10000 results found for 'tanker'

10000 results found for 'tanker'
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  • 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 […]

  • Clean Marine to Supply Exhaust Gas Cleaning Systems for AET Newbuilds

    12 June 2013

    Clean Marine AS has been selected by Samsung Heavy Industries in South Korea to supply Exhaust Gas Cleaning Systems (EGCS) for two new shuttle tankers being built for AET. The order will enable the new AET vessels to comply with future legislation relating to sulphur emissions without switching to more expensive fuels. According to Nils […]

  • Clean Marine to Supply Exhaust Gas Cleaning Systems for AET Newbuildings

    12 June 2013
    Business & Finance

    Clean Marine AS has been selected by Samsung Heavy Industries in South Korea to supply Exhaust Gas Cleaning Systems (EGCS) for two new shuttle tankers being built for AET. The order will enable the new AET vessels to comply with future legislation relating to sulphur emissions without switching to more expensive fuels. According to Nils […]

  • Euronav’s 1Q Profit Slashed

    26 April 2017
    Business & Finance

    Antwerp-based tanker owner and operator Euronav recorded a profit of USD 34.3 million in the first quarter of 2017, considerably lower from USD 113.5 million posted in the same period a year earlier. The drop comes despite improved freight rate performance compared to the second half of 2016. The average daily time charter equivalent rates […]

  • Ukraine: KSY Completes SVL LIBERTY Ahead of Schedule

    26 March 2013

    On March 22, Kherson Shipyard (KSY) and SVL Group Companies (Malta) signed the Technical Completeness Report of the first vessel from the Product Carrier Tanker series, project RST 27 SVL LIBERTY. The construction of the vessel has been completed a month before the Contract Time (the vessel’s Delivery Date as per Contract is April 30). […]

  • Høglund tech deployed on Norway’s 1st LNG bunkering ship

    26 April 2021
    Infrastructure, Vessels

    Marine solutions provider Høglund Marine Solutions has supplied systems and supported the commissioning of Norway’s first LNG bunkering unit following successful gas and sea trials.

  • Russia: Sovcomflot and Vnesheconombank Sign Cooperation Deal for Yamal LNG Project

    21 June 2011
    Business & Finance

      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 […]

  • Sovcomflot posts net loss in challenging market

    31 August 2018

    Russia’s largest shipping company Sovcomflot plunged to a loss during the first half of the year on the back of a $42.2 million impairment. 

  • Turkey: Akdeniz Shipyard Starts Sea Trials for Pallas Shipping´s New Tanker MT Pallas

    30 September 2011

    New tanker MT PALLAS yesterday started sea trials, Pallas Shipping´s new tanker MT Pallas that was ordered at Akdeniz Shipyard was launched to everyone´s delight on August 29. The vessel was then towed to the yard berth where the final adjustments, etc. will be implemented before the test drive takes place. Delivery will take place […]

  • New handy-size to Nordic

    6 September 2007

    Nordic Tankers has taken delivery of another handy-size product tanker. It is a 38.500 tons deadweight newbuilding from the Guangzhou Shipyard International in China. The vessel will be delivered from the shipyard late September, and taken over by the Company under the name Nordic Hanne during January 2008.

  • Stolt-Nielsen’s Profit Down

    9 October 2017
    Business & Finance

    Oslo-listed Stolt-Nielsen Limited reported USD 49.2 million-worth net profit for the first nine months of 2017, considerably lower from USD 90.3 million posted in the corresponding period of 2016. The company’s revenue in the reporting period stood at USD 1,490.2 million, against USD 1,416.9 million a year earlier. Stolt Tankers’ third-quarter operating profit was USD 34.4 […]

  • TEN takes delivery of all LNG-powered vessels, eyes fleet growth opportunities

    23 January 2024
    Business Developments & Projects, Green Marine, Vessels

    Greek shipowner TEN has taken delivery of LNG-powered aframax tankers, the Chios DF and the Ithaki DF, the last remaining vessels in a series of four eco-designed tankers built against long-term employment to a major oil concern. The first two vessels from the series, Njord DF and Ran DF, were delivered in September and October 2023. […]

  • Gasrec hits 10,000 truck loadings at Grain LNG

    28 May 2021
    Business Developments & Projects, Operations & Maintenance

    UK gas supplier Gasrec hit a milestone with its 10,000th truck loading at National Grid’s Grain LNG facility on the Isle of Grain.

  • 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 […]

  • USA: Aker Philadelphia Shipyard Reaches Important Milestone

    18 October 2012

    Aker Philadelphia Shipyard, Inc. (APSI), the sole operating subsidiary of Aker Philadelphia Shipyard ASA, held a ceremonial keel laying today for the first of two Aframax tankers that it is building for SeaRiver Maritime, Inc. (SeaRiver), Exxon Mobil Corporation’s U.S. marine affiliate. The construction of the two tankers, valued at $400 million, will create more […]

  • Baker Hughes’ $13.6 billion move on Chart spotlights gas, data centers, and decarbonization growth drivers

    30 July 2025
    Business & Finance, Business Developments & Projects

    Baker Hughes has made a multibillion-dollar play for Chart Industries to high-grade its portfolio with differentiated capabilities across a diverse set of markets, including LNG, data centers, and low-carbon plays.

  • Navig8 Chemical Ends Quarter in Loss

    10 May 2017
    Business & Finance

    Although the chemical tanker market started sailing towards recovery, the chemical shipping company Navig8 Chemical Tankers ended the first quarter of 2017 with a net loss of USD 1.2 million, against a net income of USD 10.3 million seen in the same period a year earlier. Navig8 Chemical said that the decrease is mainly attributable to […]

  • Sovcomflot Orders Four LNG-Fueled Aframaxes in Korea

    20 March 2017
    Business & Finance

    The Russian state-owned shipping company Sovcomflot has placed an order for the construction of four 114,000 dwt Ice-Class IA Aframax tankers at South Korean yard Hyundai Samho Heavy Industries (HSHI). Featuring 250 meters in length, 44 meters in width and 21 meters in height, the world’s first liquefied natural gas (LNG)-fueled Aframax tankers are scheduled to be delivered […]

  • Gener8 Maritime to Shed Aframax Duo?

    31 March 2017
    Business & Finance

    The US-based crude oil shipping company Gener8 Maritime has decided to sell two of its Aframax tankers to an undisclosed shipowner, according to data provided by VesselsValue. The vessels in question are the 106,600 dwt Gener8 Elektra and Gener8 Daphne, which were built in 2002 by Japanese shipbuilder Tsuneishi Zosen. Under the agreement unveiled on […]

  • South Korea: HHI Secures USD 600 Million LNG Tanker Order from Dynagas

    31 May 2011

      Hyundai Heavy Industries, the world’s largest shipbuilder, today won a USD 600 million order to build two 155,000 m3 LNG carriers, including an option for another same class vessel, from Greece-based Dynagas Ltd. These membrane-type LNG carriers are due for delivery in the second half of 2013. They will feature the Dual Fuel Diesel […]

  • GE Shipping delivers Jag Vidhi VLGC

    21 January 2015
    Vessels

    The Great Eastern Shipping Company said it has delivered its 1990-built Very Large Gas Carrier Jag Vidhi (49,701 dwt) to the buyers on 21st January, 2015.

  • Novatek charters Arctic LNG 2 fleet

    7 September 2020
    Business Developments & Projects, Infrastructure, Project & Tenders, Vessels

    Russia’s largest independent natural gas producer Novatek has signed long-term charter deals for 14 Arc7 ice-class tankers for its Arctic LNG 2 project.

  • Yamal LNG Shipments to Asia Pacific via NSR Jump in 2019

    4 October 2019
    Business & Finance

    Eastbound shipments represented 25% of all LNG dispatched from Yamal LNG during the third quarter of 2019.

  • Arcadia Shipmanagement Disposes of Aframax Oldie

    16 December 2016
    Business & Finance

    Greek shipping company Arcadia Shipmanagement has sold Aegean Pride, its oldest Aframax tanker, to an unnamed buyer from China, VesselsValue’s data shows.  The 105,300 dwt Aegean Pride was sold for USD 10.5 million, while the market value of the ship currently stands at USD 8.01 million. Aegean Pride was built by South Korean shipbuilder Samsung Heavy Industries […]

  • Imperial Orders Two Multi-Gas Carriers

    16 October 2015
    Business & Finance

    Duisburg-headquartered logistics and shipping company Imperial Logistics International has ordered two new 2,850 cbm multi-gas carriers from the Dutch shipbuilder Veka Group. The shipyard is due to deliver the vessels in the second half of 2016. The new units will replace older gas tankers in Imperial’s fleet, which will then be removed from service. The 110-meter-long vessels will […]