Japanese shipping giant NYK is renewing its VLCC fleet with an order for two newbuildings at a domestic shipyard for delivery in 2026.
VLCC orders have been few and far between, with only a handful inked this year, leaving the global orderbook at a little over 20 vessels.
The Tokyo-based company is being linked to an order for two 300,000-dwt crude carriers at Japan Marine United’s Ariake yard, according to shipping sources.