10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Odfjell Deeper in Loss

    9 November 2017
    Business & Finance

    As the challenging market for chemical tankers persisted, Norwegian shipping and tank terminal company Odfjell widened its net loss to USD 11 million in the third quarter of this year from a loss of USD 5 million seen a quarter earlier.  The results were also impacted by the market for terminals which was under pressure […]

  • Iran All Set for Oil Export Boost once Sanctions Are Lifted

    8 January 2016
    Business & Finance

    Iran is gearing up to deploy its crude oil tankers to the market once the sanctions against the country are lifted, which is expected to take place by the end of January. What is more, based on the latest statement from the US Secretary of State John Kerry, Iran may be “days away” from complying with the […]

  • Recycling Markets Hit by Dry Bulk, Boxship Rebound

    5 January 2018

    The supply of tonnage to the recycling markets was down by 20 percent in 2017.

  • Eletson’s Rating Downgraded Again amid Weak Liquidity

    20 December 2017
    Business & Finance

    Eletson Holdings has had its corporate family rating downgraded by Moody’s from B3 to Caa1.

  • Japan: Naming Ceremony for New Jointly Owned Energy-Efficient LNG Carrier ENERGY HORIZON

    6 July 2011

      On July 6, NYK Line and Tokyo LNG Tanker Co. Ltd., a wholly owned subsidiary of Tokyo Gas Co. Ltd., held a naming ceremony for a jointly owned LNG carrier being built at the Sakaide Shipyard of the Kawasaki Shipbuilding Corporation. At the ceremony, Tsuyoshi Okamoto, the president of Tokyo Gas Co. Ltd., named […]

  • Red Sea crisis escalation: US-UK airstrikes, Houthis’ vessel attacks, spike in oil prices, and tanker trade slowdown

    14 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Market Outlooks, Safety, Vessels

    Recent events in the Red Sea have added fuel to the growing fears about the possibility of a wider conflict breaking out across the Middle East, prompting further concerns over oil flows, supply chains, and energy prices in the region and beyond.

  • Following Stena Polaris through North-East Passage

    1 October 2013
    Business & Finance

    Stena Bulk’s tanker Stena Polaris, with a cargo of 44,000 tons of naphtha, is sailing from the Gulf of Finland via the North-East Passage to South Korea. A route that passes through Arctic waters that make exacting demands on technology, know-how and experience. The 31-day voyage can be followed via reports, photos and films in […]

  • AET and Petronas unit in talks over zero-emission ammonia-fueled Aframax

    27 February 2023
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Vessels

    AET, the petroleum arm of MISC Group, has signed a memorandum of understanding (MoU) with PETCO Trading Labuan Company Ltd (PTLCL), an indirect wholly-owned unit of Petronas, to explore a potential collaboration for deploying a future zero-emission ammonia-powered Aframax. For AET, this MoU for the potential development and construction of one deep-sea tanker vessel powered […]

  • Navig8, Doosan Fuel Cell to develop fuel cells for ships

    12 November 2020
    Collaboration, Environment, Innovation, Transition, Vessels

    South Korean fuel cell developer Doosan Fuel Cell has signed a Memorandum of Understanding with Singaporean shipper Navig8 to develop fuel cells for ships. The move comes as the shipping sector embarks on a path to decarbonize in line with the ever more stringent regulations on greenhouse gas emissions. Under the cooperation plan, Doosan FuelCell […]

  • Port Everglades Expansion Study Wins Approval

    2 March 2015
    Business & Finance, Project & Tenders

    The U.S. Army Corps of Engineers, Jacksonville District, and Port Everglades have received unanimous approval from the Corps’ Civil Works Review Board for the Port Everglades Harbor Feasibility Study following their presentation in Washington, D.C.  The board unanimously recommended that the Corps move forward with the final state/agency review of the report. This marks a […]

  • NGO Platform: 169 Ships Sold to South Asian Beaches

    25 July 2018
    Business & Finance

    NGO Shipbreaking Platform: From a total of 220 ships that were scrapped in 2Q 2018, 169 vessels hit the South Asian beaches.

  • JMU Wins Two LNG Carriers

    28 February 2014

    Tokyo LNG Tanker Co. Ltd., a 100% subsidiary of Tokyo Gas, has signed today a shipbuilding contract with Japan Marine United Corporation (JMU) for the construction of two LNG vessels (165,000m3 tank capacity). The two LNG vessels scheduled to be delivered in 2017 will be employed for transporting LNG mainly from U.S. Cove Point Project. The […]

  • New LNG carrier joins Shell’s fleet

    9 November 2017

    Shell International Trading and Shipping Co. Ltd, a unit of the Hague-based energy giant, has marked 125 years of shipping heritage by naming its latest liquefied natural gas (LNG) carrier in honour of its first ever oil tanker, the Murex. The new Murex joined Shell’s technically managed fleet last week. The 173,000-cbm vessel is one […]

  • Enagas Improves Efficiency on LNG Reloading Operations

    22 April 2014

    Enagás is reducing to zero boil-off gas losses in LNG reloading operations at average production levels through the introduction of various process improvements, the company said in a statement. By way of illustration, loading carried out at the Huelva plant on 11 March and 2 April achieved 0% losses while loading at the Cartagena plant […]

  • Armed Security Teams on French and Japanese Ships Are Welcomed

    6 December 2013
    Business & Finance

    France and Japan have recognised that piracy is an on going threat to shipping by allowing armed guards on their ships said UK maritime security company GoAGT. Gerry Northwood OBE, Chief Operating Officer for the company, said: “Countries that have not adopted these procedures yet should do so if the world’s shipping routes are to […]

  • Lisnave: 2013 a Good Year for Ship Repairs

    1 November 2013

    So far this year, Portugal’s Lisnave, Mitrena, has repaired some 73 vessels across a wide range of ship types. For any shiprepair yard operating in the general repair market, the number of repeat customers is always a defining fact on the yard’s success. In the case of Lisnave, this year, has seen approximately 70% repeat […]

  • Bad Weather Hinders Huntington Field Production

    23 January 2014

    Production from the E.ON operated Huntington offshore oil field, located in the UK sector in the North Sea, has been reduced, Noreco, a partner in the field has reported. So far in January reported Noreco share of production from the Huntington field is approximately 3 200 barrels of oil equivalents per day. The lower than […]

  • Novatek delivers first Yamal LNG cargo to Japan via NSR

    24 July 2020
    Infrastructure, Vessels

    Novatek, Russia’s largest independent natural gas producer, shipped the first cargo of liquefied natural gas from the Yamal LNG project to Japan transported eastbound via the Northern Sea Route.

  • U.S. weekly LNG exports keep climbing

    30 October 2020
    Infrastructure, Ports & Logistics

    Liquefied natural gas (LNG) exports from the U.S. facilities increased during the seven days between October 22 and 28.

  • Crewless Ship Washes Ashore in Liberia

    5 May 2016

    A product tanker identified as Tamaya 1 has beached ashore near Robertsport, northern Liberia coast, Liberia Maritime Authority confirmed to World Maritime News. Based on the reports from Liberia Radio, the 1980-built 1,441 DWT ship washed ashore on May 4th without anybody on board. It is not known what happened to the crew, however certain reports […]

  • First Ethane Cargo from Morgan’s Point Shipped

    2 September 2016
    Business & Finance

    US-based provider of midstream energy services Enterprise Products Partners L.P. loaded the first cargo of ethane to be exported from its Morgan’s Point, Texas terminal aboard the 2015-built LPG tanker JS INEOS Intrepid on September 1. The tanker, loaded with some 265,000 barrels of ethane, set sail from the facility yesterday morning en route to the INEOS facility at […]

  • Nine People Faced with Negligence Charges over STX Blast

    30 August 2017
    Business & Finance

    Nine people have been charged with negligence within the framework of an investigation into the deadly explosion that occurred ten days ago at South Korean STX Offshore and Shipbuilding yard in Changwon, South Gyeongsang Province. The blast took place on board a petrochemical product tanker Persepolis which is under construction at the yard, while the workers were paint-spraying the inside of […]

  • Search for Missing John S. McCain Crew Called Off, One Body Identified

    24 August 2017

    After more than 80 hours of multinational search efforts, the U.S. Navy said it suspended search and rescue operations for USS John S. McCain sailors that went missing after the collision with the Liberian-flagged tanker Alnic MC. U.S. Navy and Marine Corps divers will continue search and recovery efforts inside flooded compartments in the ship for the missing sailors. Until […]

  • BW Buys Dorian LPG Shares

    20 July 2015
    Business & Finance

    BW Group’s subsidiary BW Euroholdings Limited has purchased 6 million shares in New York Stock Exchange-listed Dorian LPG Ltd, constituting approximately 10.2% of the total number of shares outstanding in Dorian, at USD 15.34 per share (USD 92 million in total). BW Euroholdings Limited has granted to BW LPG Limited an option to purchase the […]

  • Nissen Kaiun Orders Ten Panamax Bulkers

    5 September 2017
    Business & Finance

    Japanese marine transportation company Nissen Kaiun has placed an order for ten 82,000 DWT bulk carriers at compatriot shipyards, shipbroking firms indicate. Under the deal valued at USD 270 million, Tsuneishi Zosen Shipbuilding has been hired for the construction of five vessels, while Imabari Shipbuilding has been entrusted with building the remaining five ships. The […]