10000 results found for 'tanker'

10000 results found for 'tanker'
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  • EU’s ties to Russian gas: LNG tanker routes pinpoint ports in four European countries as touchpoints

    7 March 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Ports & Logistics, Regulation & Policy, Vessels

    Research shows that the EU has not severed its gas bonds with Russia, as four countries still facilitate deliveries of its LNG.

  • Brokers: SCF Adds Two More LNG-Fueled Aframaxes at Hyundai

    27 November 2017
    Business & Finance

    Russia’s SCF Group has exercised an option for two 114,000 dwt dual fuel tankers at South Korean shipbulder Hyundai Samho Heavy Industries, according to Asiasis. The Aframax duo features an ice-class IA and is slated for delivery in 2019, based on the report. SCF was not available for comment on the order when approached by […]

  • TOP Ships Secures Loan for One MR2 Vessel

    17 July 2019
    Business & Finance

    TOP Ships inks a financing agreement with an undisclosed Chinese financier to refinance one of its MR2 tankers.

  • BIMCO: 2014 Was Tough for Demolition Market

    23 February 2015

    Declining prices have made 2014 a very hectic year for the demolition market as less DWT and fewer TEUs were scrapped compared to previous years, according to the Baltic and International Maritime Council (BIMCO). Starting with containership market, initial estimates for 2014 were set relatively low at 250,000 TEU thinking the market might have peaked. […]

  • TEN: Market Recovery Is Already Upon Us

    3 December 2018
    Business & Finance

    The longest ever weak tanker market in the recent history is finally over.

  • UN gets green light to inspect the decaying supertanker FSO Safer in Yemen

    26 November 2020
    Authorities & Government, Environment, Operations & Maintenance, Safety, Vessels

    The United Nations has received official approval from the Houthi authorities in Yemen to carry out the planned expert mission to the decaying FSO Safer oil tanker, which poses a danger of massive oil spill to the region. The Safer oil tanker is moored north of Hodeidah and is believed to be loaded with over 1 […]

  • Focus on Cash Control Impacts Ship Operating Costs

    30 September 2013

    International accountant and shipping consultant Moore Stephens says total annual operating costs in the shipping industry fell by an average 1.8 per cent in 2012. This compares with the 2.1 per cent average rise in costs recorded for the previous year. There was a significant reduction in costs across all categories and it was clear […]

  • Organisational changes in Broström

    25 February 2009

    The board of Broström AB has proposed a new organisational structure for the Swedish based tanker company, in connection with the merger of the activities with the Maersk Tankers activities. The purpose is to ensure that Broström will continue as a strong brand and further build on the Broström heritage. The new setup means that […]

  • Houston Ship Channel Reopens after Bunker Fuel Spill

    7 September 2016
    Business & Finance

    Vessel traffic returned to normal in the Houston Ship Channel at 3:31 pm on September 6 after it was closed earlier the same day due to a bunker fuel spill and fire aboard the 810-foot tanker Aframax River, according to the United States Coast Guard. It was reported that the vessel’s bunker tank was punctured and caught fire. The tanker was […]

  • Bomin Linde in LNG supply partnership with Furetank Rederi

    25 October 2016
    Project & Tenders, Vessels

    Bomin Linde LNG and Swedish shipowner Furetank Rederi signed a letter of intent for long-term cooperation on LNG supply in the Baltic Sea region.

  • Fredriksen Regroups

    2 July 2015
    Business & Finance

    Oil tanker shipping company Frontline Ltd. and Frontline 2012 Ltd. have entered into an agreement and plan of merger, pursuant to which Frontline will remain as the surviving legal entity and Frontline 2012 as a wholly-owned subsidiary. Commenting on the transaction, Chairman of Frontline Ltd. and Frontline 2012 Ltd., John Fredriksen said: “By merging Frontline […]

  • New ship for Norwegian shipping company

    29 May 2007

    Magne Morken, Managing Director of the Norwegian shipping company Solvang ASA, pushed the button of the computer-controlled plasma torch for the steel construction of the fourth gas tanker out of a series of four. Cutting of the first steel plate marks the start of the production process of the new gas tanker.

  • New ship for Norwegian shipping company

    15 January 2007

    Magne Morken, Managing Director of the Norwegian shipping company Solvang ASA, pushed the button of the computer-controlled plasma torch for the steel construction of the third gas tanker out of a series of four. Cutting of the first steel plate marks the start of the production process of the new gas tanker.

  • Union Maritime Linked to Purchase of Eight Aframaxes

    25 September 2018
    Business & Finance

    Union Maritime has reportedly signed a sale-and-purchase agreement for eight Aframax tankers.

  • Interim report Concoria Maritime AB (PUBL)

    14 August 2007

    The product tanker market was strong throughout the first half of the year and the segment generated a strong cash flow, which exceeded expectations. A new agreement signed with TOTAL for additional time charters totalling 9 years. The large tanker Stena Vision has re-entered service.

  • New CEO for Gulf Energy maritime

    13 December 2006

    Gulf Energy Maritime (GEM), the Middle East’s largest independent commercial product tanker operator, has appointed UAE national Ahmed Essa Hareb Al Falahi as chief executive officer with the task of spearheading the company’s strategy to climb the world’s leading tanker operator rankings.

  • SHI bags LNG carrier order for European owner

    31 December 2018

    South Korean shipbuilder Samsung Heavy Industries on Monday said it won a new order to build a liquefied natural gas (LNG) carrier.

  • HMD Delivers ‘STI Opera’ to Scorpio

    29 January 2014

    Scorpio Tankers Inc. has taken delivery of a medium range (MR) newbuilding, STI Opera, from Hyundai Mipo Dockyard Co., Ltd. of South Korea. STI Opera is an ABS classed double hull Chemical/Oil Carrier with the length of 130m and breadth of 30m. Currently sailing under the flag of Marshall Islands, she will be time chartered-out for up to […]

  • UPT Adds Two Vessels to Handy Pool

    16 August 2017
    Business & Finance

    Hamburg-based shipping company United Product Tankers (UPT) informed that its UPT Handy Pool Fleet has been expanded with two tankers.  Namely, Sea World Management from Monaco has added two Handysize vessels to the UPT-managed fleet. The MR1 ships in question are the 36,000 dwt Aston I and the 40,050 dwt Duke I. The Monaco-flagged Aston […]

  • Update: Scan Master Refloated

    26 March 2015
    Business & Finance

    The Norwegian product tanker that ran aground on Saturday evening off Norway’s central western coast has been refloated with the help of two tugboats. The 71-meter long tanker Scan Master grounded onto a rocky beach of a fjord at Hemnskjela in Snillfjord, Norway while battling strong winds. The ship was loaded with 600 tonnes of […]

  • Poor Judgement Led to Collision in Jebel Ali, Report Says

    10 December 2015

    A number of safety measures were disregarded resulting in a collision on February 11, 2015, between the UK registered containership Ever Smart and the Marshall Islands registered tanker Alexandra 1, in Jebel Ali, UAE, according to a report released by UK Marine Accident Investigation Branch. In particular, a passing arrangement was not agreed or promulgated to all parties and […]

  • Thenamaris Suezmax Goes to Elisburg Shipping

    13 July 2016
    Business & Finance

    Greek ship manager Thenamaris has sold its Suezmax tanker Seatriumph for USD 31 million to Cyprus-based Elisburg Shipping, according to data provided by VesselsValue. The vessel, which was sold on May 5, will be used for oil storage purposes by oil shipping company CJSC Rosnefteflot. A five-year time charter contract at USD 24,000 per day contributed to the […]

  • Toisa Fleet to Be Put Up for Sale

    5 April 2018
    Business & Finance

    Clarksons has been selected to sell vessels of a financially-troubled shipping company Toisa Limited.

  • Navig8 Taps into OTC Market

    12 August 2014
    Business & Finance

    Navig8 has turned to Norway’s over-the-counter (OTC) market to bankroll a new order of four chemical tanker newbuildings at STX Offshore & Shipbuilding. The company managed to raise USD 110 million to support the order, but would not comment on the equity raise source, stating that it is a ”private placement”. However, rumour has it […]

  • NAO Gets New CEO

    27 March 2014
    Business & Finance

    Nordic American Offshore announced today that Tor-Øyvind Bjørkli (42) will join the company as CEO, effective April 1, 2014. He will be working from the Oslo office on the same premises as Orion Tankers; the chartering department of Nordic American Tankers Limited (NAT). A subsidiary of Nordic American Tankers is the manager of the recently […]