10000 results found for 'tanker'

10000 results found for 'tanker'
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  • d’Amico Adds Three Product Tankers

    24 October 2016
    Business & Finance

    Tanker shipping company d’Amico International Shipping has added a 39,000 dwt handysize vessel and two 50,000 dwt medium range ships, built at the Vietnamese shipyard Hyundai Vinashin Shipyard, to its fleet. The total investment for the three new eco-ships, namely Cielo di Salerno, High Wind and High Challenge, amounted to USD 104 million, according to the company. With the […]

  • Aker-Crowley Tanker JV Gets Financial Boost

    12 March 2015
    Business & Finance

    Aker Philadelphia Shipyard (AKPS) and the US shipping company Crowley Maritime Corp have secured a USD 325 loan facility for their joint venture related to the operation and chartering of at least four product tankers, the Oslo-listed shipbuilder said in an announcement. The joint venture has received a firm and fully underwritten commitment from a group of banks and […]

  • Asahi Tanker joins Maritime Battery Forum

    15 August 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy, Transition

    Japanese shipping company Asahi Tanker has become the newest member of the Maritime Battery Forum (MBF ), a global community of maritime battery enablers.

  • Ridgebury Mulling Tanker Fleet Sale

    20 November 2015
    Business & Finance

    Oslo-listed Ridgebury Holdings is looking into selling some or all of its tankers, including the ones owned by Ridgebury Crude Tankers, and keep only the four very large crude carriers (VLCCs) bought by the company’s subsidiary, Ridgebury V4 Investments, back in July. The Connecticut-based Ridgebury confirmed the interest in selling its tanker fleet in the financial report for the […]

  • NASSCO Signs ECO Tanker Deal

    12 November 2013

    General Dynamics NASSCO has entered into a contract with Seabulk Tankers, Inc., a wholly owned subsidiary of SEACOR Holdings Inc., for the design and construction of one 50,000 deadweight ton LNG-conversion-ready product carrier with a 330,000 barrel cargo capacity, plus an option for one additional vessel. This new 610-foot-long tanker is a continuation of the […]

  • Hafnia marks first LNG bunkering onboard its tanker

    24 April 2023
    Ports & Logistics, Vessels

    Singapore-based tanker owner and operator Hafnia has completed the first liquefied natural gas (LNG) bunkering operation onboard its vessel Hafnia Languedoc.

  • Frontline CEO: Tanker Orderbook Is a Concern

    27 August 2015
    Business & Finance

    The strength of the tanker market which has enjoyed pretty high rates may be threatened by the inflow of the new tonnage scheduled for delivery in the following two years. “Given the positive outlook of the tanker market we expect very little scrapping and the orderbook is a concern. As the delivery schedule shows a significant number of ships […]

  • Genmar, Navig8 Crude Tankers Merge

    25 February 2015
    Business & Finance

    General Maritime Corporation and Navig8 Crude Tankers have entered into a definitive agreement to merge and form Gener8 Maritime Inc., creating one of the world’s largest Very Large Crude Carrier (VLCC) operators. Gener8 Maritime will have a combined fully-delivered fleet of 46 vessels, comprised of 21 VLCC newbuildings and 25 vessels in operation including seven VLCCs, […]

  • Pan Ocean Buying Two Tankers

    29 September 2017
    Business & Finance

    South Korean dry bulk shipping company Pan Ocean has reached an agreement to purchase two tankers from its subsidiary, Pan Ocean Singapore Bulk Carrier. The vessels in question would be acquired for a price of USD 21.25 million, according to the company’s stock exchange release. Scheduled to be finalized during the fourth quarter of 2017, the […]

  • Tanker Spills at 5-Year Low

    12 January 2015

    Half-way into this decade and the downward trend in oil spills from tankers is sustained reaching a five-year low, according to the International Tanker Owners Pollution Federation Limited (ITOPF). For the last two and a half decades the average number of incidents involving oil spills from tankers has progressively halved, with the current figures showing […]

  • Aker Philadelphia Shipyard Delivers Eighth Product Tanker

    15 December 2009

    Aker Philadelphia Shipyard (Oslo: AKPS), a leading U.S. commercial shipyard, delivered its eighth Veteran Class MT-46 product tanker today. The 46,000 dwt vessel, named the Overseas Cascade, was delivered to a subsidiary of Overseas Shipholding Group (OSG) and will ultimately have shuttle tanker features installed at another location for use in the deepwater U.S. Gulf […]

  • New Stena Tanker Named in Dubai

    14 December 2006

    On December 14 the newest addition to Stena Bulk’s fleet, the crude oil tanker “Stena Atlantica” was named in Dubai.

  • E&S Tankers’ new ship bunkered with LNG in Antwerp

    19 February 2024
    Infrastructure, Vessels

    Dutch bunker supplier Titan has carried out liquefied natural gas (LNG) bunkering operation for E&S Tankers, a Germany-based joint venture between shipping companies Essberger Tankers and Stolt Tankers.

  • Genesis Buys Jones Act Tanker

    24 October 2014
    Business & Finance

    Genesis Energy, L.P. has bought the 49,000 dwt products tanker M/T American Phoenix from Mid Ocean Tanker Company, and two related charters and management agreements for around USD 157 million, the Houston-based company said in a release. The American Phoenix, completed in 2012, is a double-hulled, Jones Act qualified tanker with 330,000 barrels of cargo capacity. […]

  • Maersk Product Tankers back to black

    25 March 2020
    Business & Finance

    Danish tanker owner and operator Maersk Product Tankers returned to black having reported a profit of $91.4 million for 2019 as freight markets improved across all tanker segments. The profit marks a significant recovery when compared to a loss of $35 million a year earlier. The tanker shipping company reported an increase in revenue to […]

  • d’Amico Disposes of Two MR Tankers

    1 February 2017
    Business & Finance

    Italy-based shipping company d’Amico International Shipping (DIS) revealed that its subsidiary d’Amico Tankers sold two medium range (MR) product tankers to Monaco-based ship management firm Sea World Management for USD 13.5 million each.  The vessels in question are MT High Endurance and MT High Endeavour, both of them built by South Korean shipbuilder STX Offshore […]

  • Terntank takes delivery of LNG-powered chemical tanker

    29 June 2016
    Vessels

    Tanker owner Terntank said it has on Monday taken the delivery of the LNG-powered 15,000 DWT chemical tanker Ternsund from China’s Avic Dingheng Shipbuilding Co. The Danish-flagged Ternsund is the first vessel in a series of four 15,000 DWT chemical tankers the Chinese shipyard is building for Terntank. All of the vessels will be equipped with dual-fuel […]

  • India: Tanker ‘Pratibha Cauvery’ Refloated

    12 November 2012

    Five day salvage work on grounded ship MT Pratibha Cauvery concluded yesterday with the assistance of Malavya 21 towing vessel, NDTV reports. The salvage team from Singapore refloted the tanker from Chennai beach into the Bay of Bengal waters on Sunday without any oil spill from the ship that will stay in the outer anchorage […]

  • BHIC Completes Sale of Chulan Tankers

    6 May 2016
    Business & Finance

    Malaysia’s Boustead Heavy Industries Corporation Berhad (BHIC) has finalized the sale of three chemical tankers owned by its three subsidiaries with Jasa Merin (Labuan), SILK Holdings’ subsidiary, for a total of USD 17.1 million. In December 2015, each of the three subsidiaries including BHIC Marine Carriers (BMC), BHIC Marine Ventures (BMV) and BHIC Marine Transport (BMT) entered into separate memoranda […]

  • Oceangold Linked to MR2 Tanker Order

    23 June 2017
    Business & Finance

    Greece-based shipping company Oceangold Tankers has reportedly placed an order for a pair of MR2 tankers at the South Korean shipyard STX Offshore. Featuring 50,000 dwt each, the new tankers are scheduled to join their owner in 2019, according to data provided by VesselsValue. Oceangold is said to be paying USD 32 million a piece […]

  • Aker Philadelphia Shipyard Delivers Third Product Tanker

    19 November 2007

    Vessel is the third delivered this year and will operate in US Jones Act market. The third product tanker built by Aker Philadelphia Shipyard was delivered today, marking the first time in the yard’s history that three vessels were delivered in the same year. Following very successful sea trials and final testing and commissioning, the […]

  • Work on largest oil tanker commences

    2 November 2006

    The Dung Quat Shipbuilding Industry Corporation began its construction of a 104,000 DWT oil tanker on Monday at the Dung Quat Economic Zone in Quanng Ngai Province. The vessel

  • Crowley takes delivery of second LNG-ready tanker

    24 December 2015
    Vessels

    Jacksonville-based Crowley Maritime said it has taken delivery of the second of four LNG-ready product tankers from Philly Shipyard.

  • Tanker Activities Push Norden to Profit

    3 May 2017
    Business & Finance

    Danish shipping company Dampskibsselskabet Norden A/S has reported its adjusted result for the first quarter of 2017 at USD 1 million, against a loss of USD 5 million seen in 2016. Coverage prevented Norden from benefitting from a dry cargo market that continued a gradual improvement on the back of strong year-on-year increase in Chinese imports, […]

  • Utkilen takes delivery of third LNG-ready tanker

    5 June 2020
    Infrastructure, Vessels

    The Bergen-headquartered shipping company Utkilen has taken delivery of its thirds LNG-ready tanker from the Dingheng shipyard in China on June 3.