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Crude Carrier News

 

Hyundai Heavy Bags $122M Order for Two Oil Carriers

May 07, 2020

South Korean shipbuilder Hyundai Heavy Industries has said it has won an order to build two crude oil carriers.In a brief statement on the Korea Exchange, Hyundai said the order was worth 149,8 billion South Korean Won, or $122,2 million.Hyundai Heavy Industries said it would build the two crude oil carriers for a European client. It did not provide further details on the client.The deliveries are to be made by mid-February 2022.

Russian Oil Tanker Hit by Sanctions Heading to Malaysia

Feb 28, 2022

A Russian-flagged crude oil tanker targeted by U.S. sanctions is heading to Malaysia, shipping data showed on Monday, amid growing international scrutiny on businesses linked to Moscow following its invasion of Ukraine.The Linda, named in a U…

Hyundai Heavy Sheds More Light on Tanker Order

May 08, 2020

South Korean shipbuilder Hyundai Heavy Industries has shared more details on its newly secured contract to build two crude oil carriers.The company had on Thursday issued a brief statement on the Korea Exchange sharing it had won contracts to build two tankers for a European client…

Euronav to Store Low-Sulfur Oil

Sep 05, 2019

The crude oil tanker company Euronav has purchased a total of 420,000 metric tons of compliant fuel oil and marine gasoil so far, the company revealed as it detailed its IMO 2020 sulfur cap plans. In aggregate the purchase value of very low…

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