10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Operator taking steps to close funding gap ahead of oil project’s FID as partner ups its stake

    25 September 2025
    Business & Finance, Business Developments & Projects

    Finder Energy, a Perth-based oil and gas exploration player, is taking steps to secure remaining funds for a final investment decision (FID), which will enable it to develop two oilfields off the coast of Timor-Leste. To this end, the firm has agreed to enable its partner to boost its interest in the project.

  • Turkish fuel supplier carries out two biofuel bunkering operations

    13 August 2025
    Business Developments & Projects, Vessels

    Türkiye-based fuel supplier Arkas Bunker has completed two biofuel bunkering operations in Istanbul, marking the company’s next step in pushing forward its sustainability-focused operations. As disclosed, Arkas Bunker supplied 685 tons in total of Bio24F biofuel, a blend of ISCC-certified 24% used cooking oil methyl ester (UCOME) with 76% very low sulphur fuel oil (VLSFO). […]

  • Thun Tankers takes delivery of LNG-powered tanker

    10 May 2019
    Vessels

    Sweden’s Thun Tankers said it has taken delivery of a pair of vessels including the LNG-powered tanker, Thun Evolve.  The 8,000 dwt E-Class Thun Evolve has been built at the Dutch Ferus Smit shipyard for Thunk Tankers and is capable of running on LNG and biogas as fuel, the company said in its statement. Thun […]

  • Navig8 Product Tankers Takes Delivery of LR1 Tanker

    28 November 2016
    Business & Finance

    Petroleum products shipping company Navig8 Product Tankers Inc. has taken delivery of a 74,000 dwt LR1 tanker, the Navig8 Prestige, from South Korean shipbuilder SPP Shipbuilding. Navig8 Prestige is the last of four vessels contracted at SPP to be delivered to the company. The tanker will be entered into and operated in Navig8 Group’s LR8 […]

  • Scorpio Tankers Expands Tanker Fleet

    2 April 2015
    Business & Finance

    New York-listed tanker owner Scorpio Tankers Inc. has welcomed into the fleet three newbuilding vessels in March from three different Korean yards. STI Pontiac, an MR product tanker, was delivered from Hyundai Mipo Dockyard of South Korea. Upon delivery, this vessel began a time charter for up to 120 days at approximately $18,200 per day. STI Manhattan, an MR […]

  • Thun Tankers Takes Delivery of New L-class Tanker

    3 July 2019
    Business & Finance

    Thun London will, just like its sister ship Thun Lidkoping, enter the Gothia Tanker Alliance network.

  • Australia ups energy ante: LNG project ready for start-up, FPSO weeks away from first gas

    26 August 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Australian energy player Santos has shed light on the progress made in bringing its oil, gas, and liquefied natural gas (LNG) projects to life, with one project reaching the stage where all the pieces are in place to come online, another is fast approaching the same level, and the third one in Alaska is moving its first oil timeline forward to hit this milestone sooner than anticipated.

  • Scorpio Tankers Takes Product Tanker Fleet from Trafigura

    24 September 2019
    Business & Finance

    The company agreed to acquire Trafigura subsidiaries, which have leasehold interests in 19 product tankers, for USD 803 million.

  • NYK: ‘World’s largest’ methanol dual-fuel Ultramax bulker fills up in South Korea

    30 September 2025
    Business Developments & Projects, Vessels

    Green Future, hailed as “the world’s biggest” methanol dual-fuel Ultramax bulk carrier, which is being chartered by Japan’s NYK Bulk & Projects Carriers, an NYK Group company, has received a supply of methanol in a ship-to-ship (STS) transfer operation. As disclosed, the methanol bunkering procedure was completed on September 28 in the Port of Ulsan, […]

  • d’Amico Tankers Sells Product Tanker Oldie

    9 October 2017
    Business & Finance

    Ireland-based d’Amico Tankers, a subsidiary of Italian shipping company operating in the product tanker market d’Amico International Shipping S.A., has signed a memorandum of agreement for the sale of MT High Prosperity. The 48,700 DWT medium-range product tanker, built in 2006 by Japan’s Imabari Shipbuilding Co., is being sold for USD 14.2 million. “The transaction […]

  • BAR Technologies to install wind propulsion tech on dual-fuel LR2 tanker pair

    22 July 2025
    Business Developments & Projects, Infrastructure, Technology, Vessels

    UK-based wind propulsion technology provider BAR Technologies has received an order for its propulsion system to be installed on two new long-range 2 (LR2) dual-fuel tankers operated by compatriot shipping company Union Maritime.

  • Construction of Fratelli Cosulich’s methanol-ready bunker tankers in full swing

    10 July 2025
    Business Developments & Projects, Infrastructure, Vessels

    Construction of Lucia Cosulich, the second methanol-ready IMO II bunker tanker for Italy’s maritime transportation group Fratelli Cosulich, has begun at Taizhou Maple Leaf Shipyard in China.

  • Thun Tankers Orders NAABSA Product Tanker

    28 August 2019
    Business & Finance

    The vessel will feature a “Not Always Afloat But Safely Aground” (NAABSA) design.

  • Shipbuilding market shakeup: South Korea’s HD Hyundai Heavy Industries and HD Hyundai Mipo to merge

    28 August 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy, Regulation & Policy

    South Korean shipbuilding companies HD Hyundai Heavy Industries (HHI) and HD Hyundai Mipo (HMD) have revealed plans to merge into a single entity.

  • Scorpio Tankers to Merge with Navig8 Product Tankers

    24 May 2017
    Business & Finance

    Monaco-based tanker owner Scorpio Tankers revealed it has entered into definitive agreements to merge with Marshall Islands-incorporated petroleum products shipping company Navig8 Product Tankers and acquire Navig8’s 27 operating vessels. Under the agreements, Scorpio will acquire four LR1 tankers prior to the closing of the merger. The remaining 23 ships will be acquired upon the closing […]

  • Gibson: Crude Tankers Taking Cargoes from Product Tankers

    3 July 2018

    Crude carrier owners seem to have found their way out of the doldrums.

  • Navig8 Product Tankers Takes Fifth Tanker from GSI

    1 December 2016
    Business & Finance

    Petroleum products shipping company Navig8 Product Tankers has taken delivery of the Navig8 Goal, a 113,000 DWT LR2 tanker from Guangzhou Shipyard International Company Limited (GSI). The Navig8 Goal is the fifth of eight vessels contracted at GSI to be delivered to Navig8 Product Tankers. The vessel is also the fifth to be delivered under the […]

  • Hafnia Tankers, BW Tankers Looking into Merger

    22 August 2018
    Business & Finance

    Hafnia Tankers is exploring the possibility of consolidation with BW Tankers, part of BW Group.

  • Algoma Tankers Accepts Delivery of Product Tanker

    2 April 2019
    Business & Finance

    Algoma Tankers takes delivery of Algoterra, a 2010-built product tanker.

  • Monaco: Scorpio Tankers to Charter-in Product Tanker

    7 March 2013
    Business & Finance

      Scorpio Tankers Inc. announced yesterday that it has agreed to time charter-in a product tanker. A 2013 built MR product tanker will be time chartered-in for two years at $14,121 per day and is expected to be delivered by the end of April 2013. The agreement includes an option for the Company to extend […]

  • Teekay Tankers Exits MR2 Tanker Sector

    12 October 2016
    Business & Finance

    Nasdaq-listed tanker shipping company Teekay Tankers has decided to exit the MR2 tanker sector as it reached an agreement to sell its final MR2 chemical tanker Hugli Spirit, according to data provided by VesselsValue. The 46,900 dwt vessel, which features a length of 183 meters and a width of 32 meters, was sold for a price of […]

  • Scorpio Tankers Invests in Four LR2 Tankers

    11 May 2015
    Business & Finance

    Scorpio Tankers has entered into agreements to purchase four LR2 product tankers currently under construction at two South Korean shipyards. The units are being built at Sungdong Shipbuilding and Marine Engineering Co., Ltd. and Daehan Shipbuilding Co., Ltd. The tanker owner is expected to pay USD 240 million for the quartet, as each unit is priced […]

  • Tanker Investments Closes Deals for Four Tankers

    13 May 2014
    Business & Finance

    Tanker Investments Ltd. has entered into four Memoranda of Agreement (MoA) to acquire four vessels. The procurement of the four vessels is in line with the company’s strategic plan to grow its fleet through attractively-priced acquisitions. The first two vessels, slated for delivery in late May or early June 2014, are 2012-built coated Aframax tankers […]

  • Scorpio Tankers Linked to Tanker Pair Order

    5 May 2017
    Business & Finance

    Monaco-based tanker shipping company Scorpio Tankers has been tied to the sale of two medium-range 2 (MR2) chemical product tankers, VesselsValue’s data shows.  The ships in question are STI Emerald and STI Sapphire and they have been sold for USD 28 million each to an undisclosed buyer. Both 52,000 dwt tankers were built at South Korean […]

  • Nordic American Tankers to Offload Tanker Pair

    3 May 2018
    Business & Finance

    Nordic American Tankers has decided to sell two ships, thus reducing its fleet size to 31 tanker vessels.