10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Belgium: Euronav to Restructure Its Newbuilding Orderbook

    19 January 2012

    Recently, Euronav, one of the world’s leading independent tanker companies, reached an agreement to restructure its current orderbook. As a result, two Suezmax owned in JV by Euronav and its partner JM Maritime and one VLCC, (TBN Alsace) will be delivered in the first quarter of 2012, a Suezmax will be delivered in 1Q13 and the […]

  • TORM Restructures

    14 July 2015
    Business & Finance

    Danish shipping company TORM has wrapped up its comprehensive restructuring process, recapitalizing its balance sheet, by reducing the existing debt worth up to USD 561 million. The restructuring was carried out by way of a lender debt writedown to current asset values against the issuance of warrants and a subsequent optional exchange of debt to equity. As […]

  • Gasum and Sirius’ LNG bunker ship to feature TGE Marine cargo tanks, fuel gas system

    29 April 2025
    Business Developments & Projects, Green Marine, Vessels

    Liquefied gas systems provider TGE Marine has been selected to provide cargo tanks, cargo handling, and fuel gas systems for an LNG bunker vessel being built at RMK Marine shipyard in Türkiye for Gasum and Sirius Shipping.

  • PGNiG inks LNG charter deal with Knutsen

    29 July 2021
    Infrastructure, Vessels

    PGNiG Supply & Trading (PST), a subsidiary of Poland’s oil and gas company PGNiG, has signed an agreement with Norway’s shipping company Knutsen OAS Shipping for chartering of two LNG carriers.

  • Top Stories of the Week (Apr 8 – Apr 13, 2013)

    21 April 2013

    The World’s Largest Yacht Floats German-based luxury yacht builder Lurssen has launched the world’s largest yacht, the 180m long Azzam. With an estimated gross tonnage of 14,000GT and a price tag of $520 million, the Azzam is … Arctic Offshore Supply Vessel Aleksey Chirikov Named in Finland Arctic offshore vessel NB 507 was named after […]

  • Top News of the Week November 11 – 16, 2013

    17 November 2013

    Allseas to Build Single-Lift Vessel Larger than Pieter Schelte Swiss-based Allseas has decided to build a second single-lift platform installation and decommissioning vessel. JO Tankers Orders Eight Vessels from China O Tankers has confirmed that the company placed its largest ever order for eight 33.000 dwt stainless-steel chemical tankers at China’s New Times Shipbuilding, with […]

  • Exclusive: Ocean Rig dismisses media writings

    27 January 2015

    Following press speculation that George Economou, CEO of Ocean Rig UDW, an offshore drilling contractor, is looking to swap a drillship order for a couple of tankers, Offshore Energy Today has managed to get a response from the company. According to media writings, due to the falling oil prices putting pressure on drilling contractors, Economou […]

  • KNOT Offshore Partners Finalizes Acquisition of Lena Knutsen

    29 September 2017
    Business & Finance

    KNOT Offshore Partners LP has completed its acquisition of the ownership interests in the company that owns and operates the shuttle tanker Lena Knutsen – KNOT Shuttle Tankers 26.  The 156,559 dwt Lena Knutsen was built by Hyundai Heavy Industries in Korea and delivered in June 2017. The 284.3-meter-long vessel is operating in the Brazil under […]

  • Stena Imperative’s Crewman Medevaced Due to Head Injury

    31 October 2017
    Business & Finance

    A 21-year-old man was medevaced from the 49,777 dwt oil tanker Stena Imperative off the coast of Freeport, Texas on October 30. According to the United States Coast Guard (USCG), the man was the captain of the tanker contacted the authorities in the morning hours on Monday to report that the seafarer was going in and out of […]

  • Scorpio Bulkers Resells Five More Newbuildings

    4 June 2015
    Business & Finance

    NYSE-listed dry bulk shipping company Scorpio Bulkers resold five more of its newbuildings currently under construction in China and Romania for a combined price of USD 236 million. Scorpio Bulkers agreed to sell three Capesize dry bulkers and two LR2 product tanker newbuildings. The Capesize vessels are currently being constructed in China, and have expected delivery dates between the […]

  • Statoil to use Navion Europa as temporary storage for Heidrun

    20 June 2014
    Business & Finance, Project & Tenders

    Statoil Petroleum has received consent to use the shuttle tanker, Navion Europa, as a temporary storage vessel for the Heidrun field and the Heidrun Oil Export Solution (HOES). Heidrun is located at Haltenbanken in the Norwegian Sea. Water depth is around 350 metres. The field has been developed using a concrete floating tension leg platform […]

  • HMD Bags Two LPG Carriers

    9 June 2014
    Business & Finance

    South Korean shipbuilder Hyundai Mipo Dockyard (HMD) has won a deal to build two semi-refrigerated vessels for Nasdaq-listed StealthGas Inc. The contract, announced today on the Korea Exchange, is for the construction of two 22,000-cbm ships and is estimated to be worth around $105 million. Delivery of the two newbuilds is slated for early 2017. StealthGas Inc. currently has […]

  • IEA: Oil in transit reaches record highs due to shipping disruptions

    18 March 2024
    Infrastructure, Market Outlooks, Outlook & Strategy, Vessels

    Shipping disruptions through the Red Sea are pushing the amount of oil in transit to record levels, according to the latest International Energy Agency (IEA) Oil Market Report (OMR).

  • Putin bans oil sales to countries abiding by the price cap

    28 December 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Green Marine, Regulation & Policy

    Russian President Vladimir Putin signed an Executive Order on Tuesday, December 27, banning the sale of oil and oil products to foreign companies and individuals abiding by the price cap imposed by the Westrn nations. To remind, at the beginning of December, the Group of Seven (G7) nations and Australia joined the EU in setting […]

  • Arctic Lady back in business after overhaul

    20 August 2015
    Vessels

    The 148,000 cbm LNG tanker Arctic Lady is sailing again after it has recently undergone a major overhaul at Damen Shiprepair Brest in France.

  • Vroon Acquires Petrolmar

    1 April 2014
    Business & Finance

    Vroon, an international shipping company, has acquired all shares in Petrolmar S.p.A, a provider of ship bunkering services based in Italy. Petrolmar operates three bunker barges (Santa Rita, Santa Giulia and San Francesco), from the ports of Genoa, Savona, La Spezia and Marina di Carrara, plus two bitumen tankers (San Matteo and San Lorenzo). “For […]

  • TEN reveals order for Suezmax pair in Korea, as it wraps up record year

    17 March 2023
    Business & Finance, Business Developments & Projects, Green Marine, Vessels

    Greek shipping major Tsakos Energy Navigation (TEN) has placed orders for the construction of two scrubber-fitted environmentally designed Suezmax tankers in South Korea. The company did not disclose the name of the yard, however, previous market reports indicate that the builder is Hyundai Heavy Industries. The tankers are expected for delivery in 2025. The company said that […]

  • Rolls-Royce converts Bergen Viking to LNG power

    30 June 2015
    Vessels

    Rolls-Royce informed that Bergen Viking has returned to service following a successful conversion from diesel-electric to liquefied natural gas-electric propulsion.

  • Navios Acquisition Secures USD 125m Loan

    10 November 2015
    Business & Finance

    Owner and operator of tanker vessels Navios Acquisition has entered into a term loan facility of up to USD 125 million with Deutsche Bank AG Filiale Deutschlandgeschäft and Skandinaviska Enskilda Banken AB to finance fleet additions. The company said that the loan will be used to finance the purchase price of the Nave Spherical, a 2009-built, 297,188 […]

  • Heavy Swells Hamper Sunken Frigate Lifting Operation

    27 February 2019

    The frigate collided with oil tanker Sola TS at the Sture terminal in Norway in November 2018.

  • Arctic Lady on course for Jebel Ali LNG terminal

    16 February 2016
    Vessels

    The 148,000 cbm LNG tanker Arctic Lady is on its way to Dubai with a cargo loaded at Statoil’s Hammerfest facility on Melkoya island.

  • RINA partners with Gas and Heat on ammonia-fuelled bunker vessel

    23 January 2024
    Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Regulation & Policy, Vessels

    Italian classification society RINA has teamed up with Gas and Heat, a compatriot company specializing in the design and construction of cargo handling systems, on the development of a cargo and fuel gas system for an ammonia-fuelled bunker vessel. Within this agreement, Gas and Heat will develop the basic design of the system and RINA […]

  • Heidmar Unveils New Bunkering Service

    30 May 2018
    Business & Finance

    Tanker operator Heidmar has introduced a new bunkering service ahead of the 2020 global sulphur cap legislation.

  • Siphoning Incidents Nothing New?

    25 July 2014

    The trend of incidents involving siphoning of fuel/oil from product and oil tankers at sea is not new. Statistics for Jan-Jul of 2014 reveal that the occurrence of such incidents took place more frequently compared to the annual numbers reported in the past three years (2011-2013), piracy watchdog ReCAAP ISC said in a report.   […]

  • NITC Ready for EU MRV

    20 December 2017
    Business & Finance, Rules & Regulation

    National Iranian Tanker Company awarded EU MRV compliance certificate.