10000 results found for 'tanker'

10000 results found for 'tanker'
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  • South Korea’s first methanol-powered tanker named

    18 October 2022
    Business Developments & Projects, Collaboration, Project & Tenders, Vessels

    South Korean shipowner KSS Line has held a naming ceremony for its methanol-powered MR tanker built at compatriot Hyundai Mipo Dockyard (HMD).

  • China: First LNG Tanker Docks at Dalian Terminal

    17 November 2011
    Business & Finance

      On November 16, Dalian LNG Terminal welcomed its first LNG carrier “Expedient” , indicating that the trial operation of Dalian LNG project is formally commenced. Located in Dalian, Liaoning province, the project covers an area of 216,000 square meters. As China’s only LNG terminal with loading capacity, Dalian LNG terminal also boasts of functions […]

  • Klaipėda Oil Terminal to Make Room for Larger Tankers

    9 August 2019
    Business & Finance

    Once the works are done, KN will be able to receive 3 tankers simultaneously at the terminal.

  • Pirates Steal Cargo from Singapore-Flagged Tanker

    4 May 2015

    Eight pirates armed with guns boarded a Singapore-registered petroleum product tanker while under way in the Straits of Malacca and Singapore on May 2nd, piracy watchdog ReCAAP ISC informed. The pirates ordered the Ocean Energy crew to anchor off Port Dickson, where a barge came alongside to siphon the vessel’s cargo. Whilst the master and crew were locked […]

  • TORM buys seven LR1 tankers for $233 million

    26 January 2023
    Business Developments & Projects, Green Marine, Vessels

    Danish tanker company TORM has entered into agreements to acquire a total of seven 2011-2013 built LR1 vessels. The company will spend $233 million on the acquisition. According to TORM, all the vessels are built at renowned Korean and Chinese shipyards. The tankers are expected to be delivered no later than 30 April 2023 and […]

  • ABB Secures Order for 1st Yamal LNG Tanker

    27 March 2014
    Business & Finance

    ABB, a multinational corporation headquartered in Zurich, Switzerland, has won a contract to deliver power and propulsion plants for the first of sixteen ARC7 ice-class tankers for the Yamal LNG project. The scope of delivery includes ABB turbochargers, generators, switchgear, transformers, frequency converters, propulsion unit control systems and Azipod® propulsion system. ABB also has options for […]

  • Concordia Maritime Refinances P-MAX Tanker Fleet

    23 November 2016
    Business & Finance

    Swedish tanker shipping company Concordia Maritime has signed two separate agreements to refinance its ten P-MAX ships. The total refinancing amount is USD 189 million and after financing costs the net amount is in line with outstanding debt from the existing facility, which was set to expire in June 2017. According to the company, the first […]

  • FSL Trust Secures Refinancing for Chemical Tanker Pair

    23 May 2018
    Business & Finance

    FSL Trust Management Pte has obtained a commitment of up to USD 18 million for the refinancing of two chemical tankers.

  • Scorpio Tankers to Sell Shares, Eyes New Vessels

    31 July 2013

    Scorpio Tankers Inc. intends to offer and sell 20,000,000 shares of its common stock in an underwritten public offering, the company announced yesterday. The net proceeds of this offering are expected to be used for product tanker vessel and LPG carrier acquisitions, working capital and other general corporate purposes. UBS Securities LLC is acting as […]

  • Turkey: Besiktas Shipyard Delivers Sixth “Armada” Tanker

    19 March 2013

    The sixth tanker of RST22M Project named Bakhtiar Vahabzade, built by the Besiktas Shipyard for Palmali Group, was delivered to the owner on 15 March 2013. In total ten vessels of Project RST22M were ordered by Palmali Group from Besiktas Shipyard. The Shipyard plans to perform all orders by the end of 2013. The Project RST22M […]

  • Typhoon Jebi Smashes Japanese Tanker into Airport Bridge

    5 September 2018

    Japanese tanker smashes into Kansai International Airport bridge.

  • Report: Woori Bank Disposes of Four Hanjin Tankers

    28 November 2016
    Business & Finance

    South Korea’s Woori Bank has sold four tankers owned by bankrupt Hanjin Shipping for USD 58.6 million, aiming at recovering KRW 36.8 billion (around USD 30 million) of uncollected ship financing debt, The Korea Herald reports.  The ailing shipping company filed for court receivership on August 31, 2016, after its creditors said they would no longer financially support […]

  • Stolt Tankers invests in reforestation projects as part of decarbonization drive

    22 February 2022
    Business Developments & Projects, Collaboration, Environment, Outlook & Strategy, Transition, Vision

    Stolt Tankers Joint Service (STJS) Pool, together with its partners NYK Line, Tufton, and Farvatn Capital, have donated $100,000 to One Tree Planted and We Forest, two non-profit organisations that focus on managing reforestation, carbon absorption and environmental impact projects.

  • Tankers Help SCI Triple Its Quarterly Profit

    13 August 2015
    Business & Finance

    The Shipping Corporation of India (SCI) has more than tripled its net profit for the quarter ended June 30 due to the rally in tanker markets aided by the continued slide in world crude oil prices. SCI posted a net profit of INR 163.54 crore (USD 25.2m) for the quarter ended June 30, as against a […]

  • TEN Returns to Sungdong Shipbuilding for Oil Tanker Pair

    10 June 2016
    Business & Finance

    Struggling South Korean yards exhibiting at this year’s Posidonia event in Greece seem to be on a roll over the past few days as they clinch the badly-needed new orders. One of those shipbuilders is certainly Sungdong Shipbuilding & Marine Engineering Co. (Sungdong), which has won its first order for this year. Namely, the yard’s […]

  • MarineLINE Paint Applied on Chemical Tanker FORMOSA TEN

    16 July 2013

    Zhoushan IMC-YY Shipyard has for the second time applied specialised MarineLINE paints in the cargo tanks of a chemical tanker. Drydocking and repairs of the vessel FORMOSA TEN took place from April till May 2013, over a period of about one month. The yard’s first successful experience with this type of paint was on another […]

  • First of Six MR Tankers Joins Tristar’s Fleet

    30 May 2016
    Business & Finance

    UAE-based Tristar Group held on May 28 a naming ceremony for the Silver Manoora, the first of six MR product/chemical tankers ordered from South Korean shipbuilder Hyundai Mipo Dockyard (HMD).  “This is indeed a red letter day for Tristar. Today we are proud owners of a brand new ship with five more to follow during the […]

  • Damen launches LNG-powered inland shipping tanker

    6 March 2015
    Vessels

    Damen Shipyards Group said it has launched the first LNG-powered Damen EcoLiner inland shipping tanker at its Romanian yard.

  • Hyundai Mipo Bags Orders for 16 MR Tankers

    30 October 2013

      Hyundai Mipo Dockyard (HMD) from Ulsan, South Korea, signed on October 29th 2013 two contracts worth circa $492 million for the construction of sixteen Medium Range (MR) tankers. The vessels were ordered by an unnamed ship owner from the Middle East. Hyundai Mipo revealed in a regulatory filing to the Korea Stock Exchange that […]

  • Chongqing Donggang Marine Bags Five Chemical Tankers

    10 September 2013

    Chongqing Donggang Marine Industry Co., a subsidiary of China Shipbuilding Industry Corp. (CSIC), recently signed a contract for the construction of five 3,500 dwt stainless steel chemical tankers. According to a Seatrade-Global’s report, the shipyard did not disclose any vessel particulars or the price of the deal except that the order is from a returning […]

  • Product/Chemical Tanker Ardmore Seaventure Delivered, Korea

    11 June 2013

    Product and chemical tanker specialist Ardmore Shipping has taken delivery of the Ardmore Seaventure from SPP Shipbuilding in Korea and immediately delivered the tanker to Cargill. The Ardmore Seaventure is a 49,999 deadweight tonnes (dwt) IMO 3 product and chemical tanker and the second vessel to be delivered to Ardmore Shipping from a series of […]

  • Greek tanker suffers mechanical issue in Bosphorus Strait

    13 April 2020
    Infrastructure, Regulation & Policy, Safety, Vessels

    A Greece-flagged crude oil carrier was towed to safety after sustaining mechanical problems on the Bosphorus on April 12.

  • Turkey: Besiktas Shipyard Launches Tanker Bakhtiar Vahabzade

    28 May 2012

    Besiktas Shipyard on May 24th 2012 successfully carried out the launching ceremony for the sixth tanker of RST22M Project named Bakhtiar Vahabzade being constructed for Palmali Group. The vessel is a 7.100 DWT tanker, under Armada series, of Project RST22M that Palmali Group ordered from Besiktas Shipyard. The Project RST22M product tankers are successors of Project […]

  • Sonangol and Stena Bulk Start Panamax Tanker Pool

    15 February 2008

    Stena Bulk and Sonangol have expanded their shipping collaboration and are now also operating a pool with Panamax tankers. These vessels transport crude oil and petroleum products in Atlantic trade as well as sailing in a round-the-world service. Initially, the pool consists of five Panamax tankers but the aim is to expand it over the […]

  • 12 Missing after Tanker Collides with Fishing Vessel

    5 October 2017

    A Hong Kong-flagged tanker identified as Brightoil Lucky has been involved in a collision earlier today with a Chinese fishing vessel Lurong Yuanyu 378 off Oki Islands in the Sea of Japan, Agence France-Presse reports citing the Japanese Coast Guard. A search and rescue operation has been launched for 12 crew members of the fishing vessel that […]