10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Scorpio Tankers Orders 16 New Vessels from Korea

    30 May 2013
    Business & Finance

    Scorpio Tankers Inc. announced today that it has reached agreements with five shipyards in Korea to construct 16 newbuilding vessels consisting of eight LR2, four MR, and four Handymax ice class-1A product tankers. In addition, the Company announced that syndication of the Company’s previously announced $267 million Credit Facility has been heavily over-subscribed resulting in […]

  • USA: APSI Commences Production of Tanker for Joint Venture with Crowley

    7 January 2014
    Business & Finance

    Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA, began production activities yesterday on the first product tanker that it is building for its joint venture with Crowley. Crowley and APSI have signed contracts for the first four tankers, with a total contract value of approximately $500 million. A small […]

  • SCF’s Tanker First to Transit Northern Sea Route in 2014

    20 August 2014
    Business & Finance

    Sovcomflot Group’s (SCF) Anichkov Bridge is the first large capacity tanker to transit the Northern Sea Route this year. The 47,000 – dwt MR vessel  completed her voyage along the route on August 18, 2014, the Russian shipping company said. According to SCF, the Russian-flagged Anichkov Bridge performed a westward ballast passage in the water […]

  • Signol, Stolt Tankers launch project to further reduce CO2 emissions

    13 September 2023
    IT & Software

    UK software company Signol has teamed up with shipowner Stolt Tankers to launch a pilot project to further reduce CO2 emissions from the vessels.

  • Teekay Tankers Buys Entire Suezmax Fleet from Principal

    5 August 2015
    Business & Finance

    Teekay Tankers Ltd. has agreed to acquire a fleet of 12 Suezmax tankers currently owned by Principal Maritime Tankers for an aggregate purchase price of USD 662 million. With an average age of only 5.5 years, the 12 Suezmaxes to be acquired will reduce the average age of Teekay Tankers’ fleet by 1.2 years. Once delivered, […]

  • Armada Type Tanker Sails Out of Besiktas Shipyard, Turkey

    13 February 2012
    Business & Finance

    The fifth tanker of Armada type built by Besiktas Shipyard in Yalova, Turkey, named Mugan, has sailed from the Shipyard on February 11, 2012. The tanker proceeds for loading 5000 metric tons naphta from Azov to one port of Mediterranean sea. Besiktas Shipyard is one of the best established ship building and ship repair yards […]

  • Sovcomflot, Rosneft Sign Deal for Five LNG-Fueled Tankers

    27 September 2017
    Business & Finance

    Russian state-owned shipping company Sovcomflot and its compatriot oil major Rosneft have signed an agreement for the construction of five liquefied natural gas (LNG)-fueled Aframax tankes. Under the deal, entered into on September 25, the tankers would be constructed at Russia’s Zvezda Shipbuilding Complex in cooperation with South Korea’s Hyundai Heavy Industries (HHI). The 114,000 dwt tankers […]

  • Global Oil Tanker Fleet Expands Faster Than Demand

    2 September 2011

    The global oil tanker fleet will expand almost three times more quickly than demand this year, according to Clarkson Research Services Ltd… (Eximin) [mappress] Source: Eximin, September 2, 2011.

  • KNOT Offshore Partners Buy Carmen Knutsen Shuttle Tanker

    1 August 2013
    Business & Finance

    KNOT Offshore Partners LP  announced today that further to its announcement on July 12, 2013, its wholly owned subsidiary KNOT Shuttle Tankers AS has completed its acquisition of all interests in Knutsen Shuttle Tanker 13 AS that owns and operates the Carmen Knutsen from KNOT Offshore Tankers AS for a purchase price of $145.0 million […]

  • USA: Tanker Pacific Management Receives Ecology ECOPRO Award

    19 August 2011
    Business & Finance

      Representatives from Washington Department of Ecology (Ecology) and the oil tank vessel industry meets in Seattle to award Exceptional Compliance Program (ECOPRO) Award to Tanker Pacific Management. The award was given to the Singapore-based company for achieving excellence in marine safety and environmental stewardship. Tanker Pacific Management operates foreign-flagged oil tankers worldwide, including Washington […]

  • Scorpio Tankers Secures $267 Mln Financing for New Vessels

    26 February 2013

    In February 2013, Scorpio Tankers Inc. (Scorpio Tankers) exercised options with Hyundai Mipo Dockyard Co. Ltd. of South Korea (HMD) for the construction of four Handymax, ice class 1A product tankers (38,000 DWT) for approximately $31.3 million each. These fuel efficient vessels will be delivered in the third quarter of 2014. In conjunction with these contracts, […]

  • Fire-hit oil tanker released by Malaysia authorities

    2 May 2006

    A supertanker which was held by Malaysian authorities following a flash fire that killed four people has been released on Tuesday, the ship’s Singapore-based manager BW Shipping Managers Pte. Ltd. said. The 280,000-tonne Very Large Crude Carrier (VLCC) Suva, which was on its way to the Middle East when the incident occurred on Sunday, was […]

  • NASCCO lays keel for APT’s third LNG-ready tanker

    26 October 2015
    Vessels

    General Dynamics NASSCO hosted a keel laying ceremony for the third ECO tanker, the future Garden State, for American Petroleum Tankers (APT) currently under construction at the company’s shipyard in San Diego.

  • US Issues Warrant to Seize Iranian Tanker Grace 1

    19 August 2019
    Business & Finance

    US DoJ issued a warrant to seize the tanker “based on violations of the International Emergency Economic Powers Act.”

  • Pirates Hijack Oil Products Tanker Off Nigeria Coast

    3 November 2011

    Pirates have hijacked an oil products tanker off the coast of Nigeria after contact was lost with the vessel and crew over the weekend, the… By Jonathan Saul and Austin Ekeinde (Reuters) [mappress] Source: Reuters, November 3, 2011

  • LR to Class Maersk Tankers’ 9 MR Newbuildings to Harmonised CSR

    20 November 2015
    Business & Finance

    International classification society Lloyd’s Register (LR) has been awarded the contract for classification of nine Medium Range (MR) type product tankers ordered by Maersk Tankers at Samsung’s Ningbo yard in China. Construction of the first vessels is due to start in the near future, with deliveries due in 2017/18. These are the first ever vessels […]

  • Maran Tankers welcomes 3rd LNG-powered VLCC into the fleet

    27 April 2023
    Green Marine, Vessels

    A third dual-fuel very large crude carrier (VLCC), named Maran Danae, has been delivered to Maran Tankers Management, an oil tanker shipping unit of the Angelicoussis Shipping Group. South Korean shipbuilder Samsung Heavy Industries (SHI) delivered the ABS-class vessel today, 27 April 2023, and the VLCC will be sailing under the Greek flag. The vessel […]

  • Petrobras Hires Two MR Tankers from Stena Bulk

    7 September 2018
    Business & Finance

    Petrobras charters Stena Bulk’s MR product tankers.

  • 1st Heritage Class Shuttle Tanker Joins Teekay Offshore

    26 October 2017
    Business & Finance

    Image Courtesy: Teekay Teekay Offshore has taken delivery of Beothuk Spirit, the first of its three Heritage Class shuttle tankers, from Samsung Heavy Industries (SHI) shipyard in South Korea.  Currently, the 147,000 dwt Beothuk Spirit, which flies the flag of Canada, has a market value of USD 104.61 million, according to data provided by VesselsValue. […]

  • G E Shipping: Crude Tanker Market Continues to Underperform

    6 May 2013
    Business & Finance

    The Board of Directors of the Great Eastern Shipping Company Ltd. (G E Shipping) today approved the Audited Results for the financial year ended 31 st March 2013. With respect to sale and purchase activities during the fourth quarter of the 2012-13 fiscal year the Company sold and delivered its 1995 built Panama x dry […]

  • NASSCO begins construction on second LNG-ready product tanker

    26 June 2015
    Vessels

    General Dynamics NASSCO, a unit of General Dynamics, signaled the start of construction for the second of three 50,000 deadweight ton, 330,000 barrel cargo capacity product tankers for SEA-Vista Newbuild III, a subsidiary of SEACOR Holding. Each LNG-conversion ready product tanker will be constructed at the NASSCO shipyard in San Diego under Jones Act requirements, […]

  • NASSCO begins construction on second LNG-ready product tanker

    26 June 2015
    Vessels

    General Dynamics NASSCO, a unit of General Dynamics, signaled the start of construction for the second of three 50,000 deadweight ton, 330,000 barrel cargo capacity product tankers for SEA-Vista Newbuild III, a subsidiary of SEACOR Holding. Each LNG-conversion ready product tanker will be constructed at the NASSCO shipyard in San Diego under Jones Act requirements, […]

  • Drewry: Chemical Tankers Expect Recovery from Late 2018

    9 November 2017
    Business & Finance

    Chemical shipping market is heading toward a recovery phase, which would be supported by subdued ordering and a narrowing in the tonnage supply-demand gap from late 2018, shipping consultancy Drewry informed. Tonne-mile demand of chemical commodities is set to grow at 3.8% on a year-on-year basis in 2017, of which the organic trade is likely […]

  • Tanker Pierces Bow after Hitting Sailboats off Maine

    30 June 2016

    Panama-flagged tanker Chem Venus allided with three moored sailboats on June 29 at the mouth of the Piscataqua River near Portsmouth, New Hampshire and Kittery, Maine, the US Coast Guard said.  The USCG boarded the Chem Venus and determined that the 2004-built vessel sustained damage to its bow, causing the tanker to take on water. The rate […]

  • Consortium installs 3D printed parts onboard oil tanker

    17 February 2021
    Business Developments & Projects, Collaboration, Innovation, Technology

    ABS, Sembcorp Marine, 3D Metalforge and ConocoPhillips Polar Tankers Inc. (Polar) have successfully fabricated, tested, and installed functional additive manufactured parts on board the oil tanker Polar Endeavour.