10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Infographic: Iran’s Laden VLCC Fleet

    22 July 2015

    As Iran readies to unleash its tanker fleet into the international waters following a deal on lifting of nuclear sanctions agreed upon between Iran and the six world powers in Vienna, all eyes are on Iranian tanker capacity with industry analysts predicting how might the addition of this fleet influence the market conditions. In today’s infographic we look […]

  • Euronav to Sell One of Its Oldest VLCCs

    15 January 2016
    Business & Finance

    Belgian tanker owner Euronav NV has entered the final stage of selling its very large crude carrier (VLCC) Famenne, one of its two oldest VLCC vessels, for USD 38.4 million. The 298,412 dwt vessel, built in 2001, is expected to be delivered to an undisclosed buyer during the first quarter 2016. Additionally, the company said that despite the […]

  • Denmark: TORM Cancels Remaining Newbuilding Contract

    16 March 2012
    Business & Finance

    TORM has entered into an agreement to cancel one MR product tanker newbuilding, which was scheduled for delivery in the second quarter of 2014. The parties have agreed not to disclose the terms. “With this agreement, TORM’s order book is empty. A substantial reduction in CAPEX commitments has been a key element towards the Company’s […]

  • Belgium books more Qatari LNG

    25 September 2015
    Vessels

    Fluxys-operated Zeebrugge terminal in Belgium is scheduled to receive LNG cargo from Qatar.

  • Q-Max LNG carrier heading for South Hook

    16 June 2015
    Vessels

    The UK’s largest LNG terminal, South Hook, located in the Port of Milford Haven, is expected to receive another cargo of liquefied natural gas from Qatar.

  • DHT Holdings assigns $25 mln for scrubber retrofits

    11 August 2022
    Environment, Green Marine, Regulation & Policy, Rules & Regulation, Vessels

    Crude oil tanker company DHT Holdings has committed $25 million to retrofit an additional eight vessels with scrubbers. The investment is being pursued as DHT eyes premiums from higher fuel price spreads. “The combination of lower cost and the current higher fuel spreads makes this a compelling investment. The investment will be funded with liquidity at […]

  • Swire Pacific Offshore: 7 Abducted Crew Members Released

    25 December 2019

    Seven kidnapped crew members of Pacific Warden released.

  • Teekay Announces Sale of Remaining 49 Percent Interest in Teekay Offshore Operating (Bermuda)

    3 March 2011

      Teekay Corporation announced today that it has agreed to sell its remaining 49 percent interest in Teekay Offshore Operating L.P.  to Teekay Offshore Partners L.P.  for a total price of $390 million. OPCO currently operates a fleet of 33 shuttle tankers (including five chartered-in vessels), four Floating Storage and Offtake (FSO) units, nine double-hull […]

  • China: Keel Laying Ceremony for DYNACOMs New Bulk Carrier Held at COSCO Guangdong Shipyard

    7 April 2011

    The keel laying ceremony for N299, the 57,000dwt bulk carrier being built for the Greek owner DYNACOM, was held in COSCO Guangdong Shipyard on 17th March. Representatives of the ship owner, class society and shipyard witnessed the ceremony. About COSCO Guang Dong Shipyard As a high-class repair enterprise in the areas of south China, COSCO […]

  • VLCC Floating Storage Set to Dwindle

    6 March 2017

    The number of very large crude carriers (VLCC) engaged in non-trading activities, primarily Iranian/non-Iranian crude storage and fuel oil storage, has started to slip, according to the latest tanker report from Gibson Shipbrokers. Namely, at the end of February, 45 VLCCs were involved in various non-trading activities, down from an average of 52 units seen between […]

  • Stolt-Nielsen Sees Drop in Net Profit

    6 October 2016
    Business & Finance

    Oslo-listed shipowner Stolt-Nielsen reported a net profit of USD 22.2 million in the third quarter of 2016, down from USD 37.8 million seen in the second quarter of the year. Revenue for the period slightly decreased to USD 474.1 million, from a revenue of USD 478.9 million reached in the previous quarter. The company said that the net profit for the […]

  • Japanese trio bunkers fully-pressurized LPG carrier with biofuel using biomass-based waste liquid and green methanol

    7 July 2023
    Business Developments & Projects, Green Marine, Infrastructure, Operations & Maintenance, Vessels

    Three Japanese companies Marubeni Corporation, Biofuel Technology Research (BTR) and Tabichi Kaiun Co. have jointly performed fueling of a fully-pressurized LPG carrier with biofuel produced from biomass-based waste liquid and green methanol. According to the partners, this is the world’s first application of biofuel using green methanol and biomass-based waste liquid in a fully pressurized […]

  • Teekay Offshore Agrees USD 414 Mn Loan for Four Newbuildings

    5 April 2019
    Business & Finance

    Teekay Offshore will finance four new LNG-fueled shuttle tankers, set for delivery in 2019 and 2020.

  • Russia’s Yamal LNG project adds two Arc7 carriers as first shipment nears

    21 November 2017
    Ports & Logistics, Vessels

    The Novatek-operated Yamal LNG export project in Russian Arctic has taken delivery of two Arc7 ice-class liquefied natural gas carriers. The 172.410-cbm LNG carriers named Boris Vilkitsky and Fedor Litke, both built by South Korean shipbuilder Daewoo Shipbuilding Marine Engineering, have been delivered during November, the Russian Maritime Register of Shipping said in a statement. The 299.9m long […]

  • Aker Yards to build further vessels for Maritima

    8 August 2006

    Aker Yards has signed a contract for the construction of two bunkering tankers for delivery in March and June 2008. The vessels are similar to those delivered by Aker Yards in 2005 and 2006. The two merchant vessels will be built at Aker Yards in Braila, Romania and are ordered by Maritima in France. Maritima […]

  • d’Amico Ends Quarter in Red but 2019 Outlook Positive

    10 May 2019
    Business & Finance

    Although the tanker market improved from last year, d’Amico widened net loss in Q1.

  • Chartworld Shipping Buys Capesize Newbuilding

    9 August 2016
    Business & Finance

    CarVal Investors, LLC, an investment arm of Cargill, has sold its newbuilding Capesize bulk carrier for a total consideration of USD 32.5 million, according to data released by VesselsValue. The 180,000 dwt ship, named Mustang, was purchased by Greece-based shipowner Chartworld Shipping Corporation. Featuring 93,960 gross tons, the vessel is currently under construction at Chinese yard New […]

  • Spotted: Armada Pride Ready to Serve

    3 September 2015
    Business & Finance

    Turkish shipbuilder Armada Shipyards, part of Palmali Group, launched the Armada Pride, the thirteenth 7,150-dwt tanker within the Project RST22M, and the second of five to be built by this shipyard on September 2, 2015.  Istanbul-headquartered Palmali Group, a shipping company operating in the Mediterranean, the Caspian and the Black Sea, signed a contract with Armada Shipyard for […]

  • China: CSDC to Invest $ 1.2 Bln in New LNG Carriers

    21 March 2013

    China Shipping Development Co (CSDC) is continuing with the promotion of its LNG business. Namely, the company has revealed its plans to invest $ 1.2 billion by June in the construction of six LNG carriers. Hudong Zhonghua Shipbuilding Group, as the only Chinese shipyard that has built LNG tankers, was selected to build the vessels. The […]

  • Grimaldi Places Order at HMD for Five ConRos, South Korea

    29 November 2012

    Despite talks of capacity overload and poor market conditions, new ship orders are still coming in. Following in the footsteps of JO Tankers that placed an order of two Stainless Steel Chemical Tankers with Nantong Mingde Heavy Industry last week, an Italian shipping group Grimaldi also decided to add new units to its orderbook, according […]

  • More Orders for COSCO Zhoushan Shipyard, China

    3 April 2013

    The Norwegian shipowner, Knutsen NYK Offshore Tankers (KNOT), recently finalized a deal for a 152,000-DWT DP2 shuttle tanker to be built by COSCO (Zhoushan) Shipyard. The vessel will be 276.3 metres in length, 46 metres in width and have a design draft of 17.5 metres. Additionally, COSCO (Zhoushan) has won another order to build a […]

  • China: Mingde Shipyard Delivers Reinhold Schulte

    29 August 2012

    The ceremony of Delivery and Acceptance of MD096, 25.000 DWT IMO II Chemical/Product Tanker named Reinhold Schulte, was successfully carried out in the evening of 27th August. The vessel comes as the sixth one delivered by Nantong Mingde Heavy Industry to Anthos Shipping Co. Limited. The overall length of the vessel is 176.4m, breadth moulded […]

  • Enagas LNG numbers on the rise

    26 March 2015

    Spanish LNG operator Enagás said it has offloaded 115 tankers of the chilled gas (equivalent to 104 TWh) at its terminals in 2014. Enagás said it conducted 37 tanker loading operations (34 TWh) for export purposes, an increase of 85% as compared with 2013. As per LNG trucking operations, more than 21,600 tanks of LNG were […]

  • Clarksons: BW Gas behind Last Week’s LNG Carrier Order at DSME

    13 February 2018
    Business & Finance

    BW Gas is the shipowner that ordered two LNG carriers at DSME last week.

  • Samsung Heavy to Ink USD 195 Mn Deal for LNG Carrier

    28 December 2017
    Business & Finance

    Samsung Heavy Industries (SHI) is to sign a contract for the construction of a 180,000 cbm LNG carrier.