10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Readers’ Picks of the Week ( 1st-5th Dec)

    7 December 2014
    Business & Finance

    Abandoned Vessel Found in Zakyntos Island The Hellenic Coast Guard has found an abandoned vessel loaded with cigarettes in Zakyntos island while conducting a regular patrol on Tuesday, December 2nd.…Read more Pieter Schelte Loses South Stream Gig The world’s largest crane vessel Pieter Schelte will have to change plans for the summer 2015, as the […]

  • Shipping Industry Will Need USD 1.4 Trillion over Next Decade

    6 October 2014
    Business & Finance

    Financing of the shipping industry is again on the agenda as new investments are needed to keep up with the upcoming fleet renovation drive and market growth. According to Clarksons data, the cost of financing the shipping industry over the decade from 2014 to 2023 could be around USD 1.4 trillion, a massive step up […]

  • Readers’ Picks of the Week (16th-20th March)

    22 March 2015
    Business & Finance

    Update: MSC Cruises’ Death Toll Rises to Twelve Twelve guests of MSC Cruises have been confirmed dead following the terrorist attack during a shore excursion at the port of La Goulette, Tunisia on Wednesday…. Read more Interview: Alfa Laval Scrubber Sales Forge Ahead Swedish engineering group Alfa Laval has seen a steady growth in the […]

  • USS John S McCain’s Sudden Turn Caused Collision with Alnic MC

    8 March 2018

    The collision between Alnic MC and USS John S McCain was caused by a sudden turn of the warship into the tanker’s path.

  • Keppel Shipyard Names Converted FPSO for Perenco

    26 July 2018
    Business & Finance

    Keppel Shipyard has christened an FPSO, converted from a crude oil tanker, for Perenco’s affiliate.

  • China’s Hudong starts building 2nd LNG bunkering vessel

    1 May 2020
    Infrastructure, Vessels

    China’s Hudong-Zhonghua Shipbuilding has started building the second liquefied natural gas bunkering vessel owned by Japan’s MOL and chartered by Total of France. MOL’s first LNG bunkering ship, the world’s largest such vessel, was delivered on Thursday. Both of the vessels will have a capacity of 18,600 cubic meters with a length of about 135 […]

  • ‘Historic first’ for Port of Savannah as Stena Provident completes methanol bunkering

    21 March 2024
    Business Developments & Projects, Green Marine, Infrastructure, Operations & Maintenance, Ports & Logistics, Vessels

    Port of Savannah witnessed its first-ever methanol bunkering completed by Proman Stena Bulk’s methanol-fueled tanker Stena Provident.

  • Peninsula starts biofuel bunkering in Port of Barcelona

    15 August 2024
    Business Developments & Projects, Green Marine, Operations & Maintenance, Vessels

    Peninsula put into service its IMO II chemical tanker Aalborg stationed in the Port of Barcelona to deliver biofuel to Hapag-Lloyd’s ship.

  • New Zealand: Lyttelton Port damaged by earthquake

    24 February 2011

    The 6.3 magnitude earthquake on Tuesday caused damage to infrastructure and facilities at Lyttelton Port, the port that serves Christchurch. No injuries were sustained at the port. The oil berth reportedly held up well, and if the pipework is fully serviceable, as expected, engineering staff reported that the berth should be operational by tomorrow. A […]

  • SMIT obtains terminal contract in Kuwait

    13 November 2007

    SMIT has been awarded a 4 year contract, with option to extend, by the Kuwait Oil Company (KSC) to provide assistance to tankers calling at their oil terminals in Kuwait. Whilst this is the first terminal assistance contract in Kuwait for SMIT, SMIT has a long track record of service provision in this area, especially […]

  • Two Large Ships Collide at Europa Point

    11 August 2007

    At around 6am this Sunday morning, two large ships collided off Europa Point. The cargo ship, laden with scrap metal has it’s bow embedded in the Reef commonly known as ‘La Seca’, which has prevented it from sinking. The tanker -freighting crude oil – has fortunately been taken to Algeciras.

  • TORM to sell two dry bulk newbuildings

    4 November 2010

    Denmark: Tanker and dry bulk shipper, TORM, has entered into an agreement to sell the two Kamsarmax dry bulk newbuildings, ‘TORM Karen’ and ‘TORM Kate’. Both vessels are planned to be delivered to TORM in the first quarter of 2011. The newbuildings have been sold for a total consideration of US$90 million with a total […]

  • ICS airs full support to IMO’s standards on ship construction

    3 June 2010

    The International Chamber of Shipping (ICS) has expressed full support on the maintenance and further development of high standards for ship construction. ICS welcomes the decision by governments at the IMO Maritime Safety Committee to adopt amendments to the SOLAS Convention implementing the new “Goal-based Standards” (GBS) for the construction of bulk carriers and oil […]

  • FRO – Acquisition of vessels and time charter contracts

    25 June 2008

    HAMILTON, BERMUDA–(MARKET WIRE)–Jun 25, 2008 — Frontline Ltd. (the “Company” or “Frontline”) (NYSE:FRO – News) is pleased to announce the acquisition of five double hull Suezmax tankers en bloc from Top Ships Inc. at a purchase price of $240 million. The vessels are built in the period 1992 to1996, and will be delivered in the […]

  • GE Shipping takes delivery of 1st Ice Class Vessel

    8 March 2005

    Great Eastern Shipping Company Ltd has on Wednesday announced that the company has taken delivery of its new building Suezmax tanker (Ice Class 1 B notation), named ‘Jag Lok’. The double hull vessel of about 159,000 dwt is built at Hyundai Samho Heavy Industries, S. Korea. The vessel was contracted in March 2003.

  • Ship-repair company to shut down Philadelphia operations

    10 May 2006

    A company that hoped to build environmentally friendly oil tankers is shutting down its Philadelphia operations after failing to find buyers for the vessel. Metro Machine Corp., based in Norfolk, Va., will be leaving open two dry docks at the old Philadelphia Naval Shipyard, at the foot of Broad Street, and the city is already […]

  • Furetank orders new LNG-fueled ship. Sells Fure Vinga vessel.

    3 April 2019
    Project & Tenders, Vessels

    Sweden-based Furetank has signed a contract for a 17,999 dwt dual-fuel product tanker at Avic Dingheng Shipbuilding.

  • Singapore: Navig8 Expands Supramax Bulker Pool

    24 September 2012
    Business & Finance

      The Supra 8 pool was set up in June this year, marking Navig8’s entry to the dry market with an initial fleet of four ships. These have been followed by another 11, including three vessels from Spar Shipping in Bergen, two from US-based Maritime Equity Partners and ships from STX Pan Ocean of South […]

  • Samsung Heavy Industries lands $260 million deal for LNG carrier

    10 October 2023
    Business & Finance, Business Developments & Projects, Green Marine, Vessels

    South Korean shipbuilding major Samsung Heavy Industries (SHI) has secured an order for the construction of a liquefied natural gas (LNG) carrier. The contract, which is valued at a staggering KRW 350.8 billion ($260 million), was awarded by an unnamed Asian shipowner. The vessel is expected to be completed and ready for delivery by the […]

  • Millionth barrel of oil from Prirazlomnoye field

    15 September 2014
    Business & Finance, Project & Tenders

    Gazprom Neft has reported that the millionth barrel of the new oil, ARCO (Arctic Oil), has been produced at the Prirazlomnoye deposit, in the Pechora Sea.

  • South Korea’s Big Three Return to The Scene

    10 May 2017

    South Korean big three shipbuilders, Hyundai Heavy Industries (HHI), Samsung Heavy Industries (SHI) and Daewoo Shipbuilding & Marine Engineering (DSME) have so far this year made a major comeback as owners rushed to avail of attractive VLCC prices.  Namely, John Fredriksen-controlled tanker shipping company Frontline has allegedly ordered two VLCCs from HHI which are scheduled for delivery […]

  • International Seaways Slips into Red

    30 March 2017
    Business & Finance

    US-based tanker shipping company International Seaways (INSW) suffered a full-year net loss of USD 18.2 million in 2016, compared to a net income of USD 173.2 million seen a year earlier.  Time charter equivalent (TCE) revenues for 2016 were USD 385 million, a decrease of USD 90.7 million compared to 2015. TCE revenues for the […]

  • 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 […]

  • 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 […]

  • First order for the new Wärtsilä RT-flex35 engines comes from China

    16 February 2010

    Wärtsilä, the marine industry’s leading ship power system integrator, has received the first order for its new Wärtsilä RT-flex35 two-stroke engine. The Wärtsilä licensee, Yichang Marine Diesel Engine Co. (YMD), manufacturing low-speed marine engines in China, has signed a contract with Ningbo Donghai Shipping Co. Ltd to deliver five Wärtsilä RT-flex35 engines for a series […]