10000 results found for 'tanker'

10000 results found for 'tanker'
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  • 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 […]

  • Pirates Hijack Tanker off Indonesia

    2 February 2015

    An Indonesian-flagged tanker carrying around 1,100 tonnes of fuel was hijacked and its crew forced to board a lifeboat off North Sulawesi, Indonesia, on Wednesday, January 28, according to the local media. According to initial reports, eight masked men armed with knives approached and boarded the MT Rehobot on a wooden boat, forcing 14 of the ship’s […]

  • New Tanker Joins Palmali Fleet

    2 September 2014
    Business & Finance

    Istanbul headquartered Palmali Group took delivery of 7,100 DWT tanker Shovket Alekperova on August 30, which is the seventh tanker of the RST22M project, reports Marine Engineering Bureau in a press release. A distinctive features of RST22M, RST22, 005RST01 and RST12 design tankers are fully revolving rudder propellers, an increased trunk, and submersible cargo pumps. The tankers do […]

  • Thun Tankers Orders Fifth Newbuilding

    4 September 2017
    Business & Finance

    Dutch coastal shipping company Thun Tankers has declared the option for a fifth tanker to be added to the previously contracted four product/chemical tankers. The additional order comes only months after the company decided to expand its fleet with four new 17,500 dwt IMO II tankers. The five vessels, which will be delivered between 2019 and 2020, are […]

  • Teekay Tankers Lands Five Aframaxes

    18 December 2014
    Business & Finance

    Teekay Tankers Ltd. has agreed to acquire four coated Aframax tankers and one uncoated Aframax tanker for an aggregate purchase price of approximately USD 230 million. The five vessels, which are expected to be delivered in the first quarter of 2015, were constructed in 2008, 2010 and 2011 at shipyards in Japan and China. Upon delivery, […]

  • d’Amico Delays Delivery of LR1 Tankers

    2 March 2017
    Business & Finance

    Tanker shipping company d’Amico Tankers has reached an agreement with South Korean Hyundai Mipo Dockyard to postpone the delivery of its first newbuilding long range (LR1) vessel. Under the deal reached in February 2017, the company pushed the delivery of the 75,000 dwt ship from April 2017 to October 2017. d’Amico Tankers said that the agreement follows […]

  • AET Taking Over Remaining Stake in Paramount Tankers

    22 April 2016
    Business & Finance

    Singapore-headquartered petroleum logistics unit of MISC Berhad, AET, has agreed to purchase the remaining 50% of Paramount Tankers that it currently jointly owns under a 50/50 joint venture agreement with Golden Energy Tanker Holdings. Paramount Tankers is a JV which owns and operates six Aframax vessels. Commercial management is delivered by AET and technical management […]

  • 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. […]

  • d’Amico buys leased MR tanker

    8 February 2021
    Infrastructure, Vessels

    d’Amico Tankers D.A.C. (Ireland), part of Italian shipping company d’Amico International Shipping S.A. (DIS), has exercised its purchase option on the MT High Priority, a 46,847 dwt MR product tanker.

  • Maersk Tankers, Cargill to launch a joint bunker procurement service

    23 February 2021
    Business & Finance, Collaboration, Vessels

    Maersk Tankers and commodity trader Cargill have formed a partnership that will see the two companies combine their bunker volumes. The partnership will offer a new bunker procurement service to tramp shipping companies and trading houses. Initially, the goal is to procure bunker fuel for Cargill and Maersk Tankers’ combined fleet of over 900 vessels, […]

  • Scorpio Tankers Continues Newbuilding Spree

    3 July 2013
    Business & Finance

    Scorpio Tankers Inc. announced yesterday that it has reached agreements with two yards in Korea to construct a minimum of 5 and up to 10 newbuilding vessels designed for the carriage of liquefied petroleum gas (“LPG”). Also, the Company announced that it has taken delivery of its ninth Newbuilding MR product tanker, STI Le Rocher, […]

  • Arcadia Shipmanagement Disposes of Suezmax Tanker

    30 January 2017
    Business & Finance

    Greek shipping company Arcadia Shipmanagement has decided to sell Aegean Navigator, a Suezmax tanker, to Shipping Corporation of India (SCI), according to data provided by VesselsValue.  The 158,700 dwt vessel was sold for USD 31 million on January 27, 2017. Market value of the crude oil carrier currently stands at USD 28.25 million, VesselsValue’s data shows. […]

  • 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 […]

  • Oil tanker hijacked in the Somali waters

    30 March 2006

    Somali pirates have hijacked giant oil tanker near El Ade port in North Mogadishu. The tanker is reported to have recently unloaded diesel in the port.

  • Newbuild Crude Tankers Rise in Popularity

    20 June 2014

    Low shipbuilding prices and the North American energy boom are leading ship operators and investors to finance billions of dollars into building crude tankers, according to IMDO’s Weekly Market review. New drilling and extraction technology enabling the shale oil and gas boom has triggered plans for LNG projects, led Canada to boost crude exports and […]

  • Crew of Hijacked Indonesian Tanker Found

    27 October 2014

    Eleven crew members of the hijacked Indonesia-flagged product tanker Srikandi 515 have been found in lifeboats by Malaysian fishermen, according to Skala Times. The tanker loaded with 3,100 tonnes of palm oil was hijacked while transiting the Sampit shipping channel on October 9, the news site writes. Srikandi 515, owned by Lima Srikandi Jaya, departed Sampit, Kalimantan Tengah, on October […]

  • 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 […]

  • Robbers Board Tanker off Venezuela

    26 March 2019

    Three robbers armed with knives boarded a crude oil tanker off Venezuela. 

  • US: Iranian Tankers Are a Floating Liability

    9 November 2018

    Hook: Iranian tankers are now a floating liability.

  • Scorpio Tankers to Build Seven VLCCs

    4 December 2013
    Business & Finance

    Scorpio Tankers Inc. yesterday announced that it has entered into agreements for the construction of seven Very Large Crude Carriers (VLCCs) and entered into an agreement with an unaffiliated third party to issue shares in exchange for the transfer of ownership to the Company of four MR product tankers currently under construction in South Korea. […]

  • Hijacked Indonesian-Flagged Tanker Found

    1 December 2014

    The missing Indonesia-flagged tanker Srikandi 515 has been identified and located at approximately 9 nm off Narathiwat province, Thailand by the Royal Thai Navy and Thai Marine Police, anti-piracy watchdog ReCAAP reported in an update on November 27. Thai authorities also apprehended eight perpetrators onboard Srikandi 515, which was reportedly repainted and renamed from “Srikandi 515” to “Chong Li 2”. The palm […]

  • PGNiG starts tender process to charter LNG tankers

    4 November 2019
    Vessels

    Poland’s state-run gas firm PGNiG has reportedly started the tender process to charter liquefied natural gas (LNG) tankers for its new imports of the super-chilled fuel.

  • Long Range Tanker Market on Rebound

    11 November 2014

    There has been a significant change in fortunes for struggling long range (LR) tankers in recent months, according to UK-based shipbroker and consultant Gibson. The second quarter figures indicate a switch from the first half’s spot earnings of USD 11,000/day, in which both LR2 and LR1 earnings in the East averaged in October at the […]

  • Another coronavirus outbreak on board a tanker

    9 July 2020
    Human Capital, Vessels

    Seven crew members have tested positive for Covid-19 on board a tanker that arrived in Algeciras, Spain from Nigeria. Based on the available information, nine crew members took rapid Covid-19 tests which turned out to be positive for seven sailors. The Maltese-flagged Samus Swan oil and chemical tanker, owned by Danish Uni-Tankers, has been quarantined […]