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 being powered by dual-fuel LNG engines, the newbuilds will also feature optimised hull forms and propellers, wake improvement ducts, and rudder bulbs to further improve vessel efficiency.