Clarksons Securities has taken an axe to its VLCC rate forecasts amid slow global growth and weaker oil prices linked to the trade war between the US and China. It said the sector remains its main ...

New York-listed tanker giant DHT Holdings has fixed one of its VLCCs for seven years. The Svein Moxnes Harfjeld-led supertanker specialist has secured employment for the 2018-built DHT Appaloosa ...

Matsumae Park is Asari’s creation. Each spring, more than 10,000 cherry trees bloom on its slopes overlooking the Tsugaru Strait. There are few more breathtaking sights than the multicolored ...

This will be the first very large crude oil carrier (VLCC) in NYK's fleet to be equipped with dual-fuel methanol engines. "With its excellent energy efficiency and decarbonization advancement, the ...

Artist's rendering of the methanol powered VLCC in operation. Nippon Yusen Kaisha (NYK) Line, a Tokyo-headquartered shipping company, has concluded the contract to build its first very large crude ...

Nippon Yusen Kabushiki Kaisha (NYK) finalized a contract for the construction and charter of a very large crude oil carrier (VLCC) equipped with a main engine capable of using methanol as a fuel, ...

Japan’s NYK has contracted its first methanol-powered VLCC newbuilding. The giant shipping group said it has ordered the 310,000-dwt tanker at domestic shipbuilder Nihon Shipyard for delivery in ...

On April 4, NYK concluded a contract for the construction and charter of a very large crude oil carrier (VLCC) equipped with a dual-fuel methanol main engine, a first for the NYK VLCC fleet.

NYK has concluded a contract for the construction and charter of a very large crude oil carrier (VLCC) equipped with a main engine that can use methanol. The vessel, which will feature a large shaft ...

The struggle of funding winter brought with it sanity in valuations and forced startups to cut their expenses to chart a profitable growth. This trend continued in FY24 as well Of the 112 startups ...

This strategic move leaves the company with a fleet comprised solely of South Korean-built vessels. Last week, DHT Holdings confirmed the sale of the VLCC DHT Lotus, built in 2011 by Bohai ...

From being a technology investor that has backed new companies like Lenskart, Dream 11, Dailyhunt, Off Business, Chaayos, Delhivery, Cred among others, Temasek has pivoted recently to make bets in old ...