Search results for: mr

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  • 6 March 2015
    Exploration & Production

    The photo above shows a jack-up drilling rig that was the first ever to drill an offshore well in the UK North Sea. The rig, named Mr. Cap, was operated by American Overseas Petroleum Ltd. The well was drilled 165 miles offshore the United Kingdom. According to data on Chevron oil company’s website, it was the […]

  • 5 April 2017
    Business & Finance

    Danish shipping company Dampskibsselskabet Norden A/S has entered into an agreement on long-term chartering of two new Medium Range (MR) tankers scheduled for delivery in 2018. The new additions will be a supplement to four other MR vessels, which the company ordered, and which are slated for delivery during the coming 18 months, the company’s Chairman Klaus […]

  • 15 November 2017
    Business & Finance

    Copenhagen-based shipping company TORM purchased six MR resale vessels for a total of USD 185 million during the third quarter of this year. As informed, the first transaction included four MR resale vessels from Guangzhou Shipyard International Company Limited (GSI) with expected delivery in 2019. The second transaction included two MR resale vessels from Hyundai Mipo. […]

  • 27 November 2018
    Business & Finance

    Norden boosts MR ranks ahead of anticipated market recovery.

  • 2 August 2018
    Business & Finance

     The MR product tanker market took an unanticipated blow from a number of one-time events in q2 2018.

  • 18 September 2015
    Business & Finance

    Copenhagen-headquartered tanker owner and operator Maersk Tankers has signed a USD 300 million contract with Samsung Heavy Industries Ningbo shipyard in China for the construction of nine 49,940 dwt Medium Range product tankers.  The contract was signed today at Maersk Tankers’ office in Copenhagen by Claus Grønborg, VP and Head of Business Development of Maersk Tankers, […]

  • 27 September 2019
    Business & Finance

    The company has also sold a 2004-built medium range tanker.

  • 3 August 2017
    Business & Finance

    Danish carrier of refined oil products Torm is resuming its shopping spree with a purchase of two high-specification MR resale vessels. The two 50,000 DWT vessels are currently under construction at the Korean yard Hyundai Mipo and will be delivered to Torm later this quarter, the company said. The product tanker company added it already […]

  • 8 April 2020

    GET CONNECTED WITH MR JAMES! Mr. James Offshore Staffing Offering global staffing and crew management solutions for flexible personnel requirements. With only qualified and experienced people who feel passionate about the profession. Mr. James Connectivity Due to the increased demand of the well-being of crew on board we introduce Bondix for Offshore. An affordable 4G […]

  • 24 June 2014
    Business & Finance

    TOP Ships Inc., an international owner and operator of MR tanker vessels focusing on the transportation of petroleum products, has taken delivery of the EShips Taweelah.   The newbuild is a 50,000 dwt fuel efficient “ECO” MR product tanker and the first of six vessels under construction in TOP Ship’s fleet. Another five vessels are […]

  • 17 July 2018
    Business & Finance

    Philly Shipyard seems to have broken the dry spell with new MR order.

  • 13 April 2016
    Business & Finance, Equipment, Technology

    Komatsu Europe International N.V will present the PW98MR-10 midi excavator at Bauma 2016. With a net 48.5 kW @ 1.950 rpm (66 HP) and operating weights between 9.820 kg and 10.450 kg, the PW98MR-10 is powered by a 4-valve per cylinder Komatsu SAA4D95LE-6 engine. The KOMTRAX™ technology on the PW98MR-10 sends machine operating information to a secure website […]

  • 8 May 2014
    Business & Finance

    Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced that the Nave Jupiter, a newbuilding MR2 product tanker of 49,999 dwt, was delivered yesterday from a South Korean shipyard. The company said that Nave Jupiter has been chartered-out for two years to a high quality counterparty at a base rate of $14,319 […]

  • 7 February 2020
    Business & Finance

    TOP Ships has entered into agreements to dispose of an MR2 tanker pair.

  • 17 June 2011
    Business & Finance

    Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced today that it has agreed to acquire two 50,000 dwt MR2 product tankers built in 2009. The vessels are employed under long-term charter-out contracts with a remaining term of three years. The rates are $22,490 net per day for the first year and […]

  • 24 July 2017
    Business & Finance

    Danish shipping company TORM has entered into an agreement to purchase four fuel-efficient MR resale vessels from Guangzhou Shipyard International (GSI) with expected delivery in 2019. The deal includes the option to purchase up to four additional MRs with expected delivery in late 2019. The company already has 20 GSI vessels in the current fleet, […]

  • 1 November 2013
    Business & Finance

    Ardmore Shipping Corporation announced on 28th October the acquisition of a 45,726 Dwt MR product tanker built in October 2006 at Minami Nippon Shipbuilding Co., Ltd., Japan, for a purchase price of approximately $20.5 million. The vessel is expected to deliver to Ardmore in December 2013, and is intended to be employed either in the […]

  • 29 April 2019

    An additional three MR product tankers are to arrive from China by 2020.

  • 27 May 2014
    Business & Finance

    Ardmore Shipping today announced the acquisition of a 49,997 Dwt Eco-design product and chemical tanker built in July 2013 at STX Offshore & Shipbuilding Co. Ltd., South Korea, for a purchase price of $36 million. The vessel is expected to deliver to Ardmore between July 1st and August 31st 2014, and is intended to be […]

  • 7 September 2018
    Business & Finance

    Petrobras charters Stena Bulk’s MR product tankers.

  • 18 September 2015
    Business & Finance

    Copenhagen-headquartered tanker owner and operator Maersk Tankers has signed a USD 300 million contract with Samsung Heavy Industries Ningbo shipyard in China for the construction of nine 49,940 dwt Medium Range product tankers.  The contract was signed today at Maersk Tankers’ office in Copenhagen by Claus Grønborg, VP and Head of Business Development of Maersk Tankers, […]

  • 23 April 2013
    Business & Finance

    TORM has entered into an agreement to sell five MR product tankers to a company controlled by Oaktree Capital Management (Oaktree). The sale is a consequence of the specific option rights, which one bank group exercised in connection with the Restructuring Agreement (cf. announcement no. 31 dated 2 October 2012). Oaktree will place the five […]