10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Clarksons: South Korean yards reclaim throne in orders, while China claims dominance in ship owning

    14 August 2023
    Business & Finance, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Vessels

    South Korea’s shipbuilding prowess has once again taken the spotlight as it recaptured the top spot in global shipbuilding orders after a five-month hiatus. South Korean shipyards secured 44 percent of the global total of 3.33 million compensated gross tons (CGTs), accounting for orders totaling 1.46 million CGTs to construct 29 ships, July data from […]

  • Chinese Shipyards Vying to Enter LNG Market

    5 August 2014
    Business & Finance

    Shipyards in China are pushing to secure around USD 10 billion worth of new LNG orders until 2020, in an effort to revive the country’s faltering shipbuilding sector.   This latest incentive to form natural gas delivery vessel fleet of their own is aimed at bolstering China’s chances at challenging South Korean and Japanese shipyards that […]

  • IMO SDC Approves SOLAS Amendments

    25 February 2015

    The Sub-Committee on Ship Design and Construction of the International Maritime Organization (IMO) approved amendments to SOLAS and other international documents at its second session (SDC2) held on February 16-20, 2015 at IMO Headquarters in London. The Sub-Committee approved the amendments to SOLAS chapter II-1 related to intact stability, information on stability provided to masters, […]

  • Fourfold Profit Jump for SCF

    21 March 2016
    Business & Finance

    Russia’s largest shipping company SCF Group (PAO Sovcomflot) saw a major upswing in its full-year results recording a net profit of USD 354.5 million against USD 83.9 million reported in 2014. The company said that its total future contracted revenues amounted to USD 8.5 billion. In addition, the company’s gross revenue increased by 7.6 per cent […]

  • Top News of the Week February 10 – 15, 2014

    16 February 2014

    Containership Collides with Chemical Tanker in Singapore Strait The Maritime and Port Authority of Singapore (MPA) received a report that today a collision had occurred between the departing Liberia-flagged containership “Hammonia Thracium” and the Panama-flagged chemical tanker “Zoey” in the Singapore Strait, off Sebarok Island (about 10km south of mainland Singapore). Kyokuyo Shipyard to Build […]

  • Chile receives first Sabine Pass LNG export cargo

    14 June 2016
    Vessels

    Chile’s Quintero LNG terminal has received its first cargo from Cheniere’s Sabine Pass LNG export terminal in Louisiana. This is the first U.S. LNG cargo produced from shale gas to reach Chile. The 155,000 cbm GasLog Shanghai LNG tanker arrived at the regasification terminal, located in the Bay of Quintero on June 11. The Sabine Pass […]

  • SIU Urges Canada to Uphold Labour Rules for Foreign Crew

    10 October 2017
    Business & Finance

    The Seafarers’ International Union of Canada (SIU) has called on the Federal Government to uphold labour standards for foreign sailors after it found that the crew onboard a Singapore-flagged vessel were being paid less than CAD 2 per hour. Seafarers aboard the chemical tanker Bro Anna, which has been active in Canadian waters since June 2017, could be making as little […]

  • Drewry: Oversupply to Put More Pressure on Chemical Shipping Rates

    8 August 2017
    Business & Finance

    The shipping fleet trading in chemical and vegoil markets is set to accelerate at a much faster pace than demand, weakening earning prospects, shipping consultancy Drewry said. Tonne-mile demand is expected to grow at 2.9% in 2017, and the fleet trading in chemicals/vegoils will expand by 9.5% by the end of this year, representing the […]

  • DryShips Cuts Loss, Sees Rise in Revenues

    28 February 2018
    Business & Finance

    DryShips cut its net loss and delivered a rise in revenues for the year ended December 31, 2017.

  • WinGD, MISC partner on technology & training for ammonia engines

    3 July 2023
    Business Developments & Projects, Collaboration, Human Capital, Technology

    Swiss marine power company WinGD has entered into a collaboration agreement with shipowner and operator AET and maritime academy Akademi Laut Malaysia (ALAM), both part of MISC Group, to develop technology and training for ammonia engines.

  • d’Amico’s First LR1 Ships Hit the Water

    19 October 2017
    Business & Finance

    Today, d’Amico International Shipping (DIS), a Milano-listed company specializing in the transport of refined petroleum products and vegetable oils, launched the first three LR1 (long-range) vessels in its history, at the Hyundai Vinashin shipyard in Vietnam. The company invested USD 131 million in the construction of the three 75,000-tonne ships. These vessels are ecologically friendly, can transport […]

  • LEWA Launches New Triplex Drive Unit

    15 January 2014
    Equipment

    More flexibility, less damage to the environment, and improved reaction to price fluctuations: In the future, Qatar’s tanker fleet will rely on dual-fuel engines which either run on heavy oil or liquefied natural gas. To do this, the boil-off gases are reliquefied under high pressure and injected into the ship’s engine. Since ships are always operating […]

  • UK: BMT Appoints Non-Executive Director

    13 February 2014
    Business & Finance

    BMT Group Ltd, a leading international design, engineering and risk management consultancy, has announced that Mr Jan Kopernicki has joined the Board of Directors as a non-executive Director. Jan has extensive experience in the shipping industry, with his career at Shell spanning over 40 years. As Head of Shipping until his retirement in 2011, his […]

  • Eni Opens First LNG Fuelling Station in Italy

    29 April 2014

    Eni on Tuesday unveiled Italy’s first liquefied natural gas fuelling station for heavy duty vehicles, located in Piacenza. The Piacenza LNG fuelling station is the first in a series that Eni intends to open over the next four years along major Italian roads and is part of the company’s commitment to promoting the use of […]

  • Alexander Spirit Crew Supporters Hit the Streets Again

    20 July 2015
    Business & Finance

    Supporters of the Alexander Spirit crew have hit the streets again today with a crowd of a couple of hundred strong protesting outside the Caltex-run Kurnell refinery, condemning the company’s treatment of the fuel tanker’s crew and the wider working public, the Maritime Union of Australia (MUA) said. In addition to Maritime Union of Australia members, the group […]

  • FWC Stands Its Ground on Alexander Spirit Ruling

    10 July 2015
    Business & Finance

    The Full Bench of Australia’s Fair Work Commission has upheld today its ruling over a dispute onboard the Alexander Spirit according to which the crew’s industrial action is illegal, dismissing the Maritime Union of Australia’s (MUA) appeal. FWC ordered protesting 36 crew members of the fuel tanker Alexander Spirit, docked in Devonport, north-west Tasmania, to […]

  • First Transshipment of GDF Suez’s LNG Cargo at Montoir Terminal

    15 April 2014
    Vessels

    GDF Suez announced the transshipment of a liquefied natural gas cargo at the Montoir-de-Bretagne LNG terminal. The liquefied natural gas, originating from the Snøhvit liquefaction plant in Norway, was shipped to Montoir-de-Bretagne, where it was then transshipped to a second LNG tanker that will deliver the cargo to the end customer in Asia. The two […]

  • Denmark: Maersk Line Tests New Exhaust Gas Cleaning System

    19 September 2011
    Business & Finance

      As part of its drive to cut sulphur emissions from its fleet towards zero, Maersk Line will test a new exhaust gas cleaning system. “Sulphur is a major problem for our industry. We are concerned with the impact on public health, in particular for people living close to busy ports,” says Jacob Sterling, Head […]

  • HHI Beats 2018 Shipbuilding Order Target

    17 December 2018
    Business & Finance

    DSME, HHI beat expectations, exceed orderbook goals for 2018.

  • Saipem grabs two FPSO contracts offshore Angola

    16 April 2014
    Business & Finance, Equipment

    Saipem has been awarded two contracts in Angola by Total, for a combined total of more than $4 billion. The main contract is worth more than $3 billion, and is an EPCI for the engineering, procurement, installation and commissioning of two converted turret-moored Floating Production Storage and Offloading units for the Kaombo Field Development Project, […]

  • Teekay Offshore Secures 7-Year Charter for FPSO Unit

    1 November 2018
    Business & Finance

    Teekay Offshore Partners signed a conditional seven-year charter contract for FPSO Petrojarl Varg.

  • Two More VLCCs from BW Group Join DHT Holdings

    24 April 2017
    Business & Finance

    Crude oil tanker company DHT Holdings has taken delivery of two more very large crude carriers (VLCCs) from BW Group, the DHT Opal and the DHT Raven. Formerly named BW Opal and BW Lion, the VLCCs are the second and the third ships from a total of eleven vessels which were purchased from BW Group in March 2017. The […]

  • Iran Eyes FLNG Opportunities

    13 July 2015
    Business & Finance

    Iran is negotiating cooperation on construction of floating liquefied natural gas plants (FLNG) with an undisclosed industry major, according to the head of the National Iranian Gas Company Alireza Kameili. The announcement comes ahead of the long-anticipated deal on lifting of sanctions against Iran, which have, among other things, frozen several LNG projects. “Due to their high economic […]

  • Saipem Nets Two FPSO Contracts Worth Over $4 Bln

    16 April 2014
    Business & Finance

    Saipem has been awarded two contracts in Angola by Total, for a combined total of more than $4 billion. The main contract is worth more than $3 billion, and is an EPCI for the engineering, procurement, installation and commissioning of two converted turret-moored Floating Production Storage and Offloading units (FPSO) for the Kaombo Field Development […]

  • Marubeni joins Blue Visby Consortium to reduce shipping emissions via digital solutions

    3 August 2022
    Business Developments & Projects, Collaboration, Green Marine, IT & Software, Outlook & Strategy

    Japanese conglomerate Marubeni Corporation is participating in the Blue Visby Consortium to support the development of an integrated system that notifies ships of the optimal date and time for arriving at their destination. The recently launched consortium is aimed at helping the shipping industry eliminate the wasteful practice of “Sail Fast, then Wait” (SFTW) through a […]