World News
Greece's Venergy Orders Two Tankers at Waigaoqiao Shipbuilding
Shanghai Waigaoqiao Shipbuilding has secured an order to build two Suezmax crude oil tankers for Greece’s privately owned shipping company Venergy Maritime Limited.
The two 158,000 DWT tankers are expected to be delivered in 2029 and 2030, Venergy said in a LinkedIn post last week.
The contract includes an option to order two more ships.
The contract was signed on April 1 together with China Shipbuilding Industry Trading Co., Ltd., marking the first partnership between the yard and Venergy.
"This milestone formalises the LOIs previously announced and marks another important step in the continued expansion of our crude tanker platform, Venergy said.
"The agreement reflects our long-term commitment to building a modern, high-quality fleet with strong commercial positioning across key tanker segments."
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 879.00 | 0.00 | 1870.00 | 0.00 |
| Rotterdam | 741.00 | 0.00 | 1414.50 | 0.00 |
| Houston | 854.50 | 0.00 | 1377.50 | 0.00 |
| Fujairah | 867.50 | 0.00 | 1898.00 | 0.00 |
| Global 20 Ports Average | 958.50 | 0.50 | 1791.50 | 32.50 |
| Global 4 Ports Average | 835.50 | 0.00 | 1640.00 | 0.00 |
| Global Average Bunker Price | 1036.00 | 1.50 | 1780.50 | 10.00 |
Popular Now More
-
Apr 06A container ship reported multiple splashes from unknown projectiles near the ship on Sunday. -
Apr 06Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from March 26 – April 1, 2026. -
Apr 06The countries have agreed to increase production in May, but warned that restoring damaged capacity may take a long time.