10000 results found for 'tanker'

10000 results found for 'tanker'
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  • 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.

  • Update: MT Maximus Hijackers Arrested and on Display in Nigeria

    24 February 2016

    The Nigerian Navy on Monday publicly paraded the pirates, who were arrested for hijacking the Panamanian oil tanker MT Maximus which the navy released in a night-time gun battle with the pirates near Sao Tome. Namely, the six bare-chested men, all of Nigerian nationality, were paraded in front of the international media in Lagos as the […]

  • South Korea: SHI Delivers First of Four Suezmax Vessels to AET

    27 April 2012

    Recognising the ever increasing demand for more fuel efficient and environmentally friendly vessels, leading tanker owner/operator, AET, has taken delivery of the first of four “eco-design” Suezmax tankers. These are the first Suezmax vessels to be owned by the company. Built by Samsung Heavy Industries in Korea, the first 157,000 dwt vessel was delivered and […]

  • South Korea: SHIs Records Significant Growth in Orders

    8 July 2011

      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 […]

  • MSI: Future Shipping Cycles to See Structural Change

    11 August 2016
    Business & Finance

    Excess shipyard capacity and a slowing but still considerable orderbook are the negative factors overhanging brighter prospects for shipping demand growth, according to Maritime Strategies International (MSI). MSI has forecast a structural change to future shipping cycles, “with shorter, sharper cycles with any bull run culled by the relative rapid delivery of legions of ships via the […]

  • Euronav Seals Deal for VLCC Quartet

    16 June 2015
    Business & Finance

    Antwerp-based tanker company Euronav has struck a deal for the acquisition through resale of four VLCCs which are completing construction at Korean shipbuilder Hyundai Heavy Industries for an aggregate purchase price of USD 384 million or USD 96 million per unit. The vessels are due to be delivered in September 2015, January, March and May 2016 respectively. […]

  • Norden Aims to Return to Profit in 2017

    1 March 2017
    Business & Finance

    As 2016 was a particularly difficult year for the shipping industry, Danish shipping company Dampskibsselskabet Norden A/S said that its adjusted results for the year amounted to a loss of USD 35 million. Norden added that the results are in line with the latest expectations, as the company generated earnings in dry cargo and tankers which were […]

  • Sovcomflot posts 2017 loss

    20 March 2018

    Russia’s largest shipping company Sovcomflot slipped to a loss for the year 2017, a year characterized as ‘one of the worst’ for the conventional tanker market.  The company reported a net loss of $113 million for the year, compared to the $206.8 million reported in 2016. Conventional tanker freight rates fell by almost 50 percent […]

  • B+H Ocean Carriers Ltd. Announces Vessel Acquisitions

    3 July 2006

    B+H Ocean Carriers Ltd. (AMEX: BHO) announced today that it had acquired a 1988-built, double-sided, 61,000 DWT Panamax product tanker to be renamed MT SACHEM. The purchase also reflects the continuation of a Time Charter which continues through February or March 2007. The Company noted that the purchase will have minimal effect on the operating […]

  • Qatari LNG Cargo Bound for Taiwan

    1 July 2013
    Vessels

    The Simaisma LNG tanker, with a capacity of 145,800 cubic metres, is scheduled to arrive in the Taiwan’s Yung-An terminal on July 10, according to shipping data. The LNG tanker is sailing  from Qatar’s Ras Laffan port. Taichung is a regasification terminal based in Taichung, Taiwan and operated by CPC. It has a nominal annual capacity […]

  • UK: DNV Unveils Concept Design for LNG-fueled VLCC

    7 December 2010

    The new crude oil concept vessel, named Triality, has been developed through a DNV innovation project. As its name indicates, it fulfils three main goals: it is environmentally superior to a conventional crude oil tanker, its new solutions are feasible and based on well known technology, and it is financially attractive compared to conventional crude […]

  • Sustainable with a Capital S

    12 April 2012

    On a snow-filled February day in Geertruidenberg, the Netherlands, Interstream Barging and Peters Shipyards presented their LNG Greenstream tanker, the culmination of creative innovation. “This is not just any kind of project”, states Pieter Peeters, CEO of Interstream Barging. Peeters comments that the project is the result of real interest, found through their market research, […]

  • Port of Gothenburg reveals LNG bunkering regulations

    2 July 2015
    Vessels

    Port of Gothenburg said that, in collaboration with the Port of Rotterdam together with the Swedish Transport Agency, it has drafted new bunkering regulations for ships operating on LNG.

  • Transas equips Tärntank’s latest newbuilding project Tarnbris

    19 October 2007

    Tarnbris, the latest tanker to be built by Tärntank Rederi AB, has been fitted with Transas dual ECDIS 3000-I. The system also has ENC charts installed for paperless operation. The tanker was built in Turkey during 2007. After the installation, Transas also provided crew members with four days’ onboard training in Istanbul. This was done […]

  • UK Accuses Iran of Selling Adrian Darya 1 Cargo to Syria

    12 September 2019
    Business & Finance

    “Iran has shown complete disregard for its own assurances over Adrian Darya 1,” UK’s Foreign Secretary said.

  • Union on Strike Against Algoma

    24 October 2017
    Business & Finance

    Canadian Merchant Services Guild has launched a strike against the country’s shipping company Algoma Central Corporation. The union represents navigation and engineering officers on the company’s domestic product tanker fleet. As informed, 54 employees of Algoma Tankers Limited are involved in the strike. “The union has provided assurance that the vessels affected by the strike […]

  • EDF Group Commissions Dunkerque LNG Terminal

    11 July 2016
    Business & Finance

    The first liquefied natural gas (LNG) tanker Madrid Spirit docked at the Dunkerque LNG terminal’s jetty on July 8, marking the industrial start-up of the facility, the French electric utility company EDF Group said. With the arrival of the 2004-built LNG tanker, the terminal received some 130,000 m3 of LNG, originating from a liquefaction plant in Bonny, Nigeria. “The arrival […]

  • GulfNav Settles VLCC Dispute

    19 February 2017
    Business & Finance

    Dubai-based shipping company Gulf Navigation Holding PJSC (GulfNav) has reached a final settlement with three lenders including DVB Bank SE, BNP Paribas and DNB Bank ASA related to very large crude carriers (VLCCs) sold in 2014. The vessels, Gulf Sheba and Gulf Eyadah, were seized by the banks in 2013 after GulfNav failed to repay the loan for the […]

  • MSC Boxship Reports Oil Spill during Bunkering in Portugal

    9 April 2019
    Business & Finance

    An MSC containership has reported leakage of marine fuel while undergoing refueling in Sines.

  • Singapore Detains Pan Ocean Ship

    2 March 2018

    An oil/chemical tanker has been arrested in Singapore waters.

  • Singapore: FSLTM Records Revenue Decrease in 3QFY12

    30 October 2012
    Business & Finance

    FSL Trust Management Pte. Ltd. (FSLTM), as trustee-manager of First Ship Lease Trust announced the financial results of FSL Trust for the third quarter ended 30 September 2012 (“3QFY12”). In 3QFY12, FSL Trust successfully delivered its three chemical tankers into the ‘Nordic Siva’ pool as well as a second product tanker, FSL Hamburg, to Petròleo […]

  • Control Measures Planned in Xiamen Bay during BRICS Summit

    3 August 2017

    Temporary restrictions are being introduced on the sulfur content of fuel used and the movement of vessels carrying certain types of cargo in Xiamen Bay, China during the BRICS summit in September 2017, Xiamen People’s Government said in a notice. As a result, ships entering the waters of the Port Area of Xiamen Bay are prohibited from […]

  • Weathernews to Navigate Maersk’s Vessels

    23 March 2016
    Business & Finance

    Danish shipping companies Maersk Line and Maersk Tankers have signed a three-year contract with Japan-headquartered weather company Weathernews that covers weather routing services, port forecasts and other weather-driven risk communication services. Operating from five global operations centers, Weathernews is to provide continuous monitoring and communication year-round twenty-four hours a day to Maersk vessels for safety and […]

  • Aegean Shipping Management Breaks into Dry Bulk Market with Kamsarmax Order

    5 September 2017
    Business & Finance

    Greek tanker owner Aegean Shipping Management S.A. has signed an order with Chinese Cosco Shipping Heavy Industry for up to eight 82,000 DWT Kamsarmax bulk carriers, thus venturing into the dry bulk sector. The order comprises four firm and four optional ships in a 4+2+2 series to be constructed by Cosco Zhoushan shipyard, with deliveries scheduled for the second half […]

  • Gazprom MT Inks Long-Term Charter Deal for Ob River

    13 January 2017
    Business & Finance

    Gazprom Marketing & Trading, a subsidiary of Russian gas conglomerate Gazprom, has entered into a 10-year time-charter contract for its 2007-built liquefied natural gas (LNG) tanker Ob River with Sakhalin Energy. Ob River is currently under a short-term charter with Sakhalin Energy. In 2015 Sakhalin Energy announced a tender for the long-term charter of an […]