DHT Holdings to Buy 11 VLCCs from BW Group
DHT Holdings, Inc. has entered into an agreement to buy eleven very large crude carriers (VLCCs), including two newbuildings due for delivery in 2018, from BW Group Limited.
GulfNav Settles VLCC Dispute
Dubai-based shipping company Gulf Navigation Holding PJSC (GulfNav) has reached a final settlement with three lenders including DVB Bank SE, BNP Paribas and DNB Bank ASA related to very large crude carriers (VLCCs) sold in 2014.