10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Furetank and Algoma’s first dual-fuel Vinga-class ship hits the water

    30 October 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition, Vessels

    Swedish shipping company Furetank and its Canadian counterpart Algoma Central Corporation have welcomed the launching of the first vessel intended for their joint venture FureBear.  The vessel, named Fure Vanguard, is the ninth sister ship in the Vinga class and the ship was officially launched at China Merchants Jinling Shipyard in Yangzhou, China. The next milestone on […]

  • Navig8 Launches New LR2 Pool to Target Increased Mideast Trades

    31 May 2013
    Business & Finance

    The Singapore tanker player is looking to exploit rising tonne-miles coming out of new refineries in the Middle East. Singapore based Navig8 has added to its growing scope of tanker pools by setting up a new long-range two (LR2) products tanker venture. Called the Alpha8 pool, five coated aframax tankers have already been committed, some […]

  • 59 Iran-Linked Ships Stripped of Panamanian Flag, US DOS Confirms

    15 March 2019

    Panama revoked the registration of a number of Iranian vessels after the restoration of the US sanctions.

  • VLCC Scrapping Ramps Up as Pakistan Opens for Business

    15 May 2018

    Owners continue to commit their Very Large Crude Carriers (VLCC) for recycling.

  • Finland: Deltamarin Wins Major Design Contract

    11 January 2013

    Deltamarin Ltd has been retained to become the designer for five 38,000 deadweight ton (dwt) stainless steel parcel chemical tankers for Stolt Nielsen Ship Finance Ltd, a subsidiary of Stolt-Nielsen Limited, to be built at Hudong-Zhonghua Shipbuilding (Group) Co. Ltd. in China. The design contract includes Approval Design and 3D Modelling of cargo deck and […]

  • Canada: Port of Montreal Welcomes First Ocean-going Vessel in 2012

    3 January 2012

      The Montreal Port Authority welcomed on Monday evening the Seasprat that became the first ocean-going vessel to reach the Port of Montreal without a stopover in 2012. Flying a German flag, the Seasprat is a tanker operated by German Tanker Shipping, represented in Montreal by the SMK Tanker Agency. The Seasprat left the Port […]

  • Japanese majors form consortium to develop, commercialize zero-emission electric ships

    21 May 2020
    Innovation, Vessels

    Seven Japanese companies have joined forces with the goal of establishing new ocean shipping infrastructure services through various initiatives to develop, realize, and commercialize zero-emission electric vessels. The e5 Consortium is comprised of Asahi Tanker, Idemitsu Kosan, Exeno Yamamizu Corporation, Mitsui O.S.K. Lines, Tokio Marine & Nichido Fire Insurance, Tokyo Electric Power Company, and Mitsubishi […]

  • Secondhand Suezmax Joins G E Shipping’s Fleet

    27 January 2017
    Business & Finance

    Mumbai-based Great Eastern Shipping (G E Shipping) has taken delivery of Jag Laadki, a 2000-built Suezmax crude carrier bought in December 2016.  The company did not reveal the seller of the 150,000 dwt Jag Laadki. However, VesselsValue’s data shows that the only Suezmax vessel purchased by G E Shipping in December is Cosmic, a 150,300 dwt tanker. […]

  • Tsuneishi Shipbuilding Lines Up Eight Aframax Orders

    23 December 2015
    Business & Finance

    Japanese shipbuilder Tsuneishi Shipbuilding has received an order for up to eight Aframax tankers from its compatriot shipping companies. Namely, according to data provided by Asiasis, Tsuneishi has been hired by its Kambara Kisen, part of Tsuneishi Holdings Corporation to build up to four tankers. Under the 2+2 contract, the ships are to be built […]

  • Turkey: Heavy Fog Interrupts Traffic Through Istanbul Channel

    29 December 2011

    The Istanbul channel was closed in both directions on Wednesday since heavy fog reduced visibility thus tanker traffic through Turkey’s Bosphorus Strait, a key shipping channel for Russian oil, was delayed. Traffic disruptions affected six tankers scheduled to transit the Bosphorus on Wednesday but only one of them passed prior to the traffic closure. Weather […]

  • Seariver Takes Delivery of Its First Aker-Built Aframax

    20 June 2014
    Business & Finance

    Aker Philadelphia Shipyard, Inc. (APSI), the sole operating subsidiary of Aker Philadelphia Shipyard ASA (AKPS), has delivered the first of two aframax tankers to SeaRiver Maritime, Inc., Exxon Mobil Corporation’s U.S. marine affiliate. The 250-metre long, 115,000 dwt tanker will transport up to 800,000 barrels of Alaskan North Slope crude oil from Prince William Sound, Alaska to […]

  • Suezmax Newbuild Joins Thenamaris’ Fleet

    25 July 2016
    Business & Finance

    Greek ship manager Thenamaris has taken delivery of a 158,566 dwt Suezmax tanker, the Seavigour, from South Korean shipbuilder Hyundai Samho Heavy Industries. The Seavigour features a length of 274 meters, a width of 48 meters and a draft of 17.5 meters. The Malta-flagged tanker, which has a capacity of 170,107 cbm, is part of […]

  • Ocean Yield Adds Fifth Suezmax to Its Fleet

    7 February 2019
    Business & Finance

    Ocean Yield adds 2016-built Suezmax tanker Milos to its fleet.

  • Russia: Okskaya Shipyard Lays Keel for 6.900 DWT Products Carriers of Project RST27

    2 November 2011

    Okskaya Shipyard laid keel for 6.900dwt product carrier of project RST27 ordered by Volga-Balt Tanker (a Volga Fleet Tanker subsidiary… (portnews) [mappress] Source: portnews, November 2, 2011;

  • NAT Experiences Strongest Year Ever

    8 February 2016
    Business & Finance

    In the fourth quarter of 2015 Nordic American Tankers (NAT) profited from a strong tanker market which pushed the company’s operating cash flow by 16 percent. Due to a cash breakeven rate below USD 12,000 per day per ship and a growing NAT Suezmax fleet, the fourth quarter operating cash flow was at USD 57.2 million, compared to USD 24.5 million a year […]

  • Russia: Sovcomflot Reports First Half 2010 Results

    23 September 2010

    Sovcomflot Board of Directors reviewed the 2010 First Half results of Sovcomflot and its subsidiaries at a regular meeting, held on 21 September in Moscow. Highlights of the First Half 2010 (Six months ended 30 June 2010): – Total fleet increased to 144 vessels with total deadweight of 10.5 million tonnes – Grand Aniva, LNG […]

  • Songa Hawk Joins Navig8

    29 May 2014
    Business & Finance

    Shipping company Navig8 has welcomed oil/chemical tanker Songa Hawk to its fleet. Sailing under the flag of the Marshal Islands, the tanker joins the group’s Taras8 Pool. Built by Jinse Shipbuilding, from South Korea, in 2009, the ship is operated by Songa Shipmanagement Ltd., the inhouse shipmanagement company of the Blystad Group. The tanker featuring […]

  • US Sanctions Nine Ships, Four Owners for Venezuela Ties

    15 April 2019
    Business & Finance

    Another four shipping firms and nine vessels were hit by sanctions after transporting Venezuelan oil.

  • Proman Stena Bulk hosts naming ceremony for methanol-fueled Stena Pro Marine

    25 October 2023
    Business Developments & Projects, Green Marine, Infrastructure, Vessels

    Proman Stena Bulk, the joint venture (JV) between tanker company Stena Bulk and methanol producer Proman, has held a naming ceremony for its second methanol-fueled tanker. The naming ceremony for the 49,900 DWT tanker Stena Pro Marine was held at the port of New Orleans on October 24, 2023. Speaking at the event, Proman Chief […]

  • OneSubsea’s ‘cutting-edge’ tool enables Shell’s field to step up on the gas

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

    OneSubsea, a joint venture backed by SLB, Aker Solutions, and Subsea7, has revealed that its subsea compressor system, which recently came online at a Shell-operated natural gas field in the Norwegian Sea, will allow the operator to unlock new gas supplies for Europe.

  • Update: Malaysian Navy in Pursuit of Hijacked Orkim Harmony

    18 June 2015

    Malasian Navy’s patrol vessel KD Terengganu is currently tailing the hijacked tanker MV Orkim Harmony, and is in communication with the vessel’s captain, Malaysia’s Chief of Navy Admiral Tan Sri Abdul Aziz Jaafar said. There are at least eight hijackers on board the vessel, armed with pistols and ‘parangs,’ and speaking with Indonesian accent, Aziz Jaafar said. […]

  • Malaysia Sends 11 Indonesian Pirates to Prison

    22 September 2017
    Business & Finance

    Malaysian authorities have sentenced eleven Indonesian pirates each to sixteen years in prison following their failed hijacking attempt, the Jakarta Post cited undisclosed officials. The men attempted to hijack a Thai-flagged oil tanker while it was sailing off the coast of Malaysia in early September. The group of 13 perpetrators managed to board the tanker MGT […]

  • Frontline Nets Financing for Eight Newbuilds, Eyes More

    31 May 2016
    Business & Finance

    Tanker owner and operator Frontline has secured a commitment for a senior secured term loan facility worth up to USD 328.4 million with China Exim Bank that will be used to finance eight newbuildings. Specifically, the facility will be secured by four Suezmax tankers and four LR2 tankers, it matures in 2029 and has an amortization profile of 18 years. […]

  • Singapore Asks Iran to Investigate Alpine Eternity Incident

    18 May 2015

    The Maritime and Port Authority of Singapore (MPA) has requested the Iranian maritime authorities to investigate last week’s shooting incident involving five Iranian Navy boats and a Singapore-registered tanker Alpine Eternity. MPA said that Singapore is deeply concerned concerned with such actions, seeing that the freedom of navigation and free flow of commerce are of critical importance to the […]

  • Up to Four Aframaxes for Samsung Heavy

    28 March 2018

    Unisea Shipping placed an order for up to four Aframax tankers at SHI.