10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Croatia: 3. Maj Shipyard Launches New Tanker Built for Wisby Tankers

    16 March 2012
    Business & Finance

    At a ceremony held on March 13, a newbuild 716 was launched from the Slipway No. 2. This is the first of a series of four tankers the shipbuilder 3. Maj has constructed for the Swedish company WISBY TANKERS. The tanker, designed to carry concrete, oil and chemicals, is 133 meters long and 23 meters […]

  • First LNG bunkering for cement tanker Greenland

    23 November 2015
    Vessels

    LNG-powered cement tanker Greenland was bunkered on Saturday for the first time with the chilled fuel at the Ferus Smit Westerbroek Yard in the Netherlands.

  • MacGregor in Tanker Equipment Swoop

    17 April 2015
    Business & Finance

    MacGregor has secured contracts to supply Pusnes bow loading systems for three newbuild shuttle tankers intended for operations in Brazilian waters. South Korean shipyard Sungdong Shipbuilding & Marine Engineering will install a Pusnes bow loading system on a 157,000 dwt Suezmax DP2 shuttle tanker ordered by the Greek tanker specialist Tsakos Energy and Navigation. The Greek […]

  • Greek Tanker Seized in Libya

    29 August 2017
    Business & Finance

    Greek-owned small clean tanker Levante has been seized by Libyan authorities on the grounds of suspected oil smuggling off the Abu Kammash area west of Tripoli, Reuters reports citing a naval official. According to navy spokesman Ayoub Qassem, the Liberian-flagged ship and its 20 crew members, predominantly of Philippine nationality, were detained on Monday as they are […]

  • Aker Philadelphia Sells Tankers to Marathon

    22 September 2015
    Business & Finance

    U.S. shipbuilder Aker Philadelphia Shipyard, Inc. (APSI) has concluded the buy-out agreement with a subsidiary of Marathon Petroleum Corporation (MPC) for APSI’s interest in its joint venture with Crowley Maritime Corporation related to the operation and chartering of four 50,000 dwt product tankers. The transaction is based on an enterprise value of USD 150 million per […]

  • Scorpio Tankers Slides into Red

    13 February 2017
    Business & Finance

    Monaco-based tanker owner Scorpio Tankers has plunged into a net loss of USD 29.7 million for the three months ended December 31, 2016, compared to a net income of USD 34.2 million seen in the same quarter a year earlier. The company’s revenue for the quarter also decreased to USD 106 million from USD 178.3 […]

  • Team Tankers Plunges into Red

    1 March 2017
    Business & Finance

    Due to a decline in charter rates and difficult market environment, Bermuda-based chemical tanker owner and operator Team Tankers International suffered a major drop in its full-year net results. Team Tankers saw a net loss of USD 13.1 million in 2016, compared to a profit of USD 455.4 million posted in 2015. During the fourth quarter […]

  • Advantage Tankers & Advantage Products to Retrofit 16 Tankers with Alfa Laval’s BWMSs

    21 December 2018
    Business & Finance, Rules & Regulation

    Advantage Tankers & Advantage Products team up with Alfa Laval for ballast water treatment retrofits of 16 tankers.

  • Teekay Tankers’ Profit Rises

    19 February 2016
    Business & Finance

    Due to the strongest tanker market recorded since 2008, Nasdaq-listed tanker shipping company Teekay Tankers, a part of the Teekay Corporation, has reported an increase in its net income from USD 40.9 million in the third quarter of 2015 to USD 53.5 million in the fourth quarter. The company added that its net income for the full […]

  • Advantage Tankers to welcome new eco-friendly tankers as global fleet balloons

    27 January 2025
    Vessels

    As the number of newbuild tankers to be welcomed in 2025 swells, Swiss shipping player Advantage Tankers is gearing up to expand its fleet with a dual-fuel 319,000 dwt crude oil tanker and a dual fuel-ready 157,000 dwt Suezmax tanker trio. It is understood that the 319,000 dwt newbuilding is currently under construction at China’s […]

  • Sinanju Tankers takes delivery of Marine Vicky

    14 January 2020

    Sinanju Tankers Holdings said it has taken delivery of Marine Vicky, Singapore’s first LNG-fueled bunkering vessel from the Keppel Nantong shipyard in China. 

  • Scorpio Tankers Buys Back

    29 May 2015
    Business & Finance

    New York-listed Scorpio Tankers Inc. authorized a new securities buyback program to purchase up to an aggregate of USD 250 million of the company’s common stock and bonds. The program includes convertible senior notes due 2019, unsecured senior notes due 2020 and unsecured senior notes due 2017, which were issued in October 2014. This program replaces the company’s stock buyback […]

  • Suezmax Tanker on Auction in Singapore

    30 March 2017

    Suezmax crude oil tanker Ambassador, which was arrested on January 19 in Singapore waters, has been put up for auction, according to Supreme Court of Singapore’s data.  The court’s data shows that the closing date for bids for the 153,000 dwt vessel is April 12, 2017. The net value of bunkers on board Ambassador is SGD […]

  • Tanker Grounds in Greek Waters

    18 March 2019

    A small clean tanker ran aground near the Port of Gavrio, Andros island in Greece.

  • Bunker One Expands to Caribbean with Bunker Tanker Waltz

    30 May 2019

    The vessel is starting operations in Freeport, the Bahamas, on June 1.

  • Namegiving of Svithoid Product Tanker

    15 September 2006

    On September 15, 2006 the namegiving ceremony of the LMG34PT project product carrier took place at the shipyard owned by SRC Laevaremondi OU, Tallinn. The tanker was built to the order of the Swedish company Svithoid Tankers AB. The tanker hull was constructed at the III International Shipyard. The construct was signed in October 2004.

  • Tanker Market Fundamentals Improving

    7 August 2014
    Business & Finance

    Crude tanker spot rates in the second quarter of 2014 averaged approximately 20 to 30 percent higher compared to the same period of 2013, reflecting improving tanker market fundamentals and higher fleet utilization compared to the previous year, according to Tanker Investments Ltd. Since the beginning of the third quarter of 2014, Aframax and Suezmax spot […]

  • DryShips Offloads Tanker Fleet

    31 March 2015
    Business & Finance

    Owner and operator of ships DryShips Inc. has entered into firm sales agreements with entities controlled by the company’s Chairman and Chief Executive Officer, George Economou, to sell its four Suezmax tankers. The tanker fleet, comprised of Vilamoura, Lipari, Petalidi and Bordeira, is to be sold for an en-bloc sales price of USD 245 million. […]

  • Infograph: Tanker Sizes 101

    17 September 2014

    The global crude oil and refined product tanker fleet uses a classification system to standardize contract terms, establish shipping costs, and determine the ability of ships to travel into ports or through certain straits and channels, T. Mason Hamilton of U.S. Energy Information Association explains. This system, known as the Average Freight Rate Assessment (AFRA) […]

  • Demand for Tanker Newbuilds Subdued

    10 April 2015

    Newbuilding contracting of tankers has slowed in the first quarter of the year to the lowest levels recorded since 2012, according to McQuilling Services quarterly review of tanker orderbook. The marine transportation consultancy said that through March 52 orders have been placed, the bulk of which were Suezmax tankers, followed by the Aframax and LR1 […]

  • Maersk sells tanker business

    20 September 2017

    Following a recent deal to sell its oil business, Danish shipping giant Maersk has now reached an agreement to sell its Maersk Tankers unit. The company said on Wednesday it would sell the shares in Maersk Tankers to APMH Invest A/S (APMHI) for USD 1,171 mill. on a debt and cash-free basis. APMHI is a […]

  • Demand for Tankers Outstripping Supply

    15 December 2014
    Business & Finance

    Stronger freight rates in the tanker market may bring about some positive trends for the first quarter of 2015, if lower oil prices can continue to generate higher demand for product tankers, BIMCO said. The stronger freight market has been attributed to the supply side, in particular the newbuilding side of it, because the crude […]

  • Bahri Adds Two Tankers

    4 May 2015
    Business & Finance

    The tanker shipping arm of the National Shipping Company of Saudi Arabia (Bahri), National Company for Chemicals Shipping, signed on Thursday a memorandum of understanding to purchase two tankers. Under the deal, NCC will pay USD 28.5 million dollars per tanker. The duo, MS Berganger and MS Brimanger, was previously owned by Norwegian shipping company […]

  • Product Tanker Giant Is Created

    18 January 2019
    Business & Finance

    BW Tankers Limited and Hafnia Tankers have completed their merger.

  • New CEO at Teekay Tankers

    28 May 2014
    Business & Finance

    Teekay Tankers Ltd. has announced the appointment of Mr. Kevin J. Mackay as Chief Executive Officer (CEO) of Teekay Tankers, effective June 20, 2014. Mr. Mackay will join Teekay Tankers from Phillips 66 Corporation, where he is currently head of the global marine business unit for this industry-leading downstream company. Teekay’s new CEO said, “Teekay Tankers […]