10000 results found for 'tanker'

10000 results found for 'tanker'
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  • NAT Upbeat on Q2 after Good Start

    9 May 2016
    Business & Finance

    Nordic American Tankers (NAT) wrapped up the first quarter of 2016 with an operating cash flow of USD 55.9 million. The figure is somewhat higher than USD 51 million posted in Q1, 2015, however the amount is pretty much in line with last year’s quarterly figures, which produced an operating cash flow of USD 212 million for the full […]

  • Daewoo: Naming Ceremony for Lundquist & Exmar

    15 May 2006

    Approximately 40 people attended the naming ceremony of H.5286, a 115,000 TDW Crude Oil Tanker for Lundquist. The vessel was named the

  • CoolCo wraps up 4th of 8 LNGC acquisitions from Golar LNG

    11 March 2022
    Business & Finance, Business Developments & Projects, Infrastructure, Vessels

    The newly formed company CoolCo has wrapped four of eight LNG carrier acquisitions from Bermuda-based shipper Golar LNG.

  • Wärtsilä On a Roll

    16 December 2015
    Business & Finance

    Three new 21,800 dwt chemical tankers, being built for Swiss-Canadian Maritime Ltd, will feature integrated propulsion and power generation systems from Finnish engineering company Wärtsilä. The 153 metre long tankers, under construction at two different shipyards in Vietnam, will be managed by Switzerland based ABC Maritime A.G. The vessels, which will operate between Rotterdam in the Netherlands and […]

  • d’Amico Not Happy with First Half Results

    31 July 2018
    Business & Finance

    d’Amico International Shipping was hit by a very difficult market in the second quarter of 2018.

  • NASDAQ to Delist New Lead Holdings’ Securities?

    30 June 2014
    Business & Finance

    NewLead Holdings Ltd. has disclosed that the company received a letter from the NASDAQ Listing Qualifications Staff of the NASDAQ Stock Market LLC (Staff) stating they decided to delist the company’s securities, on June 25th, 2014. The delisting is based on public interest concerns raised by certain false and misleading public disclosures made by NewLead Holding, and the fact that […]

  • Second Iranian Aid Ship Heads for Yemen

    11 June 2015

    Another Iranian ship carrying aid has left Iran on its way to Yemen as the war in the country continues with the Saudi led air campaign in its 11th week. The ship, identified as Arezou, carrying 8,000 tons of rice and 1,000 tons of sugar, departed Imam Khomeini Port on Saturday. The first Iranian ship carrying aid for Yemeni people […]

  • Bermuda: Teekay Offshore Partners Announces Public Offering of 5,600,000 Common Units

    3 December 2010
    Business & Finance

    Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) announced today that it plans to offer 5,600,000 common units, representing limited partner interests, in a public offering. Teekay Offshore expects to grant the underwriters a 30-day option to purchase an additional 840,000 common units to cover over-allotments, if any. The Partnership expects to use the […]

  • China: Taizhou Sanfu Shipyard Hosts Government Officials

    26 December 2011

    On the morning of Dec.14, Yang Jie and Liao Tiao, both Deputy Mayors of Taizhou city, Wang Jian, Ganggang district secretary , Han Ya, deputy governor of Gaogang district and other leaders visited SF and gave work guidance to the shipyard staff. During the visit, leaders inspected the shipyard with its facilities. They also gave […]

  • Norway: Eitzen Chemical to Discontinue Pooling Arrangements

    25 November 2011
    Business & Finance

    Eitzen Chemical ASA reported that it has decided to discontinue its pool operation as an integral part of its announced strategy to improve operating cash flow and liquidity situation. Eitzen Chemical operates two pools; the City Class Pool and Team Tankers. The City Class Pool currently consists of 35 vessels of around 13,000 dwt, coated […]

  • Top News of the Week January 20 – 25, 2014

    26 January 2014

    Missing Vessel Feared Hijacked Liberian flagged tanker MT Kerala could be hijacked, a specialist maritime intelligence agency Dryad Maritime warned. The vessel, owned by Dynacom Tankers, has been reported missing off the coast of Angola, having last been sighted seven nautical miles NNW of Luanda. Gulf of Aden: First Pirate Attack in 2014 On Saturday […]

  • Switzerland: Wärtsilä Develops Mid-Size, Low-Speed Engines

    14 June 2011

    Wärtsilä, the marine industry’s leading ship power system integrator, strengthens its offering in the mid-size, low-speed engine sector by adding new 62- and 72-bore low-speed engines to its portfolio. Development work on the new engines is carried out at Wärtsilä’s Low-Speed Competence Centre in Winterthur, Switzerland. The first 62-bore engine will be available for delivery […]

  • Canada: Minister Oliver Stresses Importance of Good Relationship with First Nations

    10 October 2013

    Joe Oliver, Canada’s Minister of Natural Resources, delivered keynote remarks at the BC First Nations Liquid Natural Gas Summit, where he emphasized the importance of building relationships, enhancing environmental protection and maximizing job and economic opportunities for British Columbia First Nations. “Relationships built on trust and mutual respect are tremendously important as we work to […]

  • Santos Updates on GLNG Project, Australia

    7 August 2013

    August will be another busy month at Santos GLNG’s liquefied natural gas (LNG) plant on Curtis Island, Gladstone where the product loading facility is quickly taking shape on the waterfront. Large international LNG tankers will berth at this facility in Gladstone Harbour from 2015 to load LNG to be shipped to market. The facility’s 360-metre-long […]

  • Aegean Shipping orders Aframax pair in China

    13 October 2020
    Infrastructure, Vessels

    Greek shipping company Aegean Shipping Management recently entered into an agreement with Chinese shipbuilder COSCO Shipping Heavy Industry (Yangzhou) Co. to construct two 114,000 dwt tankers.

  • Economou Proposes to Acquire DryShips

    14 June 2019
    Business & Finance

    SPII Holdings has offered to buy Greek ship owner and operator DryShips, its subsidiary.

  • OSG Closes USD 27.5 Mn Financing

    27 November 2018
    Business & Finance

    Overseas Shipholding Group closed on a USD 27.5 million of financing from Wintrust Commercial Finance.

  • Sovcomflot Takes Delivery of VLCC Svet

    25 February 2014

    Sovcomflot Group (SCF) has taken delivery of the first of two 320,000-dwt Very Large Crude Carriers (VLCCs), the Svet from Bohai Shipbuilding Heavy Industry Co. Ltd. (BSHIC). The Svet, classed by Det Norske Veritas, is 332 m long, 60 m wide, has a depth of 30.05 m, draught of 22.6 m and operational speed of […]

  • Indonesia: BLT, Lantern Maritime Reach Legal Differences Resolving Accord

    28 May 2012
    Business & Finance

    Lantern Maritime Company and PT Berlian Laju Tanker Tbk announce that they have reached a settlement which will bring to an end all litigation and disputes between them in respect of the Chem Ranger (formerly MT Wilutama) and, more recently the MT Partawati. The terms of the settlement agreement are confidential but center on the […]

  • Business Operations Proceed According to Plan Reports Concordia Maritime

    16 August 2011

    Business operations proceeding according to plan. Three ships were taken in for scheduled drydock in the second quarter. The tenth P-MAX tanker was delivered during the second quarter. The newbuilding program now consists of one suezmax tanker. Continuing good availability of liquid funds, SEK 636.6 (709.7) million. Forecast for 2011: result before tax of USD […]

  • Yemen LNG Terminal Resumes Operations

    11 October 2012

    Yemen’s Balhaf LNG terminal, situated on the Gulf of Aden, has resumed its operations after it had been sabotaged in September, Reuters reports. According to shipping data, the K. Mugungwha, Korean LNG tanker, arrived at the terminal yesterday, and a French tanker, Provalys set sail from the LNG terrminal on Monday. Yemen LNG terminal has […]

  • VEKA Group, DEEN Shipping Reveal Inland LNG Carrier Ship Design (The Netherlands)

    30 May 2013
    Vessels

    During the second day of the ‘Construction & Shipping Industry’ trade fair in Gorinchem two major players in inland shipping have signed an collaboration agreement and revealed the first product of their collaboration, an innovative ship design for the first inland LNG carrier. This new tanker has a length of 90 meters and will be […]

  • Shell in Dutch, French LNG bunkering firsts

    15 May 2020
    Infrastructure, Ports & Logistics, Vessels

    Royal Dutch Shell has taken part in two liquefied natural gas bunkering operations in the French port of Marseille and in the Dutch port of Rotterdam. In the Port of Marseille Fos, Shell and Carnival carried out the first-ever ship-to to ship LNG bunkering operation in France supplying fuel to the 2019-delivered cruise ship Costa […]

  • OSC Signs USD 110 Mn Loan to Refinance Five Ships

    17 September 2019
    Business & Finance

    The funds would be used for refinancing of three tanker vessels and two very large crude carriers (VLCCs).

  • Tsakos: We are in uncharted territory, but we are experts in navigating things

    26 March 2020
    Business & Finance, Market Outlooks, Outlook & Strategy

    The first two quarters of 2020 look very promising for the tanker markets, according to Nikolas Tsakos, President and CEO of Tsakos Energy Navigation (TEN). The estimate comes at a very turbulent time for tanker owners marked by oil price collapse after the fallout between Russia and OPEC countries on the proposed oil production cuts […]