10000 results found for 'tanker'

10000 results found for 'tanker'
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  • d’Amico Widens Net Loss but Bullish on 2019

    21 March 2019
    Business & Finance

    d’Amico suffered a net loss of USD 55.1 million in 2018 as a result of the weaker product tanker market.

  • Singapore to Require MFM Systems for Bunkering from January

    25 October 2016

    The Maritime Port Authority of Singapore (MPA) will require the use of approved mass flow metering (MFM) systems for all marine fuel oil deliveries in the Port of Singapore, starting from January 1, 2017.  The MFM system will be introduced “to ensure fair and accurate measurements in the delivery of bunker fuels, enhance productivity and […]

  • Moore Stephens: Shipping Is Watching the Pennies

    2 October 2015
    Business & Finance

    Total annual operating costs in the shipping industry fell by an average of 0.8% in 2014, according to findings released by international accountant and shipping consultant Moore Stephens. This compares with the 0.3% average fall in costs recorded for 2013. “All categories of expenditure were down on those for the previous 12-month period, confirming that […]

  • Moore Stephens: Shipping Is Watching the Pennies

    2 October 2015
    Business & Finance

    Total annual operating costs in the shipping industry fell by an average of 0.8% in 2014, according to findings released by international accountant and shipping consultant Moore Stephens. This compares with the 0.3% average fall in costs recorded for 2013. “All categories of expenditure were down on those for the previous 12-month period, confirming that […]

  • 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 […]

  • UAE: Drydocks World Delivers ‘Eagle Louisiana’

    6 March 2014
    Business & Finance

    Drydocks World, the leading provider of maritime and offshore services to the shipping, oil, gas and energy sectors, completed and delivered Eagle Louisiana, the second of two Modular Capture Vessels (MCV) for the U.S. The first MCV, Eagle Texas, sailed away from Drydocks World’s yard in August last year. The vessels are the world’s first MCVs. […]

  • Monaco: Scorpio Takes Delivery of Another Vessel from Newbuilding Program

    21 September 2012

    Scorpio Tankers Inc. announced yesterday that it has taken delivery of STI Garnet, the fourth vessel under its previously announced Newbuilding program, the delivery of STI Coral, and agreements to time charter-in additional vessels.  Delivery of STI Garnet The Company took delivery of STI Garnet, the fourth of ten vessels scheduled for delivery under the […]

  • Taiwan to Receive LNG Cargo

    18 April 2012
    Vessels

    Taiwan’s Yung-An LNG terminal is due to receive a cargo of liquefied natural gas this week, according to Kaohsiung Port Authority. The Golar Mazo tanker, with a capacity of 135,000 cbm, will reach Yung-An terminal on April 21. The Yung-An terminal is Taiwan’s first liquefied natural gas receiving terminal, and it is operated by CPC. […]

  • Taiwan to Get LNG Cargo

    20 September 2012
    Vessels

    Taiwan’s Yung-An LNG terminal is due to receive a cargo of liquefied natural gas this week, according to Kaohsiung Port Authority. The 155,000 cbm GasLog Savannah tanker, will reach Yung-An terminal on September 23. The Yung-An terminal is Taiwan’s first liquefied natural gas receiving terminal, and it is operated by CPC. [mappress] LNG World News Staff, […]

  • Norway: Hammerfest Ships LNG Cargo

    12 June 2012

    Norway’s Hammerfest LNG terminal shipped an liquefied natural gas cargo today, according to shipping data. The cargo is being hauled by the Provalys, a 154,000 cubic-meter tanker and the destination of the cargo is unknown at this moment. The Statoil-operated Hammerfest terminal has a capacity to produce 4.3 million mt/year of LNG. [mappress] LNG World […]

  • Stena Bulk Reports SEK Billion Profit for 2006

    6 March 2007

    Stena Bulk finished yet another successful year with a profit of almost SEK 1 billion on sales of approx. SEK 4.5 billion. With a deployed fleet of 60 vessels totalling more than 6 million dwt, Stena Bulk is the largest tanker shipping company in Sweden. The company has a market share of 40% in the […]

  • Gas cloud as ship releases fumes

    23 June 2009

    Residents of a Suffolk town have reported smelling gas after a ship vented fumes offshore. Energy company Transco said people in Lowestoft had been contacting their call centre with reports of the smell. Suffolk Fire Service said the cause was a gas cloud coming from an empty tanker which had vented fumes about nine miles […]

  • Concordia Maritime signs charter contracts with Lukoil

    27 June 2006

    Concordia Maritime has today signed two-year timecharter contracts for the V-MAX vessels Stena Vision and Stena Victory with Litasco, a subsidiary of the Russian oil company Lukoil. The new time charters will commence immediately upon expiration of the current charter contracts with the American oil company Sunoco at the end of 2007. The vessels are […]

  • Mexico to Get LNG Cargo from Peru

    23 April 2014
    Vessels

    Peru’s only LNG export facility shipped an LNG cargo to Mexico on April 17. The cargo is being hauled by the Barcelona Knutsen, a 173,400 cbm tanker, and it is sailing to the Manzanillo import terminal. The liquefaction plant in Pampa Melchorita has exported 206 cargoes since its startup in June of 2010, according to […]

  • VDR CEO: Germany needs LNG infrastructure

    1 October 2020
    Business Developments & Projects, Infrastructure, Ports & Logistics, Project & Tenders

    German Shipowners’ Association (VDR) has welcomed investments in the country’s supply chain logistics as well as in the Brunsbüttel terminal project.

  • BAR Technologies: WindWings secures BV’s stamp of approval

    30 May 2025
    Business Developments & Projects, Certification & Classification, Green Marine, Regulation & Policy, Technology

    UK-based wind propulsion provider BAR Technologies has received type approval from French class society Bureau Veritas (BV) for its 37.5-meter WindWings, a rigid sail technology that uses wind propulsion.

  • Scorpio Gains Control Over Nordic American Offshore

    12 December 2018
    Business & Finance

    Scorpio Group, owned and controlled by the Lolli-Ghetti family, has taken control of Nordic American Offshore.

  • Turkish ship seized off Somalia

    8 July 2009

    A Turkish cargo ship with 23 crew on board has been seized by pirates off the coast of Somalia. Istanbul-based Horizon Shipping said pirates in speed boats had surrounded the Horizon I vessel in the Gulf of Aden at about 0530 GMT. Three attackers managed to board the tanker, which was heading from Saudi Arabia […]

  • Novatek hits 50 mt milestone at Yamal LNG

    26 March 2021
    Business Developments & Projects, Operations & Maintenance

    Novatek, Russia’s largest independent natural gas producer, has hit a new milestone at its Yamal LNG project.

  • American Shipping Company closes $305 Mn refinancing for nine ships

    10 April 2020
    Business & Finance, Business Developments & Projects, Infrastructure, Vessels

    Despite COVID-19 challenges, AMSC has closed a $305 million refinancing covering nine vessels.

  • US LNG exports drop on week

    13 April 2018

    Liquefied natural gas (LNG) exports from the United States declined during the week ending Wednesday, April 11, the Energy Information Administration said in its weekly natural gas report. Five LNG vessels with a combined capacity of 17.7 billion cubic feet (Bcf) have departed Cheniere Energy’s Sabine Pass plant from April 5 to April 11, according to […]

  • European Commission clears Total, Engie $1.5 billion LNG deal

    12 April 2018

    The European Commission has cleared the acquisition of French Engie’s portfolio of upstream liquefied natural gas (LNG) assets by compatriot Total.

  • Sovcomflot tightens loss on offshore and gas performance

    18 March 2019

    Russia’s largest shipping company Sovcomflot reported tightening losses during the year 2018, as it turned to profit in the fourth quarter of the year. 

  • OMV spills oil offshore New Zealand

    23 February 2015

    OMV New Zealand reportedly spilled crude oil in the ocean offshore Taranaki, New Zealand, on Friday, February 20, 2015. According to NZ media, the spill occurred during a routine transfer of oil from the Raroa FPSO to the Nectar oil tanker. Stuff.co.nz has quoted Peter Zeilinger, managing director of OMV New Zealand Ltd as saying: “The transfer hose developed […]

  • Make Way for 21,100 TEU Boxships

    7 April 2015
    Business & Finance

    South Korean shipbuilder Samsung Heavy Industries (SHI) will build the world’s largest containerships yet having received an order for the construction of 21,100 TEU units. The order was placed by OOCL last week, however the announcement said that the ships would pertain to the 20,000 TEU class. SHI revealed that the ordered boxships would actually feature 21,100 TEU […]