Following in the recent footsteps of the containership industry and their newly formed, G6 Alliance, the crude tanker industry is consolidating their assets by creating a “VLCC pool” named Nova Tankers that according to their press release will “offer relevant vessels of the highest standard to cater for our customers’ need for safe and environmentally friendly marine transportation.”
The VLCC Pool will operate a combined fleet of around 50 quality VLCCs by the end of 2012 with an average age of only 3 years and consists of ships from the following shipowners, MITSUI O.S.K. LINES, LTD. / PHOENIX TANKERS PTE. LTD., A.P. MØLLER – MÆRSK A/S (Maersk Tankers), SAMCO SHIPHOLDING PTE. LTD., and OCEAN TANKERS (PTE.) LTD., SINGAPORE.
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By Weilun Soon and Samy Adghirni (Bloomberg) — A French container ship and a Japanese-owned tanker have crossed the Strait of Hormuz, in what appear to be the first such transits...
A Japanese-linked liquefied natural gas (LNG) carrier has successfully transited the Strait of Hormuz, marking the first such passage by a Japan-affiliated vessel since the waterway was effectively shut by conflict in the region, its operator said on Friday.
President Donald Trump said Tuesday he has directed the U.S. government to provide political risk insurance and financial guarantees for maritime trade transiting the Persian Gulf, while signaling that U.S....
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