10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Moody’s: Calm Seas Ahead for Global Shipping Industry

    13 May 2015

    Moody’s Japan K.K. says the outlook for the global shipping industry over the next 12-18 months is stable. “Moody’s-rated shipping companies should report aggregate year-over-year EBITDA growth of around 5%-7% over the next 12 to 18 months. Our expectation indicates a stable outlook for the industry over the same period,” says Mariko Semetko, a Moody’s […]

  • Stolt-Nielsen Off to a Good Start. Predicts Strong Tanker Market to Continue

    7 April 2016
    Business & Finance

    Oslo-listed Stolt-Nielsen Limited today reported USD 30.4 million in net profit for the first quarter ended February 29, 2016 with revenue of USD 464 million, up from USD 21.4 million posted in the fourth quarter of 2015. Fewer ships brought the company’s tanker division Stolt Tankers to an operating profit of USD 31.2 million, against USD 35.4 million, reflecting the impact […]

  • SCF, Shell Ink Charter Deals for LNG-Fuelled Aframax Duo

    21 February 2018
    Business & Finance

    Sovcomflot has signed time-charter agreements for two dual-fuelled Aframax tankers with Shell.

  • Sirius Shipping to install MMT’s FuelOpt system on methanol-ready tanker duo

    20 August 2024
    Collaboration, Technology, Vessels

    Swedish shipping company Sirius Shipping has decided to install Manta Marine Technologies’ (MMT) FuelOpt system on two Sirius Evolution product/chemical tankers.

  • Ukraine: PJSC Kherson Shipyard Lays Keel of First Product Tanker for SVL

    25 October 2011
    Business & Finance

      On 21 October at the slip of PJSC Kherson shipyard keel laying of the first product tanker of a series, project RST27, for SVL group of companies, Malta, took place. The ship design has been developed by the Marine Engineering Bureau (Odessa). Tanker is designed for mixed (river-sea) carriage of bulk crude oil and […]

  • SABIC Expands Its Fleet with Two LNG Powered Tankers (The Netherlands)

    13 November 2012

    Saudi Basic Industries Corporation (SABIC) has commissioned the construction of two sea going gas tankers powered by liquefied natural gas (LNG) to transport its olefins products, in anticipation of a European Union directive to drastically reduce sulphur emissions from vessels operating in the North Sea by 2015. Switching to alternative fuels for ships, such as […]

  • NAT Sinks Deeper into the Red, Eyes Benefits from Tanker Rate Volatility

    13 November 2018
    Business & Finance

    NAT posted a net loss of USD 38 million for Q3, 2018, widening its loss from last year’s USD 34.2 million. 

  • Philly Tankers AS Okays USD 568 Million Resale Deal with Kinder Morgan

    3 September 2015
    Business & Finance

    Majority of investors at the tanker operator Philly Tankers AS have agreed to sell the contracts for four tankers to be built by Aker Philadelphia Shipyard to a subsidiary of the energy infrastructure company Kinder Morgan for USD 568 million. On August 10, Kinder Morgan signed a definitive agreement with Philly Tankers LLC, a U.S. subsidiary of […]

  • Philly Tankers AS Okays USD 568 Million Resale Deal with Kinder Morgan

    3 September 2015
    Business & Finance

    Majority of investors at the tanker operator Philly Tankers AS have agreed to sell the contracts for four tankers to be built by Aker Philadelphia Shipyard to a subsidiary of the energy infrastructure company Kinder Morgan for USD 568 million. On August 10, Kinder Morgan signed a definitive agreement with Philly Tankers LLC, a U.S. subsidiary of […]

  • HGK Shipping names new future-fuel-ready, diesel-electric tanker

    1 November 2024
    Vessels

    German shipping company HGK Shipping, a part of integrated logistics group HGK, has held a naming ceremony for its new future-fuel-ready, diesel-electric tanker.

  • Proman Stena Bulk JV orders 3rd methanol-powered tanker

    10 November 2020
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Transition, Vessels

    Switzerland-based Proman Stena Bulk Ltd has finalized an agreement to build an additional vessel under its joint venture partnership.

  • Stolt-Nielsen Disappointed with 2014

    30 January 2015
    Business & Finance

    London-based provider of bulk-liquid transportation, storage and distribution services Stolt-Nielsen Limited has reported USD 77.1 million net profit in 2014, almost USD 5 million less compared to USD 82 million net profit recorded in 2013. The company had USD 2.14 billion in revenues, slightly above USD 2.1 billion revenue for the previous year. Niels G. Stolt-Nielsen, Chief Executive Officer […]

  • Suezmax Tanker ‘Vladimir Tikhonov’ Completes Transit Along Northern Sea Route

    5 September 2011
    Business & Finance

      On 30 August 2011, the large-capacity “Suezmax” tanker Vladimir Tikhonov, owned by SCF Group (Sovcomflot), passed Cape Dezhnev thereby completing her transit along the Northern Sea Route (NSR) – the most difficult part of the high-latitude route from Europe to Asia through the Arctic. Vladimir Tikhonov is carrying a commercial cargo of over 120,000 […]

  • One Dead, Five Injured in Fire aboard Product Tanker off Shanghai

    4 August 2015
    Business & Finance

    One person died and five were seriously injured when a product tanker carrying 29,000 tons of diesel oil caught fire off Shanghai yesterday afternoon, according to local media. The 2009-built Ye Chi was carrying the oil from Jinshan to Singapore when the fire erupted, reportedly starting in the crew’s living quarters. Shanghai Search and Rescue Center […]

  • India: Owner Untraceable, Salvor Threatens to Sell Tanker MT Pavit

    19 August 2011

      Three days after MT Pavit was towed away from Juhu beach to Dighi port in Raigad for repairs, the ship’s Dubai-based owners… (indianexpress) [mappress] Source: indianexpress, August 19, 2011;

  • MAN ES to provide propulsion system for Essberger’s dual-fuel chemical tankers

    12 November 2021
    Business Developments & Projects, Vessels

    German engine manufacturer MAN Energy Solutions has secured an order for HyProp ECO propulsion solution to power four dual-fuel chemical tankers owned by Hamburg-based tanker operator John T. Essberger.

  • China: Jinhai Heavy Starts Construction of Crude Oil Tanker J0132

    25 October 2011
    Business & Finance

    On Oct.18th the steel cutting ceremony for 320,000 DWT Crude Oil Tanker J0132, which will be built by Zhongji Shipyard as a subsidiary company of Jinhai Heavy Industry, was held at cutting and processing site in joint workshop. Vice President of Zhongji Shipyard Mr. Xia Zhen and Senior Surveyor from ABS Mr. Robinson attended the […]

  • MPA Singapore Extends Mandatory Use of MFM System

    27 April 2018
    Rules & Regulation

    Use of MFM system for delivery of distillate to all bunker tankers in the Port of Singapore to be extended.

  • Maran Gas LNG tanker loading first export cargo from Elba

    11 December 2019
    Ports & Logistics, Vessels

    A Maran Gas LNG tanker is currently loading at Kinder Morgan’s Elba LNG terminal as the facility prepares for its first export.

  • Russian ‘shadow fleet’ tanker sinks, another runs aground in Kerch Strait

    16 December 2024
    Authorities & Government, Environment, Outlook & Strategy, Regulation & Policy, Safety, Vessels

    Two tankers linked to the so-called Russian ‘shadow fleet’ encountered a storm near the Kerch Strait and were heavily damaged. As a result, one of the vessels split into two and sank while the other one ran aground.

  • Greece: Navios Maritime Announces Charters for Five MR2 Product Tankers

    27 January 2012
    Business & Finance

    Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced today that it has chartered out five newbuilding MR2 product tankers. Angeliki Frangou, Chairman and Chief Executive Officer of Navios Acquisition, stated, “By chartering out forward deliveries, we continue our strategy of building long-term cash flow while also securing upside potential through the […]

  • Maran Gas of Greece adds two LNG tankers to its fleet

    25 January 2017
    Vessels

    Maran Gas Maritime, a unit of Greece’s Angelicoussis Shipping Group, has during the month of January taken delivery of two brand new liquefied natural gas (LNG) carriers. The Greek-flagged 174,000-cbm Maran Gas Ulysses was built and delivered at Hyundai Samho, a unit of South Korea’s shipbuilding giant Hyundai Heavy Industries. The second vessel, named Maran […]

  • Supplies depleting onboard Maersk’s tanker stranded at sea after rescuing migrants

    3 September 2020
    Human Capital, Vessels

    Danish-flagged tanker Maersk Etienne has been stuck at sea for almost a month amid a standstill with Maltese authorities that refuse to pick up the migrants the vessel rescued from Tunisian waters at the beginning of August. Maltese officials requested the tanker on August 4 to rescue 27 migrants stranded in Tunisian waters. However, ever since […]

  • 7 stowaways arrested after UK forces take control over suspected hijacked tanker

    26 October 2020
    Authorities & Government, Human Capital, Safety, Vessels

    British armed forces have taken control of the oil tanker Nave Andromeda after seven stowaways reportedly hijacked the vessel in the English Channel over the weekend. The Liberian-flagged tanker arrived into UK waters on Sunday from Lagos, where the stowaways allegedly boarded the vessel. The crew issued a mayday call on October 25, while situated […]

  • Ray Car Carriers linked to order for oil tanker quartet at HD KSOE

    20 March 2024
    Vessels

    British shipping company Ray Car Carriers has been linked to order for four oil tankers at South Korean shipyard HD Korea Shipbuilding & Offshore Engineering (HD KSOE).