10000 results found for 'tanker'

10000 results found for 'tanker'
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  • TEN boosts its fleet with six eco-friendly ships

    20 May 2024
    Vessels

    Greek shipping company Tsakos Energy Navigation (TEN) has welcomed six environmentally friendly ships since the beginning of 2024.

  • Hyproc Turns to Hyundai Heavy for LNG Newbuilds

    23 October 2014
    Business & Finance

    Hyundai Heavy Industries Co., Ltd. (South Korea), has received an order for two newly built LNG tankers with an option for a third tanker from Hyproc, the marine transportation subsidiary of Algerian state-owned hydrocarbon company Sonatrach.  The newly built LNG tankers will be of the 170,000 cubic meter class, and will be powered by dual-fuel diesel-electric […]

  • Concordia Maritime Inks Sale and Leaseback for Stena Image

    4 October 2016
    Business & Finance

    Swedish tanker shipping company Concordia Maritime has entered a sale and leaseback agreement for the IMOIIMAX tanker Stena Image with a Japanese financial institution. The tanker will be chartered back to Concordia Maritime on a bareboat basis for eight years, with annual purchase options from year four onwards. Concordia Maritime said that the sale price is USD 37.5 […]

  • Weak Markets Push Norden into Loss

    9 November 2016
    Business & Finance

    Danish shipping company Dampskibsselskabet NORDEN A/S (Norden) ended the third quarter of 2016 with a loss of USD 12 million, against a profit of USD 18 million seen in the same quarter of 2015. The company’s tanker activities generated a loss of USD 4 million for the period, against a profit of USD 32 million reported a […]

  • Eastern Pacific inks deal for up to 4 dual-fuel LR II tankers with GSI

    9 June 2023
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    Singapore-based ship management company Eastern Pacific Shipping (EPS) has signed a construction contract for 2+2 LNG dual-fuel LRII tankers with Chinese shipyard Guangzhou Shipbuilding International Co., a subsidiary of China State Shipbuilding Corporation, and CSSC Trading. The order for the 111,000 dwt tankers brings GSI’s ordering tally for LNG dual-fuel LRII tankers to 16, which has secured the shipyard’s […]

  • Greece: Tsakos Energy Enters Three More Charter Contracts

    5 April 2013
    Business & Finance

    Tsakos Energy Navigation Limited, a leading product, crude and LNG tanker operator, yesterday announced the time-charter employment with profit-sharing provisions for three product tankers, two LR1 panamaxes and one MR handysize, to major international end-users. The new charters, two years for the LR1s and 12 months for the MR are expected to generate gross revenues […]

  • Sovcomflot Inks USD 252 Mn Financing for Six Aframaxes

    6 April 2018
    Business & Finance

    Sovcomflot has signed a new USD 252 million credit facility to finance a series of six Aframax tankers.

  • Taiwan: CPC Signs Certificate of Acceptance for Its New 40.000-ton Tanker TONG YUN

    15 August 2011

    On July 28, 2011 the christening ceremony of the TONG YUN, our company’s latest 40,000-ton tanker, was held at Keelung shipyard of CSBC Corp. a major and state-owned shipbuilder in Taiwan. The ceremony was presided over by Chairmen Chu for CPC and Chairman Tang, Tay-Ping for CSBC; co-signing the certificate of acceptance was done by […]

  • Infographic: Nigerian Pirate Activity in 2016

    27 March 2017

    The Gulf of Guinea continues to be one of the most dangerous bodies of water in the world for merchant shipping. Pirates from the Niger Delta have been responsible for attacking commercial vessels throughout the wider region, conducting armed robberies, stealing oil and abducting crew for ransom, EOS Risk Group said.  In January 2016, a […]

  • Russia: BFC Provides Bunkering Operations with ‘Valery Zelenko’

    27 May 2013
    Business & Finance

    Baltic Fuel Company LLC (BFC) has put into operation a conventional tanker, Valery Zelenko, for providing bunkering operations at port St. Petersburg, the company said. This 3,495-dwt tanker has inner skin and double bottom, meets the requirements of MARPOL Annex VI. The length is 92.86 m, breadth – 14.36 m. This oil tanker with the […]

  • Aegean Marine Petroleum Network Inc. Expands Marine Fuel Logistics Infrastructure

    9 July 2007

    Aegean Marine Petroleum Network Inc. Takes Delivery of Newbuilding Bunker TankerPurchases Double-Hull Bunker Tanker; Exercises Five Newbuilding Options.

  • LSC Shipmanagement Takes Elandra Falcon Under Its Wing

    16 June 2017
    Business & Finance

    LSC Shipmanagement (LSCSM), a subsidiary of  JSC Latvian Shipping Company, has taken the 2017-built tanker Elandra Falcon under its full technical management. The newbuilding, featuring a length of 268.25 meters and deadweight of 157,000  tons, is the 25th tanker managed by LSCSM. “This is the 25th ship under the technical management of LSC SM, and we see that we […]

  • Yara Adds New CO2 Ship

    18 August 2015
    Business & Finance

    Norwegian chemical company Yara International ASA has completed the modernization of its fleet of three tanker vessels dedicated to transporting carbon dioxide, with the arrival of Yara Gerda which starts service this month. Yara Gerda is a new dedicated liquid carbon dioxide (CO2) marine tanker replacing an older tanker. Yara’s CO2 is used in the beverage business (carbonation), […]

  • NASSCO delivers LNG-ready Bay State to APT

    28 September 2016
    Vessels

    General Dynamics NASSCO on Tuesday said it delivered the fourth vessel in a series of five LNG-ready ECO Class product tankers under contract with American Petroleum Tankers.

  • Four Chinese killed in ship accident in Malacca waters

    30 April 2006

    Four Chinese workers have been killed on Monday during an explosion accident aboard a Singapore-owned oil tanker, the Chinese Embassy to Malaysia confirmed. An explosion, believed to be an accident, occurred Sunday evening aboard the Singapore-owned 300,000-ton age oil tanker “SUVA” as it traveled in the Malacca Straits waters on its way to the Middle […]

  • Scorpio Unveils Scrubber Order for 23 More Vessels

    12 July 2019
    Business & Finance

    Nine scrubbers would be installed on Scorpio Bulkers’ fleet, while 14 units were ordered by Scorpio Tankers.

  • AP Moeller-Maersk’s Maersk Tankers to grow fleet by 14 pct/yr up to 2009

    27 September 2006

    AP Moeller-Maersk AS’ Maersk Tankers plans to expand its fleet by 14 pct year up till 2009 in order to become one of the top three tanker operators in the world, daily Boersen reported, citing Soeren Skou, who is the head of the division. ‘Our total fleet has grown by close to 9 pct per […]

  • Teekay Announces Senior Management Appointments (Bermuda)

    14 January 2011

    Teekay Corporation today announced that its current President of its Shuttle Tanker and FSO business unit, Kenneth Hvid, has been appointed to the position of Executive Vice President and Chief Strategy Officer effective April 1, 2011. In his new role, Mr. Hvid will be located in Vancouver, Canada and will be succeeding Peter Evensen, who […]

  • Crowley christens LNG-ready Louisiana

    6 May 2016
    Vessels

    U.S.-based Crowley Maritime on Friday said it has christened the third of four LNG-ready product tankers being built at the Philly Shipyard.

  • Omega Navigation Enterprises, Inc. Announces Shipbuilding Contracts

    20 June 2007

    Piraeus, Greece – Omega Navigation Enterprises, Inc. a provider of global marine transportation services focusing on product tankers announced today that it has signed shipbuilding contracts with Hyundai Mipo Dockyard, a preeminent shipyard, in South Korea, to construct and acquire five newbuilding double hull handymax product tankers each with a capacity of 37,000 dwt. Four […]

  • Missing oil tanker located off Ivory Coast, crew safe, Singapore authorities confirm

    17 April 2023
    Green Marine, Safety, Vessels

    The oil-chemical tanker Success 9, which went missing last week after being boarded by unidentified persons, has been located and its crew is reported to be safe. The Singapore-flagged tanker was boarded at about 10 pm (Singapore time) on April 10, about 300 nautical miles (556km) off the coast of Abidjan, Cote d’lvoire.  Since the […]

  • Gallery: NASSCO Launches Palmetto State

    29 March 2017
    Business & Finance

    On March 25, US shipbuilder General Dynamics NASSCO christened and launched Palmetto State – the final ship in an eight-ship ECO Class tanker program. In 2013, NASSCO entered into agreements with two companies, American Petroleum Tankers (APT) and SEA-Vista LLC, to design and construct a total of eight 50,000 dwt LNG-conversion-ready product tankers with a barrel […]

  • Navios Acquisition Completes Sale and Leaseback for MR Quartet

    19 April 2018
    Business & Finance

    Navios Maritime Acquisition Corporation finalizes a sale and leaseback deal for four MR product tankers.

  • Frontline pulls the plug on the highly anticipated $4.2 bln merger with Euronav

    10 January 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Market Outlooks, Outlook & Strategy, Vessels

    Norwegian tanker owner and operator Frontline has terminated the combination agreement it entered into with Belgian counterpart Euronav in July 2022, the company revealed on Monday in a sudden turn of events. The stock-for-stock merger deal would have created a global oil tanker operator valued at $4.2bn. Specifically, the combination deal was set to be completed in the […]

  • Euronav CEO Calls for More Recycling, Ordering Restraint

    9 August 2018
    Business & Finance

    Belgian crude oil tanker company Euronav reported a net loss of USD 51.6 million for the first half of 2018.