10000 results found for 'tanker'

10000 results found for 'tanker'
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  • STX O&S Gets Refund Guarantees for Newbuilds in Exchange for Further Cuts

    27 November 2017
    Business & Finance

    STX Offshore and Shipbuilding’s main creditor, Korea Development Bank (KDB), has issued refund guarantees for eight newbuilding orders the troubled shipbuilder secured earlier this year. The said guarantees relate to two 50,000 dwt product tankers ordered by a Greek owner Oceangold Tankers,  two 11,200-DWT tankers ordered by Woolim Shipping Co. and four 50,000 dwt product tankers ordered […]

  • Picture of the Day: Stena Clear Sky LNG Carrier

    11 June 2014
    Vessels

    The 173,400 cbm Stena Clear Sky LNG tanker, built by DSME of South Korea, was delivered in 2012. Stena Bulk took back the overall responsibility for the commercial operation and technical management of the tanker from Stena LNG on January 1 this year. [mappress] LNG World News Staff, June 11, 2014; Image: Stena

  • Furetank Rederi Newbuilds to Be Supplied by Bomin Linde LNG

    26 October 2016
    Business & Finance

    Swedish shipowner Furetank Rederi signed a letter of intent (LOI) with Germany-based liquefied natural gas (LNG) supplier Bomin Linde LNG for the supply of LNG in the Baltic Sea region on October 15, 2016. According to the LOI, Bomin Linde LNG will supply Furetank Rederi newbuildings with its new LNG bunker supply vessel. The tankers will […]

  • Ardmore Set for Growth as It Refinances Debt

    14 January 2016
    Business & Finance

    Irish tanker owner and operator Ardmore Shipping Corporation has completed a refinancing of substantially all of its outstanding debt. “This opportunistic refinancing on attractive terms reflects the company’s strong banking relationships and improving financial profile, as well as the successful completion of a newbuilding program that has more than doubled the size of our fleet […]

  • Bermuda: Teekay Offshore GP Acquires Remaining 49 pct Interest in OPCO for $390 Million

    3 March 2011
    Business & Finance

      Teekay Offshore GP L.L.C., the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) announced today that the Partnership has agreed to acquire the remaining 49 percent interest in Teekay Offshore Operating L.P. (OPCO) from Teekay Corporation (Teekay) for a total purchase price of $390 million. OPCO currently operates a fleet […]

  • EIA: Maritime Chokepoints Critical to Global Energy Security

    2 August 2017

    The US Energy Information Administration (EIA) has released a report explaining the relevance of maritime chokepoints.   Chokepoints are narrow channels along widely used global sea routes for oil transport, with some so narrow that restrictions are placed on the size of the vessel that can navigate through them. The inability of oil tankers to transit […]

  • MTN and Maritime broadband provide global VSAT services aboard Hellespont ship management product tanker

    24 August 2010

    MTN Satellite Communications (MTN), the global provider of communications, connectivity, and content services to remote locations around the world, and Maritime Broadband LLC, makers of the C-Bird™ VSAT system, announced that they have been selected to provide communication services to the MT Hellespont Progress product tanker under a 36-month agreement with German-based ship owner Hellespont […]

  • Chevron Launches Three New Very Large Crude Carriers

    11 January 2019
    Business & Finance

    Chevron launched earlier this week three new VLCCs.

  • Shell wraps up first LNG bunkering in Gibraltar

    25 March 2021
    Infrastructure, Ports & Logistics, Vessels

    Global energy giant Shell completed its first LNG bunkering services at the Port of Gibraltar.

  • First Sea-Going Ship Bunkered with LNG in Port of Amsterdam

    24 November 2016
    Business & Finance

    The chemicals and oil tanker Fure West, owned by the Swedish shipping company FureTank, was the first sea-going vessel to bunker with liquid natural gas (LNG) at Groene Kade in the Port of Amsterdam. The bunkering of Fure West, FureTank’s first sea-going ship that has a dual-fuel engine, took place in the Amerikahaven, the designated location […]

  • VEB.RF: Russia to Pay around USD 4.5 Bn for New Arctic LNG 2 Tankers

    2 September 2019
    Business & Finance

    VEB.RF Chairman, Igor Shuvalov, said that one vessel would cost around USD 330 million.

  • NAT Orders Suezmax Duo

    9 December 2014
    Business & Finance

    Nordic American Tankers Limited (NAT) has entered into a preliminary agreement with Korean yard Sungdong Shipbuilding & Marine Engineering Co., Ltd., to build two Suezmax tankers of 158,000 deadweight tons. The newbuilds are slated for delivery to NAT in the third quarter 2016 and the first quarter 2017 respectively. NAT said that the purchase price […]

  • Statoil: Oil Spills in the North Sea

    8 October 2015
    Business & Finance

    Norwegian oil and gas major Statoil has reported that an undetermined amount of oil leaked into the North Sea this morning during tanker loading operations at the Statfjord A platform. The oil spill was observed in the sea close to the OLS B loading buoy, while the tanker “Hilda Knutsen” was being loaded. The OLS B loading buoy […]

  • Vietnam: Dung Quat Shipyard Completes Sea Trials for PVT MERCURY

    30 May 2012
    Business & Finance

    Dung Quat Shipyard (DQS), on 24th May 2012, together with the ship Owner and ABS Registry successfully performed the sea trials for the 104.000 DWT Crude Oil Tanker named PVT MERCURY built for the Petrovietnam Transportation Corporation (PVTrans). The 104,000 DWT crude oil tanker is the first big deadweight ton, as well as modern vessel […]

  • China Shipping Venture Plans USD 1.2 Billion LNG Order

    21 March 2013
    Vessels

    China Shipping Development’s venture plans to order six LNG tankers worth about $1.2 billion by June, Bloomberg reported, citing the company’s chairman Li Shaode as saying. “We will expand LNG transportation business to make it become a new profit growth driver as soon as possible,” he said. “The deal means a 20-year shipping contract for […]

  • Zeebrugge set for Yamal LNG transshipment

    25 December 2018

    Fluxys-operated Zeebrugge LNG terminal is set to accommodate two LNG carriers on Tuesday for a potential transshipment operation. 

  • LNG carrier Aseem collides with VLCC at Fujairah

    26 March 2019
    Vessels

    Liquefied natural gas carrier Aseem on Sunday sustained bow damage following a collision with the VLCC Shinyo Ocean off Fujairah in the United Arab Emirates. 

  • Rolls-Royce to Convert Bergen Viking Engines from Diesel to Natural Gas (Norway)

    5 June 2013
    Business & Finance

    Rolls-Royce Plc has won a contract to convert the merchant ship Bergen Viking to run on engines powered by natural gas, replacing the current diesel engines. The Norwegian ship owner Bergen Tankers AS has chosen gas engines and accompanying systems from Rolls-Royce for this upgrade, to provide a more environmental friendly and fuel efficient ship. […]

  • Latvian Shipping Company Publishes Chartering Rates of Its Ships

    26 March 2012
    Business & Finance

      For the first time, JSC Latvian Shipping Company (LSC) has published the chartering rates achieved by the LSC fleet. The current management has succeeded in increasing charter rates in 2011 when compared with rates achieved in 2010 under the previous management. Paul Thomas, member of the Management Board of LSC emphasizes that it is […]

  • LOTOS, PGNiG bunker LNG-fueled pair in Gdańsk and Gdynia

    20 March 2019
    Vessels

    Polish oil and gas company PGNiG and its compatriot LOTOS have completed two LNG bunkering operations over a six-day period from March 13 through March 18. 

  • TOP Ships Finds Work for Newcomer

    23 July 2015
    Business & Finance

    Owner and operator of tanker vessels TOP Ships Inc. has taken delivery of the M/T Ecofleet, a 39,000 dwt fuel efficient ECO MR product tanker, the third of six vessels under construction in the company’s fleet. The company also announced that the M/T Ecofleet has commenced its time charter employment with BP Shipping Limited. The remaining […]

  • Inaugural LNG bunkering on world’s 1st dual-fuel LNG Suezmax completed

    7 July 2022
    Infrastructure, Vessels

    Singapore-based shipowner Eastern Pacific Shipping (EPS) has completed the first LNG bunkering operation for its managed vessel, Greenway, which is said to be the world’s first dual-fuel LNG Suezmax tanker.

  • Euronav Nabs Vessel Financing as It Bleeds Red in Q1, 2018

    25 April 2018
    Business & Finance

    Belgian tanker owner and operator secures financing for Ice Class Suezmaxes, FSOs.

  • DHT Holdings delays scrubber installations amid strong market

    6 May 2020
    Vessels

    Crude oil tanker company DHT Holdings has postponed the installation of scrubbers on five of its ships, leaving the ships to trade for a while longer and reap fruit from a strong tanker market. The company currently has 13 ships fitted with scrubbers out of the planned 18 very large crude carriers set to be […]

  • Repsol, Enagás in European LNG bunkering first

    24 April 2017
    Vessels

    Two Spanish companies, Repsol and Enagás have completed what they claim to be Europe’s first pipe-to-ship LNG bunkering at the Cartagena regasification terminal.