10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Teekay Tankers’ CEO to Resign in June

    14 January 2014
    Business & Finance

    Teekay Corporation and Teekay Tankers Ltd. announced that Bruce Chan, Chief Executive Officer of Teekay Tankers and President of Teekay Tanker Services, has informed the Company of his intention to resign from his position effective June 20, 2014 after more than 18 years of service with the Company.  Peter Evensen, Teekay’s President and Chief Executive […]

  • Greece Keeps the Lead in Tanker Ordering

    22 October 2015

    Despite a substantial fall in overall ordering this year, tanker contracting has been robust with 207 ships of 16.6m GT reported of being ordered so far this year, which is already above full year 2014 in terms of GT, according to data released by London-based Clarksons. Greece remained on top of the ordering chain, having […]

  • NAT Expands Fleet with New Tanker

    8 September 2016
    Business & Finance

    Bermuda-based tanker owner Nordic American Tankers Limited (NAT) took delivery of a Suezmax newbuilding tanker the Nordic Star, built at South Korea’s Sungdong Shipbuilding and Marine Engineering. Featuring 158,000 deadweight tons, the vessel, which was named on August 24, will be employed in the tanker market right away, according to the company. NAT’s second Suezmax newbuilding, the Nordic […]

  • Scorpio Tankers Widens Net Loss

    31 October 2018
    Business & Finance

    Scorpio Tankers wrapped up the first three quarters of this year with a widened net loss.

  • Terntank Adds Third Chemical Tanker

    16 November 2016
    Business & Finance

    Swedish tanker owner Terntank has taken delivery of the Tern Sea, the third of four 15,000 dwt chemical tankers with dual-fuel two-stroke engines ordered from Avic Dingheng shipyard in China.  Featuring a length of 147 meters and a width of 22 meters, the Tern Sea was named in September 2016. Prior to departing for Europe, […]

  • Pirates Approach Tanker in the Gulf of Aden

    20 November 2018
    Business & Finance

    Pirates attempted to board a Singapore-flagged tanker in the Gulf of Aden, Asian piracy watchdog ReCAAP ICC informed.

  • Tanker Recovery: Winter Is Coming (Early)?

    20 November 2018

    Multiple factors contributing to tanker recovery, but sustainable recovery is yet to materialize.

  • Scorpio Tankers Slips Further into the Red

    14 February 2018
    Business & Finance

    Scorpio Tankers has reported a widened net loss for Q4 and full year.

  • Nordic Shipholding Offloads Handysize Tanker

    26 February 2019
    Business & Finance

    Nordic Shipholding disposes of a Handysize product tanker.

  • GEFO Orders Six Tankers in China

    22 March 2018
    Business & Finance

    German shipping group GEFO has ordered six stainless steel chemical tankers in China.

  • Thun Tankers Orders Fifth Newbuilding

    4 September 2017
    Business & Finance

    Dutch coastal shipping company Thun Tankers has declared the option for a fifth tanker to be added to the previously contracted four product/chemical tankers. The additional order comes only months after the company decided to expand its fleet with four new 17,500 dwt IMO II tankers. The five vessels, which will be delivered between 2019 and 2020, are […]

  • DSME Lands LNG Tanker Deal

    3 February 2014
    Project & Tenders, Vessels

    Daewoo Shipbuilding & Marine Engineering (DSME) of South Korea secured a US$410 million deal to build two LNG tankers for an unnamed European company, DSME said in a filling to the stock exchange. Daewoo expects to deliver the LNG tankers by 2016. DSME is one of the world’s leading shipyards for the construction of LNG […]

  • Navig8 Product Tankers Expands Fleet

    15 January 2016
    Business & Finance

    Newly-established product tanker company Navig8 Product Tankers Inc has taken delivery of an LR1 74,000 dwt product tanker, the Navig8 Expedite, from the South Korean shipbuilder STX Offshore & Shipbuilding Co, Ltd. The vessel will be entered into and operated in the LR8 commercial pool operated by the Navig8 Group. As World Maritime News reported, Navig8 Product Tankers has […]

  • Mercator Limited Disposes of Tanker Oldie

    29 November 2018
    Business & Finance

    As part of its strategic plan, Mercator Limited has decided to sell one of its vessels, Vedika Prem. 

  • d’Amico buys leased MR tanker

    8 February 2021
    Infrastructure, Vessels

    d’Amico Tankers D.A.C. (Ireland), part of Italian shipping company d’Amico International Shipping S.A. (DIS), has exercised its purchase option on the MT High Priority, a 46,847 dwt MR product tanker.

  • Teekay Tankers Lands Five Aframaxes

    18 December 2014
    Business & Finance

    Teekay Tankers Ltd. has agreed to acquire four coated Aframax tankers and one uncoated Aframax tanker for an aggregate purchase price of approximately USD 230 million. The five vessels, which are expected to be delivered in the first quarter of 2015, were constructed in 2008, 2010 and 2011 at shipyards in Japan and China. Upon delivery, […]

  • Team Tankers Finalizes Acquisition Deal

    5 April 2018
    Business & Finance

    Team Tankers International finalized the acquisition of Laurin Shipping AB and Anglo-Atlantic Steamship Company.

  • Scorpio Tankers Fixes Three for Three

    27 October 2015
    Business & Finance

    Monaco-based tanker owner Scorpio Tankers has entered into time charter-out agreements with undisclosed clients for two ice class, medium-range oil/chemical tankers, and one long-range crude oil tanker. Scorpio chartered out the 2015-built, 52,000 dwt STI Westminster for a period of three years at USD 20,500 per day. The 2015-built, 52,000 dwt STI Nothing Hill was chartered out for the identical […]

  • Team Tankers Ups Loan Facility

    20 October 2015
    Business & Finance

    Bermuda-headquartered chemical tanker owner and operator Team Tankers International has increased its existing USD 100 million loan facility by additional USD 50 million. ABN AMRO has joined the facility as the lender of the additional funds, with the remaining USD 100 million provided by  SEB and NIBC Bank. “We are delighted to establish a relationship with […]

  • Nordic Shipholding’s Tanker Sale Fails

    8 April 2019
    Business & Finance

    The sale of Nordic Shipholding’s Nordic Ruth has failed, the Danish shipowner said.

  • Teekay Tankers Sells Two Vessels

    31 October 2016
    Business & Finance

    Nasdaq-listed tanker shipping company Teekay Tankers has entered into an agreement to dispose of two of its 159,500 dwt tankers, according to data provided by VesselsValue. The two vessels, the LR2 tanker Ganges Spirit and the Suezmax tanker Yamuna Spirit, were sold to Greece-based shipowner New Shipping Ltd. VesselsValue said that the 2002-built tankers were […]

  • MPA Singapore Suspends Licences of Five Bunker Tankers

    15 March 2017
    Business & Finance

    Maritime and Port Authority of Singapore (MPA) has temporarily suspended the harbour craft licences of five bunker tankers due to irregularities with the vessels’ piping fixtures, an MPA spokesperson said. Investigations are currently being carried out, however, during the suspension these bunker tankers will not be allowed to conduct any bunker deliveries, ship-to-ship operations or leave the port […]

  • Drewry: Tanker Market to Remain Volatile

    15 September 2014

    The Drewry All Earnings Index, which covers the main bulk shipping markets, fell 20% in August and stood at 152, according to the Shipping Insight report published by shipping consultancy Drewry. The index was held back by weaker tanker and LPG charter rates, but overall earnings would have fallen further were it not for some […]

  • SeaRiver Maritime Names Second Tanker

    13 January 2015
    Business & Finance

    Aker Philadelphia Shipyard held a naming ceremony for the second of two tankers being constructed for SeaRiver Maritime, ExxonMobil’s U.S. marine affiliate. The 800-foot, 115,000 deadweight ton (dwt) tanker was formally christened and given the name Eagle Bay. The double hull Eagle Bay has capacity to carry 800,000 barrels of oil. After delivery, the tanker will […]

  • VIDEO: US Coast Guard Medevacs Tanker Captain

    8 August 2014

    A U.S. Coast Guard helicopter crew evacuated the captain of a tanker approximately 50 miles offshore of Corpus Christi, Texas, Wednesday morning. Watchstanders at the Coast Guard Sector Corpus Christi command center were notified Tuesday at approximately 4:30 p.m. that the 50-year-old captain of the Weser, a 422-foot oil and chemical tanker vessel, was experiencing severe […]