10000 results found for 'tanker'

10000 results found for 'tanker'
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  • 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 […]

  • 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.

  • 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 […]

  • China: SF Shipyard Books Order for Four Bulk Carriers

    16 April 2012

    Recently, Taizhou Sanfu shipyard received a new order for building four 51.000 DWT Bulk Carriers, which should be delivered between the end of 2013 and the beginning of 2014 as per the contract. The newly-received order is placed by a Chinese ship owner with Sanfu shipyard. These serial vessels to be built are mainly for […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 14 October 2011
    Business & Finance

      Diamond S Shipping announced today that it has completed the acquisition of 30 medium-range product tankers and related charters from Cido Shipping of Hong Kong. The product tankers, built between 2007 and 2010, are under long-term charters with a number of global shipping companies, including A.P. Moeller, d’Amico, Hyundai Merchant Marine, Overseas Shipholding Group […]

  • 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 […]

  • Sundowner bunkers LNG in port of Zeebrugge

    2 June 2016
    Vessels

    Rotterdam-based Chemgas Shipping’s new dual fuel coastal LPG-tanker Sundowner called Euroservices Terminal located at the outer port of Zeebrugge in Belgium for purging operations and LNG-bunkering on Tuesday.

  • Russia’s Novatek inks Kamchatka LNG hub deal

    11 September 2018

    Russia’s largest independent natural gas producer and Yamal LNG operator, Novatek said on Monday it signed a deal for its planned liquefied natural gas transshipment terminal on Kamchatka Peninsula in the Russian Far East. Novate signed an agreement of intent with the Ministry of the Russian Federation for the Development of the Far East and the […]

  • Shell diverts U.S. LNG cargo to Dubai after Qatar diplomatic row

    8 June 2017
    Vessels

    Royal Dutch Shell has sent a replacement cargo of liquefied natural gas (LNG) from the United States to Dubai, shipping data shows, after a diplomatic row disrupted typical trade routes from Qatar.

  • China: Repaired MT Sanko Blossom Leaves CIC Changxing Shipyard

    9 May 2012

      Recently CIC Changxing shipyard successfully managed to complete the emergency repair of MT Sanko Blossom. MT Sanko Blossom is a tanker vessel registered in Panama. Due to its damages, the vessel had the high requirements of repair works, technology and repair period. The Production Department was instructed to work around clock on the project. […]

  • Favourable Ruling for Algoma on Its Shipbuilding Dispute

    1 May 2013

    Algoma Central Corporation (Algoma) announced on April 30 that the London, UK Arbitration Tribunal hearing a shipbuilding contract dispute involving Algoma Tankers International Inc., a wholly owned subsidiary of Algoma Central Corporation, has found in favour of Algoma.  “We are extremely pleased that the Tribunal agreed with the merits of our claim“, said Greg Wight, […]

  • Pirates Free Kidnapped Turkish Crew

    27 April 2016

    Six Turkish crew members of Malta-flagged tanker MT Puli who were kidnapped by pirates over two weeks ago while sailing off Port Harcourt, Nigeria have been released. “The six of them have been released and are back in Istanbul. All are in good health,“ Fehmi Ulgener, a lawyer for the shipping firm Kaptanoglu Denizcilik is quoted as saying […]

  • FSL Trust Pens Pool Deal with Heidmar for LR2 Pair

    2 August 2018
    Business & Finance

    FSL Trust Management enters a pool agreement for two LR2 vessels with Heidmar.

  • Union Maritime to Pay for Scrubber through Its Cost Savings

    29 September 2016
    Business & Finance

    UK’s ship owner and operator Union Maritime (UML) has secured a deal with Pacific Green Technologies Marine (PGTM) to pay for an emissions control system through the cost savings it delivers. The arrangement involves PGTM fitting the ENVI-MarineTM emissions control system (scrubber), worth USD 1.9 million, free of charge to Union Maritime’s 13,000 dwt chemical tanker Westminster […]

  • NAO Takes Delivery of the 6th PSV

    15 January 2014

    Nordic American Offshore Ltd. (NAO) has taken delivery of all six PSV vessels from the Ulstein Group of Norway. The company recently agreed to acquire six platform supply vessels from Blue Ship Invest (BSI). The vessels are of the PX121 type, and were designed and constructed by ULSTEIN in 2012-13. NAO has its source from […]

  • Rising Demand for WTS Inert Gas Systems on Japanese Market

    23 July 2014
    Business & Finance

    Wilhelmsen Technical Solutions has secured multiple orders to supply its Maritime Protection Dry Inert Gas Generator (DIGG) systems for installation on LNG carriers under construction at Japan Marine United’s Tsu shipyard.   Two DIGG units will be installed on two gas carriers under construction for Japanese owners Tokyo LNG Tanker Co., Ltd./Mitsui O.S.K. Lines Ltd […]

  • Reederei Nord books 2+2 feeders at CSSC Huangpu Wenchong Shipbuilding

    28 April 2023
    Business Developments & Projects, Green Marine, Vessels

    Hamburg-based shipping company Reederei Nord Group has signed a contract with CSSC Huangpu Wenchong Shipbuilding Co., Ltd., a subsidiary of China Shipbuilding Corporation, and China State Shipbuilding Industry Trading Corporation for the construction of 2+2 1,900TEU container ships. The project involves the development and design of a 1,900TEU container ship of the “Honghu” series by […]

  • Japan Marine United Clinches Orders for Three VLCCs

    22 August 2016
    Business & Finance

    Tokyo-headquartered shipbuilder Japan Marine United Corporation (JMU) has received orders for three Very Large Crude Carriers (VLCCs) from two buyers, according to data released by VesselsValue. Namely, Japanese shipping company JX Ocean placed an order for two VLCCs, while its compatriot shipowner Kyoei Tanker ordered one VLCC. Featuring 300,000 dwt, all three ships are scheduled to […]

  • MT Barrett and Its 22 Crew Rescued from Pirates

    18 January 2018
    Business & Finance

    MT Barrett and its 22 crew members have been released from captivity after a six-day ordeal.

  • DSME to build FSRU for Maran Gas

    19 December 2016
    Project & Tenders, Vessels

    South Korea’s Daewoo Shipbuilding & Marine Engineering has secured an order to build a floating storage and regasification unit (FSRU) for Maran Gas Maritime, a unit of Greece’s Angelicoussis Shipping Group. Under the deal signed on Friday, DSME is to build a 173,400-cbm FSRU for Maran Gas. The contract includes an option for two additional liquefied natural gas […]

  • Unions Embark On “Save Australian Shipping” Campaign

    6 September 2017

    The Australian Council of Trade Unions (ACTU) and the Maritime Union of Australia (MUA) have launched a campaign aimed at “saving Australian shipping.” The campaign was triggered by the dwindling number of Aussie crews on Australian-flagged vessels and tankers in general. “Under the Abbott/Turnbull Government’s watch, we now have zero Australian–crewed tankers and the number of […]

  • Port of Gothenburg hosts Swedish-produced biomethane bunkering pilot

    15 May 2025
    Business Developments & Projects, Green Marine, Infrastructure, Operations & Maintenance, Ports & Logistics, Vessels

    Swedish Port of Gothenburg has hosted bunkering of domestically produced liquefied biomethane to a tanker as it strives to become Scandinavia’s primary alternative fuels bunkering hub.