10000 results found for 'tanker'

10000 results found for 'tanker'
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  • 10 February 2011
    Business & Finance, Equipment

      The 27th January 2011 was a milestone in the development of the unique Remora HiLoad DP as it completed its final sea trials before live field implementation. HiLoad is a revolutionary deepwater offshore loading terminal, made possible by innovative vessel design and the use of a cutting-edge Kongsberg Maritime Integrated Automation System (IAS). Built […]

  • 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 […]

  • 31 January 2014
    Business & Finance

    Damen Shiprepair Brest (France) received a booking for the dry-docking and repairs of two shuttle tankers managed by Knutsen NYK Offshore Tankers A/S. The 88,109 GRT sister vessels Karen Knutsen and Sallie Knutsen expect to arrive end February and Middle of March respectively. Damen Brest’s Managing Director Jos Goris commented: “We are very pleased with […]

  • 6 July 2011
    Vessels

    On July 6, NYK Line and Tokyo LNG Tanker Co. Ltd., a wholly owned subsidiary of Tokyo Gas Co. Ltd., held a naming ceremony for a jointly owned LNG carrier being built at the Sakaide Shipyard of the Kawasaki Shipbuilding Corporation. At the ceremony, Tsuyoshi Okamoto, the president of Tokyo Gas Co. Ltd., named the […]

  • 2 January 2017
    Vessels

    Picture of the day: first LNG tanker passing through expanded Panama Canal The 161,870-cbm Maran Gas Apollonia, chartered by the Hague-based LNG giant Shell, is the first LNG tanker to transit the newly expanded Panama Canal connecting the Atlantic and Pacific oceans. Picture of the day: Yamal LNG project progresses Novatek-led US$27 billion Yamal LNG […]

  • 11 May 2017
    Business & Finance

    Greek shipowners placed the highest number of newbuilding orders so far this year, as these companies ordered a total of 35 new bulkers and tankers since the start of 2017, according to VesselsValue. Globally only 119 orders have been placed. Greece leads the way, followed by the US with 14 new contracts and Singapore on the […]

  • 1 June 2015
    Business & Finance

    Teekay Offshore Partners plans to spend USD 365 million on three Suezmax, DP2 shuttle tanker newbuilds at an unnamed South Korean shipyard to serve the recently signed long-term contract for the transportation of oil offshore Canada. Teekay Offshore has an option to order one additional vessel should a fourth vessel be required. The three firm vessels […]

  • 23 June 2011

    Teekay Offshore GP L.L.C., the general partner of Teekay Offshore Partners L.P. , announced today that it has entered into a new long-term contract with a subsidiary of BG Group plc (BG) to provide shuttle tanker services in Brazil. The contract with BG will be serviced by four Suezmax-size DP2 shuttle tanker newbuildings to be […]

  • 1 June 2023
    Business Developments & Projects, Carbon Capture Usage & Storage, Outlook & Strategy, Vessels

    Technology and engineering group Sener has completed the conceptual design of a new model of sustainable tanker that can carry heavy fuel oil (HFO), very low sulfur fuel oil (VLSFO), biofuels and marine gas oils (MGO), and can also store the captured CO2 from nearby vessels. According to Sener, the design features a complete emission […]

  • 8 May 2015
    Business & Finance

    Hong Kong tanker owner and operator Parakou Tankers, Inc. (PTI) and Nasdaq-listed blank-check company Cambridge Capital Acquisition Corporation (CAMB) have decided to terminate their proposed merger as they could not agree upon the final terms of the deal. PTI said that the deal-breaker was the failure to agree on issues related to the structure of the transaction, even though investors were favorably […]

  • 27 January 2016
    Business & Finance

    Sweden’s tanker shipping company Stena Bulk’s chemical and product tanker Stena Imperative was named at China Merchants Wharf in Hong Kong yesterday. The IMOIIMAX MR tanker, wholly owned by Stena Bulk, was delivered a few days ago from the Chinese shipyard CSSC Offshore & Marine Engineering (CSSC OME) in Guangzhou. Stena Imperative’s maiden voyage will see the vessel […]

  • 3 April 2011

      The Al Kharaitiyat LNG carrier, with a capacity of 216,000 cubic metres, is due to arrive in the UK’s South Hook terminal April 10, according to the Milford Haven Port Authority website. The South Hook terminal can process 15.6 million tonnes of LNG a year and is capable of delivering 21 billion cubic metres […]

  • 4 October 2011

    On September 28th, 2011, CIC Changxing Shipyard successfully completed the repairing project of M/T Xin Ping Yang. The captioned vessel is 300,000DWT tanker whose classification is ABS, size:330m*60m*28.9m. She went into the shipyard on September 8th, 2011 for repairing. The main jobs were mending by replacing of some internal members in No.1-No.5 ballast water tanks […]

  • 1 April 2021
    Business Developments & Projects, Operations & Maintenance

    The Norwegian company, CRYO Shipping has made the move to establish an LNG bunkering service in South East Asia.

  • 4 April 2014
    Business & Finance

    d’Amico International Shipping, a pure product tankers player operating in MR1 and MR2 sectors, has, through its subsidiary d’Amico Tankers Limited (Ireland), signed a $73.2 million contract for the construction of two Handysize “Eco” vessels. These 50.000 dwt “ECO Design” tankers will allow fuel savings of 6/7 tons per day compared to the older designs. They will be […]

  • 19 September 2017
    Business & Finance

    Image Courtesy: Skangas Skangas’ Coralius has bunkered a vessel with liquefied natural gas (LNG) for the first time.  The operation took place in international waters, Northern Kattegat, in the middle of the sea between Frederikshavn, Denmark, and Gothenburg, Sweden. The receiving vessel, Fure West, is an oil and chemical tanker owned by the Swedish shipping […]

  • 13 November 2014
    Business & Finance

    Norwegian shipping and tank terminal company Odfjell expects fourth quarter of 2014 to improve from the third quarter for its chemical tanker fleet amid a slightly stronger market.  The company also attributed the brighter outlook to contract renewals, lower bunker costs and a reduced cost base. With regard to terminals, Odfjel said it expects improved results […]

  • 16 August 2016
    Business & Finance

    Greek tanker owner and operator Tsakos Energy Navigation (TEN) has taken delivery of the Aframax crude tanker Thomas Zafiras from Romania-based shipbuilding company Daewoo Mangalia Heavy Industries (DMHI). The 112,700 dwt vessel will immediately enter a long term charter contract with oil and gas major Statoil which could generate gross revenues in excess of USD 100 million, TEN […]

  • 27 October 2016
    Business & Finance

    Another merchant vessel was attacked by pirates and fired at off the coast of Yemen while it was transiting the Bab-el-Mandeb Strait, Al Arabiya cited Brigadier General Ahmad Hassan Asiri. Namely, the pirates reportedly fired a rocket-propelled grenade (RPG) at the 1997-built oil tanker Melati Satu, which is sailing to the Indian Port of Chennai. […]

  • 2 August 2015
    Business & Finance

    Egypt Says New Suez Canal Ready for Business New Suez Canal is completed and ready to officially receive its first ships, according to Suez Canal Authority chairman Mohab Mameesh…. Read more Korean Big Three Hit Hard in Q2 South Korean shipbuilding giants Hyundai Heavy Industries (HHI), Daewoo Shipbuilding and Marine Engineering (DSME) and Samsung Heavy […]

  • 10 February 2016

    Six new Very Large Crude Carriers indicate that 2016 is off to a flying start when it comes to delivering brand new VLCCs from shipyards in South Korea and China to owners and investor across the globe, according to BIMCO. The six new VLCCs were delivered in a strong winter market. Having reduced slightly, since the […]

  • 7 February 2012
    Business & Finance

    Independent Tankers Corporation Limited (ITCL) announces that BP Shipping Limited has extended the charter for the VLCC British Progress. The charter will be extended for one additional year and the vessel will trade on a market rate with a minimum bareboat rate of $20,000 per day until February 2, 2014. Independent Tankers Corporation Limited is […]

  • 12 May 2020
    Vessels

    Nasdaq-listed tanker owner TOP Ships has acquired three Medium Range (MR) tankers that are being built at the Hyundai Mipo shipyard in South Korea. The ships were bought in an $18 million acquisition from a company affiliated with the company’s Chief Executive Officer Evangelos J. Pistiolis. The ultra-high specification scrubber-fitted 50,000 dwt eco MR product/chemical tankers […]

  • 21 September 2007

    Concordia Maritime’s product tanker Stena President – the fifth of ten tankers in the P-MAX series – will be named today. The naming ceremony will be held at Brodosplit Shipyard out-side Split. After her delivery, the tanker will enter a 10-year charter with Argo Shipping and transport oil from e.g. ports in the Baltic Sea […]

  • 5 November 2015
    Business & Finance

    Bermuda-based Teekay Corporation reported USD 12.2 million net loss attributable to shareholders for the quarter ended September 30, driven largely by losses accumulated through one of the company’s publicly-listed subsidiaries, Teekay Offshore Partners L.P, and declining net income at Teekay LNG Partners. Teekay Offshore Partners L.P. posted USD 51.3 million net loss in the third quarter of 2015, […]