10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Tandara Spirit Crew End Their Sit-In

    27 November 2014
    Business & Finance

    The Australian crew of the product tanker Tandara Spirit decided yesterday to end their sit-in and to sail the vessel from Port Phillip Bay, the crew said in an open letter published by the Maritime Union of Australia (MUA). The Tandara Spirit’s crew were told three weeks ago that they will be made redundant and replaced […]

  • Moody’s: Japanese shipping giants to face high debt levels on LNG investments

    18 August 2014
    Vessels

    Moody’s Japan K.K. says that new investments by Japanese shipping companies in tankers to carry liquid natural gas (LNG) will keep their debt levels high and slow deleveraging.  Moody’s notes that its three rated Japanese shipping companies — Nippon Yusen Kabushiki Kaisha (NYK, Baa2 negative), Mitsui O.S.K, Lines, Ltd. (MOL, Baa3 review for downgrade) and […]

  • First Ship Lease Sinks into Red on Impairment Losses

    22 February 2019
    Business & Finance

    FSL’s profit before impairments during FY18 was positive.

  • Report: Frontline in Talks with Gener8 as It Abandons DHT Pursuit

    31 May 2017
    Business & Finance

    After several unsuccessful attempts aimed at acquiring DHT Holdings and a couple of lawsuits against the company, Norwegian tanker owner and operator Frontline is said to be dropping its acquisition plans and eyeing another company. In an interview with the Wall Street Journal, Frontline’s CEO John Fredriksen said that “the company would likely drop” the monthslong […]

  • UK: ICAP Shipping Acquires Island Shipbrokers

    21 February 2012
    Business & Finance

    ICAP Shipping, the shipping arm of ICAP plc, the world’s leading interdealer broker, today announced that it has acquired Island Shipbrokers Pte Ltd, a shipbroking company based in Singapore, from Tim Madley, Allan Spangsberg and Mystic Enterprises Limited. Island Shipbrokers Pte Ltd’s core business is tanker chartering, sale and purchase, new building contracts and shipping […]

  • Damen Shiprepair Brest (France) Wins Second LNG Repair Contract

    24 September 2012

    Damen Shiprepair Brest (France) has been awarded a second firm booking for the drydocking, maintenance and repair of the LNG carrier ‘Lalla Fatma N’Soumer’. The Hyproc Shipping owned and managed 80,920 dwt vessel will arrive end-September, straight after the shipyard has completed the Bonny Gas Transport ‘LNG SOKOTO’ contract Jos Goris, Managing Director of Damen […]

  • Teekay Completes Management Transition, Announces Changes to BoD (Canada)

    1 April 2011

      Teekay Corporation announced today that it has completed its management transition following the previously announced retirement of Bjorn Moller. Effective today, Peter Evensen, Teekay Corporation’s former Executive Vice President and Chief Strategy Officer, succeeds Mr. Moller as Teekay Corporation’s President and Chief Executive Officer (CEO). Effective today, Mr. Evensen also joins Teekay Corporation’s Board […]

  • Damen Shiprepair Brest Gets ISO 9001:2008 Certification

    4 December 2013

    Damen Shiprepair Brest has received certification from Lloyd’s Register Quality Assurance for aligning its quality and safety management systems with internationally recognized standards. A certificate of approval for the ISO 9001:2008, management standards was presented by LRQA France at the shipyard premises on 26 November 2013. Damen Brest’s Managing Director Jos Goris comments: “We are […]

  • Qatargas Chooses Fern Radio Repeater for Communications Offshore Qatar

    18 August 2011
    Equipment

    Fern Communications Ltd, a provider of two-way radio communications systems to the international upstream oil and gas industries, today announced that for the first time its FRX-1 radio repeater has undergone field trials conducted offshore Qatar. The outstanding performance of Fern Communications’ radio technology for Qatargas led the company to purchase FRX-1 radio repeater systems […]

  • Celsius Tech’s LNG fleet hits double-digit milestone

    30 September 2024
    Business & Finance, Business Developments & Projects

    Celsius Tech Limited, the Hong Kong-based technical management arm of Danish shipowner Celsius, has taken delivery of a liquefied natural gas (LNG) vessel from South Korea’s Samsung Heavy Industries (SHI).

  • USA: Tekay Offshore to Deliver a Presentation at National Association of PTPs

    11 May 2010

    Teekay Offshore Partners (Teekay Offshore or the Partnership announced that Chief Executive Officer Peter Evensen will deliver a presentation at the National Association of Publicly Traded Partnerships 2010 Master Limited Partnerships (MLP) Investor Conference in Greenwich, Connecticut on May 12, 2010 at approximately 8:00 a.m. (ET). Teekay Offshore Partners L.P., a publicly-traded master limited partnership […]

  • Court Confirms USD 1.8 Bn Prestige Oil Spill Compensation

    21 December 2018
    Business & Finance

    Supreme Court in Madrid upheld the Prestige ruling, said Spain is to receive EUR 1.6 billion in compensation.

  • Record Number of Vessels in Transit on Northern Sea Route

    29 November 2011

    The Northern Sea Route has set the record with the highest number of vessels in transit from Murmansk to another country. According to Rosatomflot, operator of the nuclear icebreaker fleet, 34 vessels have sailed the Northern Sea Route this year with total cargo of 820 000 tons. Last year, only four vessels sailed through the […]

  • 37 Bahri Ships to Fly Saudi Arabia’s Flag

    18 April 2017
    Business & Finance

    National Shipping Company of Saudi Arabia (Bahri) revealed plans to re-flag 32 of its very large crude tankers (VLCCs) and five of its mid-size carriers under the domestic flag by the end of 2017. The move comes amid a positive shift the country’s transport sector has witnessed. In addition, the initiative is another achievement of the […]

  • Vessel Traffic Continues as Fog Clears in Houston

    1 December 2015

    The heavy fog which blocked all vessel traffic in the US Houston Ship Channel for four days, has cleared enough to allow the Houston Pilots to continue boarding all vessels. The channel continued its operations yesterday around 11 am local time with boarding of in-bound vessels only, according to Gulf Agency Company Limited (GAC) USA. GAC added that a number of vessels […]

  • Bulker Crashes into Historic Building on Istanbul’s Bosphorus

    8 April 2018
    Business & Finance

    Malta-flagged bulker Vitaspirit crashed into a historic building while underway in Istanbul’s Bosphorus strait.

  • Sea Asia – Day One Closes on High Note (Singapore)

    12 April 2011

    The Sea Asia conference focused on the bulk markets this afternoon with a lively debate among panelists on where the tanker and dry bulk shipping markets are heading. The session was the highlight of the afternoon’s proceedings which followed on from the opening session on container market trades this morning. The show, which articulates the […]

  • d’Amico Delivers Loss, Awaits Healthier Spot Market

    10 November 2017
    Business & Finance

    Due to a challenging product tanker market witnessed so far this year, Italy-based shipping firm d’Amico International ended the first nine months of 2017 in loss. The company reported a net loss of USD 13.6 million for the period, against a net profit of USD 6 million seen in the first nine months of 2016. Time […]

  • N-KOM: Rotor Renewal for LNG Carrier Aseem

    16 April 2014
    Vessels

    LNG tanker Aseem, managed by the Shipping Corporation of India (SCI), was recently repaired at the Nakilat-Keppel Offshore & Marine (N-KOM) shipyard in Qatar. “The highlight of the repair was the renewal and installation of two AMZ 1120 rotors for the 12,650 KW capacity Main Propulsion motors, done under the supervision of ABB,” N-KOM said […]

  • Qingshan Shipyard Nets Contract for Asphalt Carrier Duo

    21 September 2015
    Business & Finance

    Xin Yuan Group (Hongkong) Corporation has reportedly ordered two 7,499 dwt asphalt carriers to be built at Sinotrans & CSC Shipbuilding Industry Corporation’s Qingshan Shipyard. The two asphalt carriers are slated for delivery in December 2016 and January 2017. The latest order follows the launching ceremony of the first 12,800 dwt asphalt tanker built by Qingshan Shipyard […]

  • Another LNG carrier scheduled at South Hook next week

    3 July 2014
    Vessels

    The Al Ghuwairiya LNG tanker, with a capacity of 263,000 cubic metres, is due to arrive in the UK’s South Hook terminal from Qatar on July 10, port data reveals.  This represents the second LNG tanker that will dock at the import terminal next week. The South Hook terminal can process 15.6 million tonnes of LNG a […]

  • Unicom first to sign up to Hull Integrity

    29 August 2006

    Unicom Management Services (Cyprus) Ltd (Unicom), the ship management arm of Russian national shipowner Sovcomflot, has become the first tanker operator to sign up multiple ships to Lloyd’s Register’s new Hull Integrity service. Unicom has enrolled 17 of its tankers in Hull Integrity, from its ‘Bridge’ class and ‘Sea’ class fleets. Both series of ships […]

  • Greek Company Denies Involvement in Massive Oil Slick off Brazil

    4 November 2019

    Brazilian authorities said a Greek-flagged tanker was responsible for the spill.

  • U.S. LNG first to pass through expanded Panama Canal

    20 July 2016
    Vessels

    The 161,870-cbm Maran Gas Apollonia, chartered by the Hague-based LNG giant Shell, will be the first LNG tanker to transit the newly expanded Panama Canal connecting the Atlantic and Pacific oceans. The Greek-flagged LNG tanker is scheduled to transit through the canal on July 25, a spokesperson for the Panama Canal Authority confirmed to LNG World News on […]

  • Maersk Group Announces Two Appointments

    30 October 2013
    Business & Finance

    Morten Engelstoft has been appointed CEO of Services & Other Shipping in Maersk. The appointment will have effect from January 1, 2014. In addition Morten Engelstoft will take over the position as CEO for Maersk Tankers, as Hanne B. Sørensen has been appointed CEO of Damco. The changes in Maersk Tankers and Damco will also […]