10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Japan: MOL Table Top Drill Tests Response to Possible Product Tanker Collision in Tokyo Bay

    17 October 2011
    Business & Finance

    Mitsui O.S.K. Lines, Ltd. today announced the completion of a table top drill based on a scenario in which the MOL Group-managed petroleum product tanker Raysut collided with another merchant vessel in Tokyo Bay, resulting in explosions and a fire on board. The three-hour drill, from 1 p.m. to 4 p.m. on Friday, October 14, […]

  • Stolt-Nielsen Improves Results, Fears Newbuilding Cancellations

    7 July 2016
    Business & Finance

    Oslo-listed Stolt-Nielsen Limited has issued a guarded outlook for Stolt Tankers despite improved operating results in the first six months of 2016, saying that the division might be facing delays and cancellations of newbuildings. The company reported its net profit at USD 37.8 million for the second quarter ended May 31, 2016, up from a net profit of […]

  • MV Infinity I Develops Crack, Starts Listing off Goa

    9 June 2016

    The 1993-built asphalt/bitumen tanker MV Infinity I started taking on water and continuously listing to the starboard side on June 8 due to a crack in the ship’s hull. Crewed by fourteen Indian seafarers, including the Master, the tanker’s list was increasing despite the crew’s de-watering efforts. At the time, the 83-meter long tanker was underway some 20 nautical miles off the […]

  • FSL Trust’s Aframax to Work for Teekay

    18 April 2017
    Business & Finance

    Singapore-based First Ship Lease Trust (FSL Trust) has reached an agreement to employ its vessel Aframax crude oil tanker FSL Hong Kong in the Teekay Group Revenue Sharing Agreement post dry docking. The 115,000 dwt tanker was previously employed on a two-year time charter with refiner and marketer of petroleum products Tesoro since June 2015. Built by South […]

  • Greece: Navios Acquisition Reports Its Recent Activities

    12 July 2013
    Business & Finance

      Navios Maritime Acquisition Corporation (Navios Acquisition), an owner and operator of tanker vessels, announced today that the Nave Capella, a new building MR2 product tanker vessel of 49,995 dwt, was delivered from a South Korean shipyard on July 9, 2013. The Nave Capella has been chartered out to a quality counterparty for one year […]

  • Hanjin Woes Affect Samudera Shipping’s Revenue

    25 October 2016
    Business & Finance

    Singapore-based Samudera Shipping Line has recorded a drop of 17.2% in revenue from the container shipping business in the aftermath of Hanjin Shipping’s filing for court receivership in late August. On the back of prevailing pressure on freight rates and a 2.1% decrease in volume handled to 273,000 TEUs, largely due to the loss of volume after […]

  • Vietnamese Crew Member Killed in Pirate Attack

    8 December 2014
    Business & Finance

    A crew member of a Vietnamese tanker VP Asphalt 2 has been killed by pirates in a hijacking attack on Sunday afternoon off the eastern coast of Malaysia. The vessel, owned by VP Petrochemical Transport Co, had just left Singapore loaded with 2,300 metric tons of liquid asphalt, when pirates, apparently confusing the carrier for an […]

  • Capital Product Orders Big

    25 July 2014

    Capital Product Partners L.P. has entered into a Master Vessel Acquisition Agreement with its sponsor Capital Maritime for three newbuild Daewoo 9,160 TEU eco-flex containerships at USD 81.5m for each vessel, and two newbuild Samsung eco medium range product tankers at USD 33.5m each.   The three containerships and two product tankers are expected to be delivered to […]

  • CEO: 2018 a Turning Point for NAT

    3 January 2018
    Business & Finance

    CEO of Nordic American Tankers expects 2018 to be a better year for the company than 2017.

  • Euronav Sells One of Its Oldest Suezmaxes

    25 February 2020
    Business & Finance

    Euronav NV has decided to dispose of one of its oldest Suezmax vessels, the 2003-built Finesse.

  • China: CIC Jiangsu Secures New Shipbuilding Contract

    17 January 2012
    Business & Finance

    China Shipping Development Company has signed, on Friday, a new contract for the construction of one 110,000 DWT oil tanker. The contract was signed between China Shipping Development Company and its subsidiary Jiangsu shipyard. The delivery of the vessel is scheduled for September 30, 2013. The approx. value of the contract is USD 53.28 million. […]

  • Sovcomflot, Vnesheconombank Sign Cooperation Deal for Yamal LNG Project (Russia)

    20 June 2011
    Project & Tenders

    On 16 June 2011, as a part of St. Petersburg Economic Forum, Russia’s largest tanker company Sovcomflot and the State corporation “The Bank for Development and Foreign Economic Affairs (Vnesheconombank)” signed a bilateral agreement on cooperation. The document was signed by SCF’s President and CEO Sergey Frank and Vnesheconombank’s Chairman Vladimir Dmitriev. The agreement covers: […]

  • Denmark: NORDEN Orders 4 MR Product Tankers from Korean STX Offshore & Shipbuilding Co.

    1 June 2011

    NORDEN has ordered 4 MR product tankers from the Korean yard STX Offshore & Shipbuilding Co., Ltd. The vessels which have a cargo capacity of 49,600 dwt. are scheduled for delivery in the first and second quarters of 2013. NORDEN has options on 2 additional vessels from the yard. The vessels will be equipped with […]

  • Transocean Oil Loses Bunker Supply Licence in Singapore

    7 November 2017
    Business & Finance

    Marine fuel services group Transocean Oil has lost its licences to as bunker supplier and bunker craft operator in the Port of Singapore. Namely, the Maritime and Port Authority of Singapore (MPA) has revoked the company’s licences with effect from November 6, 2017 due to a number of breaches revealed through the authority’s investigations. As part of MPA’s […]

  • Euronav Sees Strong Q1 Profit, Expects Low Ordering to Curb Oversupply

    27 April 2016
    Business & Finance

    Robust tanker demand has propelled Euronav’s financial results for the first quarter of 2016 to a net profit of USD 113.5 million against USD 80.8 million recorded in the same period last year. According to Paddy Rodgers, CEO of Euronav, this was the strongest first quarter for eight years and a robust start to the second quarter […]

  • MSA will not hold immediate inquiry into troubled ferry

    21 April 2005

    A near-miss incident between the trouble-plagued Interislander ferry Aratere and a tanker in Wellington Harbour did not warrant an immediate inquiry, the Maritime Safety Authority (MSA) said today. The MSA is investigating the April 10 incident between the ferry and a CentrePort tanker, believed to be carrying flammable material.

  • Proman Stena Bulk JV names methanol-powered Stena Prosperous

    23 May 2024
    Infrastructure, Vessels

    Proman Stena Bulk, a joint venture between tanker company Stena Bulk and methanol producer Proman, has christened Stena Prosperous, the JV’s fourth methanol-fueled tanker.

  • Wärtsilä to Supply Inert Gas Systems for Three New Vessels

    16 April 2013
    Business & Finance

    Wärtsilä, the marine industry’s leading solutions and services provider, is to supply inert gas systems for a Floating Storage Unit (FSU) to be located on Norway’s Heidrun offshore oil and gas field, and for two shuttle tankers that will support the FSU. The FSU is owned by Statoil, the Norwegian state owned energy company, and […]

  • Gener8 Maritime Sets Date for Euronav Merger Vote

    11 May 2018
    Business & Finance

    Shareholders of Gener8 Maritime to vote on the merger with Euronav on June 11, 2018.

  • Thenamaris Adds Two More from Hyundai Samho

    21 September 2015
    Business & Finance

    Greek ship manager Thenamaris (Ships Management) Inc, has exercised an option for construction of two Suezmax tankers at South Korean shipbuilder Hyundai Heavy Samho Industries. The order was confirmed to World Maritime News by the company’s spokesperson and relates to a 158,580 dwt tanker duo, slated for delivery in 2017. The latest order brings the company’s orderbook to eleven newbuildings, reaching a […]

  • Russia: Sakhalin Energy Ships LNG Cargo to Japan

    24 April 2012
    Vessels

    The 500th delivery of liquefied natural gas via the LNG terminal was loaded in the port of Prigorodnoye (Sakhalin Island). After the loading Grand Aniva headed for Japan. Grand Aniva is one of two Sovcomflot LNG tankers, chartered by the operator of the project – Sakhalin Energy Investment Company (SEIC). Sovcomflot is SEIC’s main partner […]

  • RS to Class, Inspect Palmali’s Ships

    18 August 2016
    Business & Finance

    Classification society Russian Maritime Register of Shipping (RS) and Turkey-based Palmali Shipping Company have inked a set of five-year agreements under which RS will conduct classification services and statutory surveys of the company’s ships.  The agreement covers 49 ships, including oil tankers, chemical tankers and dry cargo ships, with the total deadweight of 380,000 tons. The average […]

  • GTT scoops two LNG tank design orders from Samsung Heavy Industries

    13 March 2019
    Project & Tenders, Vessels

    French LNG containment specialist GTT has received an order from Samsung Heavy Industries (SHI) for a tank design on two 180,000-cubic meter LNG carriers.

  • Penglai Zhongbai Jinglu Shipbuilding wins order for MR2 pair from Raffles Shipping

    22 September 2020
    Vessels

    Singapore-based Raffles Shipping International has placed an order for the construction of two 50k dwt product oil/chemical tankers at Chinese-based Penglai Zhongbai Jinglu Shipbuilding. This is the first time Raffles Shipping has placed an order at the 2006-established shipbuilder. Under the deal, the vessels are scheduled for delivery in late 2021. Further details of the […]

  • Angelicoussis Group, N-KOM Extend Cooperation

    24 December 2015
    Business & Finance

    Greece’s Angelicoussis Group of Companies has penned a deal with Qatar’s shipyard Nakilat-Keppel Offshore & Marine (N-KOM) on continuation of ship repair activities for the company’s fleet of over 110 vessels. Under the deal, N-KOM will continue to be the preferred shipyard to conduct repairs on the group’s vessels. The continuation of the cooperation builds […]