10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Q-Ship takes delivery of fourth tanker

    26 January 2006

    The Qatar Shipping Co recently took delivery of MT Umlma, the fourth newly built tanker from the series of six 105,000 deadweight ton vessels being constructed by South Korea’s Hyundai Shipyard

  • Steady Sailing for Scorpio Tankers

    30 July 2014
    Business & Finance

    Scorpio Tankers Inc. had a net loss of $0.6 million, or $0.00 basic and diluted loss per share, according to the shipper’s first quarter results.   The company’s fleet expanded for 12 vessels, as it took delivery of four vessels (one LR2, two MR, and one ice-class 1A Handymax) in July 2014 and eight vessels […]

  • Q-Ship takes delivery of new tanker

    3 December 2005

    Doha: Qatar Shipping Company (Q-Ship) took delivery of MT Alhasbah, the second in a series of four 105,000 dwt aframax size crude oil tanker.

  • Scorpio Tankers in Talks with South Korea’s Shipyard for Construction of Five MR Product Tankers

    13 May 2011

    Scorpio Tankers Inc. announced yesterday that it has commenced a public offering of 5,500,000 shares of its common stock. The proceeds of the offering are expected to be used, after assessing any working capital and other general corporate expense needs, to pursue vessel acquisitions consistent with the Company’s acquisition strategy. In addition, the Company has […]

  • Singapore to End Port Dues Concession for Bunker Tankers

    11 October 2017
    Business & Finance

    A 50 percent port dues concession for MARPOL-compliant double hulled (MCDH) port limit bunker tankers will be withdrawn as of January 1, 2018, according to Maritime and Port Authority of Singapore (MPA). The concession was introduced in January 2012 with an aim to encourage the use of MCDH port limit bunker tankers in the Port of Singapore. Starting […]

  • ConocoPhillips’ low-emission tech picked for new LNG plant in Texas

    6 August 2025
    Business Developments & Projects, Technology

    Privately held energy infrastructure development company Coastal Bend LNG has selected technology developed by the U.S.-headquartered energy giant ConocoPhillips for its planned liquefied natural gas (LNG) plant on the Texas Gulf Coast.

  • GasLog Takes Delivery of LNG Tanker, Monaco

    25 July 2013
    Vessels

    GasLog Ltd. announced the delivery of the fully owned LNG carrier GasLog Skagen, from Samsung Heavy Industries. The vessel was delivered on budget and ahead of schedule. Immediately on delivery she commenced a medium-term charter to Methane Services Ltd. (BG Group). The vessel is a 155,000 cubic meter tri-fuel Diesel Electric LNG carrier that sets […]

  • Alpha Adriatic Sells Detained Tanker

    6 January 2020
    Business & Finance

    Alpha Adriatic has reached an agreement with an international banking syndicate to sell a detained tanker. 

  • Scorpio Tankers Sinks Deeper into Red

    16 November 2017
    Business & Finance

    Monaco-based tanker shipping company Scorpio Tankers posted a net loss of USD 36.9 million for the third quarter of this year, further widened when compared to the net loss of USD 27.1 million for the three months ended September 30, 2016.  For the nine months ended September 30, 2017, the net loss surged to USD […]

  • Stena’s New Tanker Digitally Named

    19 January 2018
    Business & Finance

    Tanker shipping company Stena Bulk has held a digital naming ceremony for Stena Immortal, a 50,000 dwt tanker. 

  • Scorpio Tankers Bags a Second-Hand

    28 July 2015
    Business & Finance

    NYSE-listed tanker operator Scorpio Tankers has entered into an agreement to purchase one 2014-built MR product tanker from an unrelated third party for around USD 37.1 million. The tanker was built at SPP Shipbuilding Co., Ltd. of South Korea, and is expected to be delivered to Scorpio Tankers in August 2015. The company currently owns 76 tankers with an average age […]

  • Navig8 Chemical Tankers Still in Loss

    1 February 2018
    Business & Finance

    Navig8 Chemical Tankers ended the fourth quarter of 2017 with a widened net loss.

  • Tanker Fire Under Control in Gadani

    16 July 2018

    A fire which broke out on board a tanker at a shipbreaking yard in Gadani has been put under control.

  • Scorpio Tankers Puts Deliveries to Work

    27 April 2015
    Business & Finance

    Monaco-based tanker specialist Scorpio Tankers has taken delivery of one LR2 and one MR product tanker newbuild. The STI Oxford is an LR2 product tanker delivered from Hyundai Samho Heavy Industries, which upon delivery began a voyage for 50 days at approximately USD 41,000 per day. The MR tanker STI Queens was delivered from South Korea’s SPP Shipbuilding and […]

  • Monjasa Acquires Bunker Tanker for English Channel Operation

    14 June 2018
    Business & Finance

    Monjasa acquires the 3,600 dwt tanker, MT Fredericia, for “continued bunker operation” in the English Channel.

  • MPC Capital Takes Stake in Tanker Specialist Albis

    11 November 2019
    Business & Finance

    Germany’s MPC Capital buys a strategic stake of 50 percent in compatriot tanker specialist Albis.

  • Tanker Hijacked by Migrants Reaches Malta

    28 March 2019

    A tanker which was hijacked by migrants in Libyan waters has arrived at a port in Malta.

  • Navig8 Receives 18th Chemical Tanker

    8 January 2016
    Business & Finance

    Oslo-listed chemical tanker owner and operator Navig8 Chemical Tankers has taken delivery of the eighteenth IMO2 Interline-coated 37,000 dwt chemical tanker from Hyundai Mipo Dockyard. The company said that the vessel will enter and start operations as part of the Navig8’s Delta8 Pool. The announcement comes only a month after the company decided to exercise an option to […]

  • Teekay Tankers in Share Buyback Move

    15 September 2017
    Business & Finance

    Bermuda-based shipping company Teekay Tankers has announced a share repurchase program for the buyback of up to USD 45 million of the company’s shares.  “During this period of weaker tanker rates, one of our key priorities remains strengthening our balance sheet by further reducing financial leverage and increasing liquidity,” Kevin Mackay, Teekay Tankers’ President and CEO, explained. […]

  • Awilco Takes Delivery of LNG Tanker WilPride

    3 December 2013
    Vessels

    Awilco LNG said that the “WilPride”, the company’s second 156,000 cbm Tri Fuel Diesel Electric powered newbuilding, was delivered from Daewoo Shipbuilding & Marine Engineering (DSME) of South Korea on 28 November. The vessel was delivered on budget and on time, Awilco LNG said in a statement. The vessel was subsequently sold to Teekay LNG […]

  • Scorpio Tankers Swaps Handymaxes for MRs

    24 August 2015
    Business & Finance

    Monaco-based Scorpio Tankers informed that it has amended its agreement with Hyundai Mipo Dockyard Co. Ltd. of South Korea (HMD) to construct MR and Handymax product tankers.  Under the amended deal, Scorpio has contracted for four MR product tankers to be built at HMD, replacing the previous order for two MR product tankers and two Handymax product tankers. […]

  • Teekay Tankers Ends Quarter in Loss

    3 November 2016
    Business & Finance

    Nasdaq-listed tanker shipping company Teekay Tankers, a part of Teekay Corporation, has concluded the third quarter of 2016 with a net loss, mainly impacted by lower spot tanker rates in the period. Namely, the company reported a net loss of USD 5.5 million for the quarter, compared to a net income of USD 40.9 million in the […]

  • Crystal Nordic Sold to Essberger Tankers

    2 January 2018
    Business & Finance

    John T. Essberger has inked a deal with Nordic Tankers and Embarcadero Maritime to acquire Crystal Nordic.

  • Pyxis Completes Refinancing of MR2 Tanker

    1 October 2018
    Business & Finance

    Pyxis Tankers completes the refinancing of a previous loan facility for one of its vessels, Pyxis Epsilon.

  • BIMCO: Strong Tanker Demand to Resume

    16 March 2015
    Business & Finance

    Demand for crude oil and oil product tankers is currently strong and both segments are enjoying an extended winter season with high earnings, according to BIMCO. Spot market earnings in January for VLCC and Suezmax reached USD 70,000 and USD 65,000 per day at the peak respectively. For the product tankers, Handysizes peaked at USD […]