10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Union Maritime to equip 34 tanker newbuilds with WindWings

    3 June 2024
    Infrastructure, Vessels

    UK shipping company Union Maritime has joined forces with compatriot design and engineering firm BAR Technologies to deploy wind-assisted propulsion solutions on a total of 34 new vessels.

  • World’s First LNG-Powered Inland Waterway Tanker

    15 February 2012

    For the past few years, a healthy competition has been going on to build the most innovative and eco-friendly inland waterway ship. Recently, motor tanker Amulet won a Ship of the Year award for its reduced fuel consumption. This issue’s Argonon is sure to be on the shortlist for next year’s award. Where motor tanker […]

  • Video: Teekay One Spirit – The Next Generation of Tankers

    8 March 2013

    Teekay has designed the next generation of tankers: The One Spirit, a revolutionary vessel with the potential to change the future of shipping. The company’s eco-design reduces consumption by 30%, dramatically reducing voyage costs and providing a more environmentally efficient solution to transportation. The One Spirit design has three key innovations: – Aerodynamic hull (total […]

  • China: NCS Floats Out Oil Tanker for Pertamina

    5 October 2012

    New Century Shipbuilding (NCS ) carried out, on September 16th 2012, launching ceremony for 85.000 DWT Oil Tanker named Gamkonora that was constructed for Indonesian company Pertamina. NCS Vice President Mr. Zhu Hangang conducted the ceremony, Group Executive Vice President Mr. Zhang Yuyong, representatives from the Owner and Class attended the ceremony. Mr. Zhang Yuyong […]

  • Odfjell Stable Despite Challenging Chemical Tanker Market

    11 May 2017
    Business & Finance

    Despite a challenging chemical tankers market, Norwegian shipping and tank terminal company Odfjell delivered a stable underlying operational performance with EBITDA of USD 46 million compared to 48 million reported in the fourth quarter of 2016. Odfjell’s revenue slowed slight improvement in the first quarter of the year, reaching USD 243 million, up from USD 238 […]

  • Stena LNG Transfers Two Tankers to UK Register

    9 September 2013

    Stena LNG, a unit of Stena Group, said it has decided to move two liquefied natural gas carriers to the UK register. The Port of Registry for the ships, Stena Crystal Sky and Stena Clear Sky, will be Stranraer, close to Cairnryan where fellow Stena Group company, Stena Line, which recently completed the construction of […]

  • Nigeria to supply stranded industries by LNG tanker trucks

    30 August 2017

    Nigeria has stepped up its efforts to deliver natural gas to areas not connected to the national gas pipeline network by creating a virtual LNG pipeline.  

  • Scorpio Tankers Targets Fresh Funds from Share Offering

    29 November 2017
    Business & Finance

    Monaco-based tanker owner Scorpio Tankers revealed plans to the public 30 million shares of its common stock, par value USD 0.01 per share through an underwritten public offering. The company said that it would use the net proceeds of the offering to strengthen its balance sheet and for general corporate purposes. As part of the offering, […]

  • Sumatec orders 2 tankers from Chinese firms

    20 October 2006

    SUMATEC Resources Bhd, through its wholly-owned subsidiary Semua Shipping Sdn Bhd, has entered into two shipbuilding contracts with Yangzhou Kejin Shipyard Co Ltd and Jiangsu Guotai International Group Co Ltd for the construction of two 8,000-tonne product oil tankers for RM43.9 million cash each. The purchase will be funded by internally generated fund and bank […]

  • BW Group to Buy 36.3 Pct Stake in Hafnia Tankers

    9 July 2018
    Business & Finance

    BW Group has signed an agreement to buy a 36.3% stake in Hafnia Tankers.

  • Cianbro to convert sulfur tankers into offshore supply ships

    8 June 2006

    Maine –Cianbro Corp. said Wednesday it has been awarded a contract to convert two 370-foot sulfur tankers into multipurpose supply vessels for the offshore oil industry. Cianbro said its agreement with Hornbeck Offshore Services of Covington, La., will provide more than 300 jobs on the Portland waterfront and at Bath Iron Works, the primary subcontractor […]

  • Tanker Owners to Benefit from High Scrapping, Market Consolidation

    1 March 2018

    High scrapping and market consolidation are expected to contribute to better returns for tanker owners.

  • 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 […]

  • Construction starts on Terntank’s second wind/methanol-ready tanker

    16 November 2023
    Business Developments & Projects, Infrastructure, Vessels

    Swedish/Danish tanker operator Terntank has celebrated the steel cutting ceremony of its second of three new wind and methanol-powered 15,000 dwt hybrid tankers.

  • OET Exercises Option to Acquire ECO Suezmax Tanker Pair

    9 October 2019
    Business & Finance

    Okeanis Eco Tankers is exercising the option to acquire two ECO scrubber-fitted tankers being built at Hyundai Samho.

  • Equinor testing new LNG-powered shuttle tankers

    9 June 2020
    Infrastructure, Vessels

    Norwegian energy giant Equinor is testing two newbuild liquefied natural gas-powered shuttle tankers it chartered for operations in the North Sea. The first tanker Eagle Blane is owned by Malaysian shipowner AET, while the second vessel Rainbow Spirit belongs to Altera. Eagle Blane recently conducted its first LNG bunkering in the port of Rotterdam prior […]

  • TOP Ships Acquires Newbuilding Tanker with Time Charter

    27 November 2017
    Business & Finance

    Greece-based ship owner TOP Ships has purchased all of the outstanding shares in a Marshall Islands company that owns a newbuilding contract for M/T Eco California. The high specification 50,000 dwt medium range product/chemical tanker is under construction at Hyundai Mipo Dockyard in Korea from an entity affiliated with TOP Ships’ Chairman and Chief Executive Officer, […]

  • Okeanis Eco Tankers to Get Funds for Two VLCC Newbuilds

    29 October 2018
    Business & Finance

    Okeanis Eco Tankers secures firm commitments for 2 secured loan facilities to finance its VLCCs.

  • EconGas: LNG Tanker Berths at Gate Terminal (The Netherlands)

    5 September 2011
    Business & Finance

    EconGas – a European natural gas company with Austrian roots – is maximising its customers’ supply security by diversifying its procurement portfolio as part of its international expansion strategy. EconGas is widening its supply sources in order to keep pace with future demand growth. The company is also investing in liquefied natural gas (LNG) whilst […]

  • Correction: Latvian Shipping Company Extends Tanker Loan

    22 June 2016
    Business & Finance

    Latvian Shipping Company (LSC) has reached the agreement to extend its loan facility on Medium Range tankers Latgale and Zemgale for a further period of two years. The deal, reached with Crédit Agricole Corporate and Investment Bank, covers the amount of USD 33.2 million. “An extension of the existing bareboat charters was a mandatory pre-condition of the lending […]

  • Hafnia acquires 32-strong fuel-efficient tanker fleet

    11 November 2021
    Business & Finance, Business Developments & Projects, Infrastructure, Market Outlooks, Outlook & Strategy, Vessels

    Singapore-based tanker owner and operator Hafnia has unveiled the decision to acquire 32 fuel-efficient IMO II product/chemical tankers.

  • Maersk Tankers’ technical management unit has new owner

    23 September 2021
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy

    Synergy Marine Pte. Ltd., a subsidiary of Singapore-based ship manager Synergy Group, has signed an agreement to take over Maersk Tankers’ technical management business.

  • Bocomm Leasing takes delivery of fourth LNG-fueled tanker from SWS

    18 November 2022
    Vessels

    Chinese shipbuilding company Shanghai Waigaoqiao Shipbuilding (SWS) has delivered a new 109,000-dwt Aframax dual-fuel tanker to Bank of Communications Financial Leasing Co (BoComm).

  • Crewman Evacuated from Chembulk Tanker off San Diego

    29 August 2018
    Business & Finance

    A 48-year-old crewman was evacuated from the tanker Chembulk New York off San Diego.

  • UK: LNG Tanker Due at Grain Terminal Today

    24 February 2012
    Vessels

    UK’s Grain LNG terminal will receive a cargo of liquefied natural gas from Qatar today, according to shipping data. The cargo is carried by the 217,000 cbm Al Huwaila tanker. Grain LNG is the UK’s first modern LNG facility and can hold almost 1 million cubic metres of liquefied natural gas in store. The terminal recently […]