10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Scorpio’s STI Mythos Joins Bahri’s Fleet

    30 March 2016
    Business & Finance

    The National Shipping Company of Saudi Arabia (Bahri) has taken delivery of the second of five second hand MRs ships bought in February for USD 166.5 million. MR ship STI Mythos was delivered and ownership was transferred to Bahri’s subsidiary National Chemical Carriers (NCC) on Tuesday, 29 March 2016 and the ship’s name was changed to NCC Jood. Bahri said […]

  • Billionaire Fredriksen to buy up distressed oil rig assets – paper

    18 December 2015
    Exploration & Production

    Norwegian-born billionaire John Fredriksen has set up a company to snap up oil rigs from firms struggling with low crude prices, adopting a similar approach to the one he used in 2012 when the tanker market collapsed.

  • Toisa hires shipbroking specialist Clarksons to sell 26 vessels

    6 April 2018

    A U.S. Bankruptcy Court has allowed the debt-laden vessel owner Toisa to hire the shipbroking specialist Clarksons as its broker to facilitate the fleet sale.

  • Capital Product Partners Secures Improved Rates for Vessel Trio

    1 May 2018
    Business & Finance

    Capital Product Partners secures work for three ships at higher daily rates.

  • India to Receive LNG Cargo

    23 April 2014
    Vessels

    Petronet’s Dahej terminal on India’s west coast is due to get a cargo of liquefied natural gas onboard the LNG tanker Aseem from Qatar on Saturday, shipping data reveals. The 155,000 cbm LNG tanker, managed by the Shipping Corporation of India, was recently repaired at the Nakilat-Keppel Offshore & Marine (N-KOM) shipyard in Qatar. The […]

  • VIDEO: Veka, Deen Inland LNG Carrier

    14 June 2013

    VEKA Group and Deen Shipping signed a collaboration agreement and revealed the first product of their collaboration last month, an innovative ship design for the first inland LNG carrier. This content is available after accepting the cookies. Change cookie-settings View on Vimeo. This new tanker has a length of 90 meters and will be able […]

  • Stena Bulk hires two eco MR newbuilds

    1 June 2021
    Vessels

    Tanker shipping company Stena Bulk is taking two brand new eco Medium Range (MR) tankers on long-term time charter from unnamed Japanese partners. The two MR tankers are being built at Hyundai Mipo Dockyard in South Korea and are scheduled for delivery in the first half of 2022. The 50,000 DWT vessels are being fitted […]

  • Weak Market Rates Affect Navios Acquisition’s Earnings

    16 May 2017
    Business & Finance

    NYSE-listed owner and operator of tankers Navios Maritime Acquisition has seen its net income drop by 18 percent to USD 5.6 million in the first quarter of the year from USD 23.7 million reported a year earlier. The lower new income was due to a USD 20.4 million decrease in EBITDA and a USD 0.2 million […]

  • d’Amico Sees ‘Strongest’ Returns in Years

    4 March 2016
    Business & Finance

    Italian-listed ship operator d’Amico International Shipping (DIS) has reported its net income at USD 54.4 million for the full year of 2015, compared to a net loss seen a year earlier, representing the company’s best results since 2009. During the fourth quarter of 2015, d’Amico recorded a net income of USD 9.9 million, while the […]

  • Philly Shipyard Reports Rise in Profits, Revenues

    16 February 2018
    Business & Finance

    Philly Shipyard achieved record high revenues and profits in 2017.

  • Panama Canal LNG transits expected to grow by 50 pct

    8 February 2018
    Ports & Logistics, Vessels

    The number of liquefied natural gas (LNG ) carriers transiting the expanded Panama Canal is reportedly expected to rise 50 percent by September. The expanded canal received 60 LNG tankers in the last quarter of 2017 and soon expects to handle one LNG vessel per day, Reuters reported on Wednesday citing Jorge Quijano, head of the […]

  • MariApps to boost digitalization of KOTC vessels

    6 December 2023
    Automation, Infrastructure, IT & Software, Vessels

    Singapore-based digital technology company MariApps Marine Solutions has signed an agreement that will enhance the digitalization of Kuwait Oil Tankers’ Company (KOTC) fleet operations.

  • New CEO for Evergas

    17 April 2015

    Copenhagen-based Evergas, operator of several LNG-Ethane-Multigas carriers, said it has appointed Steffen Jacobsen as the CEO of the company. Jacobsen joined Evergas in February this year as Vice President, Fleet after almost 35 years in Maersk, the company said in a statement on Thursday. According to the statement, Jacobsen has leadership experience in both commercial and technical […]

  • India: G E Shipping Receives New Addition in Its Fleet

    19 September 2011
    Business & Finance

    The Great Eastern Shipping Company Ltd. took delivery of its new building Kamsarmax dry bulk carrier “Jag Arya”. The vessel of about 81,000 dwt was built at SPP Shipbuilding Co.Ltd., Korea. With the induction of “Jag Arya”, the Company’s fleet stands at 36 vessels, comprising 26 tankers (9 crude carriers, 16 product tankers, 1 LPG […]

  • EST Tied to MR2 Quartet Order at STX Offshore

    26 June 2017
    Business & Finance

    Greece-based Enterprises Shipping & Trading (EST) has reportedly ordered four MR2 tankers at STX Offshore shipyard in South Korea. The company will pay for each of the four 50,000 dwt ships USD 32 million, VesselsValue’s data shows. The 10,570 gross ton newbuildings are scheduled for delivery in 2019. World Maritime News contacted Enterprises Shipping for […]

  • Fredriksen takes lion’s share in Euronav

    5 April 2023
    Business & Finance, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Vessels

    Famatown Finance Limited, a company indirectly controlled by shipping billionaire John Fredriksen, has acquired an additional 964,000 shares in Belgian tanker owner Euronav, taking its total stake to 26.46 pct. The share increase of 5.90 percent was disclosed in an SC 13D/A form with the Securities and Exchange Commission (SEC), and it has led Fredriksen’s holding […]

  • Poor TCE Rates Push International Seaways to 2Q Loss

    9 August 2017
    Business & Finance

    Mainly driven by lower TCE revenues, US-based tanker shipping company International Seaways suffered a net loss of USD 11.6 million in the second quarter of 2017, compared to a net income of USD 30.5 million posted in the same period a year earlier. As explained, apart from the decline in revenues, the net loss also […]

  • Hanwha Ocean pressing on with construction of LNG carriers for BW LNG

    15 August 2024
    Business Developments & Projects, Green Marine, Infrastructure, Vessels

    South Korean shipbuilder Hanwha Ocean has started the construction of another LNG carrier for Norway-based gas shipping company BW LNG.

  • International Seaways Chooses Scrubbers for Its VLCCs

    25 September 2018
    Business & Finance, Rules & Regulation

    International Seaways is to install scrubbers on up to ten very large crude carriers (VLCCs).

  • Chandris Fined for Illegal Oil Dumping off Texas

    28 October 2015
    Business & Finance

    Greek ship management company Chandris (Hellas) Inc. has been fined with USD 1 million for dumping oily waste into the waters off Texas and falsifying its oil record book. The company pleaded guilty to violations of the Act to Prevent Pollution from Ships on Tuesday in Corpus Christi federal court, the Associated Press reports. Chandris was ordered […]

  • Readers’ Picks of the Week (19-24 Oct)

    25 October 2015
    Business & Finance

    Maersk Signs LOI to Boost Cargo Flows in Eastern Indonesia Danish shipping trade and energy conglomerate Maersk Group has signed a Letter of Intent LOI with Indonesia’s Coordinating Ministries for Maritime Affairs and Ec… Read More Tanker Ablaze after Engine Room Blast off Denmark Liberiaflagged oilchemicals tanker Alia caught fire in the North Sea off […]

  • Ukraine: Kherson Shipyard Completes Construction of Offshore Structures for Saipem

    25 April 2012

    Kherson Shipyard has Successfully Completed the Construction of Offshore Structures for Italian Saipem Company. Recently PJSC Kherson Shipyard completed the construction of 6 pcs. offshore Structures of Suction Anchors (Hull No.18027) for Italian Offshore Saipem Company, designed to secure the underwater pipeline in the Caspian Region. The overall dimensions of each structure are as follows: […]

  • China: SF Shipyard Completes Sea Trials for Steamship’s New Bulk Carrier

    28 October 2011
    Business & Finance

    16900DWT BC, being built for Polish Steamship Co., by SF shipyard, completed a series of inspection items during the sea trial successfully and smoothly came back to anchor at NO.2 quay at about 2:00 pm on October 20. This vessel is 148.80m in LOA, 140.80m in LPP, 23.60m in molded breath and 12.50m in molded […]

  • Capital Ship Management takes delivery of 2nd ammonia-ready VLCC

    26 October 2022
    Green Marine, Vessels

    Athens-based Capital Ship Management Corp. has welcomed into the fleet M/T ‘Alterego’, a second of two ammonia and LNG fuel-ready sister ships delivered in 2022. The 300,000 dwt, eco-type crude oil, scrubber-fitted VLCC tanker was built by Hyundai Samho Heavy Industries, South Korea. The first vessel from the series M/T Amore Mio was delivered two […]

  • Greek Shippers Continue to Invest in Newbuildings

    6 June 2013

    Greek shipowners continue with their shopping spree when it comes to ordering newbuild vessels. Namely, Greek shippers have ordered 11 vessels with an estimated price of $390.5 million, according to International Shipbroking Company Golden Destiny. The first on the list to add new vessels is Consolidated Marine Management Inc., which has entered into a shipbuilding […]