10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Clear Sailing for Suezmaxes

    13 October 2014
    Business & Finance

    Several tanker owners have recently placed orders for Suezmax tankers and market pundits have discussed the merits or, in some cases, the potential pitfalls of the renewed interest in this segment of the tanker market, says Poten & Partners in its latest Tanker Opinions. Poten claims that the last time the Suezmax sector experienced a significant number […]

  • Norsepower Rotor Sails Achieve 8.2% of Fuel Savings on Maersk Pelican

    24 October 2019

    The trial was conducted over a 12-month period.

  • China: Naming Ceremony for Reinhold Schulte

    31 August 2012

    The Naming Ceremony for 25,000 DWT IMO II Chemical/Product Tanker (MD096) was successfully held in Nantong prince dock today. On the ceremony, God mother Mrs. Pinker named the vessel “Reinhold Schulte”. More than one hundred people attended the ceremony, including friends from Bernhard Schulte, SMC, DNV and trading house as well as Shipyard’s own employees. […]

  • V.Group Buys Selandia, Expands Presence in Asia

    17 November 2016
    Business & Finance

    Ship manager V.Group has acquired Mumbai-based maritime services provider Selandia Holdings Pte. Ltd and its subsidiaries, comprising the Selandia Ship Management Group, as part of its plans to expand in Asia. Selandia will continue to operate as an independent ship management brand within the V.Group portfolio, enhancing the company’s resources in the tanker sector. Combining Selandia’s […]

  • China: CEO of Transpetro Visits COSCO Shipyard Group

    16 September 2011

    In August, Mr. Ma Zhihong, Party Secretary of the COSCO Shipyard Group, warmly welcomed Mr. Sergio Machado, CEO of Petrobras Transporte SA (Transpetro), who visited COSCO Nantong Shipyard to attend the naming ceremony of the 59,000DWT shuttle tankers. Mr. Ni Tao, G. M. of COSCO Nantong Shipyard, Mr. Zhu Zhihong, Party Secretary of COSCO Nantong […]

  • DSME in Yamal LNG Shipbuilding Deal, Russia

    4 July 2013
    Project & Tenders, Vessels

    Daewoo Shipbuilding & Marine Engineering (DSME) of South Korea has reportedly won a tender to build up to 16 ice-class liquefied natural gas tankers for Russia’s Yamal LNG project. The agreement also allows transfer of rights to finance the tankers’ construction to third parties – shipping companies chosen by Yamal LNG, Reuters reported. According to […]

  • Euronav offloads VLCC oldie

    8 May 2020
    Infrastructure, Vessels

    Belgium’s tanker shipping company Euronav has disposed of TI Hellas, one of its older very large crude carriers (VLCCs).

  • Rotterdam Handles 51 Giants with Fuel Oil in 2015

    4 January 2016

    The Dutch Port of Rotterdam saw 51 very large crude carrier (VLCCs) discharge and/or load fuel oil during 2015, 22 more of these 200,000-320,000 dwt giants than in 2014. With these, a total of 283 VLCCs visited Rotterdam during a period of ten years. Two thirds of the 51 VLCCs handled discharged crude oil before leaving again with […]

  • SCF Group’s Viktor Bakaev Transits Northern Sea Route

    29 October 2013
    Business & Finance

    On 28 October 2013, at 12:20 p.m. Moscow time, the SCF Group (Sovcomflot) tanker Viktor Bakaev passed Cape Zhelaniya, thus completing her transit of the Northern Sea Route (NSR). The voyage across the NSR took 14 days, including the time waiting for the ice convoy of vessels to form. The average speed of Viktor Bakaev […]

  • Elengy readies Fos Cavaou terminal for LNG bunkering

    21 May 2018

    Elengy, a unit of the French energy company and LNG player Engie, together with Fosmax LNG, have started works on adapting the Fos Cavaou LNG terminal for LNG bunkering service. 

  • BIMCO: 2016 Another Challenging Year for Shipping

    4 January 2016

    As the 2016 dawns upon us, the shipping industry should brace itself for yet another challenging year, according to BIMCO, as hope for a bounce-back in 2016 fades away. Despite this, the International Monetary Fund has forecast higher GDP growth rates for 2016 across the board. The shipping industry can expect an uncertain and lower level […]

  • New Zealand: Captain Sentenced for Exceeding Alcohol Limit

    13 December 2018
    Business & Finance

    Tanker captain sentenced and removed from his position for exceeding the alcohol limit, according to Maritime NZ.

  • OSG nets $49.1 million loan

    25 November 2020
    Business & Finance, Vessels

     NYSE-listed tanker owner and operator Overseas Shipholding Group has closed a $49.1 million loan to finance a newbuild oil and chemical ATB barge. OSG’s subsidiaries, OSG 205 LLC and OSG Courageous II LLC, will use the loan to refinance the tug to which the barge is being paired, the OSG Courageous. The new 204,000 barrel U.S. Flag […]

  • Ocean Yield becomes co-owner of dual-fuel boxship

    1 July 2021
    Business Developments & Projects, Environment, Infrastructure, Outlook & Strategy, Transition, Vessels

    Norway’s shipowner Ocean Yield ASA has decided to acquire 49.9% equity interest in one dual-fuel newbuilding container vessel.

  • Nordic American Offshore appoints CEO

    27 March 2014

     Tor-Øyvind Bjørkli (42) will join Nordic American Offshore as CEO, effective April 1, 2014. Tor-Øyvind will be working from out of the Oslo office on the same premises as Orion Tankers; the chartering department of Nordic American Tankers Limited (NAT). A subsidiary of Nordic American Tankers is the manager of the recently established Nordic American Offshore […]

  • Frontline Acquires VLCC Resale, Orders LR2 Duo

    20 June 2019
    Business & Finance

    Company acquired a scrubber-fitted VLCC resale from HSHI and ordered two LR2 newbuildings in China.

  • Elengy to Put Up Fos Tonkin LNG Terminal Capacities for Sale

    22 January 2019

    Elengy is preparing the sale of access capacities to the Fos Tonkin LNG terminal for the period 2021-2030.

  • OSC Inks VLCC Affreightment Deal with Shell

    16 January 2017
    Business & Finance

    Oman Charter Company (OCC), a subsidiary of Oman Shipping Company (OSC), has entered into a contract of affreightment (COA) for its very large crude carriers (VLCCs) with Shell International Eastern Trading Company (Shell) for three years. The contract grants Shell access to VLCCs operated by OCC for crude oil cargo transportation requirements and provides OCC […]

  • KNOT Offshore Partners Wraps Up Raquel Knutsen Deal

    2 December 2016
    Business & Finance

    Scotland-headquartered KNOT Offshore Partners LP has completed its acquisition of the ownership interests in the company that owns and operates the shuttle tanker Raquel Knutsen. KNOT Offshore Partners bought the interest for an aggregate purchase price of USD 116.5 million less USD 103.5 million of outstanding indebtedness, USD 29 million of which was repaid at […]

  • 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.

  • Ocean Yield Wins Arbitration Case against Okeanis

    26 February 2020
    Business & Finance

    Ocean Yield wins arbitration case against Okeanis ECO Tankers.

  • Scorpio Enters Boxship Market with Style

    13 August 2014
    Business & Finance

    Scorpio Group, Monaco-based owner of tankers and bulk carriers, has secured charter agreements for its three 19,200 teu containerships to be built by Samsung Heavy Industries, according to sources close to the matter. The newbuilds, to be delivered in 2016, are said to have been hired by Mediterranean Shipping Co on a 15-year bareboat charter. […]

  • Greece: NewLead Holdings Takes Delivery of New Handysize Vessel

    2 August 2011
    Business & Finance

    NewLead Holdings Ltd., an international shipping company owning and operating tankers and dry bulk vessels, today announced that on July 28, 2011, the “Navios Serenity,” a new Handysize dry bulk vessel of 35,000 dwt, was delivered from a Korean shipyard to NewLead’s fleet. Mr. Michael Zolotas, president, chief executive officer and interim chief financial officer […]

  • Shipping Corporation of India Sells Two Vessels

    12 March 2012
    Business & Finance

    Shipping Corporation of India Ltd announced that it has sold a Handymax Bulk Carrier, “m.v. Pataliputra” biult 1987 (47,304 DWT), and a chemical tanker, m.t. “Sabarimala” built 1992 (33,056 DWT), and handed over their physical deliveries to the respective buyers. The Shipping Corporation of India (SCI) is a company owned by the Government of India […]

  • Top News of the Week March 3 – 8, 2014

    9 March 2014
    Business & Finance

    Gondan Shipyard to Build New Vessel for Marine Research Institute of Norway Gondan shipyard has been awarded the construction of a new oceanographic vessel for the Institute of Marine Research of Norway. The contract is due for signing on 14 March. STX O&S Wins New Tankers Order from Greece STX Offshore & Shipbuilding (STX O&S), […]