10000 results found for 'tanker'

10000 results found for 'tanker'
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  • TEN Secures 40-Month Charter for VLCC Ulysses

    15 June 2016
    Business & Finance

    Greek tanker owner and operator Tsakos Energy Navigation (TEN) has entered into a 40-month charter contract with Far Eastern for its recently delivered VLCC Ulysses with gross revenues expected in the range of USD 50 million. The charter is scheduled to commence in early July upon expiration of the vessel’s maiden spot employment, TEN said. […]

  • Readers’ Picks of the Week (April 18 – 22, 2016)

    24 April 2016
    Business & Finance

    China’s Biggest LNG Carrier Hits the Water China’s biggest liquefied natural gas (LNG) carrier, which features a length of 290 meters, was launched at the Hudong-Zhonghua Shipbuilding, Shanghai, on April 15… Read More Update: The New Carrier Alliance Is Here Container shipping majors CMA CGM, COSCO Container Lines, Evergreen Line and Orient Overseas Container Line […]

  • Readers’ Picks of the Week (8-12 of June)

    14 June 2015
    Business & Finance

    First Ocean Plastic Garbage Collector to Be Deployed in 2016 The world’s first system to passively clean up plastic pollution from the world’s oceans is to be deployed in 2016, Boyan Slat, 20-year old founder and CEO of The Ocean Cleanup announced at … Read more Interview with MOAS: We Need Funding for Life-Saving Drones […]

  • US Sanctions COSCO Companies over Iran Trade

    26 September 2019
    Business & Finance, Rules & Regulation

    The U.S. sanctioned two COSCO subsidiaries in the latest move to curb the flow of Iranian crude.

  • DHT Reports Profit in First Quarter

    9 May 2019
    Business & Finance

    DHT Holdings returned to profitability in the first quarter of this year.

  • ITF: Stolt Kikyo Crew Receive Australian Coastal Premiums

    8 October 2015
    Business & Finance

    Norwegian shipping company Stolt-Nielsen has settled the coastal trading payments owed to the Chinese crew of the Stolt Kikyo tanker for the time the vessel spent in Australian waters, the International Transport Workers’ Federation (ITF) reports. Back in July, the ITF investigators boarded the Liberian-flagged Stolt Kikyo, jointly owned by Nippon Yusen Kaisha (NYK) and Stolt-Nielsen, while the tanker was berthed at […]

  • STNG in for Seven More VLCCs

    4 December 2013

    Scorpio Tankers Inc. has entered into agreements with Daewoo Shipbuilding and Marine Engineering Co., Ltd and Hyundai Samho Heavy Industries for the construction of seven (very large crude carriers) VLCCs for an aggregate price of approximately $652.5 million. One vessel is scheduled for delivery in the third quarter of 2015, two in the fourth quarter of […]

  • December 8 set for Novatek’s Yamal LNG launch?

    27 November 2017
    Ports & Logistics

    Russia’s largest independent gas producer, Novatek, has set December 8 as a provisional date for the start-up of its Yamal LNG project in the Russian Arctic.

  • Top news of the week October 14-19

    20 October 2019

    Petronas completes third STS LNG transfer in Brunei Bay Malaysian energy giant Petronas has completed its third delivery of liquefied natural gas (LNG) cargo through its break-bulking ship-to-ship (STS) transfer to two buyers. Chevron kicks off Gorgon LNG plant maintenance US-based energy major Chevron has started maintenance at its Gorgon LNG project on Barrow Island […]

  • Sovcomflot reports 2019 profit

    13 March 2020

    Russia’s largest shipping company Sovcomflot swung to a profit in 2019, close to its historic highs. 

  • Teekay LNG Offers 4,6 Million Common Shares, Bermuda

    5 September 2012

    Teekay LNG Partners announced that it plans to offer 4,600,000 common units, which represent limited partner interests, in a public offering. Teekay LNG expects to grant the underwriters a 30-day option to purchase up to an additional 690,000 common units. The Partnership intends to use the net offering proceeds for general Partnership purposes, which may […]

  • Alpha Gas orders LNG duo at Daewoo

    29 March 2018
    Project & Tenders, Vessels

    Greek shipowner Alpha Gas has ordered a pair of 173,400-cbm liquefied natural gas (LNG) carriers from South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering. The order for both LNG tankers is worth some $370 million, according to a Daewoo statement. The ships, which will be built at DSME’s Okpo shipyard in Geoje, are scheduled for […]

  • Greece tops fleet value chart as LNG orders fly in

    6 February 2019
    Vessels

    Growth in liquefied natural gas tanker orders from the Greek shipowners has put the country top of the list in terms of fleet value that has topped $100 billion in 2018. 

  • Venezuela: Three Ships Detained for Suspected Fuel Smuggling

    14 September 2015

    Venezuelan navy has seized three vessels suspected of being involved in smuggling of diesel from the country’s Paraguana peninsula, Reuters reports. Oil taker Negra Hipolita, owned by Petróleos de Venezuela, S.A., the Venezuelan state-owned oil and natural gas company, was found to be loaded with an excess load of 50,000 barrels of diesel fuel at the Cardon refinery, Admiral Andres […]

  • Eesti Gas to bring 10 LNG cargoes to Klaipeda and Inkoo terminals

    6 February 2023

    Estonian energy company Eesti Gaas has made agreements with two large LNG terminals in the Finnish-Baltic region to bring a total of ten LNG cargoes by the fall of this year. Under the agreements, Eesti gas will bring three deliveries to the port of Klaipeda in Lithuania in the winter and seven to the port […]

  • Hyundai Mipo Dockyard wins deal for product carrier pair

    19 May 2023
    Green Marine, Vessels

    South Korean shipbuilder Hyundai Mipo Dockyard Co. has secured a lucrative order worth 117.3 billion won ($87.6 million) to construct two product carriers for an unnamed African shipper. According to a regulatory filing from today, Hyundai Mipo Dockyard will construct these petrochemical product-carrying vessels at its renowned shipyard located in the port of Ulsan. This […]

  • Avin International orders ammonia-ready suezmax

    19 January 2021
    Certification & Classification, Environment, Innovation, Regulation & Policy, Transition, Vessels

    Greek shipowner Avin International LTD has ordered a Suezmax tanker from the Chinese shipbuilder New Times Shipbuilding Co., and the tanker is set to become the first ammonia-fuel ready vessel in the world.  The landmark 274-meter-long vessel is now under construction and the company has options for two further vessels. Currently conventionally fueled, the vessel […]

  • Ind-Ra: Outlook for Shipping Sector Remains Negative-to-Stable in FY16

    4 August 2015

    India Ratings and Research (Ind-Ra) has maintained a negative-to-stable outlook for the shipping sector for the Fiscal Year 2016, saying that the performance of dry bulk and container operators will continue to be affected by weak global trade growth and persistent overcapacity. The agency, however, believes that the tanker segment, which accounts for a majority of the […]

  • Moody’s: SCF’s Rating Up Despite Negative Outlook

    10 June 2016
    Business & Finance

    Russian maritime shipping company Sovcomflot PAO (SCF) has seen its corporate family rating (CFR) upgraded to Ba1 from Ba2 and probability of default rating (PDR) to Ba1-PD from Ba2-PD, according to Moody’s rating agency. Additionally, Moody’s upgraded to Ba2 from Ba3 SCF’s senior unsecured issuer rating and the senior unsecured rating of the USD 800 million […]

  • Odfjell Posts Best Quarterly Performance since 2008

    27 August 2015
    Business & Finance

    Norwegian shipping and tank terminal company Odfjell said that it has posted the best quarterly operational performance in the second quarter of 2015 since the third quarter of 2008, with a net result of USD 7 million. “During second quarter we have seen a steady improvement of the chemical tanker market in general with improved […]

  • ABS gives green light to 3D printed parts in marine industry

    24 November 2021
    Business Developments & Projects, Certification & Classification, Regulation & Policy, Technology, Vessels

    The consortium of ABS, Sembcorp Marine, 3D Metalforge and ConocoPhillips Polar Tankers has completed the joint project of installing additive manufactured spare parts on board the oil tanker Polar Endeavour.

  • Port of Antwerp Bunkers First LNG-Fueled Seagoing Ship

    15 September 2015
    Business & Finance

    The 2,700 cbm coastal tanker Sefarina on Monday became the first seagoing ship to be bunkered with liquefied natural gas (LNG) in the port of Antwerp, Belgium. LNG bunkering has been possible in Antwerp for some time, but so far it has been used only for barges, with the LNG being supplied by trucks. The recent […]

  • Freight market dips, but shipping firms buoyant

    25 April 2005

    Trends continue to sweep the international shipping freight market, especially in the tanker segment. And with the Paris-based International Energy Agency (IEA) making a downward revision in demand forecast for the first time in many months, the shipping industry does not anticipate the freight market to gain any significant momentum in the weeks ahead.

  • Arms more present in piracy waters

    27 January 2011

    Although a vast majority still believes that arming civilian seafarers is a bad idea, acceptance has increased for armed security personnel on ships transiting pirate infested waters. Stena Bulk is one of the owners that recently has announced its decision to provide armed guards after having had incidents involving two company tankers.

  • Greenpeace blockades palm oil ship in Indonesia

    16 November 2007

    Greenpeace blockaded an Indonesian tanker carrying palm oil for export on Friday as it tried to leave port on Sumatra for a second day, an activist said. “What we’ve done is we’ve anchored off the ship which is at berth and there’s not enough room for it to be able to leave its berth,’ said […]