Search results for: Chemical Tanker

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  • 8 January 2016
    Business & Finance

    Oslo-listed chemical tanker owner and operator Navig8 Chemical Tankers has taken delivery of the eighteenth IMO2 Interline-coated 37,000 dwt chemical tanker from Hyundai Mipo Dockyard. The company said that the vessel will enter and start operations as part of the Navig8’s Delta8 Pool. The announcement comes only a month after the company decided to exercise an option to […]

  • 21 October 2015
    Business & Finance

    Oslo-listed chemical tanker owner and operator Navig8 Chemical Tankers has entered into contracts to purchase four 49,000 dwt IMO2 eco-design, Interline-coated chemical tankers to be built at STX Offshore & Shipbuilding in South Korea. Navig8 Chemical Tankers has also announced that it has secured options to purchase six additional sister vessels from STX. The vessels will […]

  • 21 October 2015
    Business & Finance

    Oslo-listed chemical tanker owner and operator Navig8 Chemical Tankers has entered into contracts to purchase four 49,000 dwt IMO2 eco-design, Interline-coated chemical tankers to be built at STX Offshore & Shipbuilding in South Korea. Navig8 Chemical Tankers has also announced that it has secured options to purchase six additional sister vessels from STX. The vessels will […]

  • 9 May 2017
    Business & Finance

    The shipping fleet trading in chemicals and vegoils is heading for an expansion moderately driven by a demand for methanol and vegoil, shipping consultancy Drewry informed. The orderbook contains 144 stainless steel vessels totalling 3.4 million dwt for delivery by 2020, almost 22% of the existing capacity for such vessels. Out of the number, 63 vessels […]

  • 7 December 2015
    Business & Finance

    Oslo-listed chemical tanker owner and operator Navig8 Chemical Tankers has exercised an option to acquire a 49,000 DWT IMO2 eco-design, Interline-coated chemical tanker from South Korea’s STX Offshore & Shipbuilding. The newbuilding contract is part of the previously secured deal with STX in October, under which the company has further options to purchase five additional sister vessels from the […]

  • 9 February 2016
    Business & Finance

    Navig8 Chemical Tankers Inc. has returned to profit reporting a net income of USD 9.1 million for the three months ended December 31, 2015, an increase of USD 11.1 million from a net loss of USD 2 million in the corresponding period last year. For the twelve months ended December 31, 2015, the company scored a net income […]

  • 26 December 2019
    Business & Finance

    Navig8 Chemical Tankers declares option to purchase a 2015-built chemical tanker from Ocean Yield.

  • 16 September 2016
    Business & Finance

    Navig8 Chemical Tankers, a joint venture between the Navig8 Group and Oaktree Capital Management, has entered into a sale and leaseback transaction for two 25,000 dwt stainless steel chemical tankers being built by Japan’s Kitanihon Shipbuilding. Under the agreement, which was entered into with subsidiaries of Japan-based financial services company SBI Holdings, the vessels will be bought by SBI on […]

  • 10 August 2016
    Business & Finance

    Chemical shipping company Navig8 Chemical Tankers Inc. has expanded its fleet with its newest addition, the 25,000 dwt stainless steel chemical tanker Navig8 Sky. The newbuilding was delivered from Japanese shipbuilder Kitanihon Shipbuilding Co. Ltd. Navig8 Sky is the second of six vessels contracted at Kitanihon to be delivered to the company. It is also the second and last vessel […]

  • 18 November 2016
    Business & Finance

    Greek tanker owner Navios Maritime Acquisition Corporation (Navios Acquisition) has informed that it closed the sale of the Nave Constellation, a 2013-built chemical tanker.  The 50,000 cbm vessel was sold for USD 36.4 million to an unnamed buyer. Navios Acquisition revealed it used USD 16.4 million of the total amount for repayment of debts. According […]

  • 13 September 2016
    Business & Finance

    New York-listed Ardmore Shipping Corporation has taken delivery of Ardmore Endurance, Ardmore Explorer and Ardmore Engineer, the first three of six MR product/chemical tankers that it agreed to acquire in June 2016. The 49,500 dwt Eco-Design IMO 2/3 MR product/chemical tankers were constructed by Korean shipbuilder STX Offshore and Shipbuilding in 2013 and 2014, respectively. The […]

  • 1 February 2018
    Business & Finance

    Niels G. Stolt-Nielsen: outlook for the first half of 2018 remains unchanged.

  • 8 January 2019
    Business & Finance

    MOL Chemical Tankers agreed to buy 100% of shares in Danish chemical tanker company Nordic Tankers.

  • 29 December 2017
    Business & Finance

    Triyards has received termination notices for construction deals related to two chemical tankers.

  • 12 May 2016
    Business & Finance

    Bermuda-headquartered chemical tanker owner and operator Team Tankers International has reshuffled its fleet during the first quarter of 2016 as it took delivery of seven vessels and disposed of four ships. The company strengthened its fleet of regional coated ships through acquisitions of three 13,000 dwt coated ships, the Team Houston, the Team Oslo and the Sichem Mumbai, a […]

  • 28 June 2007

    As part of its wish to consolidate and expand its activities in the chemical tanker sector, Nordic Tankers has adjusted the ownership of the three ships currently co-owned with Eitzen Chemical. The adjustment means that Nordic Tankers will acquire ownership holdings in the vessels Sichem Copenhagen and Sichem Oslo, and will sell its interest in […]

  • 15 November 2019
    Business & Finance

    MOL Chemical Tankers has agreed with KNOC and SK Gas to develop a chemical terminal in the Port of Ulsan.

  • 22 July 2016
    Business & Finance

    Norwegian ship owner Ocean Yield ASA has taken delivery of Navig8 Topaz, a 49,000 dwt IMO chemical tanker, from South Korean shipbuilder STX. This is the sixth ship delivered in a series of eight chemical tankers to be chartered to Navig8 Chemical Tankers under a 15-year “hell and high water” bareboat charter. In April 2015, Ocean Yield ASA signed […]

  • 3 December 2013
    Business & Finance

    Navig8 Chemical Tankers Inc announced that it has signed shipbuilding contracts for the construction of additional six 37,000 dwt IMO2 eco-design chemical tankers to be built at Hyundai Mipo Dockyard (HMD). The six new ECO 37,000 dwt IMO 2 chemical tankers have been ordered by use of existing newbuilding options with HMD and have identical […]

  • 10 May 2016
    Business & Finance

    Navig8 Chemical Tankers, a joint venture between the Navig8 Group and Oaktree Capital Management, reported its net income for the first quarter of 2016 at USD 10.4 million against a net income of USD 9.1 million for the three months ended December 31, 2015. The shipping company, which focuses on the transportation of chemicals, accepted its first two newbuilding deliveries […]

  • 13 December 2016
    Business & Finance

    Chemical tanker owner and operator Tokyo Marine Asia (TMA) will, with effect from January 1 2017, absorb the business of its subsidiary company Milestone Chemical Tankers and change its registered name to MOL Chemical Tankers (MOLCT). The Singapore-based company said that the ultimate objective of MOLCT is to grow into an integrated logistics company which […]

  • 9 November 2016
    Business & Finance

    Due to a soft chemical tanker sector, the chemical shipping company Navig8 Chemical Tankers reported a drop in net income to USD 3.7 million for the three months ended September 30, 2016, compared to a net income of USD 9.6 million seen in the same quarter of 2015. The company said that the decrease in net income […]