Bruton Expands VLCC Orderbook with Four New Ships at CIMC Raffles

July 2028. The newbuildings will feature the MARIC 319,000 dwt design and be equipped with open-loop scrubbers to comply with current emission standards. Each vessel is priced at $124.75 million, bringing the total value of the deal close to $500 million. This order adds to Bruton's existing pipeline, which already includes eight VLCCs on order at New Times Shipyard and options for two more. In addition, Bruton has appointed Jens Martin Jensen and Christian Ness to its board, both bringing extensive experience in shipping and finance.