10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Stolt Tankers: CII is causing headaches for chemical tankers

    14 December 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    Norwegian shipping company Stolt–Nielsen Limited has joined the critics of the International Maritime Organization’s (IMO) Carbon Intensity Indicator (CII), which comes into force in January 2023. The company explained why the CII is causing headaches for the chemical tanker segment and may even prove counter-productive when it comes to reducing carbon emissions. The CII is a yearly measure of […]

  • Long-term, project-based contracts lead South Korean cable maker to ‘record order backlog’

    18 September 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vision

    South Korean Taihan Cable & Solution has reported a record order backlog of KRW 3.25 trillion (approximately €2  billion) as of the end of August, surpassing KRW 3 trillion for the first time ever and marking an all-time high. This represents a 3.5-fold increase from KRW 945.5 billion at the end of 2020, just before […]

  • LR2 Product Tanker Joins Scorpio Tankers’ Fleet

    4 February 2015
    Business & Finance

    Scorpio Tankers has taken delivery of STI Alexis, an LR2 product tanker from Daehan Shipbuilding Co. Ltd. This vessel has been chartered out and is set to begin a voyage for 52 days at approximately USD 33,500 per day. The company has also exercised an option to extend the charter on one of its time […]

  • NYK Stolt Tankers Orders New Parcel Tanker

    14 November 2013
    Business & Finance

    NYK Stolt Tankers S.A. (NST), launched as a joint venture company by NYK and Stolt Tankers B.V., the tanker division of Stolt-Nielsen Limited, a Norwegian business group, has ordered a 38,000 deadweight ton parcel tanker from Hudong-Zhonghua Shipbuilding (Group) Co. Ltd.. On October 29, the shipbuilding company held a signing ceremony that was attended by […]

  • Navig8 Product Tankers Adds New LR1 Tanker

    9 October 2016
    Business & Finance

    Shipping company Navig8 Product Tankers has taken delivery of the 74,000 dwt LR1 tanker Navig8 Precision from South Korean shipbuilder SPP Shipbuilding. Navig8 Precision, the third of four vessels contracted at SPP to be delivered to the company, will be entered into and operated in Navig8 Group’s LR8 commercial pool. The tanker is the first vessel […]

  • Scorpio Tankers Buys Four Navig8 LR1 Tankers

    16 June 2017
    Business & Finance

    Monaco-based tanker owner Scorpio Tankers has completed the acquisition of four LR1 tankers from Navig8 Product Tankers. Scorpio Tankers purchased the quartet for USD 42.2 million in cash consideration and assumed debt of USD 113.8 million. The move is part of definitive agreements to merge, signed between the shipowners in late May. The cash is expected […]

  • Stream Tankers Increases Its Order to Five Tankers

    24 February 2014
    Business & Finance

    Stream Tankers AS, has increased its orders to five 19,900 dwt. newbuildings with Fukuoka Shipbuilding Co. Ltd. and Shitanoe Shipbuilding Co. Ltd. in Japan. Furthermore, Stream Tankers has options for an additional three vessels at the shipyards. The newbuildings will be of the new Fukuoka/Shitanoe eco-design hulls and combined with modern efficient engines will give […]

  • Scorpio Tankers Eyes Option on LR2 Tanker Trio

    30 April 2015
    Business & Finance

    New York-listed Scorpio Tankers intends to issue 15,000,000 shares of its common stock, through an underwritten public offering, earmarking the net proceeds for acquisition of new vessels. Scorpio said that all of the net proceeds are expected to be used to fund a portion of the acquisition costs of additional modern product tankers, which may include three LR2 product tankers that […]

  • Terntank returns to Econowind for wind-assisted propulsion on two more ships

    28 July 2025
    Business Developments & Projects, Equipment, Infrastructure, Technology, Vessels

    Following ‘strong performance results’ from the first installations, Swedish shipping company Terntank has decided to equip two additional methanol-ready hybrid tankers with wind-assisted propulsion systems from Dutch specialist Econowind.

  • Chinese shipyard starts building Stolt Tankers’ future-proof stainless steel vessels

    16 July 2025
    Business Developments & Projects, Infrastructure, Vessels

    Wuhu Shipyard, part of China State Shipbuilding Corporation (CSSC), has commenced the construction of the first 38,000 dwt stainless steel tanker for Norwegian ship operator Stolt Tankers.

  • Navig8 Chemical Tankers Lifts Option for Chemical Tanker

    26 December 2019
    Business & Finance

    Navig8 Chemical Tankers declares option to purchase a 2015-built chemical tanker from Ocean Yield.

  • Third LR2 Tanker Joins Navig8 Product Tankers

    20 January 2016
    Business & Finance

    Shipping company Navig8 Product Tankers, part of Navig8 Group, has taken delivery of its third LR2 110,000 dwt product tanker from South Korean shipbuilder Sungdong Shipbuilding & Marine Engineering Co., Ltd. The new vessel, named Navig8 Solace, will be entered into and operated in the Alpha8 commercial pool, managed by the Navig8 Group. The company has so […]

  • MOL Teams Up with Asahi Tanker on MR Tanker Pool

    21 January 2019
    Business & Finance

    Mitsui O.S.K. Lines and Asahi Tanker Co. have signed a contract to establish a pool operation company.

  • Nordic American Tankers to Acquire New Suezmax Tanker

    21 March 2013
    Business & Finance

    On March 20, Nordic American Tankers Limited (NAT) announced that the company has entered into a preliminary agreement to acquire its twenty-first vessel, a very modern double-hull Suezmax tanker delivered from a top yard in South Korea earlier this year. The agreed purchase price is in the region of $55 million. This first class vessel […]

  • Aurora, GSB Tankers set up chemical tanker partnership

    5 July 2021
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy

    Aurora Tankers, a wholly-owned subsidiary of IMC Industrial Group (IMC), has joined forces with Golden Stena Baycrest Tankers (GSB) to manage and operate stainless steel tankers.

  • France: Scorpio Tankers Hires Two Product Tankers

    30 November 2012
    Business & Finance

    Scorpio Tankers Inc.  announced Thursday that it has agreed to time charter-in two product tankers. The terms of the contracts are summarized as follows: A 2003 built LR1 product tanker will be time chartered-in for two years at $11,250 per day with a 50% profit sharing provision whereby the company splits any of the vessel’s […]

  • Stream Tankers Returns to Japan for Two Chemical Tankers

    11 July 2016
    Business & Finance

    Norwegian company Stream Tankers has placed an order for two 19,900 dwt chemical tankers at the Japanese shipbuilder Fukuoka Shipbuilding on July 5, according to data provided by VesselsValue. The vessels are scheduled for delivery in 2018 and 2019, respectively. Under the contract, the company has an option to order two additional 19,900 dwt chemical tankers, […]

  • Maersk Tankers sells 6 new LR2 product tankers

    15 April 2021

    Maersk Tankers has on behalf of Maersk Product Tankers entered into a deal to sell six new Long-Range 2 (LR2) product tankers in an en-bloc transaction. The company said that the transaction was in line with Maersk Product Tankers’ asset strategy of continually adjust the fleet size and composition to ‘generate financial returns for investors […]

  • Asahi Tanker orders world’s 1st zero-emission tankers

    9 October 2020
    Business & Finance, Environment, Transition, Vessels

    Japanese shipping firm Asahi Tanker Co. has placed an order for the construction of two electrically-powered tankers. Japanese shipbuilders Koa Sangyou Co and Imura Zosen KK will be in charge of constructing one vessel each, while Kawasaki Heavy Industries will serve as the system integrator for the duo. The two ships, described as the world’s […]

  • Thun Tankers launches second eco R-class tanker

    7 May 2024
    Vessels

    Swedish shipping company Thun Tankers, part of the Erik Thun Group, has launched the second in a series of six new eco R-class tankers.

  • Teekay Tankers Pens Sale-Leaseback Deal for 7 Tankers

    17 May 2018
    Business & Finance

    Teekay Tankers has signed a term sheet for a sale-leaseback financing transaction for seven tankers.

  • Brokers: Ocean Tankers Pens Order for Six Chemical Tankers

    28 November 2017
    Business & Finance

    Ocean Tankers has been tied to an order for up to ten small chemical tankers at Chinese yard Fujian Mawei Shipbuilding Ltd. The order is comprised of six firm plus four optional 11,000 dwt chemical tankers slated for delivery in 2019 and 2020, according to Clarksons Platou Shipbroking. The price details of the deal have not been […]

  • Stolt Tankers buys two fuel-efficient chemical tankers

    21 March 2023
    Equipment

    Norwegian tanker operator Stolt Tankers, a subsidiary of Stolt-Nielsen, has decided to purchase two fuel-efficient stainless steel chemical tankers.

  • Maersk Tankers name new chemical/product tanker

    12 June 2007

    On Tuesday, 12 June 2007, the naming of the newest vessel, a chemical/product tanker of 16,500 tonnes, took place. The vessel was built at the Jiangnan shipyard for the A.P. Moller – Maersk Group.

  • Scorpio Tankers Announces Charter-In Agreement for LR2 Product Tanker

    5 December 2012
    Business & Finance

    Scorpio Tankers Inc. announced yesterday that it has agreed to time charter-in a 2008 built LR2 product tanker (115,406 DWT). The vessel will be chartered-in for six months at $16,000 per day, and Scorpio Tankers has options to extend the charter for three consecutive six month periods at $16,250 per day, $16,500 per day, and […]