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Splash247
fleet May 22, 2026

Peter Georgiopoulos Re-enters VLCC Market with Newbuild Orders

Greek shipping veteran Peter Georgiopoulos is re-entering the very large crude carrier (VLCC) market with United Overseas Group (UOG) placing orders for up to 10 newbuildings at Wison New Energies in China, as reported by Splash247. This move marks Georgiopoulos' third venture in the VLCC sector, following his leadership roles at General Maritime and Gener8 Maritime.

Splash247
fleet May 22, 2026

Frontline Sells Two Oldest Suezmax Tankers

Frontline, a tanker company controlled by John Fredriksen, has confirmed the sale of its two oldest suezmax tankers, built in 2014 and 2015, as part of a fleet renewal strategy, according to Splash247. The New York and Oslo-listed company agreed to the sale in April to an unrelated buyer.

Splash247
fleet May 22, 2026

Euroseas Partners with Norwegian Investors for New Boxship

Greek containership owner Euroseas has partnered with Norwegian investors to co-own a newbuild vessel, as reported by Splash247. The joint venture involves a group of investors represented by NRP Project Finance and pertains to the third vessel in a series of 4,484 teu containerships under construction in China.

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