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  • 27 April 2015
    Business & Finance

    A chemical tanker fleet operator Navig8 Chemical Tankers has taken delivery of two more ECO 37,000 dwt chemical tankers constructed at Korea’s Hyundai Mipo Dockyard (HMD). The 42,000 cbm Navig8 Ametrine and Navig8 Aventurine are the fourth and the fifth out of eighteen chemical tankers ordered at HMD. Navig8 Chemical Tankers has also recently closed a private placement […]

  • 29 January 2018
    Business & Finance

    Gulf Navigation is in discussions to acquire a majority stake in Atlantic Navigation Holdings.

  • 2 April 2018

    Discussions between Dubai-based Gulf Navigation (GulfNav) and Singapore-based Atlantic Navigation for the sale of equity stake in Atlantic have come to naught. 

  • 24 January 2017
    Business & Finance

    The seventh newbuilding product tanker has been delivered to the shipping firm Navig8 Product Tankers from Chinese shipbuilder Guangzhou Shipyard International Company Limited. Featuring 113,000 dwt, the LR2 tanker Navig8 Gladiator was ordered as part of a batch of eight ships from the former CSSC Offshore & Marine Engineering (Group) Company Limited, now GSI. With 128,000 cbm, the new ship is […]

  • 29 January 2018
    Business & Finance

    GulfNav plans to acquire a majority stake in Atlantic Navigation Holdings (Singapore) Limited.

  • 26 October 2016
    Business & Finance

    Chemical shipping company Navig8 Chemical Tankers Inc. has expanded its fleet as it took delivery of a 25,000 dwt stainless steel chemical tanker, the Navig8 Stellar. Delivered by the Japanese shipbuilder Kitanihon Shipbuilding, Navig8 Stellar is the fourth of six vessels contracted at the shipyard to be delivered to the company. The tanker is also the second and final […]

  • 13 July 2015
    Business & Finance

    Oslo-based shipowning company Ocean Yield ASA has agreed to acquire four newbuilding 115,000 dwt LR2 product tankers for a total consideration of USD 198.1 million, in combination with 13 years “hell and high water” bareboat charters to Navig8 Product Tankers Inc. The four vessels are being built at Sungdong Shipbuilding & Marine Engineering Co., Ltd, […]

  • 2 April 2018
    Business & Finance

    GulfNav’s bid to buy a majority stake in Atlantic Navigation Holdings (Singapore) Limited has been rejected.

  • 5 September 2019
    Business & Finance

    Navig8 Gauntlet is the sixth in a series of eight scrubber-fitted tankers in the company’s newbuilding program.

  • 13 July 2015
    Business & Finance

    Oslo-based shipowning company Ocean Yield ASA has agreed to acquire four newbuilding 115,000 dwt LR2 product tankers for a total consideration of USD 198.1 million, in combination with 13 years “hell and high water” bareboat charters to Navig8 Product Tankers Inc. The four vessels are being built at Sungdong Shipbuilding & Marine Engineering Co., Ltd, […]

  • 1 December 2016
    Business & Finance

    Petroleum products shipping company Navig8 Product Tankers has taken delivery of the Navig8 Goal, a 113,000 DWT LR2 tanker from Guangzhou Shipyard International Company Limited (GSI). The Navig8 Goal is the fifth of eight vessels contracted at GSI to be delivered to Navig8 Product Tankers. The vessel is also the fifth to be delivered under the […]

  • 5 July 2019

    Tech has delivered a scrubber system to the Chios Navigation’s newest ship.

  • 7 July 2017
    Business & Finance

    Owner and operator of handysize liquefied gas carriers Navigator Holdings has entered into a secured facility agreement worth USD 160 million. The loan was secured by Nordea Bank AB (Publ), BNP Paribas, DVB Bank America N.V., ING Bank N.V., and Skandinaviska Enskilda Banken AB. The company said that it intends to use the loan to refinance an […]

  • 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 […]

  • 23 July 2015
    Business & Finance

    Singapore’s Atlantic Navigation Holdings Limited informed its shareholders that there had been unauthorised withdrawals of funds from the bank account of Atlantic Maritime Group FZE, a wholly owned subsidiary of the company, for an aggregate amount of USD 736,000. Atlantic Navigation said that the funds in connection with the unauthorised withdrawal were purportedly transferred to […]

  • 12 November 2017

    On February 22, 2017, the 3700 DWAT GS Eco Freighter 3700, with yard number 169, was launched at the ‘GS Yard’ yard in Waterhuizen. In mid-June 2017, Scot Navigator left the harbour of Delfzijl in The Netherlands for her sea trials. At the end of that same month, almost immediately after the completion of the […]

  • 2 November 2015
    Business & Finance

    Dubai-based tanker owner and operator Gulf Navigation Holding PJSC (Gulfnav) has reported a 123% profit growth at the end of the third quarter of 2015 compared to the same period from last year.  The company said that it has released its latest financial statement amidst its strong and consistent financial turnaround and continuous intensified efforts to […]

  • 23 July 2015
    Business & Finance

    Singapore’s Atlantic Navigation Holdings Limited informed its shareholders that there had been unauthorised withdrawals of funds from the bank account of Atlantic Maritime Group FZE, a wholly owned subsidiary of the company, for an aggregate amount of USD 736,000. Atlantic Navigation said that the funds in connection with the unauthorised withdrawal were purportedly transferred to […]

  • 27 June 2016
    Business & Finance

    Chemical shipping company Navig8 Chemical Tankers Inc. has taken delivery of its first stainless steel chemical tanker, the Navig8 Sirius, from Japanese shipbuilder Kitanihon Shipbuilding Co. Ltd. Featuring 25,000 dwt, the Navig8 Sirius is the first of six vessels contracted at Kitanihon to be delivered to the company. The Navig8 Sirius will be entered into and operated in Navig8 Group’s […]

  • 9 August 2016
    Business & Finance

    Norwegian ship owner Ocean Yield ASA has taken delivery of a 115,000 dwt LR2 product tanker Navig8 Supreme from South Korea’s Sungdong shipyard. After being delivered from the shipyard today, the vessel commenced a 13-year “hell and high water” bareboat charter to Navig8 Product Tankers Inc. This is the final vessel delivered in a series of a total of four […]

  • 25 November 2012
    Business & Finance

    Zhejiang Ouhua Shipbuilding Co., Ltd, a leading shipbuilding enterprise in Zhejiang province, announced that on November 14, the company successfully held a  keel laying ceremony for the MPV31-NB638 constructed for China Navigation. The keel laying was held in No.1 dock and was witnessed by Volodymyl (representative of the ship owner), Guan Weiqi, Ma Liang, surveyor […]

  • 10 August 2016
    Vessels

    Shipping company Navigator Gas said it has recently taken the delivery of its dual-fuel ethane carrier Navigator Aurora. The Navigator Aurora was delivered to the owner at Jiangnan Shipyard in Shanghai, China on August 2. According to Navigator Gas, the ethane carrier is capable to sail both on diesel fuel and liquefied natural gas (LNG). With a length […]