10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Teekay Offshore orders two LNG-fueled newbuilds

    29 November 2017
    Project & Tenders, Vessels

    Teekay Offshore Partners ordered two additional LNG-fueled Suezmax-sized DP2 shuttle tankers at Samsung Heavy Industries for $265 million. 

  • GEM Expands Fleet with Second Aframax Vessel, UAE

    11 February 2013

    Gulf Energy Maritime (GEM) continues to expand its fleet to better serve its regional and international customers with the delivery of Gulf Valour, its second Aframax vessel. After two months since the delivery of Gulf Vision, their first Aframax vessel, GEM received Gulf Valour, which was also built by Samsung Heavy Industries. Standard Chartered arranged […]

  • Teekay Takes Ownership of Two VLCCs

    7 April 2014
    Business & Finance

    Teekay Tankers has exercised its rights under the security documentation to realize the amounts owed under the company’s investment in term loans and assumed full ownership of two 2010-built Very Large Crude Carrier (VLCC) vessels. In addition, Teekay Tankers’ Board of Directors has declared a cash dividend of $0.03 per share for the quarter ended […]

  • Norden Posts Loss amid Disappointing Dry Cargo Market

    4 March 2015
    Business & Finance

    Danish shipping company Dampskibsselskabet Norden A/S reported a USD 416 million loss in its annual results for 2014 amid severely worsened dry cargo market. The results were also affected by value adjustments on hedging instruments winding down in USD 61 million loss, Norden said. The group’s EBITDA constituted a loss of USD 261 million due to […]

  • EPS to outfit ‘first’ newbuild with wind-assisted propulsion technology

    10 December 2024
    Collaboration, Technology, Vessels

    Singapore-based ship management company Eastern Pacific Shipping (EPS) has signed a contract with Spain’s automated wind-assisted propulsion system specialist bound4blue for the installation of three 22-meter eSAILS on a newbuild MR tanker being built at China’s New Times Shipbuilding (NTS). As disclosed, the vessel is set to be outfitted with the three suction sails sometime […]

  • Nevsky Shipyard: Two Ceremonies Held in One Day

    27 April 2014
    Business & Finance

    Two solemn ceremonies took place at Nevsky Shipyard, on April 26th 2014, the keel-laying of the medium-sized sea tanker “Academician Pashin” of 23130 project and the launching of the dry cargo vessel “NEVA-LEADER 8” of RSD49 project. The keel-laying ceremony for the sea tanker took place in the covered shed. There was a traditional christening of the […]

  • UK-Flagged Vessels to Get Royal Navy Escort in Strait of Hormuz

    6 January 2020

    British-flagged commercial vessels will again be accompanied by Royal Navy ships in the Strait of Hormuz.

  • Stena Bulk expands fleet with ECO MR quartet

    13 February 2024
    Business Developments & Projects, Green Marine, Vessels

    Tanker shipping company Stena Bulk has inked long-term charter agreements for four newbuild eco Medium Range (MR) tankers. The ships will be taken on five-year charters from an unnamed private Japanese shipowner major. Two of the vessels, Stena Continent and Stena Conquest, will be delivered from Hyundai Mipo by the end of 2025. Two further eco MR tankers, Stena Contender and Stena […]

  • FSL Trust sells three remaining boxships, exits sector

    6 August 2020
    Vessels

    FSL Trust Management Pte., the trustee-manager of First Ship Lease Trust, has executed memoranda of agreement to sell three remaining containerships from its fleet, thus exiting the sector. The containerships in question include FSL Eminence, FSL Elixir and YM Enhancer. The trustee manager said the ships were sold to unaffiliated third parties and that it has received […]

  • Damen Yichang Shipyard Eyes High-Tech Vessel Construction

    18 March 2015
    Business & Finance

    The Damen Yichang Shipyard in China, a joint venture between Damen Shipyards Group and Sinotrans CSC, is about to finalize plans for LPG tanker construction, which would be the yard’s first. The plans have been revealed within shipyard’s strategy switch to a new direction in shipbuilding, targeting more technologically advanced ships. “Since the decision was taken to increase the range, things have moved fast. […]

  • Orkim Harmony Freed

    19 June 2015

    Royal Malaysian Navy has recovered the tanker Orkim Harmony after eight of the smugglers abandoned the vessel on a lifeboat at around 8 pm local time yesterday, Malaysia’s Chief of Navy Admiral Tan Sri Abdul Aziz Jaafar said. All 22 crew are reported safe and unharmed except the cook, an Indonesian national, who suffered a gunshot […]

  • Stena Bulk Charters In Six Suezmaxes

    18 July 2018
    Business & Finance

    Stena Bulk adds six ships to Sonangol Suezmax pool.

  • Suspected Mastermind of Orkim Harmony Hijacking Apprehended

    1 September 2015

    The Indonesian Navy has apprehended the suspected “mastermind” of the Orkim Harmony hijacking. As informed by the local media, the naval forces arrested a man in Indonesia’s capital Jakarta, identified as Albert Yohanes, as he is believed to had planned the hijacking of Orkim’s oil tanker in June this year. The arrest comes following months of investigation by […]

  • Readers’ Picks of the Week (March 7th – 11th, 2016)

    13 March 2016
    Business & Finance

    VIDEO: Maersk Tankers to Use Drones to Slash Costs Maersk Tankers, part of Danish Maersk Group, has resorted to using drones to cut costs for deliveries at sea and has completed the first test drone delivery of urgent parc… Read More Interview: Investors Bearish as Appetite for Risk Drops With the shipping industry embarking on […]

  • Germany: First GL Certification for LEHNKERING According to TMSA

    31 October 2012
    Business & Finance

    The first companies to be certified by Germanischer Lloyd (GL) as complying with the international Tanker Management and Self-Assessment (TMSA) safety standard are LEHNKERING Reederei GmbH and LEHNKERING Rhein-Fracht GmbH. Both are part of the IMPERIAL Shipping Group. Following the successful audit, Dr Ulrich Ellinghaus, Head of GL Systems Certification Germany, presented the certificate to […]

  • Report: Frontline Quits Gener8 Maritime Pursuit

    26 June 2017
    Business & Finance

    Norwegian tanker shipping giant Frontline has shelved its plans to purchase its US-based rival Gener8 Maritime, the Wall Street Journal reported. Fredriksen said earlier that he was looking into the purchase of a ship operator that ran at least 20 VLCCs, with Gener8 Maritime being singled out as the likely candidate. A vessel combination deal between Frontline and Gener8 […]

  • France: Damen Gets Order to Repair LNG Carrier

    30 August 2012

    Damen Shiprepair Brest (France) received her first firm booking for the drydocking, maintenance and repair of an LNG carrier. The Bonny Gas Transport-owned, 79,822 DWT ‘LNG SOKOTO’ will arrive at the yard end of August for maintenance work, including drydocking. Jos Goris, managing director of Damen Shiprepair Brest, says: “We are very pleased with this […]

  • AET names LNG-fueled DPST pair

    16 October 2019

    Singapore-headquartered petroleum tanker owner and operator AET, named two of the world’s first LNG dual-fuel dynamic positioning shuttle tankers (DPSTs).

  • Greece: Navios Acquisition Announces Charter for Its Newbuilding

    6 February 2013
    Business & Finance

      Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced today that it has chartered out a newbuilding MR2 product tanker expected to be delivered during the second quarter of 2013. The MR2 product tanker Nave Capella has been chartered out to a high-quality counterparty for one year at a rate of […]

  • Empresa Naviera Elcano Orders Two Bulk Carriers

    28 September 2015
    Business & Finance

    Spanish owner and operator of tankers, gas carriers and bulk carriers Empresa Naviera Elcano has placed an order for two 121,000 dwt bulk carriers at Sinopacific Shipbuilding of China. The two bulkers are scheduled for delivery in 2017. The value of the contract was not disclosed. Empresa Naviera Elcano currently owns and operates a fleet of five bulk […]

  • No Damage to Cargo Aboard ONE’s Ship after Collision in Greece

    3 October 2019
    Business & Finance

    ONE Blue Jay has since the collision departed the Port of Perama and is deployed in MD2 service.

  • Empresa Naviera Elcano Orders Two Bulk Carriers

    28 September 2015
    Business & Finance

    Spanish owner and operator of tankers, gas carriers and bulk carriers Empresa Naviera Elcano has placed an order for two 121,000 dwt bulk carriers at Sinopacific Shipbuilding of China. The two bulkers are scheduled for delivery in 2017. The value of the contract was not disclosed. Empresa Naviera Elcano currently owns and operates a fleet of five bulk […]

  • Ocean Yield buys two Suezmaxes with sustainability-linked lease

    13 November 2023
    Business Developments & Projects, Infrastructure, Vessels

    Norwegian shipowner Ocean Yield AS has agreed to acquire two 2022-built Suezmax tankers that will be chartered out under a sustainability-linked lease agreement.

  • World’s 1st methanol-fueled ferry in first STS bunkering op

    25 January 2023
    Vessels

    On 23 January, the world’s first methanol ferry, Stena Germanica, was the first non-tanker to complete ship-to-ship (STS) methanol bunkering at the Port of Gothenburg.

  • Euronav to Merge with Gener8 Maritime

    21 December 2017
    Business & Finance

    Euronav NV and Gener8 Maritime have reached an agreement on a stock-for-stock merger.