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New tanker carrier expands order book on VLCCs

Norwegian Hunter is expanding its order book of VLCCs with an additional vessel which will also be constructed in South Korea. Altogether, eight vessels will be constructed for the company, while more could be on the way.

Two VLCC players keep the order book hot and buy old ships

One is buying up 16-year-old ships. The other has an order book with upwards of ten newbuilds. ShippingWatch has spoken to two of the new players betting on the VLCC market at a time when the sector is crying for scrapping with a slowdown in ordering.

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