10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Okpo Shipyard Delivers MT ‘Almi Navigator’ (South Korea)

    12 June 2013
    Business & Finance

    Almi Tankers S.A. announced that on June 10th, 2013, it assumed the management of M/T Almi Navigator, following her delivery to the owners at DSME’s Okpo Shipyard. This 157,787 DWT tanker is the eighth Suezmax of Almi’s newbuilding programme and was built by Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME) to the highest industry […]

  • Moore Stephens: Shipping’s Operating Costs Fall for 4th Successive Year

    20 October 2016
    Business & Finance

    Total annual operating costs in the shipping industry fell by an average of 2.4% in 2015, compared with the 0.8% average fall in costs recorded for 2014, representing the fourth successive year that the operating costs were in decline, according to shipping consultant Moore Stephens. All categories of expenditure were down for the previous 12-month […]

  • Decarbonizing vessels that cannot yet switch to green fuels: Carbon capture first for MOL LR1 tanker

    24 March 2025
    Business Developments & Projects, Carbon Capture Usage & Storage, Infrastructure, Technology, Vessels

    Dutch cleantech company Value Maritime (VM) has installed its exhaust gas cleaning system (EGCS) and carbon capture unit aboard Nexus Victoria, an LR1 product tanker owned by Japanese shipping major Mitsui O.S.K. Lines (MOL).

  • Rescuers Prepare for Lightering of Siteam Anja

    24 May 2016
    Business & Finance

    Preliminary operations of lightering and refloating of the grounded tanker Siteam Anja have been launched off Lobos Island, Uruguay, according to the latest update from the Uruguay Navy. The teams deployed at the site are planning to deballast the ship, remove the vessel’s oily substances and bilge water, and estimate that the Marshall Islands-flagged tanker could be freed in some 5 […]

  • Kurds Urge for Clearance of United Kalavrvta’s Unloading

    5 August 2014
    Business & Finance

    The Kurdistan Regional Government (KRG) of Iraq asked a U.S. court on Monday to dismiss seizure order of 1 million barrels of disputed crude oil and allow the cargo to be freely delivered in Texas, Reuters reports. The idle United Kalavrvta pending unloading amid cargo ownership dispute has clocked up nine days anchored off Texas. […]

  • Naming Ceremony for Teekay Offshore’s ‘Samba Spirit’ (VIDEO)

    12 April 2013
    Business & Finance

    On April 9th, Samsung Heavy Industries organized the naming ceremony for Teekay Offshore’s newbuild shuttle tanker Samba Spirit. Samba Spirit is the first of four newbuild shuttle tankers comprising the Samba Class. The four suezmax-size DP2 shuttle tankers are being constructed by Samsung Heavy Industries in South Korea. Upon delivery in mid- to late-2013, the […]

  • Stolt-Nielsen Foresees Impact from Houston Ship Channel Fire

    5 April 2019
    Business & Finance

    The fire at a petrochemical storage facility erupted on March 17.

  • Russia: Krasnoye Sormovo Shipyard Signs Contract for Construction of Five Products Carriers

    5 October 2011

      MNP Group’s Krasnoye Sormovo Shipyard and Volga-Balt Tanker (a Volga-Fleet Tanker subsidiary, part of UCLH) have signed a new contract for… (portnews) [mappress] Source: portnews, October 5, 2011;

  • Ardmore Gets USD 12.3 Mn Boost

    3 August 2017
    Business & Finance

    Bermuda-based tanker owner and operator Ardmore Shipping Corporation completed in 2Q 2017 a refinancing of two 47,000 dwt Eco-Mod product tankers under a Japanese sale and leaseback arrangement, releasing USD 12.3 million in cash.  The transaction including the two 2008-built vessels, Ardmore Sealeader and Ardmore Sealifter, is said to be “a new and attractive source of […]

  • Poten: Relatively Smooth Sailing as IMO 2020 Enters into Force?

    13 January 2020
    Rules & Regulation

    It appears the shipping industry is coping better than expected following IMO 2020’s entry into force.

  • Hafnia Acquires 2015-Built MR2 Duo, Signs USD 473 Mn Loan

    27 September 2019
    Business & Finance

    The company has also sold a 2004-built medium range tanker.

  • Shell to Charter AET’s LNG-Fueled Aframax Duo

    13 April 2018
    Business & Finance

    Shell has signed contracts for long-term charter of AET’s two new LNG dual-fueled Aframax tankers.

  • ClassNK Approves First Application of Duplex Stainless Steel on Vessels in Japan

    27 March 2013
    Business & Finance

    Leading classification society ClassNK announced today that it has approved the first application of duplex stainless steel (NSSC®2120) on vessels in Japan. Tankers built by the Japanese shipyards Sasaki Shipbuilding Co., Ltd and Hakata Shipbuilding Co., Ltd were applied with the duplex stainless steel, which was manufactured by Nippon Steel & Sumikin Stainless Steel Corporation. […]

  • Iranian Navy Foils Two Pirate Attacks

    3 February 2015

    The 33rd flotilla of the Iranian Navy fended off pirate attacks on two Iranian oil tankers in the past week, the FARS news agency reports. Armed pirates in five speed boats attempted to hijack an oil tanker in the waters of the Gulf of Aden three days ago, however; their attack was deterred by the […]

  • Hafnia, Sole Shipping Agree Refinancing Deal

    31 July 2018
    Business & Finance

    Hafnia Tankers has completed two sale and leaseback transactions with a Sole Shipping fund.

  • UK court clears way for widow of Bangladeshi ship-breaking worker to sue tanker company

    15 July 2020
    Authorities & Government, Business & Finance, Rules & Regulation

    The UK High Court ruled on Monday, July 13, that the widow, whose husband lost his life while dismantling a supertanker in Bangladesh in 2018, can pursue a negligence claim against Maran (UK) Limited, a British company involved in the ship’s sale. The court said that Maran (UK) arguably owed a duty of care to […]

  • ConocoPhillips’ crude shipping arm gets USCG award

    26 June 2014
    Business & Finance

    The United States Coast Guard (USCG) today recognized Polar Tankers, Inc., a ConocoPhillips subsidiary, with the Rear Admiral William M. Benkert Osprey Award for Environmental Excellence. Vice Admiral Peter Neffenger, the USCG 29th Vice Commandant, presented the award at the American Petroleum Institute Tanker Conference. The Benkert awards were created to recognize outstanding achievements in […]

  • Top News of the Week of Feb 4 – 9, 2013

    10 February 2013

    Maersk Line: Emma Maersk Is Not in Danger of Sinking (Suez Canal) The Emma Maersk containership, berthed at the Suez Canal Container Terminal took on water into the engine room and lost power on Friday night near the Northern entrance of the Suez Canal. Emma Maersk Out of Service for Months Palle Laursen, Head of […]

  • UK’s South Hook books first July LNG cargo

    27 June 2017
    Vessels

    The UK’s South Hook import terminal has booked its first cargo of liquefied natural gas LNG for July. The 266,000 LNG carrier Zarga is scheduled to arrive at the South Hook LNG terminal on July 2 from Qatar, according to the Milford Haven Port Authority data. South Hook is also expected to receive another cargo from Qatar two […]

  • UK firm makes a play for Angolan block with multiple oil & gas discoveries and prospects

    5 September 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    UK-headquartered and AIM-listed upstream oil and gas company Afentra has taken steps to secure its first offshore operatorship by expanding its portfolio with another block adjacent to its existing assets off the coast of Angola.

  • KNOP Buys Dan Cisne

    10 December 2014
    Business & Finance

    KNOT Offshore Partners (KNOP) has entered into a deal to buy shuttle tanker Dan Cisne from Knutsen NYK Offshore Tankers AS (KNOT). The deal’s purchase price amounts to USD 103.0 million, minus approximately USD 82.1 million of existing bank debt, of which USD 23.4 million of which will be prepaid by KNOT 20, owner of the vessel, […]

  • Malaysia: MMEA Advises Fishermen to Keep Away from MT Cendanawati

    14 September 2011

      Fishermen have been advised against going near tanker ship MT Cendanawati, which was badly damaged after it was rammed by another tanker MT… (NST) [mappress] Source: NST, September 14, 2011;

  • Shipyard Worker Dies at Fukuoka Shipbuilding

    27 January 2020
    Business & Finance

    A shipyard worker has lost his life while working on a newbuilding vessel at the Fukuoka Shipbuilding in Japan.

  • NYK unveils name of new subsidiary with ENEOS’ fleet

    17 February 2025
    Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Vessels

    Japanese shipping companies NYK and ENEOS Ocean Corporation have revealed the name of the new company that will soon commence official operations as NYK’s subsidiary.

  • China: Cosco Nantong Shipyard Delivers First of Two 59.000 DWT Double-Hull DP2 Shuttle Tankers

    22 September 2011

    Lauritzen Offshore has taken delivery of Dan Cisne, the first of two identical purpose-built 59,000 dwt double-hull DP2 shuttle tankers from Cosco Nantong shipyard in China. The shuttle tanker newbuilding features state-of-the-art design and dynamic positioning technology, which enables the vessel to automatically maintain position and heading by using its own propellers and thrusters while […]