10000 results found for 'tanker'

10000 results found for 'tanker'
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  • SCI Tanker Crew Rescues Seafarers in Gulf of Oman

    9 February 2017
    Business & Finance

    Seven Indian seafarers from the dhow FRTK-1 have been rescued by the crew of the 158,030 dwt Suezmax tanker Desh Shanti when their vessel ran into trouble in inclement weather in the Gulf of Oman. On February 3, the tanker, owned by the Shipping Corporation of India Ltd (SCI), received a distress call from the dhow requesting immediate assistance […]

  • LNG Tanker Coral Energy Named in Rotterdam, The Netherlands

    10 December 2012

    Princess Maxima of the Netherlands played, on Dec. 7th, the part of godmother at the naming ceremony for the LNG tanker “Coral Energy” in Rotterdam.  The Coral Energy, built at the Neptun Werft in Rostock, Germany, is the world’s first direct driven dual-fuel ice class 1A LNG carrier. The development of the Coral Energy started […]

  • Cosco Corp Swaps One Bulker for Two Tankers

    19 November 2015
    Business & Finance

    Cosco Corporation Singapore has agreed to cancel the construction of one 82,000 dwt bulk carrier at its shipyard in Dalian, originally scheduled for delivery in the third quarter of 2016, following a request from an undisclosed European buyer. Under the original contract, Cosco was hired to build two of these units. The other bulker will continue to […]

  • Zhongxing Engineering to Build Two Oil Tanker Superstructures

    23 August 2013

    Recently, Zhongxing Sea-Land Engineering Ltd, a fully owned subsidiary of the COSCO Shipyard Group, entered into a contract with Guangzhou Shipyard International Company (GSI) to build a pair of 115,000-dwt oil tanker superstructures, as well as an LOI (letter of intent) to build two more superstructures for a pair of 308,000-dwt very large crude carriers […]

  • Altera Infrastructure lets go of Altera Shuttle Tankers 

    6 November 2024
    Business Developments & Projects, Outlook & Strategy

    Altera Infrastructure Holdings, a wholly-owned subsidiary of the UK-based energy services provider Altera Infrastructure, has entered into an agreement to sell all of its membership interests in Altera Shuttle Tankers to Maistros Shiptrade, a company affiliated with the Greek shipping major Angelicoussis Group. As disclosed, the transaction is expected to be completed once all relevant […]

  • Tanker Grounds after Colliding with Bulker off Antwerp

    20 September 2017
    Business & Finance

    The 40,600 dwt tanker Seatrout has run aground off Antwerp after it collided with the bulk carrier Usolie. The incident occurred in the early morning hours on September 20 while both vessels were sailing in the same direction on the Scheldt river. The tanker was not loaded with cargo at the time. The authorities said that the […]

  • NCC Signs SR1.13 Billion Deal for Tankers – KSA

    13 June 2006

    An SR1.13-billion contract for the manufacture of six tankers for National Chemical Carriers (NCC) was signed here yesterday. Faisal Saud Al-Saleh, NCC board chairman, signed the contract with Su Eun Yoo, chairman of Shina Shipbuilding Co. Ltd. of Korea, for building six chemical tankers of 45,000 deadweight tons apiece. The new ships will be delivered […]

  • Sovcomflot to Order LNG-Fueled MR Tanker Trio

    29 July 2019
    Business & Finance

    The first of the vessels, that will be chartered to a Novatek subsidiary, are scheduled for delivery in 2022.

  • Iver Ships’ Tanker Spills HFO in Mississippi River

    24 April 2018
    Business & Finance

    USCG: Some 1,400 gallons of fuel oil was discharged into the Mississippi River from the chemical tanker Iver Exporter.

  • Spotted: Elandra Oak Completes LSC’s Tanker Trio

    18 May 2016
    Business & Finance

    As we like to put a spotlight on the newbuilds in our spotted articles, in today’s feature we bring you the freshly delivered tanker to Latvian Shipping Company’s subsidiary LSC Shipmanagement, the Elandra Oak. The 49,999 dwt vessel, boasting a length of 183 meters and a width of 32 meters, forms part of a batch of […]

  • India: Gail May Buy Several LNG Tankers

    14 January 2013

    GAIL of India plans to enter liquefied natural gas (LNG) shipping segment, primarily to bring in LNG from the planned Sabine Pass LNG export terminal in the US and from the Shtokman project in the Arctic Region, local media reported, citing the company’s CEO B.C. Tripathi as saying. “We are planning to make a foray […]

  • Greece: Navios Takes Delivery of LR1 Product Tanker Nave Cetus

    2 November 2012

    Navios Maritime Acquisition Corporation (Navios Acquisition), an owner and operator of tanker vessels, announced that the Nave Cetus, a new building LR1 product tanker vessel of 74,581 dwt, was delivered on October 30, 2012 from a South Korean shipyard. Nave Cetus has been chartered out to a high quality counterparty for one year at a […]

  • Knightsbridge Tankers Limited – Third Quarter 2006 Results

    15 November 2006

    Knightsbridge Tankers Limited (the “Company”) reports net income of $14.5 million and earnings per share of $0.85 for the third quarter of 2006. The average daily time charter equivalents (“TCEs”) earned by the Company’s five VLCCs was $52,900 compared with $42,800 in the preceding quarter. The third quarter earnings reflect the strengthening of the tanker […]

  • Frontline Bullish on Tanker Rates despite Q2 Loss

    22 August 2018
    Business & Finance

    Chief Executive Officer of Frontline Management AS believes better days are ahead for tanker rates.

  • Poten & Partners: Large Tanker Orderbook Not as Scary as It Looks

    23 January 2017
    Business & Finance

    Based on the delivery schedule of the current orderbook, deliveries of new tankers in 2017 will reach the highest level since 2009, however, Poten & Partners argues that the orderbook may not be as scary as it looks. While, it is difficult to see how the market can absorb such a large orderbook without further pressure on […]

  • Somali Pirates Release Another Tanker from Captivity

    12 March 2013

    It has been a busy couple of days for EU Naval Force (EU NAVFOR) flagship ESPS Méndez Núnez. The Spanish warship, which is conducting EU counter piracy patrols off the Somali coast, was once again able to provide much needed protection, this time to super tanker MV Smyrni, after the vessel was released from Somali […]

  • Hyundai Mipo to Build Four MR Product Tankers

    12 August 2015
    Business & Finance

    South Korea’s Hyundai Mipo Dockyard has received an order to build four MR product tankers for an unnamed European client. The value of the contract is KRW 168.9 billion (USD 143.9m), the shipbuilder said in a stock filing. The vessels are scheduled to be delivered by the end of the first half of 2017. The […]

  • Update on Teekay’s 2012 Tanker Market Review (VIDEO)

    13 June 2013
    Business & Finance

    2012 was a “year of two halves” for the conventional tanker industry. In this Teekay video update, Research Manager Christian Waldegrave gives his review of the 2012 tanker market and looks ahead to what can be expected in 2013. TeekayCorp, June 13, 2013

  • Tanker Newbuilding Duo Ordered for New Zealand Operations

    10 September 2015
    Business & Finance

    Two brand new 50,000 dwt tankers will soon be shipping petroleum products around the New Zealand coast, according to the Australian third party ship manager ASP Ship Management Group (ASP). The new vessels will be chartered by Coastal Oil Logistics Limited (COLL) which transports petroleum products from Refining NZ at Marsden Point to New Zealand’s ports […]

  • Canadian ferry sinking raises oil tanker concerns

    28 March 2006

    British Columbia – Plans for more oil tankers to ply the waters of Canada

  • FCC debuts LNG-powered tanker Fairchem Pioneer

    10 April 2023
    Business Developments & Projects, Outlook & Strategy, Vessels

    Fairfield Chemical Carriers (FCC), a US operator specialising in chemical tankers, has launched the Fairchem Pioneer, its first LNG-powered stainless steel chemical tanker. The LNG dual-fueled (DF) vessel, jointly developed by Fukuoka Shipbuilding and Fairfield Japan, a subsidiary of FCC, was launched on 7 April. According to FCC, it boasts LNG propulsion technology that reduces […]

  • MOL to Start Independent LR1 Product Tanker Operation

    12 March 2008

    Mitsui O.S.K. Lines, Ltd. (MOL, President: Akimitsu Ashida) today announced that it will begin independently marketing and chartering seven Large Range 1 (LR1)*1 product tankers in the world market starting in June. MOL has participated in “The LR1 Pool*2” since December 2002, and entrusted the pool with operation of MOL’s LR1 product tankers. However, MOL […]

  • Fourth LNG-fueled tanker delivered to Terntank (Gallery)

    17 March 2017
    Vessels

    Danish shipping company Terntank has received the last of four LNG-fueled newbuilds from China’s AVIC Dingheng Shipbuilding.

  • Standard Drilling directors reject Saga Tankers offer

    9 July 2015

    Saga Tankers’ potential acquisition of the Oslo-listed Standard Drilling has hit a stalemate. Namely, in a statement issued today, the board of directors of the target company said the takeover offer of NOK 1.35 per share, launched in June, is not good enough. The offer values Standard Drilling at a market capitalization of NOK 353,700,000 ($45.77 […]

  • BIMCO: Fleet Growth Squeezes Crude Oil Tanker Market

    23 December 2016
    Business & Finance

    The crude oil tanker segment composing of VLCC, suezmax and aframax ships, experienced a net-fleet growth of 7.3%, which is equal to 24.3 million dwt during the period from January 2014 to October 2016, according to BIMCO. The VLCC segment, with 20.7 million dwt or a net fleet growth rate of 11% took the lion’s share, followed by […]