10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Hafnia to cut emissions with drone deliveries

    26 September 2022
    Business Developments & Projects, Collaboration, Green Marine, Technology

    Singapore-based tanker owner and operator Hafnia Tankers has entered into an agreement with compatriot F-Drones to use drones for the delivery of goods to the company’s vessels. Under the agreement signed in September, Hafnia will use drones for deliveries to Singapore-based vessels, the company said adding that the deliveries would depend on the right circumstances. “F-drones […]

  • Drewry: MR Charter Rates to Drop amid Falling Freight Rates

    3 August 2016

    Time charter rates in the smaller chemical tanker vessel sizes are expected to remain stable over the next two years, but rates for the larger sizes, especially Medium Range tankers (MRs), will decline due to the impact of falling freight rates for clean petroleum products (CPP), shipping consultancy Drewry said. Weakened chemical tanker freight rates in the […]

  • K Shipbuilding to use Alfa Laval’s air lubrication systems in tanker newbuild projects

    11 March 2024
    Business Developments & Projects, Technology

    Swedish sustainable solutions provider Alfa Laval has signed the first memorandum of understanding (MOU) for OceanGlide installations with Korean shipbuilding company K Shipbuilding (KSB).

  • Parakou, Cambridge Agree on Merger

    2 December 2014
    Business & Finance

    Blank check company Cambridge Capital Acquisition Corporation and privately-held tanker owner Parakou Tankers, Inc. have entered into a merger agreement. The deal stipulates that Parakou will become a publicly listed company through a merger transaction with Cambridge. Once the transactions are completed, Cambridge will be merged with and into a newly formed Marshall Islands company and […]

  • Croatia: 3. MAJ on Track to Deliver Yard No. 717 on Time

    8 February 2013

    Construction works on Yard No. 717, the second in a series of four tankers that the shipbuilder 3. MAJ is constructing for the Swedish owner WISBY TANKERS, are in full swing in order to meet delivery deadline of February 2013. The sea trials for the vessel are set for February 13th 2013. The tanker, designed […]

  • SLNS Samudura and Chemical Tanker ‘Fairchem Sabre’ Save 73 Stranded Sri Lankans

    31 July 2013
    Business & Finance

    The Sri Lanka Navy’s Offshore Patrol Vessel Samudura brought all the 73 stranded Sri Lankans ashore safely on 26th July 2013. On the notification of the Navy, a merchant vessel heading for Singapore had rescued them 290 nautical miles south east of Galle around noon on 24th of July. The Navy alerted the merchant vessels […]

  • S&P Global introducing carbon-accounted tanker assessments under EU ETS

    27 July 2022
    Business Developments & Projects, Regulation & Policy, Rules & Regulation

    Starting on 1 August, S&P Global Commodity Insights, a provider of energy and commodities information, will launch daily Platts price assessments for freight emissions under the European Union’s Emissions Trading System (ETS). As explained, the new assessments will show the cost of carbon dioxide emissions from fuel combustion to transport crude or fuel oil on […]

  • Performance Shipping inks construction deal for LNG-ready LR2 Aframax duo

    21 December 2023
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    Greek tanker owner Performance Shipping has signed two contracts with China Shipbuilding Trading Co. and Shanghai Waigaoqiao Shipbuilding for the construction of two 114,000 dwt LNG-ready LR2 Aframax product/crude oil tankers. The oil tanker vessels are expected to be delivered in January and April of 2026, at a purchase price of $64,845,000 per vessel. The vessels will […]

  • Fifth IMOIIMAX Joins Stena Bulk’s Fleet

    22 January 2016
    Business & Finance

    Swedish tanker shipping company Stena Bulk has taken delivery of its new IMOIIMAX chemical and product tanker Stena Imperative from the Chinese shipyard CSSC Offshore & Marine Engineering (CSSC OME) in Guangzhou. Featuring 18 tanks, each with a capacity of 3,000 m3, the vessel has extra large cargo flexibility, high safety and low fuel consumption, according to the owner. […]

  • Xingang Port in Dalian reopens following last week’s oil spill

    23 July 2010

    An oil tanker docked at the Xingang Port in Dalian Thursday morning, the first tanker to enter Xingang following a pipeline explosion there one week ago. The tanker is scheduled to pick up 35,000 tons of oil from Xingang at Xingang Port. The ship arrived two days after authorities lifted a partial ban Tuesday on […]

  • Repsol hits milestone with Fure Vinga LNG bunkering

    12 March 2021
    Infrastructure, Vessels

    Spanish oil company Repsol has reached a milestone as it bunkered Furetank Rederi’s chemical tanker Fure Vinga at Cartagena.

  • First newbuilding hits the water at Russia’s Zvezda

    14 May 2020
    Vessels

    Russia’s huge new shipbuilding complex Zvezda has launched its first vessel, an Aframax tanker named Vladimir Monomakh. The dual-fuel tanker, running on traditional fuel and liquified natural gas, is designed to carry oil in unrestricted navigation. The ice-class ICE-1A vessel features a length of 250 metres, width of 44 metres, deadweight 114 thousand tonnes, and […]

  • NAT Sends Suezmax on 30 Month Charter

    16 June 2016
    Business & Finance

    Bermuda-based tanker owner Nordic American Tankers (NAT) has entered into a 30-month charter contract with a subsidiary of the US oil and gas firm ExxonMobil for one of the NAT Suezmaxes. The company said that the firm period of the charter is 18 months with an option of further 12 months. The gross revenue from the contract […]

  • NAT Disposes of Three More Suezmax Oldies

    8 June 2018
    Business & Finance

    Nordic American Tankers (NAT) revealed plans to sell three older Suezmax tankers. 

  • STX Offshore to Build up to Six VLCCs for John Fredriksen

    22 June 2015
    Business & Finance

    South Korean shipbuilder STX Offshore & Shipbuilding has received a firm order to build two 300,000 dwt Very Large Crude Carriers (VLCC), with four additional options, for the shipping magnate John Fredriksen. The tankers will be 300 meters long, 60 meters wide and 30 meters tall. The first two tankers will be delivered in the […]

  • Sovcomflot Holds Naming Ceremony for Its Newbuild VLCC

    18 November 2013
    Business & Finance

    On 7 November 2013 a naming ceremony took place for Svet, the first VLCC (Very Large Crude Carrier) in the Russian merchant fleet. The 320,000 tonnes deadweight tanker was constructed at the Bohai Shipbuilding Heavy Industry shipyard (Huludao, China) and is the first in a series of vessels of this type ordered by SCF Group […]

  • New Times Shipbuilding launches LNG dual-fuel bulker for EPS

    21 May 2024
    Vessels

    Chinese shipbuilder New Times Shipbuilding has launched the liquefied natural gas (LNG) dual-fuel bulker for Singapore-based shipowner Eastern Pacific Shipping (EPS).

  • Wartsila and Tarbit Shipping sign contract to convert tanker to LNG operation for reduced NOX emissions

    31 August 2010

    Wärtsilä, the marine industry’s leading ship power solution provider, has signed a turnkey contract with Tarbit Shipping of Sweden to convert a product tanker to LNG propulsion, and to supply the ship with a Wärtsilä LNGPac system for the safe and convenient storage of LNG onboard. This is the first order for a Wärtsilä LNGPac […]

  • UAE Bans Two Tankers from its Waters after Illegal Ship-to-Ship Oil Transfers

    4 April 2019
    Rules & Regulation

    FTA has warned the companies involved against repeating the actions.

  • UAE: DMCA Facilitates Successful Rescue of Troubled Crew Members of Stranded Oil Tankers

    4 July 2011
    Business & Finance

      Dubai Maritime City Authority (DMCA), the maritime government entity charged with regulating, coordinating and supervising the maritime sector in Dubai, has announced that it has successfully facilitated the safe repatriation of crew members of one of the non-operational Korean oil tankers stranded in Dubai’s waters. In coordination with the Dubai Port Police, and other […]

  • Update 2: Body of One Missing Mariner Found as Fears of Tanker Exploding Heat Up

    8 January 2018

    A body of one of the 32 missing mariners has been found on board the Iranian tanker Sanchi burning off China.

  • BW Pacific Inks LR1 Sale and Leaseback Deals

    25 October 2016
    Business & Finance

    Singapore-based product tanker owner and operator BW Pacific has entered into sale and leaseback agreements for two 72,800 dwt LR1 tankers, according to data provided by VesselsValue. BW Pacific’s spokesperson confirmed that this deal has taken place, but was not able to provide further comment. The vessels in question are reportedly the 2006-built Compass and Compassion […]

  • Stolt-Nielsen Off to a Good Start

    9 April 2015
    Business & Finance

    Oslo-listed shipowner Stolt-Nielsen Limited reported net profit attributable in the first quarter of $38.7 million, with revenue of $487.7 million, more than doubling figures in the fourth quarter of 2014. Results for the first quarter included a gain of $16.4 million, net of tax, resulting from the curtailment of the company’s U.S. defined benefit pension plan, […]

  • Fueling the future: KSB’s ammonia dual fuel MR tanker concept secures stamp of approval

    13 January 2025
    Certification & Classification, Collaboration, Regulation & Policy, Vessels

    South Korea’s shipbuilder K Shipbuilding (KSB) has recently received the go-ahead for an ammonia dual-fuel medium-range petrochemical carrier from the classification society American Bureau of Shipping (ABS). As disclosed, the South Korean maritime industry player secured the green light via an approval in principle (AiP) from ABS on the 30th of last month. According to […]

  • Gallery: Palmetto State Returns from Sea Trials

    29 May 2017
    Business & Finance

    Image Courtesy: NASSCO Palmetto State, the eight and final tanker constructed at US-based shipyard General Dynamics NASSCO, returned from its first run at sea last week.  Built for American Petroleum Tankers (APT), the newbuilding was christened and launched on March 25. Back in 2013 and 2014, NASSCO entered into agreements with two companies, APT and SEA-Vista […]