10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Greek Tanker Seized in Libya

    29 August 2017
    Business & Finance

    Greek-owned small clean tanker Levante has been seized by Libyan authorities on the grounds of suspected oil smuggling off the Abu Kammash area west of Tripoli, Reuters reports citing a naval official. According to navy spokesman Ayoub Qassem, the Liberian-flagged ship and its 20 crew members, predominantly of Philippine nationality, were detained on Monday as they are […]

  • Maersk sells tanker business

    20 September 2017

    Following a recent deal to sell its oil business, Danish shipping giant Maersk has now reached an agreement to sell its Maersk Tankers unit. The company said on Wednesday it would sell the shares in Maersk Tankers to APMH Invest A/S (APMHI) for USD 1,171 mill. on a debt and cash-free basis. APMHI is a […]

  • Product Tanker Gascogne Released

    6 February 2013
    Business & Finance

    Sea Tankers reported that its product tanker Gascogne has been released and confirmed that the vessel is now safely travelling under the full direction of its Master. The Gascogne was taken over by pirates off the Ivory Coast. The company lost contact with the vessel on Sunday morning. The ship has now been released. “We […]

  • Scorpio Tankers Buys Back

    29 May 2015
    Business & Finance

    New York-listed Scorpio Tankers Inc. authorized a new securities buyback program to purchase up to an aggregate of USD 250 million of the company’s common stock and bonds. The program includes convertible senior notes due 2019, unsecured senior notes due 2020 and unsecured senior notes due 2017, which were issued in October 2014. This program replaces the company’s stock buyback […]

  • Tanker Fired at by Iranian Navy

    15 May 2015
    Business & Finance

    An oil product tanker is reported to had been fired at by the Iranian naval forces while transiting the Gulf on Thursday. Singapore-flagged tanker Alpine Eternity was approached by five Iranian Revolutionary Guard Corps Navy ships at about noon (0800 GMT), Reuters said citing U.S. officials. The ships fired warning shots as they tried to […]

  • Bunker One Expands to Caribbean with Bunker Tanker Waltz

    30 May 2019

    The vessel is starting operations in Freeport, the Bahamas, on June 1.

  • Scorpio Tankers Rejuvenates Fleet

    18 December 2014
    Business & Finance

    Monaco-based tanker owner and operator Scorpio Tankers has recently taken delivery of six newbuilding vessels. The company has also agreed to sell three of its older vessels for a total sum of USD 74 million. STI Condotti, an LR2 product tanker, was delivered from Hyundai Samho Heavy Industries, and upon delivery the vessel began a voyage […]

  • Sinanju Tankers takes delivery of Marine Vicky

    14 January 2020

    Sinanju Tankers Holdings said it has taken delivery of Marine Vicky, Singapore’s first LNG-fueled bunkering vessel from the Keppel Nantong shipyard in China. 

  • New CEO at Teekay Tankers

    28 May 2014
    Business & Finance

    Teekay Tankers Ltd. has announced the appointment of Mr. Kevin J. Mackay as Chief Executive Officer (CEO) of Teekay Tankers, effective June 20, 2014. Mr. Mackay will join Teekay Tankers from Phillips 66 Corporation, where he is currently head of the global marine business unit for this industry-leading downstream company. Teekay’s new CEO said, “Teekay Tankers […]

  • NYK Stolt Tankers orders six battery- and methanol-ready chemical tankers in China

    9 February 2024
    Business Developments & Projects, Infrastructure, Vessels

    NYK Stolt Tankers (NST), a joint venture between shipping companies NYK Line and Stolt Tankers, has reached an agreement with Nantong Xiangyu Shipyard in China to build six 38,000 dwt stainless steel chemical tankers.

  • Scorpio Tankers Plunges into Loss

    18 September 2017
    Business & Finance

    Monaco-based tanker owner Scorpio Tankers delivered a net loss of USD 68.3 million for the three months ended June 30, 2017, against a net income of USD 3.8 million seen a year earlier. The company’stime charter equivalent (TCE) revenue dropped to USD 117.5 million from USD 136.7 million reported in the same three-month period in […]

  • Tanker Market Fundamentals Improving

    7 August 2014
    Business & Finance

    Crude tanker spot rates in the second quarter of 2014 averaged approximately 20 to 30 percent higher compared to the same period of 2013, reflecting improving tanker market fundamentals and higher fleet utilization compared to the previous year, according to Tanker Investments Ltd. Since the beginning of the third quarter of 2014, Aframax and Suezmax spot […]

  • Tanker Grounds in Greek Waters

    18 March 2019

    A small clean tanker ran aground near the Port of Gavrio, Andros island in Greece.

  • MMEA Recovers Hijacked Tanker

    30 January 2015
    Business & Finance

    The Malaysian Maritime Enforcement Agency (MMEA) recovered the chemical tanker Sun Birdie, reported to be missing on Wednesday, and arrested seven hijackers found onboard the vessel, ReCaap Information Sharing Centre reports. MMEA received information from the ship’s owner that the company lost contact with the vessel at around 10 pm local time, Wednesday. The last […]

  • Suezmax Tanker on Auction in Singapore

    30 March 2017

    Suezmax crude oil tanker Ambassador, which was arrested on January 19 in Singapore waters, has been put up for auction, according to Supreme Court of Singapore’s data.  The court’s data shows that the closing date for bids for the 153,000 dwt vessel is April 12, 2017. The net value of bunkers on board Ambassador is SGD […]

  • Scorpio Tankers firms up options for five ships, sells one MR tanker

    18 January 2024
    Vessels

    Monaco-based shipping company Scorpio Tankers has entered into an agreement to sell an MR product tanker, and has exercised the purchase options on five ships.

  • Singapore Puts Bunkering Tanker Up for Sale

    19 January 2018
    Business & Finance

    Bunkering tanker UE Star, which was arrested in November 2017, has been put up for auction in Singapore.

  • Simulated Oil Tanker, Benzene Chemical Tanker Collision in Tampa Bay

    6 June 2006

    In light of recent natural and man-made disasters the ability to quickly respond is becoming more urgent than ever. Emergency response teams, rescue units, police and firefighters all need crucial and timely data to perform their jobs when time is of the essence and lives are on the line. By creating interoperability between systems this […]

  • CCNI Boosts Tanker Fleet

    12 March 2015
    Business & Finance

    Chile’s Compania Chilena de Navegacion Interoceanica (CCNI) has inked a Memorandum of Agreement (MOA) with Norden Shipping (Singapore) Pte.Ltd. for the purchase of two 50,000 DWT tankers. The tankers, intended for the transport of petroleum products and derivatives, are each priced at USD 36.5 million. The ships will be leased to the country’s energy coglomerate […]

  • HMM Pondering Tanker Sale

    3 March 2016
    Business & Finance

    South Korean shipping company Hyundai Merchant Marine (HMM) is reportedly considering sale of its oil tanker fleet as it grapples with financial difficulties. The sale would be carried out within the bulk carrier division, as disclosed by the Business Korea, and it would include offloading over dozen vessels, 14 based on the company’s website information, those being Very Large […]

  • Scorpio Tankers Sinks to Loss

    14 November 2016
    Business & Finance

    Monaco-based tanker owner Scorpio Tankers recorded a net loss of USD 27.1 million in the third quarter of 2016, compared to a net income of USD 85.3 million in the same period last year. The loss is primarily attributed to low Time Charter Equivalent (TCE) revenue that halved in the third quarter of 2016, dropping to […]

  • Tankers Lift Stolt-Nielsen

    1 October 2015
    Business & Finance

    Oslo-listed Stolt-Nielsen Limited reported USD 30.1 million net profit attributable to shareholders for the third quarter ended August 31, compared with a net profit of USD 14.6 million reported in the third quarter of 2014, mostly due to the company’s tanker segment – Stolt Tankers. Stolt reported revenue of USD 500.7 million in the third quarter of […]

  • Tsakos Fixes Suezmax Tanker

    2 December 2015
    Business & Finance

    Athens-based tanker owner and operator Tsakos Energy Navigation (TEN) has entered into a long-term charter agreement for a suezmax tanker with an undisclosed company. The contract is scheduled to start in December 2015 upon the completion of the vessel’s current voyage. Tsakos expects that the charter will generate approximately USD 18.5 million in total gross revenues. “This accretive […]

  • North Sea swap deal expands Aker BP’s oil & gas portfolio

    28 July 2025
    Business & Finance, Business Developments & Projects

    Aker BP has made arrangements with JAPEX Norge, a Norwegian subsidiary of Japan Petroleum Exploration (JAPEX), to trade partial interests in two fields for the Japanese player’s Northern North Sea assets.

  • Scorpio Tankers Pounces on Newbuildings

    11 November 2014
    Business & Finance

    Tanker owner Scorpio Tankers has reached an agreement to purchase two LR2 product tankers currently under construction at Daewoo Shipbuilding and Marine Engineering Co., Ltd. (DSME) for approximately USD 60 million each. These vessels are expected to be delivered in January 2015. Scorpio has not revealed the name of the seller. The company has also taken delivery […]