10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Sovcomflot Sees Constant Profit Increase

    18 November 2015
    Business & Finance

    Russia’s energy shipping specialist PAO Sovcomflot (SCF) has posted a net profit of USD 298.8 million for the nine months ended September 30, an increase of 174 percent compared to USD 109.1 million net profit for the same period last year, driven mostly by booming crude oil/products tanker market, and long-term LNG charters. The company also reported a […]

  • UK: Frontline Plans to Acquire Five VLCC Newbuilding Contracts

    6 December 2011

    The restructuring of Frontline has been approved by the Board of the Company and will in the next few days be put forward to our creditors and counterparties for approval. The proposed solution has been made possible through a massive commitment from Frontline’s major shareholder; Hemen Holding Ltd. The major part of the restructuring consists […]

  • Sale of Rotterdam Terminal Affects Odfjell’s Earnings

    24 August 2018
    Business & Finance

    Norway’s Odfjell SE suffered a net loss of USD 120 million in the second quarter of this year.

  • Denmark: Maersk to Make More Regular Use of Armed Guards on Ships

    17 October 2011

      AP Moller-Maersk will make more regular use of armed guards on tankers passing through the Gulf of Aden, the company has confirmed. However, there are “no immediate plans” to extend the policy to containerships, Maersk Tankers chief technical officer Steffen Jacobsen added. It remains unclear which contractor is likely to pick up the work, […]

  • Photo: Dutch Gate terminal in first-ever Yamal LNG transshipment

    3 January 2018
    Ports & Logistics, Vessels

    The Gate terminal in the Dutch port of Rotterdam said it had performed the first-ever transshipment of a cargo sourced from the Novatek-operated Yamal LNG project in the Russian Arctic.

  • USA: Crowley Maritime Gets Safe Work Award

    22 June 2011
    Business & Finance

    In recognition of Crowley Maritime Corporation’s safe harbor ship assist and tanker escort operations on the west coast, Tesoro Maritime Company recently honored Crowley’s harbor services team with safe work awards – one for each of the past four years – during a ceremony in Crowley’s Seattle office. Crowley’s Andrew Gauthier, port captain; Scott Hoggarth, […]

  • Angola LNG puts up single cargo for sale

    9 September 2020
    Business Developments & Projects, Project & Tenders

    Chevron-led Angola LNG project has reportedly floated a tender looking to sell a single cargo of the chilled fuel.

  • K Line Offshore Has New CEO (Norway)

    9 July 2012
    Business & Finance

    K Line Offshore AS, a ship owning and operating company in the Offshore Support Vessel segment founded in Arendal, Norway, has named Tomoyuki Okawa a Chief Executive Officer of the company. Okawa begins as CEO on 1st July 2012 and replaces Mr. Katsue Yoshida, who has held the CEO position for the last three years. Okawa […]

  • G E Shipping Adds Supramax Bulker

    5 May 2017
    Business & Finance

    India-based shipping company Great Eastern Shipping (G E Shipping) has taken delivery of Jag Rohan, a secondhand Supramax dry bulk carrier, from Japan’s Kambara Kisen.  G E Shipping inked a contract with Kambara Kisen to buy the 52,450 dwt vessel in March 2017. Jag Rohan, previously known as Tenshou Maru, was purchased for USD 9 […]

  • Four Wah Kwong Ships to Join Navig8’s V8 Pool

    3 February 2017
    Business & Finance

    Hong Kong-based ship owner and operator Wah Kwong Shipping has decided to commit four of its Aframax tanker newbuildings to Navig8 Group’s V8 Pool. The company’s 112,000 dwt Unity Venture and Wisdom Venture, currently under construction at Japan’s shipyard Sumitomo, are expected to join the pool following delivery in February and May 2017, respectively. These two newbuildings are […]

  • Ardmore Takes Delivery of Ardmore Chinook

    24 July 2015

    Ardmore Shipping Corporation took delivery of Ardmore Chinook, a 25,217 deadweight tonne, Eco-design IMO 2 product and chemical tanker on July 17, 2015. The tanker was constructed at the Fukuoka Shipbuilding Co., Ltd (“Fukuoka Shipbuilding”) shipyard in Nagasaki, Japan, and is the third in a series of four Fukuoka newbuildings scheduled to deliver to Ardmore […]

  • G E Shipping Takes Delivery of Offloaded Jag Akash

    3 September 2015

    Mumbai-based Great Eastern Shipping Company Ltd. (G E Shipping) has taken delivery of the recently sold newbuilding Kamsarmax dry bulk carrier. GE Shipping signed a contract to sell the 81,600 dwt Jag Akash, built by Tsuneishi Heavy Industries (Cebu) Inc., the Philippines, with an unnamed shipping company on August 11. After the sale of the Jag […]

  • Tianjin Port Stops Handling Hazardous Cargoes

    18 August 2015

    Most tanker operations in the Tianjin Port have stopped as a result of a notice to the port from Tianjin Municipal Transport Commission to cease handling tankers and container ships carrying hazardous substances, Inchape Shipping Services informed. In addition, container ships with hazardous goods on board are currently unable to berth and discharge. Tianjin Municipal […]

  • G E Shipping Sells Kamsarmax Newbuilding

    11 August 2015
    Business & Finance

    Mumbai-based Great Eastern Shipping Company Ltd. (G E Shipping) has signed a contract to sell its newbuilding Kamsarmax dry bulk carrier to an undisclosed buyer. The 81,600 dwt Jag Akash is currently under construction at Tsuneishi Heavy Industries (Cebu) Inc., the Philippines, and will be delivered to G E Shipping in August/September 2015, after which it will be […]

  • HHI to Build up to Eight Gas Carriers for Vitol

    31 July 2017
    Business & Finance

    South Korean shipbuilder Hyundai Heavy Industries (HHI) has won a contract to build up to eight very large gas carriers (VLGCs) for the oil trading company Vitol, according to Reuters. Under the deal, the shipbuilder will construct two liquefied petroleum gas (LPG) tankers with a capacity of 84,000 cbm each. Vitol has the option to order six […]

  • Brokers: Kyklades Maritime Adds 2 More VLCCs to the Tally

    30 April 2018
    Business & Finance

    Kyklades Maritime orders two more VLCCs at Hyundai Heavy Industries.

  • Tsakos Tied to Bulker Order at Yangzijiang

    7 February 2018
    Business & Finance

    Tsakos Shipping and Trading decided to bolster its dry bulk fleet with an order for up to four bulkers.

  • Drewry: Is LNG the Fuel of the Future?

    26 April 2018
    Business & Finance

    Drewry: LNG is looking more plausible as the marine fuel of the 21st century.

  • Ship crash causes oil spill in HCMC’s river

    20 June 2007

    A tanker transporting oil for PETEC Co. yesterday collided with a cargo ship owned by Vietnam Shipbuilding Industry Group (Vinashin Group), causing an oil spill in the Nha Be River in HCMC.

  • Jinhai Delivers first VLCC to Norwegian Shipowner

    5 January 2012
    Business & Finance

    Jinhai Heavy Industry has completed the construction of the VLCC designed to consume less bunker fuel for higher energy efficiency. Chinese shipbuilder’s first 320,000 dwt VLCC will be delivered to a Norwegian shipowner. The shipyard has been given further seven orders for the similar-sized oil tanker. Four of them are currently undergoing construction and they […]

  • Eitzen Chemical’s Restructuring Plan Moves Ahead

    15 January 2015
    Business & Finance

    Oslo-based owner and operator of chemical tankers Eitzen Chemical ASA said it has secured support from all of its lenders anf bondholders for its restructuring plan. Completion of the restructuring as set out in the Plan Support Agreement (PSA) is expected to take place by the end of January, and in any event no later than 28 February […]

  • Ertuğrul Gazi FSRU receives first LNG cargo

    5 July 2021
    Business Developments & Projects, Infrastructure, Operations & Maintenance, Vessels

    LNG tanker Berge Arzew has delivered the commissioning cargo to Ertuğrul Gazi FSRU at the LNG terminal in Hatay, Turkey.

  • Seaspan and AES to collaborate on LNG bunkering services in Panama Canal

    6 October 2023
    Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy

    Canada-based Seaspan and global energy company AES have signed a memorandum of understanding (MoU) to collaborate on LNG bunkering business development. The companies signed the MoU in the framework of the 3rd International LNG Global Forum in Cartagena, Colombia, which took place from October 2 to October 4, 2023. As disclosed, their collaboration will be […]

  • Germany: BASF, SHI Develop New Anti-Sloshing Solution

    3 July 2013
    Equipment, Research & Development

    More than a quarter of the global production of natural gas in 2011 – or nearly 331 billion cubic meters – was liquefied and shipped throughout the world in ocean-going tankers. In preparation for transport, the gas is cleaned, liquefied at minus 162 degrees Celsius, and then loaded onto tankers that carry liquid cargo. This […]

  • Alnic MC Cleared to Discharge Cargo after Collision with US Navy Ship

    24 August 2017
    Business & Finance

    The Liberian-flagged tanker Alnic MC, which was involved in a collision with US Navy’s ship USS John S. McCain on August 21, is currently discharging its cargo of 12,000 MT of fuel oil. The ship’s manager Stealth Maritime Corporation said the cargo discharge was cleared by Singaporean authorities. “Once the discharge is completed Alnic MC […]