dwt malaccamax tankers ordered at Nihon Shipyard for delivery from 2029.
CMB.TECH Posts $364m Second-Quarter Profit as Tanker Markets Run Hot
CMB.TECH reported a second-quarter profit of $364.4m and EBITDA of $552.8m, with a $3.26bn contract backlog and gains of $127.4m booked on vessel sales in the period.
Tanker Hit and Disabled on Omani Side of the Strait of Hormuz
A projectile struck an oil tanker off Musandam overnight, damaging the engine room and disabling the ship on the Omani coastal route through the strait.
Houthi Missile Strike Hits Bahri VLCC Amzan in the Red Sea
The Saudi-flagged VLCC Amzan was struck 63 nautical miles west of Yanbu, extending the Houthi campaign to the kingdom's main alternative crude export route.
ADNOC L&S Pays Record $115 Million for 15-Year-Old VLCC
ADNOC L&S has bought the 15-year-old VLCC Olympic Leopard for $115 million and renamed her Al Yahr, a record price as European brokers value similar tankers at up to $100 million.
A 23-Year-Old VLCC Changes Hands at $57m as Vintage Tanker Values Surge
The 2003-built, 300,000 dwt VLCC Hellstugutinden has been sold for a reported $57m, an unusual valuation for a tanker entering its twenty-fourth year.
Korean Builder Takes Delivery Of Its First Owned Crude Carrier
A Korean shipbuilder's shipping subsidiary has taken delivery of a 320,000 deadweight tonne very large crude carrier, the first vessel it has owned outright since the unit was established.
Chinese Lessor Orders Four Very Large Crude Carriers
A Chinese financial leasing company has ordered four very large crude carriers at a domestic yard in a deal worth around five hundred million dollars, with each vessel of about 319,000 deadweight tonnes priced near 125 million dollars.
ADNOC Shipping Arm Buys Eleven Tankers And Gas Carriers For 1.3 Billion Dollars
ADNOC's shipping arm has agreed to buy six VLCCs and five very large gas carriers for about 1.3 billion dollars, alongside a new LNG carrier order.
Troubled shadow VLCC closes in on endgame
The 2002-built VLCC Era — formerly Marinera and Bella 1 — has reappeared under the Comoros flag with a demolition-linked manager, suggesting the much-renamed shadow-fleet tanker may be nearing its final voyage.
Frontline Sells VLCC Pair For 270 Million Dollars
Frontline has agreed to sell two 2017-built very large crude carriers for 270 million dollars, and will return all net proceeds to shareholders through a one-off dividend.
Dynacom's VLCC Order Book At Hengli Reaches Twenty Ships
George Procopiou's Dynacom Tankers has ordered four more very large crude carriers at Hengli Heavy Industry, taking the Greek owner's programme at the Chinese yard to twenty vessels.
Shipbuilding Veteran Named As Scorpio Tankers' VLCC Partner
Scorpio Tankers is understood to be partnering with Chinese shipbuilding veteran Ren Yuanlin on eight scrubber-fitted VLCCs under construction in China, taking a minority stake of less than 15 percent.
Stealth Maritime Lifts Korean Newbuilding Programme To Around 1.3 Billion Dollars
Greek owner Stealth Maritime, part of the Harry Vafias group, has returned to South Korea with a fresh order that takes its total investment in newbuilding projects to approximately 1.3 billion dollars.
COSCO advances $1.1 billion Tianjin shipbuilding base
The greenfield yard, featuring two VLCC-scale drydocks, will occupy nearly 146 hectares in the city's Lingang Economic Area.
Pan Ocean confirms new VLCC pair at Qingdao Beihai shipyard
South Korea's Pan Ocean has confirmed its latest pair of ammonia-ready VLCC newbuildings at CSSC-controlled Qingdao Beihai Shipbuilding.
Ageing VLCCs command record prices as tight tonnage flips market logic
Older VLCCs are commanding historically high prices as owners scramble for prompt tonnage, even as a separate sale shows long-term charter rates can still drag values down sharply.
Newly delivered VLCC reportedly struck near Hormuz within weeks of entering service
A VLCC delivered only last month has reportedly been hit while transiting near the Strait of Hormuz, one of several tankers linked to the same manager attacked within a matter of days.
DHT Holdings locks in a supertanker on a three-year charter
Crude tanker owner DHT Holdings has fixed one of its very large crude carriers for three years at 75,000 dollars a day.
VLCC ordering smashes records in an 'astonishing' first half
Analysts report that very large crude carrier ordering hit a record in the first half of 2026, with the orderbook-to-fleet ratio climbing to around 35%.
JP Morgan named as owner behind Hanwha VLCC pair
A pair of very large crude carriers ordered at Hanwha Ocean has been linked to JP Morgan's maritime investment platform, extending the bank's growing tanker programme.
Petrobras rises up the tanker rankings as Unipec's grip loosens
Brazil's Petrobras has emerged as one of the biggest gainers in the crude tanker market this year, climbing the charterer rankings as Unipec's dominance eased.
Crude tanker orders hit record high
Crude tanker contracting has reached its highest level on record this year, driven by a surge of orders for very large crude carriers.
Bruton to split 12-ship VLCC programme into two listed vehicles
Tor Olav Trøim-backed Bruton is dividing its 12-VLCC programme into two listed companies, keeping four delivered supertankers in a dividend payer and spinning off eight newbuildings.
Pan Ocean keeps VLCC push rolling
South Korea's Pan Ocean has ordered two more VLCC newbuildings, ammonia-ready and priced at about $122m each, extending a rapid crude tanker expansion.
Yasa tipped for debut VLCC order
Turkey's Yasa Holding is being linked to its first VLCC newbuilding order — four 319,000 dwt units in China at $125m each — amid one of the busiest supertanker ordering spells in years.
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