10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Russia: SCF Fleet Receives Its First MLC-2006 Certificate

    4 March 2013
    Business & Finance

    Novoship tanker NS Columbus became the first Sovcomflot Group vessel to receive a certificate of compliance with the International Labour Organisation’s 2006 Maritime Labour Convention (MLC-2006). On 21 February, 2013, the Aframax crude oil tanker NS Columbus underwent an inspection by the Maritime Authority and was declared to be in full compliance with the regulations […]

  • Jinhai Heavy Industry Holds Steel Cutting Ceremony for 320.000 DWT Crude Oil Tanker J0132 (China)

    25 October 2011

    On Oct.18th the steel cutting ceremony for 320,000 DWT Crude Oil Tanker J0132, which will be built by Zhongji Shipyard as a subsidiary company of Jinhai Heavy Industry, was held at cutting and processing site in joint workshop. Vice President of Zhongji Shipyard Mr. Xia Zhen and Senior Surveyor from ABS Mr. Robinson attended the […]

  • Glencore’s Oil Export Deal in Libya Put to Question

    24 November 2015
    Business & Finance

    The internationally-recognized government of Libya will not support a potential oil exports deal between tanker operator Glencore Plc and National Oil Corp.’s western counterpart in Tripoli. The deal has not yet been formally announced, but was confirmed to Bloomberg by Mohammad Elharari, a spokesman for the NOC’s western administration. Under the deal, the Swiss firm agreed to buy up to […]

  • TORM Names Second LP2 Newbuild

    7 February 2018
    Business & Finance

    TORM takes delivery of TORM Hermia, an LR2 product tanker newbuilding.

  • PCA Board Announces Revised Tolls Proposal

    29 June 2012

    The Board of Directors of the Panama Canal Authority (ACP) announced that it has published a revised tolls proposal that defers the implementation date of new Canal tolls to October 2012 and October 2013. The ACP announced in April its intention to adjust tolls to bring them closer to the value of the route for […]

  • Frontline pushes scrubber installations, reports strongest Q1 in 12 years

    20 May 2020

    Tanker owner and operator Frontline is joining its counterparts in delaying scrubber installations and availing of a lucrative tanker market. The company said that it would postpone scrubber installations on two VLCCs and two Suezmax tankers, due to the recent strength in freight rates and the concurrent decrease in fuel spreads between High Sulphur Fuel […]

  • Terntank Opts for Wartsila’s New Dual-Fuel Engines

    2 December 2013

    Wartsila has announced that its new 2-stroke, low pressure, dual-fuel engine has been selected by Terntank Rederi A/S, the Denmark based tanker operator, to power two new environmentally advanced, 15,000 DWT tankers. These will be the first installations of this engine. The new Wärtsilä technology was just recently introduced at a customer event held at […]

  • Record Tonnage Volume Changed Hands in 2014

    23 February 2015
    Business & Finance

    A record volume of tonnage is reported to have changed hands in 2014 and reported secondhand sales rose by 29% year-on-year to total 51.0m GT in 2014, according to Clarksons. The reported value of secondhand sales activity totalled USD 26.1bn, up 26% y-o-y. There was interest in the larger sizes and the average size of […]

  • SCHN prepares for LNG-techniques

    9 December 2013

    Shipyard Constructions Hoogezand Nieuwbouw (SCHN) in Foxhol, the Netherlands, is a relatively young company started by two people with many years of experience in the industry: Bouko Meijer and Roelof Kregel. Just two years ago they founded their shipyard for new builds, maintenance and repairs, and on 7 November 2013 yard number eleven slid down […]

  • Singapore Shipyards Carry Out 70 Pct of FPSO Conversions

    4 December 2012
    Business & Finance

    Traditional shipyards in Singapore are benefitting from booming oil and gas business, as work orders flow in for Floating Production Storage and Offloading (FPSO) and Floating Storage and Offloading (FSO) conversions, states a new report by business intelligence experts GBI Research. The new report cites Singapore as the location of around 70% of conversions for […]

  • Greece: Tsakos Energy Announces Order of New LNG Carrier

    10 April 2012
    Business & Finance

    Tsakos Energy Navigation Limited today announced the order of one plus one state-of-the-art LNG carrier for delivery Q1 2015 at a major South Korean yard. The vessel is of the new tri-fuel design enabling the ship to run on fuel oil, marine diesel/gas oil and natural gas offering attractive alternatives to charterers. Discussions for long-term […]

  • d’Amico in Talks to Sell Three More Ships

    4 May 2017
    Business & Finance

    Product tanker shipping company d’Amico International Shipping (DIS) is in talks to dispose of three more tankers, the company’s Chief Financial Officer (CFO), Carlos Balestra di Mottola, said in the shipowner’s financial report for the first quarter of the year. The announcement comes following the disposal of two medium range product tankers to Monaco-based ship management firm Sea World Management for […]

  • UK: Two Sullom Voe Tugs Out of Service

    2 January 2012

    Two tugs stationed at UK Shetland’s oil port of Sullom Voe claimed to be two of the most powerful harbor tugs in the world with a bollard pull of 90 tones, have been taken out of service. It has been confirmed that the shuttle tanker ‘Loch Rannoch’, which delivers oil to the port from the […]

  • The Curious Case of “Hijacked” Vier Harmoni

    17 August 2016

    A product tanker carrying 900,000 liters of diesel, initially believed to be hijacked off the coast of Malaysia, could have fled to international waters due to a commercial dispute, local media reported Adon Shalan, Malaysian Maritime Enforcement Agency’s (MMEA) Rear Admiral, as saying. Adon said that the tanker, MT Vier Harmoni, left Malaysian waters without paying a bond […]

  • STX O&S Ordered to Stop Work after Deadly Blast

    22 August 2017
    Business & Finance

    South Korean shipbuilder STX Offshore & Shipbuilding has been ordered to cease operations following a fatal blast at the company’s Changwon yard that took the lives of four workers two days ago. The order was issued by the country’s Ministry of Employment and Labor, Yonhap news agency reported. The work-stoppage comes as an investigation into […]

  • TEN Finds Work for Two Suezmaxes

    18 August 2017
    Business & Finance

    Tanker operator Tsakos Energy Navigation (TEN) has chartered out two of its Suezmax vessels to an unnamed US oil concern.  As stipulated by the deal, two Suezmax vessels have been chartered for three years, bringing the relationship to six vessels. The charters are scheduled to commence in early September upon completion of the current employment of […]

  • Capital Ship Management Adds Two Ships

    27 January 2017
    Business & Finance

    Greece-based Capital Ship Management Corp. has taken deliveries of a crude oil/product tanker newbuilding and a 2011-built bulk carrier. M/T Aristoklis, a 112,800 dwt Ice Class 1C tanker, was handed over to the company from South Korean Daehan Shipbuilding on January 25, 2017. The Aframax tanker is the second of two sister ships delivered in January 2017. Market value […]

  • Readers’ Picks of the Week (Oct 12th – Oct 16th)

    18 October 2015
    Business & Finance

    Cammell Laird to Build USD 307 Million Research Ship The UK government has selected the domestic shipbuilder Cammell Laird Birkenhead as the preferred bidder to build a GBP 200 million USD 3072m polar research ship… Read More Wärtsilä: Ultra Slow the Way to Go Finnish engineering company Wrtsil has through its Busser project introduced the […]

  • REN: Sines LNG Volumes Up in 2013

    29 January 2014

    REN’s Sines LNG import terminal in Portugal processed 41 ships, conducted 6 ship loading operations and also achieved a new high for loading LNG tanker trucks – 3138 loads in 2013, the company said in a statement. The number of vessels processed by the Sines LNG terminal increased by 8% from 2012, equivalent to an […]

  • Enagas posts higher profit

    24 February 2015

    LNG operator Enagás reported full-year 2014 net profit of €406.5Mn, a 0.8% increase on 2013. In 2014, Enagás invested €625Mn, in line with its goal for the year. Of this amount, 76% was invested internationally. Enagás entered last year into the Peruvian market with the acquisitions of 20% of Transportadora de Gas del Perú (TgP) […]

  • Novatek completes Arctic LNG 2 fleet formation

    28 October 2020
    Business Developments & Projects, Infrastructure, Operations & Maintenance, Vessels

    Novatek, Russia’s largest independent natural gas producer, has signed long-term charter deals for six Arc7 ice-class LNG tankers.

  • Mercator Offloads Vessel Pair

    1 October 2019
    Business & Finance

    Mumbai-based Mercator Limited – former Mercator Lines – is to dispose of two of its vessels. 

  • Spotted: 3 LNG carriers meet in the Port of Rotterdam

    4 January 2022
    Infrastructure, Ports & Logistics

    Three LNG carriers in a row were spotted in the Nijlhaven on the morning of 3 January 2022, which is unique for the Port of Rotterdam.

  • The Netherlands: MT Bomar Mercury Joins North West European Pool Fleet

    14 August 2012
    Business & Finance

    North Sea Tankers BV announced that NST’s North West European pool concept (V6), has as of the 1st of August added M/T Bomar Mercury 7,003 dwt to the pool fleet. With this addition, the pool consist of seven (7) vessels with an aim to increase the pool fleet further with quality vessels. The pool members and […]

  • American Shipping Company Seals USD 500m in Loans

    7 July 2015
    Business & Finance

    Tanker owner American Shipping Company ASA has received firm commitments for a USD 500 million refinancing of its secured bank debt from a group of lenders. The refinancing is structured in two separate facilities; one being a USD 350 million facility with a club of four banks consisting of BNP Paribas, Credit Agricole, SEB and […]