DHT Holdings has raised $50m in financing for its scrubber retrofit programme.
As the reality of the US sanctions on Iran bite, Greek owners are the most likely to be affected, according to VesselsValue data.
Oman Shipping Company's (OSC) spot chartering VLCC desk has paid dividends for the shipping company in terms of fixtures.
Saudi Arabia has halted all oil shipments through the Bab El-Mandeb Strait after two VLCCs operated by the country's national shipping company Bahri were attacked by Houthi rebels in the Red Sea.
In the largest ballast water management systems (BWMS) retrofitting order to date NYK has contracted Chinese manufacturer Sunrui for 89 vessels.
The tide of the US as a net importer of oil continues its reversal, with the latest announcement from Enterprise Products Partners LP (EPD). The energy “mid-streamer” said that it was in the final stages of evaluating an investment in a terminal in the US Gulf that could load VLCCs, for export.
DHT Holdings is the latest large tanker owner to take the plunge on retrofitting Alfa Laval scrubbers to 12 very large crude carriers (VLCCs) to meet the requirements of the International Maritime Organization's (IMO) 0.5% sulphur cap global from 2020.
Euronav is now the owner of the world's only two ultra large crude carriers (ULCCs) - the biggest tankers in the world.
For tanker owners, there is much at stake on 22 June when OPEC oil ministers gather in Vienna for what is likely to be a particularly bad-tempered meeting.
Bahrain shipyard ASRY has been contracted by Arab Maritime Petroleum Transport Co (AMPTC) to install ballast water treatment systems (BWTS) on part of its fleet.