10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Tanker Investments Plunges Further into Red

    9 November 2017
    Business & Finance

    Challenging market conditions plagued by the oversupply of vessels have pushed tanker owner and operator Tanker Investments Ltd (TIL) further into the red in the third quarter of the year. Namely, TIL reported a net loss of USD 9.4 million for Q3, widening its loss from the corresponding quarter a year earlier which stood at USD […]

  • Spain detains tanker for dumping hydrocarbons

    18 June 2021
    Authorities & Government, Infrastructure, Regulation & Policy, Vessels

    Spanish authorities have arrested an oil tanker in the Port of Almería for the illicit discharge of hydrocarbons.

  • Scorpio Tankers Secures Loan Duo

    20 March 2015
    Business & Finance

    Scorpio Tankers said that it has received commitments from two leading European financial institutions for two separate loan facilities of up to USD 113.2 million. The loan is intended to partially finance the purchase of four LR2 product tankers that was announced in December 2014. A USD 52 million loan will be used to finance […]

  • Oil Tanker Aground off Uruguay

    20 May 2016

    Marshall Islands-flagged oil/chemical tanker Siteam Anja ran aground onto the rocks just 400 meters off the shore of Lobos Island, about 8 kilometers southeast of Punta del Este, Uruguay on Tuesday, May 17th. The 1997-built tanker was en route from San Lorenzo, Argentina to Rio Grande, Brazil with more than 32,000 m3 vegetable oil in its tanks. Near Punta del Este the 44,640 […]

  • Trafigura Sells Five Tanker Newbuilds

    11 October 2016
    Business & Finance

    Commodity trading company Trafigura Group has entered into sale and leaseback agreements for five medium-range, eco-type newbuild tankers with China’s Bank of Communications Financial Leasing. Ordered by Trafigura in 2013 from Guangzhou shipyard in China, the tankers can each carry close to 50,000 million tons of dirty and clean petroleum products. The new vessels were delivered to Bank of Communications […]

  • Elcano Adds Two Chemical Tankers

    8 August 2014
    Business & Finance

    Spanish shipowner ELcano has placed an order for two 13,000 dwt chemical tankers with China’s Ningbobo Xinle Shipbuilding, the shipyard said in a press release. The first ship is expected to be delivered in the second half of 2016. Zhejiang Ocean Shipping was first to order an LNG carrier from Ningo Xinle in October last […]

  • Report: Vietnamese Tanker Collides with Warship

    4 October 2017

    A small chemical tanker Everrich 3, owned by Vietnamese TPL Shipping, was involved in a collision with a Taiwanese warship, the Taipei Times reports. The 1995-built chemical tanker, flying the Panamanian flag, reportedly hit the stern of the Tsoying (DDG-1803) belonging to the Republic of China (Taiwan) Navy, while pulling out of the port. The warship […]

  • Trafigura In for Up to 32 New Tankers

    1 June 2017
    Business & Finance

    Singaporean commodity trading company Trafigura Group revealed its plans to hire up to 32 newbuild crude oil and product tankers which will be built in Korea and China.  According to Trafigura, the order, with a potential value in excess of USD 1.35 billion, is being placed by “a close Asian financial partner”, the identity of […]

  • Scorpio Tankers Fixes Three for Three

    27 October 2015
    Business & Finance

    Monaco-based tanker owner Scorpio Tankers has entered into time charter-out agreements with undisclosed clients for two ice class, medium-range oil/chemical tankers, and one long-range crude oil tanker. Scorpio chartered out the 2015-built, 52,000 dwt STI Westminster for a period of three years at USD 20,500 per day. The 2015-built, 52,000 dwt STI Nothing Hill was chartered out for the identical […]

  • FSL Trust refinances 5 tankers

    2 March 2021
    Business & Finance

    FSL newbuilds

  • Navios Charters Out Three Tankers

    16 April 2015
    Business & Finance

    The NYSE-listed tanker owner and operator Navios Maritime Acquisition Corporation has chartered out one Very Large Crude Carrier (VLCC) and two MR2 product tankers for a period of one year. The Nave Galactic, a 2009-built VLCC, has been chartered at a rate based on the BITR TD3-TCE index. Navios Acquisition will receive 100% of the index […]

  • Stena’s New Tanker Digitally Named

    19 January 2018
    Business & Finance

    Tanker shipping company Stena Bulk has held a digital naming ceremony for Stena Immortal, a 50,000 dwt tanker. 

  • Desgagnés Takes Delivery of New Dual-Fuel Tanker

    9 May 2019
    Business & Finance

    Desgagnés takes delivery of Rossi A. Desgagnés, a new-generation oil-chemical tanker.

  • Frontline Thrives on Strong Tanker Market

    29 February 2016
    Business & Finance

    John Fredriksen-controlled oil tanker shipping company Frontline Ltd. has reported an increased net income of USD 124.3 million in 2015, compared to USD 86.2 million reached in 2014. Robert Hvide Macleod, Chief Executive Officer of Frontline Management AS, said that Frontline’s fourth quarter of 2015 was strong with net income attributable to the company reaching USD 58.6 million. […]

  • Navig8 Chemical Tankers Still in Loss

    1 February 2018
    Business & Finance

    Navig8 Chemical Tankers ended the fourth quarter of 2017 with a widened net loss.

  • Drewry: Tanker Market to Remain Volatile

    15 September 2014

    The Drewry All Earnings Index, which covers the main bulk shipping markets, fell 20% in August and stood at 152, according to the Shipping Insight report published by shipping consultancy Drewry. The index was held back by weaker tanker and LPG charter rates, but overall earnings would have fallen further were it not for some […]

  • Maran Orders Two Tankers at DSME

    18 May 2015
    Business & Finance

    South Korean shipbuilding giant Daewoo Shipbuilding & Marine Engineering Co (DSME) has won an order from Greece-based Maran Tankers Management to build two oil tankers. The contract was signed on Friday, May 15th and entails construction of two 156,000 DWT crude oil tankers slated for delivery in early 2017. The financial terms of the deal have not […]

  • Product Tanker on Fire in Veracruz Shipyard

    22 February 2016

    The firefighters managed to contain a fire aboard a 45,705 dwt product tanker Nuevo Pemex IV which started in the morning hours on Saturday while the vessel was being dismantled in a Veracruz shipyard in Mexico, according to the Talleres Navales del Golfo shipyard. The 1989-built vessel, which was being taken to pieces, ignited during cutting works in the engine room, the shipyard […]

  • JBIC to Finance LNG Tanker Procurement

    15 November 2013
    Vessels

    The Japan Bank for International Cooperation signed recently two loan agreements amounting up to 10,754 million Japanese yen and 10,955 million Japanese yen, with LNG FUKUROKUJU SHIPPING CORPORATION and LNG JUROJIN SHIPPING COPRPORATION, both Bahamas companies owned 70% by The Kansai Electric Power and 30% by Mitsui O.S.K. Lines. The loans are co financed with […]

  • Norway: Odfjell Buys Chemical Tanker

    14 October 2011
    Business & Finance

      Odfjell has today entered into a contract for the purchase of MT Holly Galaxy, a 19,975 dwt chemical tanker (IMO II/III) with 22 stainless steel cargo tanks, built in 2006 at Fukuoka Shipbuilding in Japan. The vessel will be delivered in December 2011 and shall be traded regionally in South America. Company is in […]

  • Terrorist attack against super tanker

    6 August 2010

    The Japanese tanker M. Star was the subject of a terrorist attack when it sailed through the Strait of Hormuz on July 28, reports the United Arab Emirates state news agency quoting a source close to the investigation. ”A responsible source at the UAE Coast Guard said that investigations and an examination carried out by […]

  • ExxonMobil hires Singapore’s first LNG-fuelled bunker tanker

    16 August 2019
    Vessels

    U.S. energy giant ExxonMobil has signed a two-year time charter agreement with Singapore-based Sinanju Tankers for Singapore’s first liquefied natural gas (LNG) powered bunker tanker.

  • Russian LNG Tanker Heads for Japan

    13 March 2011

      Russia has sent a tanker load of liquefied natural gas to Japan. The vessel set off from the port of Prigorognoye in southern Sakhalin on Sunday morning. Another tanker with LNG for Japan will be dispatched on Monday. These are planned supplies totaling more than 100,000 cubic meters of gas. Earlier, Prime Minister Vladimir […]

  • Scorpio Bulkers Swaps Bulkers for Tankers

    5 February 2015
    Business & Finance

    Scorpio Bulkers has reached agreements with a shipyard in South Korea to modify existing newbuilding contracts for three Capesize vessels.  The three contracts, two for vessels scheduled for delivery within the first quarter of 2016 and one for a vessel scheduled for delivery within the second quarter of 2016, will now provide for the construction […]

  • Russia: BFC Takes Delivery of Oil Tanker Ksenia

    19 July 2012

    Baltic Fuel Company has taken delivery of the fourth tanker vessel in a series of non-self-propelled oil tankers of 2734 Project named Ksenia. Construction of the series at Baltic Shipyard was launched in January 2011, under a contract signed in November 2010. Order for construction of a series of tankers was funded with the assistance of […]