10000 results found for 'tanker'

10000 results found for 'tanker'
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  • McKeil Marine Buys 5th Ship in 13 Months

    19 March 2020
    Business & Finance

    Canada’s McKeil Marine acquires the Adfines Sea, an intermediate-sized ice class 1A product tanker.

  • Gallery: Stena Bulk Names Twin Newbuilds

    23 August 2017
    Business & Finance

    Image Courtesy: Stena Bulk Swedish tanker shipping company Stena Bulk has named Stena Imperator and Stena Imprimis, the eleventh and twelfth of the company’s thirteen IMOIIMAX tanker newbuildings.  The christening ceremony was held at Guangzhou Shipbuilding International (GSI) shipyard in Guangzhou, southeast China. Both 50,000 dwt vessels, which feature a length of 183 meters and a […]

  • Stena Bulk on IMOIIMAX Ordering Spree

    24 November 2015
    Business & Finance

    Swedish tanker shipping company Stena Bulk has placed an order for three 50,000 dwt IMOIIMAX MR tankers with the Chinese shipyard CSSC Offshore & Marine Engineering (CSSC OME) in Guangzhou. The company said that it has also taken out an option on a further two vessels. The total value of the order is USD 200 […]

  • Pallas Shipping´s New Tanker to Start Maiden Voyage from Turkey to Sweden in October

    30 September 2011
    Business & Finance

      Pallas Shipping´s new tanker M/T Pallas that are ordered at Akdeniz Shipyard was launched to everyone´s delight August 29. Then towed the vessel to the yard berth where the final adjustments, etc. will be implemented. Delivery will take place October 5. Then begin the M/T Pallas its maiden voyage from Turkey to Sweden where […]

  • Greece: DryShips Inc Secures USD 141 Million Loan to Finance Tankers Construction Costs

    26 October 2011

    DryShips Inc, a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, announced the signing of a $141 million syndicated secured term loan facility to partially finance the construction costs of the tankers Belmar, Calida, Lipari and Petalidi. The Lead Arrangers are The Export-Import Bank of Korea […]

  • International Seaways to Buy Suezmax Newbuilding Duo

    29 June 2017
    Business & Finance

    US-based tanker shipping company International Seaways has entered into an agreement to acquire two Suezmax tanker newbuildings constructed at Hyundai Samho Heavy Industries shipyard. The vessels are expected be delivered by the end of July 2017, International Seaways said, adding that the acquisitions would be funded from available liquidity. The purchase remains subject to customary closing conditions. According […]

  • Ocean Yield Takes Delivery of Navig8 Aquamarine

    25 June 2015
    Business & Finance

    Oslo-listed shipowning company Ocean Yield ASA has taken delivery of the 37,000 dwt IMO II chemical tanker “Navig8 Aquamarine” from Korean shipbuilder Hyundai Mipo Dockyard. After being delivered from the shipyard today, the vessel commenced a 15 years “hell and high water” bareboat charter to Navig8 Chemical Tankers Inc, the company said. This is the […]

  • Wärtsilä seals and bearings cover 90% of Chinese SWS shipyard’s new-build business

    18 January 2007

    Wärtsilä is supplying air/oil lubricated sterntube seals and bearings to Chinese shipyard Shanghai Waigaoqiao Shipbuilding (SWS) for a series of new tankers under construction by SWS for Singapore-based Ocean Tankers. A complete Wärtsilä package of JMT Airguard seals, sterntube bearings, and shaftline bearings, was ordered in October and December 2006 for installation in the first […]

  • Completion of second Ethylene-Carrier

    3 December 2007

    The second ethylene tanker out of a series of four was delivered by Meyer Werft to the Norwegian shipping company Solvang ASA (Stavanger). This ship is the 50th gas tanker the shipyard has built since 1963. Meyer Werft has specialised in the construction of LPG and ethylene carriers. The LEG/LPG tankers for the Norwegian company […]

  • Delivery of TIL’s Suezmaxes Delayed

    13 July 2015
    Business & Finance

    Oslo-listed Tanker Investments Ltd said that the deliveries of the six second-hand Suezmax tankers purchased in December 2014 have been pushed back for early third quarter of 2015 instead of the first half of the year. The fleet consists of four, 2009-built and two, 2010-built Suezmaxes constructed by Rongsheng Heavy Industries Group Ltd. acquired for […]

  • AET Gets Statoil Contract, Norway

    17 September 2012

    AET, a leading global owner and operator of a fleet of 82 petroleum tankers, has agreed to enter into a long-term contract with Norwegian energy giant Statoil ASA to operate two specialists DP2-type shuttle tankers. The vessels will be operated through a joint venture company, AET Sea Shuttle AS, formed between AET and leading offshore […]

  • Gasum’s Coralius Marks Bunkering Milestone in Rotterdam

    27 June 2019
    Business & Finance

    Gasum’s LNG bunker vessel Coralius marked a milestone with its first bunkering in the port of Rotterdam.

  • NAT Sells Three More Suezmax Veterans

    26 June 2018
    Business & Finance

    Nordic American Tankers has sold three more Suezmaxes, bringing the total number of sold vessels to eight. 

  • Frontline posts strongest quarterly results in 14 years, remains bullish on tanker market outlook

    28 February 2023
    Business & Finance, Green Marine, Market Outlooks, Outlook & Strategy, Vessels

    Norwegian tanker owner and operator Frontline revealed its highest quarterly net income since the second quarter of 2008 standing at $240 million for the fourth quarter of 2022. “The fourth quarter of 2022 may have given us a preview of the years to come in the tanker market as Frontline posts its best quarterly result in […]

  • Euronav Buys Suezmax Pair with New Joint Venture Partners

    19 November 2019
    Business & Finance

    Euronav has entered into a joint venture together with affiliates of Ridgebury Tankers and clients of Tufton Oceanic.

  • Erik Thun books eight newbuilds at Ferus Smit

    18 January 2023
    Business Developments & Projects, Vessels

    Swedish shipping company Erik Thun Group has placed an order for eight newbuild vessels at Shipyard Ferus Smit B.V. in the Netherlands.

  • Russia: Nobel Brothers Shipyard Moves Hull of Tanker Project RST-25 to Outfitting Slip

    2 December 2011

    Nobel Brothers Shipyard, on 25th of November 2011, rolled out the second hull of tanker project RST-25, being built for JSC “Moscow River Shipping Company”, out of the shipbuilding dock to the outfitting slip. The keel of the vessel was laid down on the 17th of May 2011. So far, construction of the ship is going […]

  • Kyklades Maritime Books Five Aframaxes at Sungdong

    6 June 2017
    Business & Finance

    Greek tanker owner Kyklades Maritime Corporation has ordered five 115, 000 dwt Aframax tankers at South Korean Sungdong Shipbuilding and Marine Engineering. The first two ships from the batch, priced at USD 44 million each, are slated for delivery in 2018 with the remaining three following suit in 2019, VesselsValue data shows. Under the terms of […]

  • Hyundai Samho completes Sovcomflot’s 1st LNG-powered Aframax

    7 May 2018

    South Korean shipbuilder Hyundai Samho Heavy Industries (HSHI) said it had completed the construction of the world’s first LNG-fueled Aframax tanker for Russian shipper Sovcomflot. The 250 meters long and 44 meters wide vessel will be tested before being delivered to the Russian company in July, according to a statement by Hyundai Samho released on Friday. The South […]

  • Spotted: Palmetto State Readies for Launching

    21 March 2017
    Business & Finance

    Preparations are underway for Saturday’s christening and launch ceremony for the Palmetto State — the last vessel under construction as part of an eight-ship ECO Class tanker program at General Dynamics NASSCO shipyard in San Diego, California. The 53,700 dwt Palmetto State is also the fifth ECO Class tanker built for crude oil transporter American Petroleum […]

  • Performance Shipping exits containership sector with vessel sale

    21 August 2020
    Business Developments & Projects, Infrastructure, Market Outlooks, Outlook & Strategy, Vessels

    Greek shipowner Performance Shipping has become a pure play Aframax company as it disposed of the final containership in its fleet.

  • Readers’ Picks of the Week (27-31 of July)

    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 […]

  • Bohai Holds Naming Ceremony for VLCC Svet

    7 November 2013

    Bohai Shipbuilding Heavy Industry Co. Ltd. (BSHIC) today held a naming ceremony for the first of two 320,000-dwt Very Large Crude Carriers (VLCC) ordered by Sovcomflot Group (SCF), the Svet. The new vessel has been named in honour of Russia’s first oil tanker Svet (deadweight: 1,700 tonnes). She was built in 1885 and was ordered by […]

  • SHI lines up new LNG carrier order

    28 December 2017
    Vessels

    South Korean shipbuilder Samsung Heavy Industries, said it has agreed to sign a deal for the construction of an LNG carrier, priced at 210 billion won ($196.4 million). 

  • Remora Hiload DP completes final sea trials with Kongsberg Maritime dynamic positioning in control

    14 February 2011

    State-of-the-art Integrated Automation and DP system supports unique HiLoad concept 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 […]