10000 results found for 'tanker'

10000 results found for 'tanker'
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  • MOL, Pavilion Gas Sign Long-Term Deal for LNG Bunker Ship

    25 February 2019
    Business & Finance

    MOL signed a contract with Pavilion Gas to build and operate Asia’s largest LNG bunkering vessel in Singapore.

  • GALLERY: Towing of broken up Wakashio gets underway

    18 August 2020
    Vessels

    Towing operation of the bow section of the ill-fated bulk carrier Wakashio that split in two after running aground off Mauritius causing a major environmental disaster has been launched earlier today. Images released by the Ministry of the Environment of Mauritius show that two tugs have managed to set up the tow lines and are […]

  • Poten: Unipec king of VLCC charters, Lukoil doesn’t make the cut

    6 January 2023
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Vessels

    Unipec, a wholly-owned subsidiary of China Petroleum & Chemical Corporation, remained the king of the VLCC charter market in 2022 with 746 reported fixtures, according to Poten & Partners. However, Russia’s Lukoil has dropped out of the top 20 spot charterers. This is mainly due to Russia’s war in Ukraine and subsequent sanctions on Russian […]

  • Saga Pure ASA pushes forward with investments in green technologies

    11 December 2020
    Business & Finance, Environment, Outlook & Strategy, Transition

    Saga Pure ASA, formerly known as Saga Tankers, has taken a 21.4 % stake in Bergen Carbon Solutions AS (BCS), a company that has developed a technology for converting CO2 to carbon nanofibers. The investment saw Saga Pure commit to subscribe for NOK 30 million ($3.4 million) in a gross NOK 40 million private placement […]

  • Wärtsilä’s propulsion package handpicked by PGT

    29 November 2024
    Business Developments & Projects, Equipment, Vessels

    Finland’s technology giant Wärtsilä is set to supply an integrated propulsion package for a new ship being constructed for the British tanker owner and operator Pritchard-Gordon Tankers (PGT) as part of the latter’s low emissions-focused fleet renewal program. As disclosed, the package comprises a ‘high performance’ and ‘fuel-flexible’ Wärtsilä 32 main engine, said to be […]

  • SSY: IMO measures fail to speed up global fleet rejuvenation

    27 November 2020
    Authorities & Government, Environment, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Rules & Regulation, Transition, Vessels

    The new IMO measures addressing greenhouse gas emissions (GHG) have been met with a lot of criticism from the industry as they are likely to slow down the demolition of older, less-efficient ships until they enter into force. To remind, the 75th session of the IMO’s Marine Environment Protection Committee (MEPC 75) approved, among other […]

  • Oikos Deepwater Jetty Starts Ops with Visit from BW Seine

    20 June 2019
    Business & Finance

    Tanker BW Seine marked the start of operations at Oikos Storage Ltd’s new deepwater jetty.

  • Portugal’s Sines to receive LNG cargo

    24 February 2016
    Vessels

    The 1981-built Ramdane Abane LNG carrier is to deliver a cargo of chilled gas to REN’s Sines LNG import terminal in Portugal on Wednesday. According to shipping data, the 126.132 cbm vessel is currently located near the LNG terminal that lies on Portugal’s Atlantic coast in the industrial area of Sines port. The LNG tanker is carrying […]

  • UK to Get LNG Cargo from Qatar

    3 January 2013
    Vessels

    The Murwab LNG tanker, with a capacity of 210,175 cbm, is due to arrive in the UK’s South Hook terminal from Qatar on January 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 metres […]

  • UK books another LNG cargo

    30 January 2015
    Vessels

    The UK’s South Hook LNG terminal has been scheduled for another delivery of Qatari LNG. The Al Samriya LNG tanker, with a capacity of 263,000 cbm, is sailing from Ras Laffan and is scheduled for arrival on February 5, port data reveals. It will be the first delivery to South Hook LNG terminal in February […]

  • Teekay Gas Market Update (VIDEO)

    14 June 2013

    In this Teekay video update, Market Analyst Christian Waldegrave gives his review of the 2013 gas market and looks ahead to what can be expected in the second half of 2013. This content is available after accepting the cookies. Change cookie-settings View on Youtube. Teekay LNG Partners, the third largest independent owner of LNG carriers, provides […]

  • West Vancouver will revisit decision to clear confusion over LNG ban vote

    12 August 2014

    West Vancouver council, earlier in July, voted to ask Ottawa to ban LNG tankers in Howe Sound, but recent reports from the local media say that many councilors did not understand the content of motion they voted on. Councilor Craig Cameron was reported saying that the vote was carried out after a presentation on a […]

  • Frontline, Frontline 2012 Merger Cleared

    30 November 2015
    Business & Finance

    The merger transactions between Frontline and Frontline 2012 have been approved today at the special general meeting of the shareholders of the respective companies. The merger will see Frontline as the surviving legal entity and Frontline 2012 becoming a wholly-owned subsidiary of Frontline, creating the second biggest tanker shipping company. The closing of the merger is expected to take […]

  • DS&R Lands Barge Construction Deal

    12 February 2014

    Donjon Shipbuilding & Repair (DS&R) has entered into a contract with Seabulk Tankers, Inc. to construct one 185,000 barrel coastal petroleum & chemical barge unit. This barge will become the barge component of an Articulated Tug and Barge (ATB) Unit. Delivery is expected in the first half of 2016. J. Arnold Witte, President and CEO […]

  • Euronav Cuts Net Loss in Third Quarter

    29 October 2019
    Business & Finance

    The company’s net loss was at USD 22.9 million, compared to a net loss of USD 58.7 million seen a year earlier.

  • New Offshore Shipping Player Buys Six PSVs

    1 November 2013
    Business & Finance

    Newly-established offshore shipping company Nordic American Offshore ( NAO ) has agreed to acquire six platform supply vessels from Blue Ship Invest ( BSI ). The vessels are of the PX121 type, and were designed and constructed by ULSTEIN in 2012-13. NAO has its source from the international tanker company Nordic American Tankers ( NAT […]

  • ICS Worried over Protectionist US Approach to LNG Exports

    29 June 2015

    The International Chamber of Shipping (ICS) has voiced serious concern about the potentially protectionist approach being taken by the U.S. with respect to the future transport of energy exports, despite the signal of the US Congress from last week that it would approve major free trade deals with Asia and Europe. “International ship operators, represented by ICS, […]

  • Tsakos Energy Navigation Sees Drop in Net Income

    12 September 2016
    Business & Finance

    Greek tanker owner and operator Tsakos Energy Navigation Limited (TEN) posted a net income of USD 16.4 million in the second quarter of 2016, down from USD 41.2 million reported in the same quarter in 2015. TEN’s fleet continued to operate at almost full utilization in the second quarter. Excluding the LNG carrier Neo Energy’s repositioning voyage […]

  • USA: Henry Hub price up, Sabine Pass exports cargo

    14 October 2016

    Natural gas spot prices in the United States increased almost everywhere in the week ending October 12 with the Henry Hub price rising 31¢ from last Wednesday, according to the weekly report by the Energy Information Administration. “Despite the high levels of natural gas storage stocks, prices seem to be elevated on increasing demand, which may […]

  • SK Shipping raising funds for LNG newbuilds

    15 October 2015
    Vessels

    South Korea’s SK Shipping is reportedly planning to raise $US600 million for the construction of four new LNG tankers.

  • Hydrex Performs Works in France and Portugal

    19 April 2013
    Business & Finance, Operations & Maintenance

    Hydrex teams carried out underwater steel repairs on vessels in France and Portugal. In France Hydrex carried out a pipe repair on a 210-meter bulk carrier berthed in Dunkirk and reinforced the weld seams of a leaking doubler plate on a 183-meter tanker in Marseille. In Setubal, Portugal, two repairs were carried out on bulk […]

  • Euronav inks $190.5 mln sustainability-linked loan for four newbuilds

    3 August 2023
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    Belgian tanker shipping major Euronav has received a commitment of $190.5 million to finance four newbuildings entering service in 2023 as part of the company’s latest sustainability-linked financing. Euronav has been working on its sustainability-linked financing since 2020, when it started converting its existing credit facilities to revolving facilities with specific targets for emissions reduction. […]

  • France: Bureau Veritas Significantly Shortens CAP Reporting Time

    21 July 2011
    Business & Finance

    Leading international classification society Bureau Veritas has slashed the reporting time for a Condition Assessment Programme report from three months to one month, and at the same time improved the accessibility and usability of the report. The dramatic shortening of time for the CAP programme reduces costs for tanker owners and makes the Bureau Veritas […]

  • UK Registered Fleet Shrinks

    19 February 2015

    The number of UK registered ships is currently at its lowest level since 2006, according to 2014 Shipping Fleet Statistics released by the UK Transport Department. The UK fleet experienced substantial growth between the late 1990s and 2008/09, when the industry started to feel the impact of the global recession. However, since 2009 there has […]

  • Drydocks Hands Over MCV Eagle Louisiana

    6 March 2014

    Drydocks World, the leading provider of maritime and offshore services to the shipping, oil, gas and energy sectors, announced the completion and delivery of 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 […]