10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Long-awaited oil removal from ‘ticking bomb’ FSO Safer kicks off in Red Sea

    25 July 2023
    Authorities & Government, Business Developments & Projects, Collaboration, Environment, Green Marine, Outlook & Strategy, Regulation & Policy, Safety, Vessels

    The much-anticipated removal of more than 1 million barrels of oil from the decaying FSO Safer off Yemen’s Red Sea coast started today. The ship-to-ship transfer of oil to the replacement tanker Yemen, formerly known as Nautica, which arrived in Yemen a few days ago, is expected to last 19 days. The UNDP-led operation is aimed […]

  • Pirates demand ransom for kidnapped Thai captain, crew

    2 June 2005

    Pirates have kidnapped a Thai captain and crewman from a tanker in the busy Malacca Strait. The head of the Piracy Reporting Centre of the London-based International Maritime Bureau, Noel Choong, says the pirates have already demanded a ransom. Mr Choong says the band of between five and eight pirates approached on a fast boat […]

  • Pin Oak Corpus Christi loads 1st vessel at new oil dock

    16 April 2020
    Ports & Logistics, Project & Tenders

    Pin Oak Corpus Christi, a joint venture between Dauphine and commodities trader Mercuria Energy Group, received its first vessel Wednesday at its newly commissioned oil dock at the Port of Corpus Christi. The dock, capable of accommodating fully laden bulk liquid tankers up to Suezmax class with loading rates in excess of 40,000 barrels per […]

  • Singapore: Jurong Shipyard Bags FPSO Conversion Contract

    4 October 2011

    Jurong Shipyard, a wholly-owned subsidiary of Sembcorp Marine, has secured an approximately S$130 million project to convert the Very Large Crude Carrier (VLCC) tanker, the MV “TAR II” (ex STAR II), to a Floating Production Storage and Offloading (FPSO) vessel for MODEC. This conversion project involves the installation of an external turret mooring system and […]

  • Shell takes first Sabine Pass cargo under long-term deal

    21 May 2016

    Hague-based LNG giant Shell confirmed it has started taking cargoes from Cheniere’s Sabine Pass LNG export terminal in Louisiana, the first of its kind to ship U.S. shale gas overseas. Shell has a 20-year offtake agreement with Cheniere for 3.5 mtpa of liquefied natural gas from Train 1 at Sabine Pass. “We can confirm Shell’s first […]

  • Sweden: First Baltic Sea LNG Terminal Opens This Week

    24 May 2011

      AGA’s facility for liquefied natural gas (LNG) will be inaugurated outside Nynäshamn, Sweden on 27 May. The first in the Baltic Sea region, the terminal is AGA’s largest venture ever. Natural gas can replace oil in industrial processes and as a fuel for land and sea-based transport, reducing emissions of carbon dioxide, nitrogen dioxide, […]

  • Samsung Heavy Swings to Profit

    31 October 2016
    Business & Finance

    One of South Korea’s biggest shipbuilders, Samsung Heavy Industries (SHI), has seen its net income surge to KRW 128.6 billion (USD 112 million) in the third quarter of 2016, from a net loss of KRW 212.4 billion (USD 185 million) reported in the second quarter of the year. The company’s operating profit for the period jumped to KRW […]

  • McCain Stands Up for Jones Act Repeal

    23 January 2015

    U.S. Senator John McCain took to the Senate floor on Thursday to defend his amendment to repeal the Merchant Marine Act of 1920, also known as the Jones Act. The proposed amendment has been faced with fierce opposition from various interested parties including the American Maritime Partnership (AMP) and more recently a group of Congressmen. Fears have […]

  • Brazil: Teekay Announces FPSO Contract Extension with Petrobras

    23 June 2010

    Teekay Corporation  today announced that it has signed an agreement with Petroleo Brasileiro SA (Petrobras) to extend the operating contract for Teekay’s Cidade de Rio das Ostras Floating Production Storage and Offloading (Rio das Ostras FPSO) unit through 2018. The Rio das Ostras FPSO, which has operated at the Siri reservoir on the Badejo field […]

  • Turkey joins counterparts in banning scrubber wash water discharge

    9 April 2021
    Authorities & Government, Environment, Equipment, Regulation & Policy, Rules & Regulation

    Turkey has banned the discharge of scrubber wash water in its territorial waters following in the footsteps of a number of governments, including that of Saudi Arabia and Singapore. The move was announced by the Turkish Ministry of Environment and Urbanization on April 6, 2021. “It is forbidden to discharge garbage, petroleum and petroleum derivatives […]

  • U.S. weekly LNG exports climb

    7 May 2021
    Business Developments & Projects, Operations & Maintenance

    Exports of liquefied natural gas (LNG) from the United States facilities increased during the week between April 29 and May 5.

  • Taiwan’s CPC Corp gets first LNG cargo under long-term deal with Cheniere

    11 January 2021
    Business Developments & Projects, Operations & Maintenance

    Taiwan’s energy player, CPC Corporation has received the first cargo under a long-term SPA with Cheniere Energy.

  • Shipbreaking Activities to Restart at Gadani Yards

    7 December 2016
    Business & Finance

    The activities at Pakistan’s Gadani shipbreaking yards are set to resume following an order by the High Court of Balochistan, NGO Shipbreaking Platform’s spokesperson said. The order was made after the Pakistan Ship Breakers Association called on federal and provincial bodies to restart the activities. “Closing yards for a short period of time is something that […]

  • Alfa Laval Inks Deals with Two Shipowners for BWT Systems

    4 July 2017
    Business & Finance

    Swedish provider of specialized products and engineering solutions Alfa Laval signed in June frame agreements with two different shipowners for the supply of its ballast water treatment systems (BWTS). As informed, the systems will be delivered during a three-year period and retrofitted on tankers and bulk carriers. The fleet orders were received from undisclosed parties, […]

  • Greece: Navios Group Takes Next Step in Concluding LOI Signed with HSH

    20 August 2013
    Business & Finance

      The Navios Group, composed of Navios Maritime Holdings Inc., Navios Maritime Acquisition Corporation and Navios Maritime Partners L.P., announce the formation of Navios Europe Inc. as the next step in concluding the letter of intent signed with HSH Nordbank AG in April of 2013. Navios Europe, which will initially acquire five product tankers and […]

  • Nigeria: Shell Responds to Oil Leak in Bonga Field

    21 December 2011
    Business & Finance, Operations & Maintenance

    Shell Nigeria Exploration and Production Company (SNEPCo) can confirm it is responding to an oil leak at the 200,000 barrel-per-day capacity Bonga deepwater facility, approximately 120 kilometres off the Nigeria coast. The leak occurred yesterday (Tuesday December 20) during a routine operation to transfer crude oil from Bonga’s floating production, storage and off-loading (FPSO) vessel […]

  • VIDEO: Libra FPSO conversion in numbers

    9 December 2016
    Infrastructure

    Teekay has posted a video on Thursday showing the conversion of the Brazil-bound FPSO Pioneiro de Libra, sharing some interesting numbers. The company said that the Pioneiro de Libra FPSO conversion required a project team of 162 people, a commissioning team of more than 40 people and more than 3000 people working daily over the […]

  • Unix Line Fined USD 1.65 Mln for Oily Bilge Dumping

    24 March 2020
    Business & Finance

    Unix Line fined USD 1.65 million for concealing illegal discharges of oily water.

  • Yamal LNG Ships 30 Million Tons of LNG

    28 February 2020
    Business & Finance

    Yamal LNG has shipped its thirty millionth ton of LNG since the commencement of the project.

  • Oil Leak Forces Shell to Halt Production from Bonga Field Offshore Nigeria

    21 December 2011
    Business & Finance

    Shell Nigeria Exploration and Production Company has confirmed it is responding to an oil leak at the 200,000 barrel-per-day capacity Bonga deepwater facility, approximately 120 kilometres off the Nigeria coast. The leak occurred yesterday (Tuesday December 20) during a routine operation to transfer crude oil from Bonga’s floating production, storage and off-loading (FPSO) vessel to […]

  • NGO: ACES Again on Fire at Gadani

    9 November 2017
    Business & Finance

    Gadani’s shipbreaking plot no. 54 was sealed off on November 8 after a fire broke out on-board the ship ACES again, according to the NGO Shipbeaking Platform. No workers got caught in the flames of the fire, which occurred on the same floating oil production tanker that blew up on November 1, 2016. Last year’s incident […]

  • Fleet Growth Still a Burden to Suezmax Rates

    22 August 2017
    Business & Finance

    The Suezmax fleet witnessed a net fleet growth of 9.6% in the 12 months from August 2016, putting more pressure on spot rates, according to Poten & Partners. During the period the Suezmax fleet increased by 43 tankers, reaching a total of 492 on August 1, 2017, compared to 449 units reported a year earlier. The delivery of 50 […]

  • Christophe de Margerie to Load 1st Yamal LNG Cargo This Week

    5 December 2017
    Business & Finance

    The first liquefied natural gas cargo from Russia’s Yamal LNG terminal is scheduled to be loaded utilizing the Arc7 ice-class LNG tanker Christophe de Margerie on December 8, 2017. The cargo loading would be undertaken at the Sabetta port only days after the project started producing LNG at the first LNG train with the nameplate capacity of […]

  • Norden Ups Its Expectations

    24 June 2015
    Business & Finance

    Danish shipping company Dampskibsselskabet NORDEN A/S has raised its expectations for the EBIT result for 2015 to USD 50-90 million against previously expected USD -40 to 40 million. The upward adjustment is a result of a tanker market which continues to be influenced by a broadly based upswing with strong rates in all regions. On […]

  • Japan: Tokyo Gas, MOL Agree Transfer of Shares in LNG Shuttle and Regasification Vessels

    31 August 2010
    Project & Tenders, Vessels

    Tokyo Gas Co., Ltd. and Mitsui O.S.K. Lines, Ltd. today announced that Tokyo LNG Tanker Co., Ltd., a wholly owned subsidiary of Tokyo Gas and MOL executed an agreement under which Tokyo LNG Tanker will receive a minority stake of the shares owned by MOL in the joint-venture companies related to the LNG Shuttle and […]