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VLCC Newbuilding Orders Surge Tenfold Toward Record-Breaking Year

VLCC Newbuilding Orders Surge Tenfold Toward Record-Breaking Year

VLCC newbuilding orders are on course for a record year, with shipowners placing 183 orders in the first half of 2026 compared with just 18 in the same period last year. According to Veson Nautical, this represents by fa…

Wed Jul 08 20267 min
Bahri Logistics Orders Two Offshore Vessels From Grandweld Shipyard

Bahri Logistics Orders Two Offshore Vessels From Grandweld Shipyard

Bahri Logistics, part of Saudi Arabia's Bahri Group, has signed a newbuild agreement with Grandweld Shipyard for two offshore vessels to strengthen its offshore operations. The vessels, believed to be 25-metre crewboats,…

Tue Jul 07 20266 min
How Ballast Water Regulations Reshape Shipping

How Ballast Water Regulations Reshape Shipping

It is one of the least visible environmental problems in all of shipping, and for more than a century it went almost entirely unmanaged. Every day, thousands of ships pump seawater into and out of enormous internal tanks…

Mon Jul 06 20264 min
How Ship Emissions Are Measured and Reported

How Ship Emissions Are Measured and Reported

Shipping is the invisible engine of the global economy. Around 80 to 90 percent of everything traded in the world spends part of its journey on a ship, and the vessels that carry it burn enormous quantities of fuel far o…

Mon Jul 06 20264 min
Pan Ocean Lifts VLCC Spending Past $1.5Bn With New Order

Pan Ocean Lifts VLCC Spending Past $1.5Bn With New Order

South Korean shipping group Pan Ocean has ordered two additional very large crude carriers built to ammonia-ready specifications, pushing its tanker investment this year beyond 1.5 billion dollars. Disclosed in a stock e…

Mon Jun 29 20264 min
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