10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Tanker Investments Eyes Share Repurchase

    23 October 2014
    Business & Finance

    Marshall Islands-based tanker company Tanker Investments Ltd. (TIL) expects to report a net loss in the range of USD 0.01 to USD 0.03 per share for the third quarter of 2014, the company said in its earnings guidance for the three months ended September 30, 2014. TIL’s board of directors has authorized a share repurchase program to […]

  • Navios Acquisition Disposes of Chemical Tanker

    18 November 2016
    Business & Finance

    Greek tanker owner Navios Maritime Acquisition Corporation (Navios Acquisition) has informed that it closed the sale of the Nave Constellation, a 2013-built chemical tanker.  The 50,000 cbm vessel was sold for USD 36.4 million to an unnamed buyer. Navios Acquisition revealed it used USD 16.4 million of the total amount for repayment of debts. According […]

  • Tanker Orders Ramp Up in Q2

    17 August 2017

    The second quarter of the year saw a total of 32 product tankers ordered as owners rushed to quench their thirst for newbuilding tonnage amid attractive asset prices. A total of 10 Handysize vessels and 22 Middle Range (MR) tankers have been ordered along with 18 Long Range (LR) 2 vessels, which corresponds to 2.4% […]

  • Tanker Catches Fire at Vietnamese Port

    12 March 2018

    A tanker docked at a Vietnamese port burst into flames following an explosion on March 10, according to Hai Phong Port Authority.

  • Nordic Shipholding’s Tanker Sale Fails

    8 April 2019
    Business & Finance

    The sale of Nordic Shipholding’s Nordic Ruth has failed, the Danish shipowner said.

  • Tanker Investments Adds Six Suezmaxes

    15 December 2014
    Business & Finance

    Oslo-listed investment company Tanker Investments Ltd. has agreed to acquire six, modern Suezmax tankers for an en bloc purchase price of USD 315 million. The fleet consists of four, 2009-built and two, 2010-built Suezmaxes constructed by Rongsheng Heavy Industries Group Ltd. and are expected to be delivered to Tanker Investments during the first half of […]

  • Scorpio Tankers in Talks with South Korea’s Shipyard for Construction of Five MR Product Tankers

    13 May 2011

    Scorpio Tankers Inc. announced yesterday that it has commenced a public offering of 5,500,000 shares of its common stock. The proceeds of the offering are expected to be used, after assessing any working capital and other general corporate expense needs, to pursue vessel acquisitions consistent with the Company’s acquisition strategy. In addition, the Company has […]

  • NYK and partners wrap up ship-to-ship liquefied ammonia transfer off Spain

    24 September 2025
    Business Developments & Projects, Operations & Maintenance

    Japanese shipping company NYK, in collaboration with ammonia trader Trammo, has completed its first ship-to-ship (STS) transfer of liquefied ammonia.

  • Suezmax Tanker Joins NAT’s Fleet

    28 February 2017
    Business & Finance

    Bermuda-based tanker owner Nordic American Tankers Limited (NAT) has expanded its fleet as it took delivery of a newbuilding Suezmax tanker on February 27. Nordic Space, the company’s second Suezmax newbuilding tanker, was constructed by South Korean Sungdong Shipbuilding and Marine Engineering. The 158,000 dwt ship, which was christened on August 24, 2016, has started its […]

  • Greece Keeps the Lead in Tanker Ordering

    22 October 2015

    Despite a substantial fall in overall ordering this year, tanker contracting has been robust with 207 ships of 16.6m GT reported of being ordered so far this year, which is already above full year 2014 in terms of GT, according to data released by London-based Clarksons. Greece remained on top of the ordering chain, having […]

  • NAT Expands Fleet with New Tanker

    8 September 2016
    Business & Finance

    Bermuda-based tanker owner Nordic American Tankers Limited (NAT) took delivery of a Suezmax newbuilding tanker the Nordic Star, built at South Korea’s Sungdong Shipbuilding and Marine Engineering. Featuring 158,000 deadweight tons, the vessel, which was named on August 24, will be employed in the tanker market right away, according to the company. NAT’s second Suezmax newbuilding, the Nordic […]

  • Team Tankers Ups Loan Facility

    20 October 2015
    Business & Finance

    Bermuda-headquartered chemical tanker owner and operator Team Tankers International has increased its existing USD 100 million loan facility by additional USD 50 million. ABN AMRO has joined the facility as the lender of the additional funds, with the remaining USD 100 million provided by  SEB and NIBC Bank. “We are delighted to establish a relationship with […]

  • Terntank Adds Third Chemical Tanker

    16 November 2016
    Business & Finance

    Swedish tanker owner Terntank has taken delivery of the Tern Sea, the third of four 15,000 dwt chemical tankers with dual-fuel two-stroke engines ordered from Avic Dingheng shipyard in China.  Featuring a length of 147 meters and a width of 22 meters, the Tern Sea was named in September 2016. Prior to departing for Europe, […]

  • KNOT’s Shuttle Tanker to Work for Total

    28 August 2019
    Business & Finance

    Knutsen NYK Offshore Tankers AS (KNOT) concludes a time charter contract with Total for a shuttle tanker newbuilding.

  • Mercator Limited Disposes of Tanker Oldie

    29 November 2018
    Business & Finance

    As part of its strategic plan, Mercator Limited has decided to sell one of its vessels, Vedika Prem. 

  • Southeast Asia Tanker Hijackings Rising

    14 January 2015

    Attacks against small tankers off South East Asia’s coasts caused a rise in global ship hijackings, up to 21 in 2014 from 12 in 2013, despite piracy at sea falling to its lowest level in eight years, the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) has revealed. Pirates took 442 crewmembers hostage, compared […]

  • US Removes Sanctions on PB Tankers

    4 July 2019
    Business & Finance

    PB Tankers was removed from the list after terminating its contract with Cuban state-run company Cubametales.

  • DSME Lands LNG Tanker Deal

    3 February 2014
    Project & Tenders, Vessels

    Daewoo Shipbuilding & Marine Engineering (DSME) of South Korea secured a US$410 million deal to build two LNG tankers for an unnamed European company, DSME said in a filling to the stock exchange. Daewoo expects to deliver the LNG tankers by 2016. DSME is one of the world’s leading shipyards for the construction of LNG […]

  • South Korea: Scorpio Tankers, HMD Sign Contract for 52.000 DWT MR Product Tanker

    23 December 2011

    Scorpio Tankers Inc has signed a contract with Hyundai Mipo Dockyard Co., Ltd. of South Korea (HMD) to construct a 52,000 DWT MR product tanker for approximately $36.4 million. The company executed a $92.0 million credit facility (“2011 Newbuilding Credit Facility”) with Credit Agricole Corporate and Investment Bank (“CA-CIB”) and Skandinaviska Enskilda Banken AB (“SEB”) […]

  • Tanker Scrapping Highest Since 1982

    9 April 2018
    Business & Finance

    Tanker scrapping increased significantly in the first quarter of 2018.

  • Fearnleys: Tanker Rates Sink Again

    4 December 2014

    A considerable slowdown has pushed tanker rates down in both Middle East Gulf (MEG) and West Africa, according Fearnleys weekly tanker chartering report. Relatively few cargoes are in play at the same time in MEG which is a major change from last week, the brokerage firm said. As indicated in the weekly review, there is […]

  • Aker Yards enters chemical tanker market

    23 June 2006

    Aker Yards has today signed an agreement with Kleven Maritime to acquire Kleven Flor

  • GasLog Takes Delivery of LNG Tanker, Monaco

    25 July 2013
    Vessels

    GasLog Ltd. announced the delivery of the fully owned LNG carrier GasLog Skagen, from Samsung Heavy Industries. The vessel was delivered on budget and ahead of schedule. Immediately on delivery she commenced a medium-term charter to Methane Services Ltd. (BG Group). The vessel is a 155,000 cubic meter tri-fuel Diesel Electric LNG carrier that sets […]

  • Tanker Recovery: Winter Is Coming (Early)?

    20 November 2018

    Multiple factors contributing to tanker recovery, but sustainable recovery is yet to materialize.

  • Nordic Shipholding Offloads Handysize Tanker

    26 February 2019
    Business & Finance

    Nordic Shipholding disposes of a Handysize product tanker.