10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Gina Krog FSO catches fire while docked in Norway

    12 September 2017

    The crew of 138 workers was evacuated last weekend from an offshore vessel docked in Norway due to a fire in an engine room.  According to reports from the Norwegian media, the vessel that caught fire on Sunday was Teekay’s shuttle tanker Randgrid, destined to work on the Statoil-operated Gina Krog field offshore Norway. Following […]

  • Shell Spills Oil in Brunei

    4 January 2012
    Business & Finance

    Brunei Shell Petroleum (BSP) stated that an oil spill response team was mobilised for cleanup operations along the coastline between Kuala Belait and the Panaga beach, on Sunday morning, 1 January 2012. The source of the leak was identified within 15 minutes and was immediately and safely isolated. The spill originated from a leak at […]

  • Yamal LNG Boasts Full Capacity

    12 December 2018
    Business & Finance

    Yamal LNG has reached full capacity at the plant’s three LNG trains.

  • OmanShipping Takes Delivery of 300.000 DWT VLCC SAMAIL

    2 August 2011

    Soon after the “Renaissance Day” anniversary celebrations in Oman, OmanShipping Company S.A.O.C. accepted delivery of a Very Large Crude Carrier(VLCC), SAMAIL, from Universal Shipbuilding Corporation, in Kawasaki city inJapan, becoming the twenty ninth vessel to be operated by the Company. The Panamanian flagged vessel SAMAIL, with a capacity of300,000 deadweight tons, is 330 meters length […]

  • Hyundai Samho Receives VLCC Order, Attracts New Investment

    24 April 2017
    Business & Finance

    Greek shipping company Neda Maritime has ordered a 319,000 dwt very large crude carrier (VLCC) from South Korean Hyundai Samho Heavy Industries (HSHI), with an option for one more tanker, VesselsValue’s data shows. Neda Maritime will pay USD 82 million for the newbuilding, which is scheduled to be completed in 2019. The company would pay […]

  • ReCAAP: No Hijacking Incidents in January

    19 February 2016

    The piracy activity and armed robbery against ships in Asia has seen a slight increase in January 2016 when compared to previous months, Asian piracy watchdog ReCAAP ISC said in its latest report. A total of nine actual incidents of armed robbery against ships were reported in Asia in January, while there were no piracy incidents […]

  • Gasrec buys bio-LNG assets

    12 April 2021
    Business & Finance, Business Developments & Projects, Infrastructure, Technology

    UK’s gas supplier Gasrec has acquired five bio-LNG refueling stations and four cryogenic trailers, reinforcing its commitment to transition from diesel to a cleaner fuel.

  • Zvezda cuts steel for 3rd LNG-powered MR product carrier

    15 January 2021
    Environment, Transition, Vessels

    Russian Shipbuilding Complex Zvezda has cut steel for the third MR-type product carrier operating on LNG as marine fuel ordered by the compatriot shipping major Sovcomflot in 2019. The 1B-ice class tanker will have a deadweight of about 50,000 tonnes, length of over 180 meters, width of over 32 meters and a draft of 13 […]

  • ITT set to acquire Danish pump specialist Svanehøj

    7 November 2023
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy

    Danish marine pump specialist Svanehøj Group revealed that it is being acquired by ITT Inc., a U.S.-based multi-industrial company, which is expanding its presence in the growing market for liquefied gas. Svanehøj specializes in the supply of marine fuel and cargo pumps, along with LNG/LPG tank gauging systems. The company has also developed a comprehensive service […]

  • Hayfin invests in up to four methanol-ready Suezmaxes

    1 November 2023
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    Europe’s shipping investor Hayfin has placed an order for up to four ‘enhanced methanol ready’ Suezmax tankers at South Korean shipbuilder Hyundai Heavy Industries (HHI). The contract includes two firm 158,000-dwt tankers and options for two more sister vessels with the delivery of the firm units scheduled for the first half of 2026.  “The newbuild program […]

  • Hydrex Performs Underwater Propeller Blade Straightening in New Orleans

    23 August 2013
    Business & Finance, Operations & Maintenance

    Last month, Hydrex diver/technician team performed a successful propeller blade straightening operation on a 245-meter oil tanker at anchorage in New Orleans, U.S.A. By taking advantage of the in-house developed cold straightening technique, damaged blades can be straightened underwater. This allows a ship with a damaged propeller to return to commercial operations without the need […]

  • PSA Norway Identifies Regulatory Nonconformities at Skarv FPSO

    12 May 2011
    Business & Finance

      The Petroleum Safety Authority Norway (PSA) conducted an audit of BP at the Aker Solutions Stord yard on 6-7 April 2011. The audit targeted the offloading system for shuttle tankers on Skarv FPSO. The audit identified a number of nonconformities in relation to regulatory requirements. Background The audit was linked to the processing of […]

  • WTS Acquires Maritime Protection (Norway)

    11 April 2013
    Business & Finance

    Wilhelmsen Technical Solutions AS (WTS) signs the agreement to acquire 100% of the shares in Maritime Protection AS (MP), strengthening the inert gas portfolio for the marine and offshore segments. Subject to certain conditions, the transaction will be closed 25 April 2013. “I am very excited that we show our commitment to the maritime industry […]

  • Odfjell Sells Stake in Jiangyin Terminal

    16 July 2019
    Business & Finance

    Odfjell SE has finalized the sale of its stake in Odfjell Terminals (Jiangyin), China.

  • ADS Crude Carriers to Pay More for Scrubber Installations

    22 August 2019
    Business & Finance

    The expected investment increased to around USD 6.5 million, from the previously guided USD 5.5 million per vessel.

  • DW Monday: Offshore storage for excess barrels

    8 February 2016

    Brent oil price reached lows of $27/bbl in mid-January, but has recovered over the past two weeks to above the $30/bbl mark. Nevertheless, volatility is expected to remain as the market is yet to find a new equilibrium. So far, only modest cuts in US shale production have been realised, and global oil supply has […]

  • Oil & Gas UK updates guidelines for FPSO ops

    24 November 2014

    Oil & Gas UK has today (November 24, 2014) published two updated sets of guidelines to help operators of Floating Production Storage and Offloading facilities (FPSOs), Floating Storage Units (FSUs) and offtake tankers to adopt advances in industry good practice. Oil & Gas UK’s operations director, Oonagh Werngren, explains: “Issue 2 of the Mooring Integrity […]

  • BOA Management Readies to Lift Norwegian Sinking Frigate

    14 November 2018
    Business & Finance

    The plan is to lift the vessel and transfer it to a semi-submersible barge.

  • GD NASSCO and TOTE Win Prestigious Nor-Shipping Award

    13 June 2013

    TOTE’s 3100 TEU LNG-powered containerships took home the Next Generation Award at Nor-Shipping 2013 on June 4 in Oslo, Norway. TOTE, Inc. and General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics, jointly applied for the award. The Nor-Shipping Next Generation Award recognizes the ship project that demonstrates the greatest advances in design, as assessed […]

  • Ocean Yield Sees Steady Profit, Rise in Revenue

    13 July 2016
    Business & Finance

    The Oslo-listed Ocean Yield ASA has seen its total revenues for the second quarter of 2016 rise to USD 70.1 million, compared with USD 63.2 million reported in the same period a year earlier, following the delivery of three vessel on long-term charter. Namely, the company added the chemical tanker Navig8 Turquoise, the LR2 product tanker Navig8 Steadfast and the car carrier […]

  • Proman Shipping Names Its Largest Vessel Yet

    13 December 2018
    Business & Finance

    Hyundai Mipo Dockyard hosted a naming ceremony for a 52,000-tonne methanol carrier being built for MOL.

  • Clarksons: Shipowners Favor VLCCs

    21 June 2017
    Business & Finance

    With contracting this year only slightly less subdued than in 2016, there has been a welcome influx of activity in the very large crude carrier (VLCC) sector, Clarksons Research informed. In the first five months of 2017, there have been 27 VLCCs of a combined 8.5 million dwt reported ordered. This is a 366% increase year-on-year in […]

  • US Marine Transportation Capacity Set for 25 Pct Rise

    27 June 2014
    Business & Finance

    Petroleum accounts for the largest share of cargo carried on the water, with well over two billion barrels of petroleum and petroleum products moving on the nation’s (US) waterways each year, AWO President & CEO Tom Allegretti said while appearing before the American Petroleum Institute’s Tanker Conference in Austin, adding that “the transformation of the […]

  • Gulf Navigation’s Q3 Profit Soars

    2 November 2015
    Business & Finance

    Dubai-based tanker owner and operator Gulf Navigation Holding PJSC (Gulfnav) has reported a 123% profit growth at the end of the third quarter of 2015 compared to the same period from last year.  The company said that it has released its latest financial statement amidst its strong and consistent financial turnaround and continuous intensified efforts to […]

  • ReCAAP: Asian Maritime Crimes at 12-Month Low

    10 March 2016

    The number of  incidents of armed robbery against ships in Asia has reached its lowest level in February 2016 when compared to the previous twelve months, according to the latest report from Asian piracy watchdog ReCAAP ISC. There was a total of three incidents reported, none of which was related to piracy. Furthermore, there were no incidents involved hijacking of […]