10000 results found for 'tanker'

10000 results found for 'tanker'
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  • 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 […]

  • UPDATE: Genco Challenger Stays in Service after Stabbing Incident

    21 August 2014
    Business & Finance

    The recent stabbing incident onboard tanker Genco Challenger that resulted in two seafarers dead and one injured will not affect the vessel’s operation as “Genco Challenger remains in service”, Genco Shipping & Trading Limited said in a statement. In addition, Genco said that it did not expect this matter would result in any negative impact […]

  • Impairments Hurt FSL Trust’s Q2 Earnings

    3 August 2017
    Business & Finance

    Singapore-based First Ship Lease Trust (FSL Trust) posted a net loss of USD 21.8 million in the second quarter of 2017 due to USD 24.1 million of non-cash impairment on eight ships in its fleet. The loss was reported against a USD 7.7 million profit booked for the corresponding quarter in 2016. Revenue declined 17.4% year-on-year, primarily […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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.

  • Singapore: Two More Bodies of Dredger Crew Recovered, One Still Missing

    23 October 2017

    Two more bodies of seafarers, former crew members of JBB De Rong 19 dredger, have been recovered in Singapore territorial waters since the fatal collision between the dredger and tanker Kartika Segara that occurred on September 13. This brings the total body count to four of the five persons that went missing following the accident, according […]

  • 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.

  • 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 […]

  • Qatari LNG Bound for UK

    19 June 2013
    Vessels

    The Al Gattara liquefied natural gas tanker, with a capacity of 216,000 cubic metres, is due to arrive in the UK’s South Hook terminal from Qatar on June 26, according to the Milford Haven Port Authority website. The South Hook terminal can process 15.6 million tonnes of LNG a year and is capable of delivering […]

  • UK set for first June LNG delivery

    26 May 2015
    Vessels

    The UK’s South Hook LNG terminal is scheduled to receive first July cargo of Qatari liquefied natural gas.

  • Zeebrugge books first April LNG cargo

    25 March 2016
    Vessels

    Belgium’s Zeebrugge LNG terminal is scheduled to receive its first April cargo from Qatar.

  • Nigeria LNG cargo heading for Huelva

    8 June 2015

    Port of Huelva in Spain is scheduled to receive a shipment of LNG from Nigeria next week.

  • Navig8 Raises Cash to Order Additional VLCCs

    21 March 2014
    Business & Finance

    Navig8 Crude Tankers Inc has concluded secondary private placement and raisedUSD 245 million at a subscription price of USD 13.50 per share. The Private Placement money will be used to boost VLCC orderbook with six (6) additional newbuild orders as well as the existing eight (8) VLCC newbuilds already ordered by the company at Hyundai […]

  • CMES Eyes 10 VLCC Order

    4 December 2015
    Business & Finance

    China Merchants Energy Shipping (CMES) is planing to order up to ten Very Large Crude Carriers (VLCC) from three domestic shipyards. The company’s board approved the decision at its meeting held on December 3, CMES said in a stock exchange filing. CMES added that it would disclose more details on the announcement once the contracts […]

  • USS ‘Bulkeley’ frees ship and crew from pirates

    9 March 2011

    A request for assistance from a Japanese-owned merchant vessel in the Somali Basin led to Combined Maritime Forces (CMF) warship USS ‘Bulkeley’ securing the release of the vessel and its 24 crew members from four suspected pirates on March 6. At approximately 15:00 local time on March 5, the oil tanker ‘Guanabara’ reported it was […]

  • Australia: Inpex Starts Survey of Darwin Harbor

    10 July 2012

    Inpex, an energy giant, is ramping up preparations for dredging of a shipping channel in Darwin Harbour, ABC News reported. The deepened channel will enable the traveling of large LNG tankers through the harbour to Blaydin Point, place where a multi-billion dollar plant is being built to process gas piped from the Ichthys field in […]

  • Enagas: increased use of LNG storage facilities

    15 October 2014

    Enagás of Spain said that the use of the LNG storage facilities at its plants has grown significantly over this last quarter and has increased from an average monthly use of 40% in the previous year to 60% in the month of September 2014. Furthermore, storage usage in several days in August reached 70% of […]

  • LNG Carrier Due at UK South Hook Next Week

    2 December 2011

    The Al Mafyar liquefied natural gas tanker, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal December 9, according to the Milford Haven Port Authority website. The South Hook terminal can process 15.6 million tonnes of LNG a year and is capable of delivering 21 billion cubic […]

  • Dahej set for Qatari LNG cargo

    10 June 2015
    Vessels

    India’s largest LNG terminal located at Dahej in Gujarat is expected to receive a cargo of the chilled gas from Qatar this week.

  • Sweden: Nynas to Commission Chemical-Free Alfa Laval PureBallast Onboard Two Newbuildings

    22 May 2012

    2012 is a critical year for the IMO Ballast Water Convention and for Swedish oil products supplier Nynas AB. According to industry sources, it will be the year that the Convention will see ratification. It will also be the year that Nynas will commission chemical-free Alfa Laval PureBallast onboard two newbuildings and Alfa Laval PureBallast […]