The VLCC (Very Large Crude Carrier) newbuilding market is experiencing a surge in activity as leading shipowners rush to secure shipyard slots amid strong tanker earnings and tightening environmental regulations. In Asia, HMM has confirmed orders for 12 LNG-fuelled containerships and two VLCCs, while Capital Group has added a 306,000 DWT VLCC at Hengli Heavy Industry. Bruton Ltd. has also placed a new VLCC order at New Times Shipbuilding. In a notable move, COSCO Shipping Development has ordered six 307,000 DWT VLCCs with methanol and LNG-ready dual-fuel designs from CSSC Dalian Shipbuilding Industry, valued at RMB 5.09 billion, for delivery between 2027 and 2028. These ships will be chartered to COSCO Shipping Energy. With shipyard slots across Asia booked through 2029, the current momentum underscores a structural shift in the tanker market towards greener, more efficient vessels.