10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Norden Adds MR Product Tanker

    8 June 2017
    Business & Finance

    Danish shipping company Dampskibsselskabet Norden A/S (Norden) has purchased a 2009-built MR product tanker with a cargo capacity of 50,000 tonnes, taking advantage of low asset prices on the back of weakening tanker markets. The South Korean-built vessel is expected to be delivered in July 2017 and will be renamed Nord Pearl. The purchase marks Norden’s […]

  • Product Tanker Hijacked off Indonesia

    7 April 2015

    A product tanker was hijacked by a group of armed pirates while underway off Indonesia. Around 15-25 pirates armed with pistols boarded the tanker some 62nm North of Pulau Uwi, Indonesia, International Maritime Bureau’s (IMB) piracy reporting center informed. Once on board, the pirates took the crew hostage and robbed their belongings. The group fled […]

  • Infographic: Highest Valued Tanker Company

    25 August 2015

    In this week’s infographic we presents to you the Highest Valued Company operating in the tanker market. The company that tops the extensive list of tanker owners and operators is Monaco-based Scorpio Tankers, boasting a fleet worth USD 3.3 billion. Scorpio Tankers owns 78 tankers with an average age of 1 year, time charters-in 17 […]

  • 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 […]

  • Stream Tankers Back in Japan for More

    24 February 2014

    Stream Tankers AS has increased its orderbook to five advanced 19,900 dwt chemical tankers. The vessels will be built at Fukuoka Shipbuilding Co. Ltd. and Shitanoe Shipbuilding Co. Ltd. in Japan. Furthermore, Stream Tankers has options for an additional three vessels at the shipyards. The newbuildings are of the new Fukuoka/Shitanoe eco-design. Delivery of the vessels […]

  • 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 […]

  • US: Iranian Tankers Are a Floating Liability

    9 November 2018

    Hook: Iranian tankers are now a floating liability.

  • Robbers Board Tanker off Venezuela

    26 March 2019

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

  • Navig8 Product Tankers Expands Fleet

    15 January 2016
    Business & Finance

    Newly-established product tanker company Navig8 Product Tankers Inc has taken delivery of an LR1 74,000 dwt product tanker, the Navig8 Expedite, from the South Korean shipbuilder STX Offshore & Shipbuilding Co, Ltd. The vessel will be entered into and operated in the LR8 commercial pool operated by the Navig8 Group. As World Maritime News reported, Navig8 Product Tankers has […]

  • Interactive Image: Chemical Tanker Parts

    8 June 2015

    How well do you know parts of a chemical tanker? With today’s interactive image we would like to test your knowledge and give out some details that might prove interesting to know. World Maritime News Staff

  • Top Ships Sells Tanker Pair

    13 January 2015
    Business & Finance

    Nasdaq-listed tanker owner and operator Top Ships Inc. has sold and leased back two of its MR2 tankers, the M/T StenaWeco Energy and the M/T StenaWeco Evolution. The 2014-built, 49,737 dwt StenaWeco Energy and the 50,000 dwt newbuilding StenaWeco Evolution are expected to change hands in the first quarter of 2015. Following the sales, Top Ships will […]

  • TCC Group Takes Delivery of Tanker Newbuilding Duo

    18 January 2017
    Business & Finance

    Hong Kong-based shipowner Tai Chong Cheang Steamship Group (TCC Group) has taken delivery of two Aframax tanker newbuildings from the Namura Shipyard in Japan. The two 114,700 DWT tankers, the KWK Excelsus  and the CSK Vanguard, were delivered to the owner in the second half of 2016. Both vessels are time chartered out to BP. The […]

  • Indonesia: Pertamina to Buy 15 Tankers

    24 January 2012

      Pertamina, State Oil and Gas Company, unveils a plan to purchase 15 tanker vessels until 2014 to help it distribute refined fuel and LNG across Indonesia. As Pertamina spokesman Mochamad Harun said to Jakarta Globe, the company would buy the tankers at a total estimated price of $370 million in the next two years. […]

  • 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 […]

  • Update: Bombed Tanker Headed to Greece

    7 January 2015

    A Greek-owned tanker that was bombed by a Libyan military fighter plane January 4 while moored in the Port of Derna, is currently on its way to Greece, carrying the bodies of two crew members who died in the attack, IHS Maritime 360 reports. A 29-year-old Greek and a Romanian crew member were killed, and two more were […]

  • Tanker Industry Faces Tumultuous Tides

    19 July 2012

      Tanker industry is facing tumultuous tides as the oil traders are backing out of the market, causing reduction of chartering demand and thus inflicting considerable losses. As reported by Bloomberg, the biggest oil-tankers are experiencing 17-month low due to Chinese economic setback for a sixth quarter that curbed the country’s oil demand. The slowdown […]

  • Thai Tanker Hijacked off Malaysia

    31 August 2014

    An armed pirate gang hijacked a Thai tanker off Malaysia’s east coast and siphoned its cargo of oil on Thursday, August 28, the Regional Cooperation Agreement on Combating Piracy and Armed Robbery (ReCAAP) said on Friday. According to ReCAAP, the group, comprised of six armed pirates, approached the unnamed tanker in a speedboat at approximately […]

  • 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 […]

  • BMZ Snaps Up Tanker Pair

    15 September 2015
    Business & Finance

    BMZ Group, a company owned by Turkish President Recep Tayyip Erdoğan’s son Bilal alongside other family members, has added two product tankers to its fleet of five, local media informed. The two ships, Armada Fair and Türkter 82, are said to be worth a total of USD 36 million and have been chartered to Istanbul-based Palmali […]

  • DMER: Positive Earnings Outlook for Tankers

    5 June 2015
    Business & Finance

    The tanker market dynamics in the short to medium term are skewed in favour of market players as oil prices are expected to stay low and oil producers are not expected to cut supply in a hurry in a bid to protect their market share, Drewry Maritime Equity Research Assessment (DMER) believes. “We see a […]

  • Rotterdam Port to Offer Discount for Tankers

    19 December 2018
    Business & Finance

    Port of Rotterdam is to widen and facilitate the Green Award discount for sea-going shipping as of 2019.

  • OSG to Take Full Ownership of Alaska Tanker Company

    27 December 2019
    Business & Finance

    OSG pens deals to purchase crude oil carrier vessels operated by Alaska Tanker Company.

  • GTT tanks ordered for Celsius Tankers LNG newbuilds

    27 September 2018
    Vessels

    French LNG containment specialist, GTT received an order from the Korean shipyard Samsung Heavy Industries (SHI) to design tanks for two liquefied natural carriers.

  • 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 […]

  • TEN Rides the Tanker Recovery Wave

    27 November 2018
    Business & Finance

    TEN has secured an 18-month long charter with profit sharing provisions for a Suezmax with an oil concern.