Hanwha Ocean has efficiently secured its first contract of the brand new yr with orders for 3 very massive crude carriers (VLCCs).
Hanwha Ocean introduced on Jan. 15 that it had acquired orders for 3 VLCCs from a Center Japanese shipowner for 572.2 billion received. The vessels are scheduled to be delivered to the shipowner by the tip of April 2029.
The growing old of the worldwide VLCC fleet is quickly progressing, making the phased retirement of older vessels inevitable. Accordingly, the business believes that demand for brand new VLCC building is more likely to be structurally maintained.
Hanwha Ocean continues to earn belief from international shipowners based mostly on its amassed design and building expertise within the VLCC sector, differentiated technological competitiveness, and main technical capabilities that mirror gas effectivity enhancements and eco-friendly specs.
An organization official stated, “We plan to take care of our selective ordering technique targeted on excessive value-added massive vessels whereas flexibly responding to market fluctuations.”