10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Teekay makes change to senior management

    9 October 2015

    Vancouver-based Teekay Corporation, one of the world’s largest operators of LNG tankers, informed that a long-time company leader David Glendinning, president, Teekay Gas Services, has decided to retire, as of December 17, 2015, after more than 28 years at Teekay.

  • Vietnam: Dungquat Shipyard Repairs Vietsovpetro’s AHTS

    10 November 2011
    Business & Finance

    AHTS “Sao Mai 03”, the second service vessel of Vietsovpetro J.V., has been repaired in Dungquat Shipyard. Its dimension is 64.4 m long, 13.8 m wide with the load of 1,190 tons and main engine capacity of 2 x 3520 BHP. On 07 November 2011 the AHTS “Sao Mai 03” has been delivered to Vietsovpetro […]

  • BAE Systems: Latest Shipbuilding Activities (USA)

    3 April 2013
    Business & Finance

    BAE Systems has offered an insight into the latest shipbuilding activities which includes major shipping companies that supply the offshore energy industry, dredging operations and cargo transportation. “Having completed in 2012 the American Phoenix¸ a 616-foot-long chemical tanker, we are now under contract to build several additional vessels,” announced baesystems.com. The Jacksonville, Florida shipyard is on […]

  • Hyundai Mipo to Build Car Carrier Pair for European Company

    12 July 2019
    Business & Finance

    Hyundai Mipo Dockyard secures order for two car carriers.

  • Qatari LNG Heads for UK

    20 January 2012
    Vessels

    UK’s South Hook liquefied natural gas terminal is expected to receive a cargo of LNG on January 27, according to the Milford Haven Port Authority website. The Al Mayeda LNG tanker, with a capacity of 266,oo0 cbm, is sailing from Ras Laffan, Qatar. The South Hook terminal can process 15.6 million tonnes of LNG a year […]

  • Bermuda: SHI Delivers Suezmax Vessel Nordic Aurora to NAT

    23 September 2011

    Nordic American Tankers yesterday took delivery of the suezmax vessel that the Company agreed to acquire from an unrelated third party in early September this year. The double hull suezmax vessel built at Samsung Heavy Industries, Korea, has been named Nordic Aurora. Including the delivery of the newbuilding Nordic Zenith from Samsung Heavy Industries in […]

  • Navios Charters Out VLCC

    11 September 2015
    Business & Finance

    NYSE-listed tanker owner and operator Navios Maritime Acquisition Corporation has found a 2-year charter gig for one of its Very Large Crude Carriers (VLCCs). Navios chartered out the 2003-built Nave Neutrino to ”a high quality counterparty” for two years at an average rate of USD 40,500 net per day with the first and last month of the […]

  • Qatari LNG Bound for UK

    25 June 2013
    Vessels

    UK’s South Hook LNG terminal is expected to receive a cargo of LNG next week from Qatar, according to the Milford Haven Port Authority website. The Al Mayeda LNG tanker, with a capacity of 266,oo0 cbm, is due to arrive at the South Hook terminal on July 1. The South Hook terminal can process 15.6 million […]

  • Gate set for Hammerfest LNG cargo

    22 May 2015
    Vessels

    Dutch Gate LNG terminal in the port of Rotterdam is about to receive a cargo of the chilled gas from Statoil’s Hammerfest plant in Norway.

  • Grain LNG terminal marks 10th anniversary

    27 July 2015

    National Grid’s LNG terminal at the Isle of Grain is marking its 10th anniversary since opening in 2005. Grain can supply the equivalent of 20 percent of the UK’s gas demand and deliver 15 million tonnes of gas each year. “With gas imports set to increase to 75% of gas demand by 2035, Grain is […]

  • ”K” Line plans big LNG fleet expansion

    2 March 2015
    Vessels

    Kawasaki Kisen Kaisha (”K” Line) of Japan said it aims to expand its fleet of LNG carriers to 61 vessels by FY 2019. The shipping giant has or co-owns 41 LNG tanker and it plans to add four by FY 2017, and eighteen by FY 2019, it revealed in its medium-term management plan on Monday. […]

  • Grain LNG to offer reload services

    30 April 2015

    National Grid’s Liquefied Natural Gas facility at the Isle of Grain is to offer a reload service to market, the first time such a service has been offered in the UK.

  • First March LNG cargo for UK’s South Hook

    24 February 2015
    Vessels

    The UK’s South Hook LNG import terminal is expected to receive its first cargo of the chilled gas for the month of March. One of the biggest LNG tankers in the world, the 266,000 cbm Zarga, is transporting the cargo from Qatar, and it is due to dock at South Hook’s jetty on March 3. The […]

  • JAPEX to Build LNG Terminal in Japan

    28 November 2013

    Japan Petroleum Exploration Co. (JAPEX) will build a new import terminal for liquefied natural gas at Soma Port in Fukushima Prefecture, the company said in a statement. The terminal will have one LNG storage tank, an LNG tanker berth, and the project also includes adding 40 km of pipeline that will connect the LNG terminal […]

  • Clarksons forecasts 40 million CGT output for 2024-2025 after record year for car carriers

    15 January 2024
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    As the maritime industry charts a course for robust growth, Clarksons Shipbroking foresees a substantial increase in global shipbuilding activities, primarily driven by the growth in South Korean output. Clarksons’ estimations project a noteworthy 40 million compensated gross tonnage (CGT) output for the consecutive years of 2024 and 2025. The global shipyard output experienced a […]

  • Schlumberger Acquires Equity Shares in Framo Engineering AS (Norway)

    29 June 2011
    Business & Finance, Operations & Maintenance

      Schlumberger announced the acquisition of the remaining equity shares from Frank Mohn AS in Framo Engineering AS—a privately owned Norwegian company specialized in the business of developing, manufacturing and selling products and services relating to multiphase pumps and subsea pump-systems, multiphase metering systems, and swivels and marine systems to the oil and gas industry. […]

  • TEN Reports Lower Profit, Gears Up for Newbuild Deliveries

    1 June 2016
    Business & Finance

    Greek tanker owner and operator Tsakos Energy Navigation Limited (TEN) posted a net income of USD 25.4 million in the first quarter of 2016, down from last year’s USD 37.2 million amid less operating days due to scheduled drydockings. Namely, three suezmaxes were sent to drydocking in order to install necessary regulatory upgradings, losing 121 operating days in Q1, which equals […]

  • NGO Shipbreaking Platform: 24 Deaths Recorded at Beaching Yards in South Asia

    18 October 2018

    NGO Shipbreaking Platform: 24 deaths and 9 injuries were recorded at beaching yards in South Asia

  • ABS, Lloyd’s Register Join Forces to Address Industry Challenges

    7 December 2012
    Business & Finance

    Industry feedback from shipyards, designers and shipowners on the first draft of the harmonized IACS Common Structural Rules for tankers and bulk carriers (CSR-H) has highlighted their common concerns that the expanded scope of the proposed new Rules could significantly slow the design process and increase associated costs if class societies do not provide more […]

  • Sovcomflot Participates in Economist’s Arctic Summit

    29 March 2013

    OAO Sovcomflot President Sergey Frank presented a report at an Arctic summit organised by The Economist, a well-respected British magazine. The aim of the forum in Oslo was to discuss the most pressing issues concerning geopolitical and economic development in the Arctic, the ecological state of the region and the prospects of it changing in […]

  • Moore Stephens: Shipping Confidence Down in the Dumps

    24 March 2016

    Overall confidence levels in the shipping industry fell to a record low in the three months to February 2016, according to the latest Shipping Confidence Survey from shipping adviser Moore Stephens.  The average confidence level expressed by respondents in the markets in which they operate was 5.0 on a scale of 1 (low) to 10 […]

  • Frontline buys six ECO VLCC newbuilds for $565.8 million

    19 May 2021
    Environment, Transition, Vessels

    Norwegian tanker owner and operator Frontline has entered into an agreement to acquire six ECO-type VLCC newbuildings through resale. The six VLCCs are currently under construction at the Hyundai Heavy Industries shipyard in South Korea. The VLCCs are being bought for $565.8 million, including an estimated $25.7 million in additions and upgrades to the standard […]

  • Norden benefits from dry bulk market’s bumper year

    12 October 2021
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy

    Danish shipping company Norden is capitalizing on rising asset values in the dry cargo market through vessel sales, with several units sold in the past few months.

  • Teekay LNG posts rising second-quarter profit

    1 August 2019

    Teekay LNG Partners, one of the world’s largest owners of LNG carriers, reported a rising profit for the second quarter of the year. 

  • Shots Fired at Merchant Vessel off Somalia

    17 October 2018

    A merchant vessel was attacked in the Gulf of Aden, offshore Somalia.