10000 results found for 'tanker'

10000 results found for 'tanker'
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  • China: SF Shipyard Looks to Recruit New Vessel and Marine Engineers

    21 November 2011

    A job fair especially launched for vessel and marine engineers was held in the gymnasium of Jiangsu University of Science and Technology on November 3, 2011. Taizhou Sanfu Ship Engineering Co., Ltd is a robust large-scale ship-building company. The shipyard is capable of building a great variety of Bulk Carriers, Container Vessels, MPC Vessels, and […]

  • BW Pacific Orders Four from STX

    11 December 2014
    Business & Finance

    BW Pacific has signed shipbuilding contracts with STX Offshore and Shipbuilding Co. Ltd. (STX) for four Long Range 1 (LR1) product tankers today, 11 December 2014.  The agreement with STX includes options for additional vessels. The four firm newbuildings will be delivered in late 2016 and early 2017 and form part of the company’s fleet renewal […]

  • Nakilat JV Secures USD 669 Million LNG Loan

    30 January 2014

    Nakilat of Qatar, world’s biggest LNG shipper, said it has secured a US $669 million facility with QNB Group for the refinancing of two existing LNG tankers and the purchase of two additional LNG tankers by its Maran-Nakilat joint venture. This is the second refinancing that Nakilat has secured for its Maran-Nakilat joint venture in […]

  • TEN eyes more dual-fuel ships

    15 September 2022
    Business & Finance, Green Marine, Vessels

    Greek shipping company Tsakos Energy Navigation (TEN) is accelerating its fleet modernization efforts as it seeks to invest in greener ships. The company said it was looking into divesting some of its older vessels and replacing them with more modern, eco-friendly vessels. The strategy builds upon the recent sale of the 2003-built Panamax tanker Inca, which […]

  • 13 Dead, 2 Missing as Fishing Vessel Sinks off South Korea

    4 December 2017
    Business & Finance

    At least thirteen people have lost their lives after a fishing boat collided with a tanker and sank off the coast of Incheon, South Korea, Yonhap News Agency said citing the country’s coast guard. The South Korean coast guard has continued a search and rescue operation for two more people, who were reported missing following the […]

  • Samos Steamship, N-KOM Extend Cooperation

    3 August 2016
    Business & Finance

    Greek shipping company Samos Steamship Co. has extended its cooperation with Qatar’s shipyard Nakilat-Keppel Offshore Marine (N-KOM) as the parties entered into a fleet agreement. Under the fleet agreement, N-KOM will be the preferred shipyard in the Middle East for repairs of all vessels owned by the shipping firm. Samos Steamship is an existing client of N-KOM, with […]

  • Sainty Marine Turns to Arbitration over Order Cancellations

    28 August 2015
    Business & Finance

    Shenzhen-listed shipbuilder Jiangsu Sainty Marine Corp informed that it has filed for arbitration at London Maritime Arbitration Association over cancellation of a shipbuilding contract. The order relates to construction of three chemical tankers that have been cancelled by an undisclosed owner on August 7 who also sought to return the pre-payment and relevant interest from China Exim […]

  • Picture of the day: LNG transshipment at Montoir-de-Bretagne

    7 March 2018
    Vessels

    Over the past weekend, the fifth transshipment of Yamal LNG volumes since the start of the year took place at Elengy’s liquefied natural gas terminal of Montoir-de-Bretagne.

  • MT Iver Courage Joins Vroon Fleet

    1 May 2015

    MT Iver Courage, a 3500-dwt bitumen tanker, last week joined the Vroon fleet as the vroon’s thirteen tanker of this class. The ship’s delivery ceremony took place on 21st of April at Jiangsu Islands Shipbuilding Industry Co., Ltd. Iver Courage is currently on her way to Korea to be loaded with her first cargo. She […]

  • Capital Adds Newbuilding, Lands New Charters

    2 April 2015
    Business & Finance

    Nasdaq-listed owner and operator of tanker, container and dry bulk ships Capital Product Partners has taken delivery of the 50,000 dwt newbuilding tanker M/T Active, and agreed on new time charter employment for two of its tankers at increased day rates. M/T Active was built by South Korea’s Samsung Heavy Industries, and it is the first of five vessels […]

  • BW Pacific Pushes Ahead with Its USD 250m IPO

    2 November 2015
    Business & Finance

    Oslo-listed product tanker owner and operator BW Pacific has resolved to launch the initial public offering on the Oslo Stock Exchange. Subject to approval of the listing application and successful completion of the Offering, the shares of BW Pacific are expected to be admitted to listing and commence conditional trading on the Oslo Stock Exchange […]

  • Helios LPG Pool to Start Operations in April

    26 March 2015
    Business & Finance

    Helios LPG Pool LLC, jointly run by owner and operator of VLGCs Dorian LPG and Phoenix Tankers Pte, a 100% subsidiary of Mitsui OSK Lines, will start operations on April 1st, 2015, Dorian said. The pool will operate eight VLGCs on the water, including four of Dorian LPG’s VLGCs: Corvette, Corsair, Captain John NP and Captain […]

  • A year in review for methanol as marine fuel: 82 ships by 2028

    3 January 2023
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    2022 has been a stellar year for methanol as an alternative fuel for ships as owners look to solutions to decarbonize their fleets. Based on the data from DNV, there are currently a total of 82 methanol-powered ships in operation and on order. The figure grew considerably from what we reported in August with 20 […]

  • MT Caribbean Galaxy Delivered

    21 December 2009

    Mitsui Engineering & Shipbuilding Co., Ltd. completed and delivered a 110,000 dwt type double hull crude oil tanker M.T. Caribbean Galaxy (MES Hull No. 1713) at its Chiba Works to South Eternity Shipping Inc., Panama, a subsidiary of Nan Fung Shipping Limited., Liberia on December 17, 2009. This is the 15th Aframax Tanker of 137.8-ft […]

  • Four Missing after Collision off Zhoushan

    24 November 2015

    Four members of the crew are missing from a sand carrier identified as Guoliang 399 that sank on Sunday, November 22nd after it collided with a product tanker Zi Yun 1 off Zhoushan, Ningbo, East China Sea. There were a total of eight crew members on board the ship, operated by Wuhu Guoliang Shipping, when the collision took place. […]

  • Ships Collide in Houston Ship Channel

    6 March 2015

    A chemical tanker collided with a container vessel on Thursday, March 5 while underway in the Houston Ship Channel. Following the collision between Hamburg Süd’s containership Monte Alegre and the chemical tanker Chembulk Houston, vessel movements were halted between LT26 and LT42 in the Channel as a precaution measure. At the time of the accident pilots were […]

  • South Korea: Fredriksen to Acquire New Vessels for USD 610 Mln

    15 February 2012

    John Fredriksen, the world’s 72nd-richest person according to Forbes magazine, has bought new vessels worth approximately $610 million. There are also clear indications that he might place new orders in the upcoming period. Six oil-product tankers were ordered from STX Offshore & Shipbuilding Co. for 235.5 billion won ($210 million). These tankers are known as […]

  • South Korea: Samsung Heavy Order Book Beats Expectations

    8 July 2011
    Business & Finance

      Samsung Heavy Industries announced on the 6th that it has received an order for two units of drill ships worth a total of USD 1.1225 billion (KRW 1.194 trillion) from Maersk, Denmark. The company successfully received orders worth USD 3.1 billion for six units of LNG tankers and five units of shuttle tankers, as […]

  • Norden Switches Focus to Four

    11 November 2015
    Business & Finance

    Danish shipping company Norden will focus on ownership and operation of four vessel types supplemented by operation of Handysize dry cargo vessels, under its newly adopted strategy ”Focus and Simplicity”. “The newly established department Asset Management will ensure that Norden utilises all attractive opportunities to invest in the 4 vessel types in the primary business area, while no […]

  • Frontline Agrees Loans to Partially Finance Four Ship Deals

    30 August 2017
    Business & Finance

    Tanker owner and operator Frontline signed two senior secured term loan facilities of USD 110.5 million each to partially finance four recent vessel deals. Under the deals, up to USD 110.5 million would be provided by ING Bank and the other USD 110.5 million would be provided by Credit Suisse, for the financing of the company’s […]

  • IMB: Pirate Attack Numbers Surge in West Africa

    11 April 2018
    Business & Finance

    IMB: Number of incidents around West Africa increased to 66 in Q1 2018, from 43 for the same period in 2017.

  • South Korea: Samsung Heavy Order Book Beats Expectations

    8 July 2011
    Project & Tenders

    Samsung Heavy Industries announced on the 6th that it has received an order for two units of drill ships worth a total of USD 1.1225 billion (KRW 1.194 trillion) from Maersk, Denmark. The company successfully received orders worth USD 3.1 billion for six units of LNG tankers and five units of shuttle tankers, as well […]

  • Euronav’s Earnings Drop amid Challenging Freight Market

    25 January 2018
    Business & Finance

    Euronav’s fourth quarter of 2017 net profit drops while the freight market remained under pressure.

  • LNG Bunker Vessel Kairos in Further Baltic Sea Firsts

    13 September 2019

    The LNG bunker operation took place while normal cargo was unloaded in parallel.

  • Kairos completes first LNG bunkering in port of Södertälje

    13 September 2019

    Hamburg-based Nauticor, a unit of Linde, said that Kairos conducted the first LNG bunkering in the port of Södertälje for the product tanker Ternsund.