10000 results found for 'tanker'

10000 results found for 'tanker'
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  • VIDEO: US Coast Guard Medevacs Tanker Captain

    8 August 2014

    A U.S. Coast Guard helicopter crew evacuated the captain of a tanker approximately 50 miles offshore of Corpus Christi, Texas, Wednesday morning. Watchstanders at the Coast Guard Sector Corpus Christi command center were notified Tuesday at approximately 4:30 p.m. that the 50-year-old captain of the Weser, a 422-foot oil and chemical tanker vessel, was experiencing severe […]

  • Teekay Tankers’ CEO to Resign in June

    14 January 2014
    Business & Finance

    Teekay Corporation and Teekay Tankers Ltd. announced that Bruce Chan, Chief Executive Officer of Teekay Tankers and President of Teekay Tanker Services, has informed the Company of his intention to resign from his position effective June 20, 2014 after more than 18 years of service with the Company.  Peter Evensen, Teekay’s President and Chief Executive […]

  • Yacht and gas tanker in collision

    17 April 2007

    A yacht has been towed to safety after a collision with a ship carrying liquid petroleum gas off the Suffolk coast. Great Yarmouth Coastguard was alerted to the accident on Monday evening by two people on board the 45ft yacht, which was taking on water.

  • Pirates Approach Tanker in the Gulf of Aden

    20 November 2018
    Business & Finance

    Pirates attempted to board a Singapore-flagged tanker in the Gulf of Aden, Asian piracy watchdog ReCAAP ICC informed.

  • Alpha Adriatic Sells Detained Tanker

    6 January 2020
    Business & Finance

    Alpha Adriatic has reached an agreement with an international banking syndicate to sell a detained tanker. 

  • Monjasa Acquires Bunker Tanker for English Channel Operation

    14 June 2018
    Business & Finance

    Monjasa acquires the 3,600 dwt tanker, MT Fredericia, for “continued bunker operation” in the English Channel.

  • Scorpio Tankers Widens Net Loss

    31 October 2018
    Business & Finance

    Scorpio Tankers wrapped up the first three quarters of this year with a widened net loss.

  • Teekay Tankers Lands Five Aframaxes

    18 December 2014
    Business & Finance

    Teekay Tankers Ltd. has agreed to acquire four coated Aframax tankers and one uncoated Aframax tanker for an aggregate purchase price of approximately USD 230 million. The five vessels, which are expected to be delivered in the first quarter of 2015, were constructed in 2008, 2010 and 2011 at shipyards in Japan and China. Upon delivery, […]

  • Scorpio Tankers Slips Further into the Red

    14 February 2018
    Business & Finance

    Scorpio Tankers has reported a widened net loss for Q4 and full year.

  • Scorpio Tankers Puts Deliveries to Work

    27 April 2015
    Business & Finance

    Monaco-based tanker specialist Scorpio Tankers has taken delivery of one LR2 and one MR product tanker newbuild. The STI Oxford is an LR2 product tanker delivered from Hyundai Samho Heavy Industries, which upon delivery began a voyage for 50 days at approximately USD 41,000 per day. The MR tanker STI Queens was delivered from South Korea’s SPP Shipbuilding and […]

  • Teekay Tankers Ends Quarter in Loss

    3 November 2016
    Business & Finance

    Nasdaq-listed tanker shipping company Teekay Tankers, a part of Teekay Corporation, has concluded the third quarter of 2016 with a net loss, mainly impacted by lower spot tanker rates in the period. Namely, the company reported a net loss of USD 5.5 million for the quarter, compared to a net income of USD 40.9 million in the […]

  • Team Tankers Ups Loan Facility

    20 October 2015
    Business & Finance

    Bermuda-headquartered chemical tanker owner and operator Team Tankers International has increased its existing USD 100 million loan facility by additional USD 50 million. ABN AMRO has joined the facility as the lender of the additional funds, with the remaining USD 100 million provided by  SEB and NIBC Bank. “We are delighted to establish a relationship with […]

  • NYK to issue new round of transition bonds to support its ambitious decarbonization plan

    12 November 2025
    Business & Finance, Business Developments & Projects

    Japanese shipping major Nippon Yusen Kaisha (NYK) has announced plans to issue transition bonds in late November in an effort to accelerate its decarbonization projects.

  • Tanker Hijacked by Migrants Reaches Malta

    28 March 2019

    A tanker which was hijacked by migrants in Libyan waters has arrived at a port in Malta.

  • Thun Tankers Orders Fifth Newbuilding

    4 September 2017
    Business & Finance

    Dutch coastal shipping company Thun Tankers has declared the option for a fifth tanker to be added to the previously contracted four product/chemical tankers. The additional order comes only months after the company decided to expand its fleet with four new 17,500 dwt IMO II tankers. The five vessels, which will be delivered between 2019 and 2020, are […]

  • Teekay Tankers in Share Buyback Move

    15 September 2017
    Business & Finance

    Bermuda-based shipping company Teekay Tankers has announced a share repurchase program for the buyback of up to USD 45 million of the company’s shares.  “During this period of weaker tanker rates, one of our key priorities remains strengthening our balance sheet by further reducing financial leverage and increasing liquidity,” Kevin Mackay, Teekay Tankers’ President and CEO, explained. […]

  • US Removes Sanctions on PB Tankers

    4 July 2019
    Business & Finance

    PB Tankers was removed from the list after terminating its contract with Cuban state-run company Cubametales.

  • d’Amico buys leased MR tanker

    8 February 2021
    Infrastructure, Vessels

    d’Amico Tankers D.A.C. (Ireland), part of Italian shipping company d’Amico International Shipping S.A. (DIS), has exercised its purchase option on the MT High Priority, a 46,847 dwt MR product tanker.

  • South Korea: Scorpio Tankers, HMD Sign Contract for 52.000 DWT MR Product Tanker

    23 December 2011

    Scorpio Tankers Inc has signed a contract with Hyundai Mipo Dockyard Co., Ltd. of South Korea (HMD) to construct a 52,000 DWT MR product tanker for approximately $36.4 million. The company executed a $92.0 million credit facility (“2011 Newbuilding Credit Facility”) with Credit Agricole Corporate and Investment Bank (“CA-CIB”) and Skandinaviska Enskilda Banken AB (“SEB”) […]

  • Tanker Ordering Frenzy Winding Down

    23 June 2015
    Business & Finance

    Tanker newbuilding activity in the second quarter of the year is showing signs of slowing down compared to the first quarter, though the market remains ”robust in terms of numbers,” the London-based shipbroker Gibson said in its tanker report. The first quarter of the year saw the highest tanker newbuilding activity since 2007, but the second […]

  • Tanker Investments Eyes Share Repurchase

    23 October 2014
    Business & Finance

    Marshall Islands-based tanker company Tanker Investments Ltd. (TIL) expects to report a net loss in the range of USD 0.01 to USD 0.03 per share for the third quarter of 2014, the company said in its earnings guidance for the three months ended September 30, 2014. TIL’s board of directors has authorized a share repurchase program to […]

  • Scorpio Tankers Swaps Handymaxes for MRs

    24 August 2015
    Business & Finance

    Monaco-based Scorpio Tankers informed that it has amended its agreement with Hyundai Mipo Dockyard Co. Ltd. of South Korea (HMD) to construct MR and Handymax product tankers.  Under the amended deal, Scorpio has contracted for four MR product tankers to be built at HMD, replacing the previous order for two MR product tankers and two Handymax product tankers. […]

  • KNOT’s Shuttle Tanker to Work for Total

    28 August 2019
    Business & Finance

    Knutsen NYK Offshore Tankers AS (KNOT) concludes a time charter contract with Total for a shuttle tanker newbuilding.

  • Fearnleys: Tanker Rates Sink Again

    4 December 2014

    A considerable slowdown has pushed tanker rates down in both Middle East Gulf (MEG) and West Africa, according Fearnleys weekly tanker chartering report. Relatively few cargoes are in play at the same time in MEG which is a major change from last week, the brokerage firm said. As indicated in the weekly review, there is […]

  • Navios Acquisition Disposes of Chemical Tanker

    18 November 2016
    Business & Finance

    Greek tanker owner Navios Maritime Acquisition Corporation (Navios Acquisition) has informed that it closed the sale of the Nave Constellation, a 2013-built chemical tanker.  The 50,000 cbm vessel was sold for USD 36.4 million to an unnamed buyer. Navios Acquisition revealed it used USD 16.4 million of the total amount for repayment of debts. According […]