10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Greenpeace Blocks Ship in Estonian Port

    24 September 2006

    Greenpeace activists in Estonia on Monday blocked the departure of a Dutch ship that had unloaded chemical waste blamed for the deaths of seven people in Ivory Coast, the organization and news reports said. A Greenpeace statement said its ship Arctic Sunrise dropped anchor in front of the gasoline tanker Probo Koala at the Estonian […]

  • Cosco bags 4 contracts worth S$181m to build and convert vessels

    30 May 2006

    Singapore-listed Cosco Corp says its shipyard division has won four high-value contracts worth more than S$180 million. The deals were won by China-based Cosco Shipyard in which it has a 51 per cent stake. These contracts range from building tugs and barges and to convert an oil tanker.

  • S&P Global: Russia’s ghost fleet estimated at 434 vessels

    17 March 2023
    Authorities & Government, Green Marine, Regulation & Policy, Rules & Regulation, Vessels

    Since the introduction of G7 oil price cap for Russia’s crude oil and refined products there have been speculations on Russia’s so-called shadow fleet being used to evade sanctions. Russia has repeatedly stated that it will not work with the price cap, but the vast majority of seaborne Russian oil shipments rely on services provided […]

  • AET Chooses LNG Dual Fuel Option for Aframax Newbuilds

    3 April 2017
    Business & Finance

    Singapore-headquartered owner and operator of petroleum and chemical tankers AET has decided to equip up to four of its new Aframax tankers currently being built by South Korean shipbuilder Samsung Heavy Industries (SHI) with the liquefied natural gas (LNG) dual fuel option. The 113,000 dwt vessels, scheduled for delivery from Q3 2018, will replace existing […]

  • French majors team up on LNG bunkering initiative

    11 July 2017

    French companies have joined forces, creating a platform promoting LNG as fuel for the maritime industry. 

  • USA: fears raised over dredge effects on York’s Long Sands Beach

    6 January 2010

    YORK, Maine —The Army Corps of Engineers plans to dredge the Piscataqua River in Eliot, Maine, where tankers turn, according to Robert Green, an environmental specialist with the Maine Department of Environmental Protection in Portland. The Army Corps has applied to the DEP to move an estimated 100,000 to 250,000 cubic yards of the material […]

  • Cost of shipping crude may weaken further

    3 July 2006

    The cost of shipping crude oil from the Middle East to Asia on two-million-barrel tankers may fall for a third consecutive week as vessels available for hire at the end of July outnumber cargoes. Freight rates for very large crude carriers, or VLCCs, on the benchmark route to Japan, unchanged yesterday, were at their lowest […]

  • Piracy ‘spike’ in South China Sea

    21 September 2009

    Piracy in the South China Sea has hit a five-year high, an international monitoring agency has said. According to the ReCAAP monitoring centre, there have been 10 reports of sea attacks so far this year, compared to the previous high of nine in 2005. Tankers and large container ships are most vulnerable to pirate attacks, […]

  • Vessel Impairments Push FSL Trust Deeper into Loss

    27 February 2018
    Business & Finance

    First Ship Lease Trust has reported a net loss of USD 33.9 million for Q4 of 2017 and USD 73.9 million for the full year.

  • Nordic Shipholding’s Results Fall Short of Expectations

    26 November 2014
    Business & Finance

    The third quarter of 2014 was disappointing for Copenhagen-listed shipowner Nordic Shipholding that posted a loss before tax of USD 4.6 million compared to a larger loss of USD 6.3 million in the same period last year.  The smaller loss was due mainly to lower interest expenses of USD 2.6 million (USD 5.4 million), Nordic […]

  • Impairment Charges Hurt DHT’s 1Q Profit

    9 May 2017
    Business & Finance

    Bermuda-based tanker shipping company DHT Holdings posted a net income of USD 14.3 million in the first quarter of 2017, down from a net income of USD 31.5 million reported in the same period last year.  During the quarter, the company’s earnings were dented by an impairment charge of USD 7.5 million related to the […]

  • Scorpio Bulkers Plunges Deeper into Red

    29 July 2015
    Business & Finance

    Scorpio Bulkers Inc. posted a net loss of USD 138.6 million, or USD 0.71 basic and diluted loss per share, for the three months ended June 30, 2015, increasing its net loss of USD 15 million from the same period last year. This loss includes the write down on assets held for sale of USD 119.6 […]

  • China: SF Shipyard Hands Over New Bulk Carrier to POLSTEAM

    19 March 2012
    Business & Finance

    In the afternoon of March 16th, the delivery documents for No.2 16.900 DWT Bulk Carrier (HULL NO.:SF080102 ) were signed in the Taizhou Sanfu Ship Engineering Co. Administrative Office Building. The vessel was the second one among 8 sister vessels contracted with POLSTEAM by Sanfu shipyard and is classed by ABS. 16,900DWT Bulk Carrier The vessel […]

  • Lower US Demand Reshuffles West African Crude Moves

    24 November 2014

    West African crude moves have shifted from the U.S. to Europe as lower demand from the U.S. has forced a reshuffle of the global crude oil markets, according to the latest tanker market review by shipbroker Poten & Partners. Namely, in order to make their crudes more competitive West African suppliers have reduced their prices […]

  • Fore River dredging to begin on November 15

    7 November 2006

    Mayor David Madden said a dredging of the Fore River in North Weymouth by a Quincy firm will remove excess sediment from the bottom of the channel to prevent oil tankers and large vessels from running aground while going to local ports. “We don’t anticipate the project will have any negative effect on residents as […]

  • South Korea: STX Offshore Wins LNG Duo Order

    14 February 2012
    Vessels

    STX Offshore & Shipbuilding, a South Korean shipbuilder, today said it has won a contract from Russia’s Sovcomflot to build two liquefied natural gas carriers. The order is worth KRW446.7 billion. The shipbuilder said in a in a regulatory filing that it will deliver the tankers by the first quarter of 2015. [mappress] LNG World News […]

  • South Korea: Naming Ceremony for ‘Bow Pioneer’

    6 May 2013
    Business & Finance

    ‘Bow Pioneer’, the first ship built by DSME, has been revived after thirty years. The naming ceremony for Hull No. 2018, the world’s biggest 75,000 DWT chemical tanker ordered by Odfjell SE was held at E2 quay on 29th April. Mrs. Arnhild Odfjell, spouse of Mr. Bernt Daniel Odfjell, the former chairman of Odfjell, named […]

  • ‘World’s first’ ammonia dual-fuel Aframaxes ordered by MISC

    19 April 2024
    Business Developments & Projects, Infrastructure, Vessels

    Malaysia’s shipowner MISC has ordered and chartered out, via its petroleum arm AET, ‘the world’s first’ two ammonia dual-fuel Aframaxes.

  • Bermuda: SFL Adjusts Agreement with Frontline

    6 December 2011
    Business & Finance

    Ship Finance International Limited, today announced that it has agreed, subject to final board and bank financing approvals, to amend the terms of the long-term chartering agreements with Frontline Ltd. This will happen concurrently with a proposed recapitalization of Frontline, where some of their assets will be sold and a significant capital commitment relating to […]

  • Three more Kotug vessels come to Guyana for work with ExxonMobil

    15 November 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    Kotug has welcomed the arrival of three additional vessels in Guyana, which will support ExxonMobil’s offshore operations.

  • USA: RESOLVE Marine’s New RMG-1000 barge Launched

    25 July 2012

    RESOLVE Engineering Group, LLC announced the launch of two of the Naval Architecture and Marine Engineering firm’s latest design and construction support jobs. The American Phoenix, a 616′ x 105′ chemical tanker, as we reported earlier, was built by BAE Systems Southeast Shipyards, Alabama for owner Mid-Ocean Tanker Company LLC of South Norwalk, CT. The […]

  • 10% fuel savings prompts Chemfleet to fit 3 more ships with Berg efficiency upgrade

    23 January 2024
    Business Developments & Projects, Collaboration, Environment, Equipment, Green Marine, Innovation, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Vessels

    Istanbul-headquartered specialized ship manager Chemfleet revealed that it has achieved around 10% in fuel savings after installing an in-service Berg Propulsion upgrade to control systems onboard the tanker YM Miranda. The Swedish propulsion company said that the replacement of the existing control system from another supplier with Berg’s MPC800 system on YM Miranda was carried […]

  • UAE: World’s First Modular Capture Vessel Sails Away from Drydocks World

    13 August 2013
    Business & Finance

    Drydocks World, the well-established international service provider, announced today that the world’s first Modular Capture Vessel (MCV), Eagle Texas, sailed away from its yard. The conversion of the AFRA max tanker was carried out by Drydocks World – Dubai and was completed for Singapore based AET, a global leader in petroleum shipping, and is the […]

  • Fitch Ratings: Stormy Seas ahead for Shipping amid China’s Slowdown

    29 September 2015

    China’s slower growth and economic transition will pose significant risks for the shipping sector, which already faces overcapacity, weak freight rates and stretched financials, according to rating agency Fitch Ratings. Fitch believes that these pressures will probably lead to bankruptcies among smaller unrated shippers and may drive consolidation. The impact, however, is likely to vary […]

  • Aker Solutions secures contracts for offloading systems

    27 August 2008

    26 August 2008 – Aker Solutions has been awarded several contracts for supply of offloading systems. The total contract value for Aker Solutions is approximately NOK 85 million. The contract awards are from the Joint Venture Euronav/OSG and MODEC International LLC for the supply of offloading systems. The Euronav/OSG contract consists of offloading systems for […]