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Capital Ship Management Takes Delivery of Two-LNG Ready Tankers
Feb 5, 2025 ... Management currently operates a fleet of 32 tankers, which includes 13 very large crude carriers (VLCCs) and a total DWT capacity of 6 million mt. The company has invested heavily in LNG-ready ...
INSIGHT: A Comparative Analysis of Alternative Fuels for Sustainable Maritime Shipping
Jan 28, 2025 ... coastal ferries to massive Ultra Large Container Vessels (ULCVs) and Very Large Crude Carriers (VLCCs). Each type of ship is designed for a specific purpose, and their dimensions and capacities ...
Ammonia-Ready, LNG-Fuelled VLCC Wins Bureau Veritas Approval
Sep 28, 2022 ... new LNG dual-fuelled VLCC suitable for conversion to ammonia propulsion has won the initial approval of classification society Bureau Veritas. Bureau Veritas has awarded approval in principle ...
Jurong Port Completes Acquisition of Hin Leong Universal Terminal Stake
Mar 22, 2021 ... located on Jurong Island, has 2.33 million m3 of storage and 15 jetties, including two for VLCCs, as well as nine bunker barge berths. Last year it was reported that Chinese state energy ...
Jurong Port Takes Over Hin Leong Stake in Singapore's Universal Terminal
Feb 10, 2021 ... located on Jurong Island, has 2.33 million m3 of storage and 15 jetties, including two for VLCCs, as well as nine bunker barge berths. Last year it was reported that Chinese state energy ...
40% of VLCCs Could Have Scrubbers by the End of 2020
Jan 19, 2021 ... much as 40% of VLCCs could have scrubbers fitted by the end of 2020, according to shipping brokerage Gibsons. "Scrubber uptake is the highest in the VLCC fleet, followed by Suezmaxes," Gibsons ...
Dirty Tanker Fixtures Nosedived in 2020
Jan 13, 2021 ... availability conspired to keep more ships stationary. There were a total of 2,255 reported VLCC spot fixtures in 2020, down by 7% from the previous year, brokerage Poten & Partners said ...
Bunker Supplier Equatorial Marine Mulls Expanding Floating Storage in Singapore
Oct 2, 2020 ... in the region, according to price reporting agency S&P Global Platts. The company owns three VLCCs, currently deploying two of them as floating storage in west Johor, and is 'inclined to' ...
Singapore: Market Could Push Traders to Offload Stocks
Jul 22, 2020 ... of using a tanker as opposed to land-based tanks, is above the current/forward price spread. "VLCC rates have dropped, and storing costs are getting lower. But the current contango does not ...
Vitol to Operate Bunker Business at GTI Statia Terminal in Caribbean
Jun 2, 2020 ... storage tanks with total capacity of 14 million barrels, and can accommodate fully-laden VLCCs, the companies said. "Vitol is one of the largest energy traders in the world and is a ...