10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Stena Bulk Seeks Help from Govt Leaders in Freeing Seafarers

    15 August 2019
    Business & Finance

    The company asked for help in freeing the Stena Impero seafarers from India, Russia, Latvia and the Philippines.

  • Stena Bulk Extends Four Charter Deals with Top Ships

    4 January 2018
    Business & Finance

    Stena Bulk has extended four time charter agreements with Top Ships.

  • India: G E Shipping Sells General Purpose Product Carrier ‘Jag Pari’

    4 October 2011
    Business & Finance

    The Great Eastern Shipping Co Ltd. (G E Shipping) has signed a contract to sell “Jag Pari”, a General Purpose product carrier. The 1982 built vessel of about 29,100 dwt will be delivered to the buyers in Q3 FY2012. The Company’s current fleet stands at 36 vessels, comprising of 26 tankers (9 crude carriers, 16 […]

  • Spotted: Sakigake Blazes Path into LNG Territory

    15 September 2015
    Business & Finance

    Japanese shipping and logistics company NYK recently took delivery of the country’s first LNG-fueled tugboat named Sakigake, roughly translated as the pathfinder or the one that is the first to charge. Sakigake has been chartered to Wing Maritime Service Corporation from NYK, and will be operated mainly at the ports of Yokohama and Kawasaki. This vessel […]

  • VIDEO: Take a Tour of Besiktas Shipyard

    1 September 2015
    Business & Finance

    Maintenance is a key aspect of keeping ships in service and improving their durability and life expectancy. Since all ships have to undergo maintenance at a certain stage of their service the crucial thing for owners is to ensure that maintenance operations are executed in a fashion where they don’t cause down time or off hire. In […]

  • Russia: Krasnoye Sormovo Shipyard Delivers Product Carrier V.F.Tanker-8

    17 October 2012

    Krasnoye Sormovo Shipyard delivered, Oct 12th, product carrier named V.F.Tanker-8 (hull No 02008), the eighth out of ten tankers of project RST27, to a Russian company Volga-Balt-Tanker LLC. Project RST27 was designed by Marine Engineering Bureau. These vessels of project RST27 satisfy dimensions of the Volga-Don Canal and Volga-Baltic Way. Overall RST27 project vessel’s length is […]

  • Secondhand Aframax Joins G E Shipping’s Fleet

    18 January 2017
    Business & Finance

    Mumbai-based Great Eastern Shipping (G E Shipping) has taken delivery of a secondhand Aframax crude carrier from an unnamed party. The company had inked a contract to buy the 2011-built vessel in November 2016. The only ship that fits the description is the Phoenix Beacon, sold to G E Shipping in November 2016, according to data […]

  • Latvian Shipping Company Sinks Deeper on Fleet Value Decline

    24 February 2017
    Business & Finance

    Nasdaq Riga-listed tanker owner and operator Latvian Shipping Company (LSC) realised a net loss of USD 25.18 million in 2016, compared to USD 7.22 million net loss reported in 2015, attributed to ”the steady erosion in the value of the LSC’s fleet throughout the last year.” The value of the company’s fleet declined by 24.13 million […]

  • Bahri in Clover

    23 October 2015
    Business & Finance

    The National Shipping Company of Saudi Arabia (Bahri) saw its net income rise to SAR 510.3 million (USD 136 million) in the third quarter of 2015 from SAR 84.8 million reported in the same period last year. The company’s gross profit reached SAR 611.2 million, a major increase when compared to the corresponding period from […]

  • TSB: Poor Maintenance, Voyage Planning Led to Arca 1 Grounding

    20 March 2018
    Business & Finance

    Poor maintenance and voyage planning led to Arca 1 grounding in January 2017 near Sydney, Nova Scotia.

  • Singapore: Marco Polo Marine and MTHPL Form Joint Venture Company

    24 April 2012

    Marco Polo Marine Ltd, a growing integrated marine logistic group with operations exposed to the oil and gas and energy sectors in the region and beyond, has entered into a joint venture agreement with Marine Tankers Holdings Pte. Ltd. (MTHPL) to forge a joint venture company of equal shareholdings in Singapore (the JV Co). The […]

  • Euronav fixes $95M in green financing

    12 April 2021
    Business & Finance

    Belgian tanker owner Euronav NV has signed an €80 million ($95 million) sustainability-linked financing deal, the company revealed. The move brings the share of facilities with an integrated sustainability component in the company’s total to 31.5%. The unsecured revolving credit facility has been concluded with KBC, ABN Amro, Belfius, ING, Societé Generale, BNP Paribas and SEB, […]

  • Euronav: VLCC and Suezmax Rates Recovering

    24 July 2014
    Business & Finance

    Suezmax rates have reached their highest level since January 2014, said Paddy Rodgers, CEO at Euronav, Belgium-based tanker owner and operator, adding that crude oil tanker rates should remain strong in the coming months due to positive seasonal demand factors and improving underlying supply/demand fundamentals.   “The second quarter was dominated with one of the […]

  • Frontline Buys Two VLCC Resales

    28 February 2017
    Business & Finance

    John Fredriksen-controlled tanker owner and operator Frontline has reached an agreement to buy two very large crude carrier (VLCC) resales from South Korean Daewoo Shipbuilding & Marine Engineering (DSME). Purchased at a price of USD 77.5 million a piece, the new 300,000 dwt VLCCs are scheduled for delivery in September and October 2017. The company […]

  • Aker Philadelphia to Construct Two Containerships for Matson

    7 November 2013
    Business & Finance

    Aker Philadelphia Shipyard ASA announces that its wholly-owned U.S. subsidiary, Aker Philadelphia Shipyard, Inc. (APSI), has been selected by Matson Navigation Company (Matson) to construct two 3,600 TEU containerships. Firm contracts are in place for the two vessels with a total value of $418 million. The vessels will be delivered in Q3 and Q4 2018 […]

  • BP Pays Record Panama Toll

    5 September 2006

    BP Shipping paid a record $220,300 for express transit of an oil tanker through the Panama Canal. The canal, which links the Pacific and the Atlantic oceans, is facing a backlog following maintenance work. The previous record of $200 th. was set by a container ship sailing to the Atlantic last week.

  • Desgagnés christens LNG-fueled duo

    21 June 2019
    Vessels

    Quebec City-headquartered shipper Desgagnés christened and inaugurated its two polar class duel fuel/LNG petroleum/chemical tankers, the Paul A. Desgagnés and the Rossi A. Desgagnés.

  • Titan LNG’s FlexFueler bunkers DEME’s LNG-powered dredger

    15 August 2019
    Vessels

    The service supplier of liquefied natural gas Titan LNG completed the bunkering of DEME’s LNG-powered dredger. 

  • TEN Reaps the Rewards on Offer in Crude Market

    26 May 2015
    Business & Finance

    New York-listed shipping company Tsakos Energy Navigation Limited (TEN) reported higher net income for the first quarter ended March 31, 2015, posting USD 37.3 million net profit compared to USD 14.6 million in the first quarter of 2014, a year-on-year increase of 156%. Basic and diluted earnings per share were USD 0.42 for the first quarter […]

  • Port of Bilbao Conducts First Ship-to-Ship LNG Bunkering

    16 February 2018
    Business & Finance

    Spanish Port of Bilbao witnessed its first ship-to-ship LNG bunkering operation in February 2018.

  • Titan LNG bunkers Fure West at North Sea Port

    17 October 2018
    Vessels

    Titan LNG, the service supplier of liquefied natural gas, completed the first sea-going vessel LNG bunkering operation in the North Sea Port. 

  • Aker Solutions to Equip Two Brazilian FPSOs with Offloading Systems

    26 May 2011
    Business & Finance

    Aker Solutions has won two similar contracts, together worth approx. 120 million NOK(USD 21.6 mln), from CQG Oil & Gas Contractors Inc. and CCI Oil & Gas Contractors Inc., for the supply of Pusnes offloading systems(TM) to two FPSOs in the Brazilian market. The offloading systems will be installed on the two FPSOs P-58 and […]

  • Maran Gas orders LNG duo from DSME

    9 June 2016
    Project & Tenders, Vessels

    South Korea’s Daewoo Shipbuilding & Marine Engineering Co. (DSME) has won an order from Maran Gas Maritime, a unit of Greece’s Angelicoussis Shipping Group, to build two LNG tankers.

  • New focus on dredgers, offshore support and passenger vessels to boost Sri Lanka’s Colombo Dockyard income

    26 November 2009
    Business & Finance, Vessels

    The International Convention for the Safety of Life at Sea (SOLAS) rules are being implemented and single hulled tankers have been phased out. This would result in a large fleet of vessels going out of service by the year 2010-12… Source: Daily News, November 27, 2009;

  • Methanol-powered Stena Promise delivered

    2 November 2022
    Business & Finance, Business Developments & Projects, Green Marine, Transition, Vessels

    Guangzhou Shipyard International Co Ltd (GSI) has delivered the third IMOIIMeMAX dual-fuel MR tanker powered by methanol, Stena Promise, to Proman Stena Bulk, a joint venture (JV) between methanol producer Proman and Stena Bulk. The shipbuilder delivered the first one, Stena Pro Patria, to its owner in June 2022, followed by the delivery of Stena Pro […]