10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Sweden: Stena Buys Three LNG Tankers from TMT

    24 May 2011

      Stena Bulk is on the offensive again – this time in the transportation liquid natural gas. The company has purchased three LNG (Liquefied Natural Gas) tankers from the Taiwan-based shipping company TMT for a total of USD 700 million, approx. SEK 4.5 billion. The three LNG tankers are the “Stena Blue Sky” (145,000 cubic […]

  • Weak Product Tanker Market Pushes DIS Deeper into the Red

    2 March 2018
    Business & Finance

    d’Amico International Shipping S.A ended the year in the red amid challenging market conditions.

  • Greece: Navios Announces Acquisition of Two MR2 Product Tankers

    17 June 2011
    Business & Finance

    Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced today that it has agreed to acquire two 50,000 dwt MR2 product tankers built in 2009. The vessels are employed under long-term charter-out contracts with a remaining term of three years. The rates are $22,490 net per day for the first year and […]

  • Industry’s first: Odfjell to install suction sails on a chemical tanker

    17 August 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Transition, Vessels

    Norwegian shipping company Odfjell in partnership with bound4blue, a Spanish developer of wind-assisted propulsion technology, will install the eSAIL® suction sail system on a chemical tanker, making it the first tanker vessel in the world to harness this type of technology. The eSAIL system, categorized as a suction sail, is based on the use of […]

  • South Korea: SHI Delivers Suezmax Tanker Stena Supreme

    2 July 2012

    On Friday the 29 June the Suezmax tanker Stena Supreme was delivered from Samsung Heavy Industries in Geoje, South Korea. The Stena Supreme is a crude oil tanker, largest vessel in Concordia Maritime’s fleet. The vessel represents an investment of around SEK 500 million, will be employed in the open market via the Stena Sonangol […]

  • Strait of Hormuz – U.S. Navy Ship Collides with Japanese Tanker

    12 August 2012

      A Japanese oil tanker, M/V Otowasan, collided with a U.S. Navy ship near the Strait of Hormuz in the early hours of Sunday, August 12, 2012, Reuters reports. According to Bahrain-based U.S. 5th Fleet spokesman Lieutenant Greg Raelson the collision was not combat-related and overall damage to the ship is being evaluated, he said. […]

  • DaeSun Shipbuilding Delivers MR2 Product Tanker, South Korea

    26 March 2013

    Navios Acquisition, an owner and operator of tanker vessels, announced that the Nave Orion, a new building MR2 product tanker of 49,999 dwt, was delivered on March 22, 2013 from Dae Sun Shipbuilding & Engineering Co. shipyard in South Korean. Vessel Particulars: DWT (mt) / 49,999 Draft (m) / 13.076 LOA (m) / 183.0 Beam (m) […]

  • Atlas Maritime and EMF hail new tanker delivery under $1B fleet renewal program

    22 May 2025
    Business Developments & Projects, Green Marine, Infrastructure, Vessels

    International shipping company Atlas Maritime and fund management company European Maritime Finance (EMF) have taken delivery of their eighth eco Aframax/LR2 tanker from South Korean shipbuilder Daehan Shipbuilding.

  • Hyundai Vinashin Tied to USD 160 Mn Tanker Deals

    19 July 2017

    Vietnam-based Hyundai-Vinashin Shipyard, a joint venture between Hyundai Heavy Industries and Vietnam Shipbuilding Industry Corporation, has reportedly secured five tanker orders over the past week from three Japanese shipowners. Namely, Fukujin Kisen and Masumoto Shipping are linked to an order for two 50,000 DWT tankers at the yard respectively, a weekly report from Intermodal Research […]

  • Qatar: LNG Tanker Al-Ghuwairiya Docks at Ras Laffan

    21 June 2011
    Business & Finance

      A significant milestone was reached on 21st June 2011 when the LNG tanker “Al-Ghuwairiya” berthed at Ras Laffan to load her LNG cargo bound for Canaport, Canada. The Qatargas chartered vessel is one of the new generation Q-Max LNG tanker able to load a full LNG cargo of 260,000 cubic meters. The vessel is […]

  • Fairfield orders first dual-fuel chemical tanker newbuildings

    11 June 2021
    Business & Finance, Business Developments & Projects, Infrastructure, Vessels

    Chemical tanker service company Fairfield Chemical Carriers (FCC) has penciled a contract with Japan’s Fukuoka Shipbuilding for the construction of two 26,300 dwt dual fuel stainless steel chemical tankers.

  • Nakilat LNG Carrier Hit by Oil Tanker off Fujairah

    27 February 2017
    Business & Finance

    Two ballast tanks aboard the 121,946 dwt liquefied natural gas (LNG) carrier Al Khattiya were breached with a loss of some ballast water after the ship was hit by an oil tanker on February 23 off Fujairah, United Arab Emirates. The vessel’s manager Shell International Trading and Shipping Company Ltd (Stasco) said that the incident did not cause any injuries […]

  • USA: APSI Kicks Off Construction of Second Aframax Tanker

    20 December 2012

    Aker Philadelphia Shipyard, Inc. (APSI), the sole operating subsidiary of Aker Philadelphia Shipyard ASA, began production activities today on the second of two Aframax tankers that it is building for SeaRiver Maritime, Inc. (SeaRiver), Exxon Mobil Corporation’s U.S. marine affiliate. The construction of the two tankers, valued at $400 million, will create more than 1,000 […]

  • Tanker Rate Surge Drives Record ClarkSea Index Spike

    14 October 2019
    Business & Finance

    VLCC rates reached USD 307,888/day last week.

  • MSI: Crude Tanker Market Hit Hard by OPEC’s Cut

    20 February 2017
    Business & Finance

    The predicted influx of new tonnage, combined with the Organization of the Petroleum Exporting Countries’ (OPEC) production cap and lower levels of refinery throughput are hitting crude markets hard, according to Maritime Strategies International (MSI). Namely, the crude tanker market is set to go through a testing time over the period of the next six […]

  • 2016-2020 Outlook: Aframaxes to Outperform Larger Crude Tankers

    28 January 2016

    Limited supply growth in the Aframax sector of only 3.5% through the end of 2020 in addition to paradigm shifts in demand such as US exports and expanded Panama Canal opening will enable this sector to outperform the larger crude tankers, according to the latest report from McQuilling Services. “Aframax earnings are likely to outperform and […]

  • SCI Gets Nod to Sell Crude Oil Tanker Duo

    6 November 2017
    Business & Finance

    The Shipping Corporation of India Ltd (SCI) is looking to sell two of its crude oil tankers as it received an approval for the transaction from its Board of Directors during the quarter ended September 30. Namely, the company plans to sell the 92,700 dwt Abul Kalam Azad and the 45,134 dwt Bankim Chandra Chatterjee. The tankers […]

  • WinGD engines selected for SCF’s LNG-fueled Aframax tankers

    13 April 2017
    Vessels

    Winterthur Gas & Diesel (WinGD) said its low-speed dual-fuel engines have been selected to propel the first ever gas-fuelled Afrax crude oil tankers.

  • LPG Tanker Hit Hard in Collision with Boxship off Surabaya

    29 June 2015
    Business & Finance

    The LPG tanker Navigator Aries collided with a container ship Leo Perdana on the night of June 29 near the island of Karang Dzhamuang, 20 miles north of Surabaya, Indonesia, according to the local media. The collision caused a fire on the 2008-built tanker, which was quickly put out. The 23,333 dwt tanker suffered a […]

  • DonJon Shipbuilding to Build Chemical ATB Unit for Seabulk Tankers

    13 February 2014
    Business & Finance

    Seabulk Tankers, Inc., a wholly owned subsidiary of SEACOR Holdings Inc., has entered into a contract to construct one 185,000 barrel coastal chemical & petroleum Articulated Tug and Barge (ATB) unit. The barge will be constructed by DonJon Shipbuilding and the tug will be constructed by BAE Systems. Delivery is expected in the first half […]

  • Samsung Heavy Launches First of Four Teekay E-Shuttle Tankers

    26 March 2019

    Aurora Spirit is the first of four shuttle tankers to be built in South Korea.

  • China Shipping Tankers Gets New Addition in Its Fleet

    2 October 2012
    Business & Finance

    On the afternoon of Sept. 21, a delivery ceremony was held for the HUA CHI, a 48K class crude and product tanker built by Guangzhou Shipbuilding International. During the delivery ceremony, respectively on behalf of China Shipping Tankers and Guangzhou Shipbuilding international, Deputy GM Chen Jian and Deputy GM Yang Li signed the delivery documents. […]

  • Lorentzen Says LNG Tanker Rates to Rise on Trinidad Cargoes

    15 November 2011

    Demand for tankers that haul liquefied natural gas is set to climb as much as 3 percent as Trinidad and Tobago ships more cargoes to Europe… (bloomberg) [mappress] Source: bloomberg, November 15, 2011

  • Singapore: ES Group Hands Over ‘Sea Tanker II’

    7 June 2013
    Business & Finance

    ES Group announced that Sea Tanker II was successfully delivered today to the Purchaser. The sale of Sea Tanker II marks another milestone for the Group following the completion of the delivery of Sea Tanker I to the charterer on 26 March 2013 pursuant to a five-year demise charter agreement. Barring unforeseen circumstances, the demise […]

  • Navig8 Chemical Tankers Places Order for Six New Vessels

    28 January 2014
    Business & Finance

    Navig8 Chemical Tankers Inc has signed a contract with Japanese shipyard Kitanihon Shipbuilding for the construction of additional six chemical tankers. The 25,000-dwt vessels are scheduled for delivery in 2016 and 2017. Details on the price for these modern Medium Range tankers were not disclosed. Navig8 Chemical Tankers Inc., a joint venture between Navig8 and […]