V.Group bags International Seaways contract to manage dual-fuel LNG VLCC

International Seaways has contracted V.Group to manage three of its dual-fuel very large crude carriers (VLCCs) currently under construction in South Korea. The LNG-fuelled VLCC trio, which is being built by Daewoo Shipbuilding & Marine Engineering (DSME), will join V.Group’s fleet management and will be employed on long-term charters with supermajor Shell. In addition to

MISC Berhad takes delivery of the second dual-fuel VLCC

Singapore-based petroleum logistics unit of Malaysian energy logistics group MISC Berhad, AET, has taken delivery of the second dual-fuel very large crude carrier (VLCC), which was purpose-built for a long-term charter with TotalEnergies. AET informed that its second dual-fuel VLCC, Eagle Vallery, was successfully delivered by Samsung Heavy Industries (SHI). The newest addition to AET’s

Titan LNG partners with Petronas Marine for LNG

Independent alternative fuels supplier, Titan LNG, has partnered with Petronas Marine – the marine solutions arm of energy multinational, PETRONAS – to deliver LNG under a Term Supply Agreement to the VLCC Yuan Rui Yang, which is chartered by Koch Industries and owned by Cosco. The ship-to-ship transfer (STS) bunkering of the world’s first LNG-fuelled

Cosco and DSIC float methanol-fuelled VLCC design

China’s Cosco Shipping Energy Transportation (CSET), the tanker operation unit of Cosco Shipping Group, and Dalian Shipbuilding Industry Co (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC), have developed a methanol-fuelled very large crude carrier (VLCC). The vessel’s conceptual design is based on the latest generation of 310,000 dwt VLCCs designed and built by

LNG bunker fuels are only transitionary: Will hydrogen take over in the long run?

LNG bunker fuels are gaining traction as a way to reduce emissions “right here and right now” among many members of the shipping community. However, it’s only ever going to be a bridging fuel. In its latest weekly report, Gibson said that “the world is changing rapidly around us. One thing that has significantly changed