10000 results found for 'tanker'

10000 results found for 'tanker'
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  • VOS Hera ERRV joins Vroon’s Aberdeen fleet

    21 November 2014

    VOS Hera vessel has joined the Vroon Offshore Services Aberdeen fleet. Following its previous successful deployment for Vroon Offshore Italia SRL, the vessel has now been repositioned within the Vroon fleet to Aberdeen. It will operate under the UK flag, with Aberdeen as home port. VOS Hera was built in 2010 at Fujian SouthEast Shipyard in China. It is […]

  • Repasa performs LNG berthing duties with two new Damen tugs

    14 October 2014
    Vessels

    On October 13th, Repasa’s ASD Tugs assisted the berthing of an LNG tanker in Equatorial Guinea. Yesterday the two Damen Stan Tugs 1606, outfitted as line handling boats, sailed to the buoy to receive another tanker for their first mission in Equatorial Guinea. “For Repasa, this is a successful start of its new joint venture with […]

  • US Seeks to Block Release of Grace 1 in Gibraltar

    15 August 2019
    Business & Finance

    Gibraltar was to lift the detention on the ship this morning.

  • Fitch: Calmer Waters Ahead for Shipping

    8 December 2014
    Business & Finance

    Calmer waters are ahead for the shipping industry in Europe, the Middle East and Africa (EMEA), according to Fitch Ratings forecasts for 2015. The stable outlook for 2015 is based on expected  rebound of sector fundamentals, however oversupply and volatility in rates are likely to persist. Fitch Ratings forecasts in its latest report that the container […]

  • Gazprom Delivers Second Batch of Novy Port Oil

    23 September 2014
    Business & Finance

    The second tanker carrying 27.2 thousand tonnes of oil produced at the Novoportovskoye field at the Yamal peninsula (in the Yamalo-Nenets Autonomous District), reached north west Europe and delivered the cargo on September 17, Gazprom reports. According to the company, the new type of oil, “Novy Port” is superior to Brent oil in quality as it has […]

  • Russian Icebreakers Keeping Busy

    17 July 2014
    Business & Finance

    Russian nuclear-powered icebreakers “Yamal” and “Vaygach” started their escorting of icebreaker “Kapitan Khlebnikov” and tanker “Yaroslav the Wise” as of July 15, 2014 from the port of Pevek, the owner Atomflot said in a release.   The ships are heading towards the Kara Sea, in what is the first icebreaking mission from east to west […]

  • GSI and Dalian Ocean Pen Newbuild Deal

    12 June 2014
    Business & Finance

    Cosco Dalian Ocean, a wholly owned subsidiary of Cosco Group, and Guangzhou Shipyard International (GSI) have entered into a contract for the construction of three MR newbuilds. The contract signing ceremony for three 50,000 DWT tankers was held yesterday in Dalian. Managing director Zhu Jianhui from Cosco Dalian, President Han Guangde from Guangzhou Shipyard signed […]

  • VesselsValue: Favorable Tailwinds to Push Price of Prime Aged Ships Up

    3 July 2018
    Business & Finance

    VesselsValue: The expected performance of a fixed age five-year-old asset is expected to rise over the next two years.

  • Tullow Confirms Turret Bearing Damage on Jubilee Field FPSO

    8 April 2016
    Equipment

    Following technical investigation on the condition of the turret bearing on the Tullow’s FPSO Kwame Nkrumah, the company confirmed that the bearing has been damaged and is no longer able to rotate as originally designed. The FPSO is moored in approximately 1,100 meters water depth on the Jubilee field, offshore Ghana. Oil production and gas […]

  • Drewry: Newbuildings Turn Up the Heat on Chemical Shipping Rates

    12 February 2016

    Chemical shipping freight rates for both contracts of affreightment and spot cargoes will be under pressure throughout 2016, as there are some new operators looking to break into the long-haul trade routes, according to Drewry’s Chemical Forecaster. The prediction comes on the back of low bunker prices and more new buildings to be delivered in […]

  • Update: Pirates Free Kalamos Crew

    25 February 2015

    Three crew members of Maltese-flagged tanker Kalamos, taken hostage earlier in February during a pirate attack off Nigeria, have been freed, local media report. The vessel is owned by the Kalamos Shipping Corporation and managed by Aeolos Management. Reportedly, the shipping company paid a ransom of USD 400,000, which resulted in the release of the […]

  • Croatia to start building its first LNG terminal in mid-2016

    4 May 2015

    Croatia, a country situated in the Balkans on the east side of the Adriatic Sea, plans to start construction on its first import terminal in the middle of 2016. The construction works will last for three years and the terminal will be operational in 2019, Mladen Antunovic, managing director of LNG Croatia, state-owned company which is […]

  • ISS, Chembulk Expand Cooperation to South America and Asia

    5 January 2016
    Business & Finance

    Inchcape Shipping Services (ISS), a maritime and logistics service provider, and Connecticut-based deep-sea chemical shipping company Chembulk Tankers have expanded their agreement into South America and Asia. With this move ISS said it will handle some 150 additional port calls for Chembulk Tankers per year, in addition to its existing services on the east and west coasts of America. ISS’ […]

  • BP’s British Merchant transits expanded Panama Canal

    27 July 2016
    Vessels

    BP’s British Merchant with a 135,500-cbm capacity is the second liquefied natural gas carrier to transit the expanded Panama Canal on Tuesday.

  • Latest attack in GoG pushes kidnapping tally to 122 seafarers

    30 November 2020
    Human Capital, Safety, Vessels

    Four seafarers have been kidnapped in the latest piracy attack in the Gulf of Guinea involving a crude oil tanker. The boarding of MV Agisilaos was reported on November 29, according to Dryad Global, while the vessel was underway in Ghanaian waters, 5 nautical miles from the Western edge of the Gulf of Guinea HRA, […]

  • Euronav’s Profit Down amid Freight Rate Weakness

    31 October 2016
    Business & Finance

    Antwerp-based tanker owner and operator Euronav NV has seen its net profit for the third quarter plunge to USD 0.1 million from USD 72.2 million reported in the same period a year earlier. The company said that seasonal freight rate weakness compounded by vessel supply factors  marked the third quarter. “Freight rates were lower during the third […]

  • Brazil: Transpetro Decides to Fine EAS for Delayed Delivery of ‘Joao Candido’

    11 June 2012
    Business & Finance

    Transpetro has decided to fine the Atlântico Sul Shipyard (EAS) for the delay in the delivery of the João Cândido oil tanker. The value of the fine is being evaluated in accordance with the clauses of the purchase contract for the ship, which is part of an order of 10 Suezmax vessels made to the […]

  • Hafnia Sells, Leases Back LR1 to Improve Liquidity

    2 November 2017
    Business & Finance

    Denmark-based Hafnia Tankers has completed its first sale and leaseback transaction in the Japanese market involving the company’s LR1 tanker, MT Hafnia Africa. As informed, the 74,500 dwt vessel has been sold to “a large Japanese private ship owning company” with an 8-year bareboat charter back with annual purchase options from year four onwards. The […]

  • Avenir LNG awards Wilhelmsen with LNG bunker trio management

    13 September 2023
    Business Developments & Projects, Collaboration, Outlook & Strategy, Vessels

    U.K.-based small-scale LNG company Avenir LNG has announced that Norway’s Wilhelmsen Ship Management will manage three of its LNG bunker vessels. The vessels awarded are Avenir Achievement, Avenir Ascension and Avenir Aspiration. They were previously managed by Hoegh LNG, one of three blue-chip shareholders in Avenir LNG alongside Stolt Nielsen and Golar LNG. “We are […]

  • Shift Clean Energy gets ABS approval for its energy storage solution

    27 July 2022
    Business Developments & Projects, Certification & Classification, Regulation & Policy

    Canada-based Shift Clean Energy has received type approval from classification society American Bureau of Shipping (ABS) for its energy storage solution (ESS).

  • Concordia Maritime Selling Its Share in Chartered Suezmaxes

    19 December 2018
    Business & Finance

    Concordia Maritime is selling the positions previously taken in four chartered-in Suezmax vessels.

  • TEN Extends Share Repurchase Program

    15 July 2016
    Business & Finance

    Greek tanker operator Tsakos Energy Navigation (TEN) has received approval to extend its stock repurchase program by an additional USD 20 million for purchases of its common or preferred shares. The announcement comes after the completion of the company’s first USD 20 million program, announced in December 2015, under which TEN acquired as treasury stock 3,580,286 common shares at an average price […]

  • ITF Slams Prestige Ruling

    29 January 2016

    The International Transport Workers’ Federation (ITF) disagrees vehemently with the recent court ruling over the 2002 Prestige oil spill that sentenced Captain Mangouras to two years of prison. “This decision represents the dying gasps of a 14 year old attempt to deflect blame onto the shoulders of an octogenarian man, who has been cleared in the court of […]

  • Spain to Receive USD 1.8 Bn in Damages for Prestige Oil Spill

    16 November 2017

    The Provincial Court of A Coruña, a northwestern city in Spain, upheld on Wednesday the ruling of the Spanish Supreme court from January 2016 over the Prestige oil spill case 15 years after the environmental disaster. As a result, the captain of the ill-fated ship Apostolos Ioannis Mangouras and the marine insurer The London P&I Club have been […]

  • Nigeria Seizes Two Vessels Suspected of Crude Theft

    2 October 2015

    An ocean going vessel identified as MT Askja and a barge have been seized by Nigeria’s Join Task Force on the grounds of a suspicion of being involved in loading of stolen crude oil, Platts informed. The troops arrested the vessel together with the eight suspected oil thieves while the vessel was moored along the […]