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Hyundai Heavy Bags Double VLCC Order

South Korea’s shipbuilding giant Hyundai Heavy Industries has secured an order to build two very large crude carriers for unnamed European shipowners. The value of the orders for two 300,000-ton VLCCs, which will be equipped with scrubbers to meet IMO emission

BV awards first LNGC cyber classification

The ‘Elisa Larus’ Photo: Bureau Veritas Bureau Veritas (BV) has awarded its first cyber security notation for an LNG carrier. France LNG Shipping SAS, a French ship-owning company jointly owned by NYK and Geogas LNG, has taken delivery of the 174,000

Fujairah oil product stocks surpass 30 mil barrels for first time

Oil product stockpiles at Fujairah on the UAE’s east coast have surpassed 30 million barrels for the first time, with inventories of both middle distillates such as jet fuel and heavy distillates such as marine fuel hitting all-time highs, data released