10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Newly Built US Flag Vessel Makes First Call to Port Corpus Christi

    27 September 2012
    Business & Finance

      Eagle Ford Shale continues to positively impact Port Corpus Christi and the U.S. economy. Yesterday, Wednesday, September 26, 2012, the M/V Pennsylvania, a newly built U.S. Flag vessel destined to move products related to Eagle Ford Shale in the region, made its first port of call to Port Corpus Christi. The tanker docked at […]

  • NAT to Increase Fleet with Suezmax Trio

    27 October 2016
    Business & Finance

    Bermuda-based tanker owner Nordic American Tankers Limited has decided to up its fleet to 33 vessels as it signed agreements for three new Suezmax tankers with South Korea’s shipbuilder Samsung Heavy Industries. Featuring 157,000 deadweight tons each, the new vessels are scheduled for delivery to NAT during the second half of 2018. “This is another large step […]

  • Innovative IMOIIMAX Fleet a Success, Stena Bulk Says

    6 March 2019
    Business & Finance

    An evaluation shows that IMOIIMAX tankers have been a success, both in terms of performance and business.

  • DSS Holdings, Capital Product Partners Wrap Up Merger

    29 March 2019
    Business & Finance

    The newly formed company now owns and operates 68 vessels on the water.

  • Concordia Maritime Secures New Deal for Its Stena Progress

    14 March 2016
    Business & Finance

    Swedish shipping company Concordia Maritime has signed a charter contract for its P-MAX tanker, Stena Progress. Signed with an unnamed national oil company, the contract comes into effect in April 2016 and will be valid for three years.  “We have now chartered out three of our ten P-MAX tankers over longer periods and are continuously […]

  • U-Ming ticks first B24 biofuel bunkering off the list

    25 July 2025
    Business Developments & Projects, Infrastructure, Operations & Maintenance, Vessels

    Taiwanese shipping company U-Ming Marine Transport has completed the first B24 biofuel bunkering operation on its newbuild 64,000 dwt bulk carrier as ‘a major step forward’ on its journey to achieve net-zero emissions by 2050.

  • Greece: Navios Enters USD 144 Mln Acquisition Deal

    3 April 2013
    Business & Finance

    Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced today that it agreed to acquire five MR2 product tankers for an aggregate purchase price of approximately $143.8 million. Two of the vessels are 2007-built MR2 product tankers of about 51,000 dwt each with expected delivery in June 2013. The purchase price for […]

  • Japan: MOL Receives CMS Certification for Its LNG Carrier Operations

    13 November 2012
    Business & Finance

    Mitsui O.S.K. Lines, Ltd. today announced that the company has acquired Competence Management System (CMS) certification in the LNG Carrier category from Oslo-based Det Norske Veritas (DNV) for its independently developed “MOL RankSTEP”, adopted in 2007, which also complies with Society of International Gas Tanker & Terminal Operators Ltd. (SIGTTO). On April 13, MOL received […]

  • Rising Tonnage: More than 80 million GT with class GL

    1 May 2009

    With the classification of the gas tanker “MT Gaschem Nordsee”, Germanischer Lloyd (GL) has passed the 80 million gross tons threshold. More than 6,870 ships are currently surveyed on a regular basis by Germanischer Lloyd. As a result, the fleet in service for Germanischer Lloyd has grown by 10 million gross tons since September 2007. […]

  • United Kalavryta Offloads Disputed Oil Cargo

    4 March 2015

    The oil tanker United Kalavryta, carrying 1 million barrels of Kurdish oil, has unloaded its cargo in Israeli port of Ashdod. Apart from United Kalavryta, several other tankers carrying oil for Kurdish Regional Government (KRG), unloaded in the same Israeli port, the Daily Star reports. According to Marine Traffic data, the tanker was in Ashdod on […]

  • General Dynamics NASSCO launches APT’s fifth LNG-ready ship

    27 March 2017
    Vessels

    San Diego-based shipbuilder General Dynamics NASSCO on Saturday, March 25, christened and launched the LNG-ready Palmetto State, the final ship in an eight-ship ECO Class tanker program.

  • TEN Takes Delivery of ‘Rio 2016’

    12 March 2013

    Tsakos Energy Navigation Limited (TEN) has taken delivery of the fully-coated DP2 shuttle tanker with a carrying capacity of 157.000 DWT named ‘Rio 2016’. The second sister shuttle tanker, the Brasil 2014, is scheduled to be delivered in April 2013. “We are excited with the delivery of our shuttle tanker which allow us to broaden […]

  • Cardiff Marine Orders Four Aframaxes from Hangtong

    17 August 2015
    Business & Finance

    China’s Jiangsu Hangtong shipyard informed today that it has signed a contract with Greek shipowner Cardiff Marine on construction of four 115,000 DWT Aframax oil tankers. Under the deal, which includes an option for two additional tankers of the same typee, Cardiff Marine is expected to take the delivery of the new ships in 2017. […]

  • TIL Finalizes USD 60 Million Share Buyback

    15 January 2016
    Business & Finance

    Oslo-listed investment company Tanker Investments Ltd completed a total share repurchase program of USD 60 million, authorized in 2015, on January 13. The company bought 3,000 of its shares on the Oslo Stock Exchange at an average price of NOK 94.9 per share, implying a total consideration of NOK 284,7 thousand (or approximately USD 32,3 thousand). Following the transaction, Tanker Investments holds […]

  • Venezuela, China to Sign Deal

    18 August 2006

    President Hugo Chavez said Thursday that Venezuela will strike a deal with China for a group of oil tankers when he visits the Asian country later this month. “We’re going to sign a contract over there with (Chinese) President Hu Jintao so that China will build a group of super tankers,” Chavez said. He said […]

  • India bans oil tankers, bulkers older than 25 years to modernize fleet and cut emissions

    28 February 2023
    Authorities & Government, Green Marine, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Vessels, Vision

    India is ramping up efforts aimed at modernizing its fleet and is reviewing the requirements of the registration and operation of ships to ensure the quality of the Indian flag. As a result, the country is withdrawing trading licenses to all tankers that are 25 years old or above, the country’s Directorate General of Shipping […]

  • BPZ Energy Announces Plan for Accelerated First Oil Production in Peru

    23 October 2007

    Inc. d/b/a BPZ Energy announced today that short term contracts have been finalized and signed with the commercial area of the Peruvian Navy to lease two tankers to transport oil to market earlier than scheduled. The two tankers leased from the Navy each have capacity of approximately 6,000 barrels. With the current production facilities and […]

  • Fire on Board MT Stolt Valor Contained (Qatar)

    21 March 2012
    Business & Finance

      Stolt Tankers B.V., a subsidiary of Stolt-Nielsen Limited and owner and operator of MT Stolt Valor, reported today that the fire on the ship has been contained. One crew member is still missing. The ship is under tow approximately 45 miles off the coast of Qatar. There has been no spillage of fuel oil […]

  • Oldendorff trials biofuel in Singapore

    15 April 2021
    Collaboration, Environment, Ports & Logistics, Transition, Vessels

    German dry bulk operator Oldendorff Carriers has teamed up with BHP, and biofuels pioneer GoodFuels to carry out the first marine biofuel trial involving an ocean-going vessel bunkered in Singapore. The vessel selected for the trial was Kira Oldendorff,one of the company’s eco-Kamsarmaxes. The 2020-built 81,290 dwt dry bulk carrier was bunkered with “drop-in” advanced […]

  • Wartsila and Tarbit Shipping Sign Contract to Convert Tanker to LNG Operation for Reduced NOX Emissions (Finland)

    31 August 2010
    Equipment, Vessels

    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 […]

  • TEN Linked to LR2 Order at Daehan

    16 May 2018
    Business & Finance

    Report: TEN booked the construction of two Long Range (LR2)/Aframax tankers at Daehan Shipbuilding.

  • NYK kicks off long-term biofuel trial on its large crude oil tanker

    27 May 2024
    Vessels

    Japanese shipping company NYK has started a long-term biofuel test run on its very large crude oil tanker (VLCC) Tenjun.

  • Kongsberg to design, equip another multi-fuel newbuild for Terntank

    14 June 2024
    Infrastructure, Vessels

    Norwegian technology company Kongsberg Maritime has secured a contract to design and equip a tenth hybrid chemical tanker for Danish operator Terntank.

  • Vitol targets biofuel expansion in Singapore in 2024 with specialized bunker barges

    24 October 2023
    Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Transition, Vessels

    From early next year, energy and commodities company Vitol plans to expand the supply of biofuels in Asia with the delivery of specialized bunker barges in Singapore. Namely, the company is sending its specialized bunker barges to Singapore, and through its wholly-owned subsidiaries V-Bunkers and Vitol Bunkers will be able to offer a range of […]

  • Scorpio Orders Six Additional LR2 Newbuildings

    26 March 2013

    Scorpio Tankers Inc. has executed agreements with Hyundai Samho Heavy Industries Co., Ltd. (HSHI) to construct a total of four 114,000 dwt LR2 product tankers for approximately $50 million each. These agreements are in addition to the previously announced agreement for two similar vessels. The Company has six LR2 newbuilding contracts at HSHI, all of […]