10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Restructured Torm Eyes NYSE Listing, Winds Down Bulk Business

    11 November 2015
    Business & Finance

    Denmark-based TORM A/S, a shipping company that owns and operates product tankers, is looking at a new structure with a potential listing on the New York Stock Exchange and Nasdaq Copenhagen. The listing, if undertaken, is expected to be completed in 2016. The company completed the restructuring including the contribution of 31 vessels by OCM Njord Midco Ltd. on July […]

  • APSI Commitment for USD 65 Million Term Loan Expires

    20 January 2014
    Business & Finance

    Aker Philadelphia Shipyard ASA announced today that the commitment letter between its wholly owned U.S. subsidiary, Aker Philadelphia Shipyard, Inc. (APSI) and a group of private lenders that was announced on 14 November 2013 has expired. This commitment had been for a secured term loan of $65 million with a variable interest rate of LIBOR […]

  • Ardmore Sails to Profitable Full Year

    4 February 2015
    Business & Finance

    Cork-based ship owner and operator Ardmore Shipping has posted a third successive profitable quarter and its first profitable full year. The company reported EBITDA of USD 8 million for the three months ended December 31, 2014, an increase of USD 6.5 million from USD 1.5 million for the three months ended December 31, 2013. Ardmore’s […]

  • Greece: Tsakos Energy Navigation Declares Quarterly Dividend of USD 0.15 per share

    19 July 2011
    Vessels

    The Board of Directors of Tsakos Energy Navigation Limited  (or the “Company”) has declared a quarterly dividend of $0.15 per share of common stock outstanding. The record date is August 4, the payment date is August 10 and the shares will trade ex-dividend on August 2. D. John Stavropoulos stated, “We are pleased to continue […]

  • Resurgence of piracy highlights terror risk

    22 July 2005

    When 35 pirates carrying machine guns and rocket launchers boarded a tanker laden with methane in the Malacca Strait in March, it sent a shudder through the crew, and a ripple of fear from Tokyo to Washington.

  • Japan Receives LNG Cargo from Russia

    17 April 2011

    A Russian tanker carrying liquefied natural gas to help Japan cope with its electricity shortage after the March 11 earthquake and tsunami… (istockanalyst) [mappress] Source: istockanalyst, April 17, 2011;  

  • Alpha Orders LNG Carrier from STX (South Korea)

    28 September 2011
    Vessels

    Alpha Tankers & Freighters, a Greek shipowner, ordered a liquefied natural gas carrier at STX Offshore & Shipbuilding Co., shipping… (bloomberg businessweek) [mappress] Source: bloomberg businessweek, September 29, 2011

  • Capsized ship may close Rhine for another week

    19 January 2011

    The river Rhine in central Germany was closed to shipping for a sixth day on Wednesday by a capsized tanker loaded with sulphuric acid and could remain so for another week or more, the inland navigation authority said.

  • 2021 year in review: 10 most-read maritime stories

    3 January 2022
    Business Developments & Projects, Outlook & Strategy, Regulation & Policy, Vessels

    Check out the most read articles published by Offshore Energy – Green Marine in 2021.

  • Hunter Inks Deal to Sell One VLCC, in Talks for Shedding Another One

    17 June 2019

    The vessel would be sold for USD 98 million.

  • Nine AHTS Vessels to Feature Optimarin’s BWT Systems

    22 February 2016
    Business & Finance

    Norway-based ballast water treatment (BWT) firm Optimarin has received a contract to provide its ballast systems for nine anchor handling tug supply (AHTS) vessels being built at China’s Sinopacific Shipbuilding Group. The vessels, designed by Sinopacific’s Shanghai Design Associates specialist OSV team, will be operated by ESNAAD, a subsidiary of the Abu Dhabi National Oil Company (ADNOC). Featuring […]

  • Eisa Files for Bankruptcy

    16 December 2015
    Business & Finance

    Brazilian shipbuilder Estaleiro Ilha S.A. (Eisa) has filed for bankruptcy having struggled for months with order cancellations and industry downturn. The announcement comes one day after the shipyard closed its doors due to money shortage that saw the shipbuilder lay off 3,000 of employees. The bankruptcy proceedings include the business headquarters located in the Governador Island […]

  • Euronav Disposes of VLCC Famenne

    21 January 2016
    Business & Finance

    Belgium-based tanker operator Euronav NV has sold its wholly-owned 298,412 dwt very large crude carrier (VLCC) Famenne for USD 38.4 million to an undisclosed buyer. The 2001-built vessel, one of the company’s two oldest VLCC vessels, is expected to join its new owner in the course of the first quarter of 2016. Euronav expects that the sale will contribute a capital gain of […]

  • API Marine to Provide Control and Monitoring Equipment for Palmali Vessels

    20 September 2013
    Business & Finance

    API Marine has signed a new contract with TURKTER (YARDIMCI) Shipyard, for delivery of Integrated Cargo Control, Monitoring and Alarm System for a series of five oil/chemical tankers, on order by Palmali Group of Companies (Turkey). The new tankers represent a continuation of the “Armada” range of vessels, project RST22M with the overall deadweight capacity […]

  • Shell Faces USD 4 Bln Fine for Bonga Oil Leak

    27 November 2014
    Business & Finance

    An oil major, Shell, is facing a fine of USD 3.96 billion for the oil spill that happened in 2011 on Bonga oil field off the coast of Nigeria. Nigerian parliament recommended the fine based on National Oil Spill Detection and Response Agency (NOSDRA)’s report. The parliament cannot enforce its decision since it only has […]

  • Tornio Manga LNG terminal’s cornerstone laid

    1 September 2015

    Gasum informed that at the end of last month the cornerstone for Tornio Manga liquefied natural gas terminal has been laid at the Port of Röyttä, Finland.

  • VesselsValue: Chinese Owners Take the Lead in VLCC Market

    31 January 2018

    VesselsValue: Chinese companies dominate the ownership of very large crude carriers.

  • Ardmore Shipping Adds Second Newbuild

    1 July 2015
    Business & Finance

    Owner and operator of tankers Ardmore Shipping Corporation has taken delivery of its newbuild vessel, the Ardmore Seafox, from Korea’s SPP Shipbuilding Co., Ltd. The Ardmore Seafox is a 49,999 DWT IMO 3 product and chemical tanker, and her addition to the Ardmore fleet increases the number of Ardmore vessels on the water to twenty with […]

  • France’s Dunkirk LNG gets first 2019 cargo

    4 January 2019
    Ports & Logistics, Vessels

    France’s Dunkirk liquefied natural gas (LNG) import terminal has received its first cargo of the chilled fuel for the year of 2019. The cargo was delivered to the Dunkirk facility on Wednesday onboard Sovconflot’s 170,200-cbm LNG carrier SCF Melampus, according to Dunkerque LNG, the terminal operator. AIS data provided by VesselsValue shows that the LNG carrier had […]

  • LNG carrier attacked in Gulf of Guinea

    13 March 2017
    Vessels

    LNG carrier La Mancha Knutsen came under pirate attack in the Gulf of Guinea, off Nigeria’s Port Harcourt.

  • CMES takes full control over Singapore bunkering unit

    2 July 2020
    Business & Finance

    China Merchants Energy Shipping (CMES) has agreed to acquire 70% of equity interest in Singapore-based bunker trader China Merchants Energy Trading (CMET) from a sister company China Merchants Hoi Tung. The tanker and oil shipping giant said the move was aimed at ensuring a sustainable supply of fuel oil and other oil products to its […]

  • Methanol-fueled ship pioneer Marinvest has a new owner

    7 October 2021
    Business & Finance, Business Developments & Projects, Environment, Infrastructure, Outlook & Strategy, Transition, Vessels

    Clean Sea Transport has acquired 100% of the shares in Swedish shipping company Marinvest AB to promote clean fuels in the shipping sector.

  • Brazil: Evac Completes Wastewater System Onboard MT Joao Candido

    6 October 2011

    Evac’s complete wastewater system is onboard MT João Cândido, the first Suezmax tanker recently delivered by Atlantico Sul Shipyard (EAS) for Transpetro. Evac was selected for the first series of ten 160,0000 dwt Suezmax tankers and for the series of five 110,000 dwt Aframax tankers, also being built by Atlântico Sul Shipyard, the largest and […]

  • Singapore: Sembcorp Marine’s Jurong Shipyard Secures $268 Million FPSO Conversion Contract

    12 October 2010
    Business & Finance

    Jurong Shipyard (JSPL), a wholly-owned subsidiary of Sembcorp Marine, has secured an approximately S$351 million (Approximately $268 USD) contract to convert the Aframax tanker, the MT Arc II (ex MT Arc), to a Floating Production Storage and Offloading (FPSO) vessel, to be renamed FPSO Petrojarl Cidade de Itajai, for Teekay Petrojarl Production AS. The conversion […]

  • Gas and Heat delivers multi-truck to ship LNG bunkering tech

    5 June 2019
    Equipment

    Italian design and engineering company Gas and Heat has delivered the last of a series of four multi-truck to ship bunkering skids to a Canadian shipowner.