Search results for: chemical

4999 results

A list of search results

  • 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.

  • 12 May 2014
    Business & Finance

    Navig8, a fully integrated provider of shipping management services, has welcomed two additions to its growing fleet, namely the UACC Manama and UACC Shamiya. The two chemical tankers will join Chronos8 Pool, the company said on Friday. UACC Manama, built in 2010 is slated for delivery in May 2014, whereas the delivery of UACC Shamiya, […]

  • 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 […]

  • 10 June 2015
    Business & Finance

    Chemical shipping faces another tough year, but prospects are improving thanks to the strength of the product tanker market which is attracting a growing number of swing ships out of chemicals into products, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry. Drewry estimates that seaborne trade in chemicals […]

  • 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 […]

  • 15 January 2015
    Business & Finance

    Oslo-based owner and operator of chemical tankers Eitzen Chemical ASA said it has secured support from all of its lenders anf bondholders for its restructuring plan. Completion of the restructuring as set out in the Plan Support Agreement (PSA) is expected to take place by the end of January, and in any event no later than 28 February […]

  • 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.

  • 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 […]

  • 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 […]

  • 2 February 2017
    Business & Finance

    The expected expansion of the chemical shipping fleet in 2017, driven by the large number of orders placed in previous years, will continue “squeezing rates on major routes over the next two years,” shipping consultancy Drewry said. Time charter rates weakened in 2016, especially for larger tankers, and freight rates on major long-haul routes dropped. Although […]

  • 2 December 2015

    The average size of a methanol ship is expected to increase with the addition of new methanol production capacity by the US and Middle East over the next two years,  UK shipping consultancy Drewry believes. “The average size of a methanol ship is expected to increase considering the long-haul distance between the major sources of supply and demand,” […]

  • 23 February 2017
    Business & Finance

    The public is invited to an upcoming open house to learn more about a recently completed draft study for the Occidental Chemical cleanup site in Tacoma’s Hylebos Waterway, Washington State Department of Ecology just announced. The study lays out potential cleanup options and methods. The site was contaminated from decades of chemical manufacturing, ship building and […]

  • 5 December 2012
    Business & Finance

    National Chemical Carriers Ltd. Co. (NCC) of Saudi Arabia, owned 80% by The National Shipping Company of Saudi Arabia (Bahri) announced that it had received on Tuesday, 4th December 2012 in Korea a new chemical tanker named ‘NCC SAMA’ from SHINAsb (previously SLS) of South Korea, as part of nine vessels previously contracted by NCC […]

  • 22 October 2018
    Business & Finance

    Three crew members died and eight were hospitalized due to gas poisoning aboard the Iranian general cargo ship Nazmehr.

  • 14 February 2018

    Chemical shipping freight rates will weaken due to the depressed outlook on overtonnaged long-haul routes.

  • 21 February 2013

      Two inbound chemical tankers collided, Wednesday, approximately 70 miles south of Galveston, causing some internal damage to one of the tankers. Watchstanders at Coast Guard Sector Houston/Galveston were notified of the collision by a National Response Center report at approximately 4:30 a.m., stating that the Chem Sea, a 385-foot tanker, and the Bow Kiso, […]

  • 21 August 2015

    The hazardous materials unit of the Oakland Fire Department responded yesterday to an acid spill from a shipping container at the Port of Oakland. As informed by the fire department, the 40-foot shipping container was leaking corrosive materials of HazMat 1, 2, 3, E3 types. The container sprung a leak of about 100 gallons of a […]

  • 8 July 2014

    Teams aboard the MV Cape Ray have begun neutralizing Syrian chemical materials, a Pentagon spokesman said yesterday.   U.S. military and civilian specialists aboard the ship are neutralizing the chemical materials in international waters, Army Col. Steve Warren told reporters. The ship left Gioia Tauro, Italy, with 600 tons of chemicals. “The Cape Ray is […]

  • 26 April 2018
    Project & Tenders

    Woodside Energy signed a memorandum of understanding (MOU) with Perdaman Chemicals and Fertilisers, part of the Perdaman Group, for the supply of natural gas.