10000 results found for 'tanker'

10000 results found for 'tanker'
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  • DHT Holdings Takes Delivery of VLCC Jaguar

    26 November 2015
    Business & Finance

    Bermuda-based crude oil tanker company DHT Holdings took delivery of a very large crude carrier (VLCC) newbuilding on November 23 from South Korean shipbuilder Hyundai Heavy Industries. The new 299,900 dwt VLCC vessel, named DHT Jaguar, has already entered the spot market. DHT Jaguar is the first of a series of six VLCC newbuildings to be delivered to the company […]

  • CSDC In for Stronger 2015 Profit

    1 February 2016
    Business & Finance

    Shanghai-based shipping company China Shipping Development Co (CSDC) expects a positive profit for 2015 in light of a strong tanker shipping market, the company said. CSDC said that 2015 net earnings are expected to be between CNY 320 million (USD 48.6 million) and CNY 400 million (USD 60.7 million). The number would represent an increase […]

  • Picture of the day: Arctic Princess, Independence meet in Lithuania

    22 July 2015
    Vessels

    Today’s picture of the day shows Hoegh LNG’s Arctic Princess LNG tanker and FSRU Independence LNG side by side while docked in Klaipeda, Lithuania during a ship-to-ship LNG transfer. Arctic Princess left the port on July 21st and headed for her next destination, Port of Skagen, Denmark, where she is expected to arrive today. FSRU […]

  • Picture of the day: Arctic Princess, Independence meet in Lithuania

    22 July 2015
    Vessels

    Today’s picture of the day shows Hoegh LNG’s Arctic Princess LNG tanker and FSRU Independence LNG side by side while docked in Klaipeda, Lithuania during a ship-to-ship LNG transfer. Arctic Princess left the port on July 21st and headed for her next destination, Port of Skagen, Denmark, where she is expected to arrive today. FSRU […]

  • LNG Carrier Collides with VLCC off Fujairah

    25 March 2019

    An LNG carrier has been involved in a collision with a VLCC off Fujairah.

  • 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.

  • Managing GM Xu Lirong Attends 2012 World Shipping Annual in Xiamen, China

    27 September 2012
    Business & Finance

    At the meeting, Managing GM Xu Lirong delivered a speech under the title of “ strategic cooperation and cooperative development in the reverse shipping market”, calling on all the shipping companies to cooperate with other parties in the fields of fleet construction, strategy of the enterprises, risk prevention, enterprise marketing for a healthy, steady, safe […]

  • Picture of the Day: Hammerfest LNG Terminal

    14 March 2014

    Statoil of Norway operates Europe’s first export facility for liquefied natural gas located on Melkøya island near Hammerfest. The Arctic gas from the Snøhvit field in the Barents Sea is sent ashore through a 143-kilometre-long pipeline to the LNG export facilty, and it is processed before being cooled down to liquid form and shipped on […]

  • Navios Acquisition Takes Delivery of VLCC ‘Nave Galactic’

    6 February 2014
    Business & Finance

    Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, has taken delivery of the Nave Galactic, a 2009-built VLCC of 297,168 dwt. The Nave Galactic was purchased for $51.5 million, as part of the three VLCCs acquired in November 2013. Navios Acquisition also reported that the Shinyo Navigator, a 300,549 dwt VLCC built in […]

  • 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. 

  • d’Amico Adds Two Eco-Ships to Its Fleet

    6 October 2015
    Business & Finance

    d’Amico International Shipping S.A. has launched two eco-ships today at the shipyards of Hyundai Vinashin Shipyard Co. Ltd  in Vietnam, bringing the fleet to over 50 units. The vessels Cielo di Ulsan, a handysize Ice Class of 39,000 tons and High Trader, a medium range 50,000-ton product tanker boast innovative design, elevated performance in terms of energy […]

  • StealthGas Posts Record Revenues, Remains “Cautiously” Optimistic

    26 May 2017
    Business & Finance

    StealthGas, a shipping company serving the LPG sector, reported record revenues in the first quarter of 2017, reaching USD 38.1 million, compared to revenues of USD 36.5 million seen in the same period a year earlier.  The rise was attributed to increased fleet utilization and a slight increase in market rates. The company’s net income stood at USD […]

  • China: Members of DNV Visit Rongsheng Group

    15 June 2011

    In the afternoon of 13th of June, Chief Operations Officer & Executive Committee member Mr. Bjorn Kj.HAUGLAND, and Director of Operations Mr. Trond Hodne of DNV with their entourage visited our company. President Mr. Chen Guorong, Vice President Mr. Zhao Zhongwu and President Assistant Mr. Zhou Yang provided a warm welcome for them. Both sides […]

  • China: New Shipbuilding Orders Decreased by 49%

    23 August 2012

    In the first half of 2012, the global economic downturn and weak international trading activities continued to exert pressure on the shipping industry, which has been struggling since the second half of 2011. The imbalance between supply and demand of the shipping industry further worsened, leading to a reduced overall shipbuilding demand, and new shipbuilding […]

  • 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.

  • Shots Fired at Merchant Vessel off Somalia

    17 October 2018

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

  • USA: BAE Systems Cuts Steel for Construction of TSHD MV Magdalen

    10 June 2012
    Business & Finance

    BAE Systems has begun construction on the MV Magdalen, an 8,500 cubic yard capacity trailing suction hopper dredge for Weeks Marine, Inc. Executives from the two companies gathered this week at the BAE Systems Mobile shipyard to oversee the initial cutting of steel for the vessel’s first module, which will weigh 130 tons. When complete […]

  • Alexander Spirit Back in Australian Waters, but with Foreign Crew

    9 September 2015
    Business & Finance

    The fuel tanker Alexander Spirit has returned to Australian coastline carrying fuel, however the ship’s former Australian crew has been replaced by foreign labour force, according to the Maritime Union Australia. The Alexander Spirit is currently in Townsville, before arriving in Cairns on Thursday, then on to Groote Eylandt. The 36 Australian crew members of […]

  • Moore Stephens: Shipping Confidence Slips on Geopolitical Factors

    25 September 2018
    Business & Finance

    Moore Stephens: Shipping confidence dipped very slightly in the three months to end-August 2018.

  • USA: AET Receives World’s First Purpose-built LSV

    7 October 2011
    Business & Finance

      Cementing its leadership position in the US Gulf lightering sector, international petroleum tanker owner-operator AET has accepted delivery of the world’s first purpose-built lightering support vessel (LSV). The new craft, designed by Elliott Bay Design Group of Seattle and built by Leevac Industries in Louisiana was formally named at AET Offshore Service’s headquarters in […]

  • France’s Dunkirk LNG to receive record number of cargoes in July, plans 45-day maintenance

    23 July 2018

    France’s Dunkirk LNG import terminal, the country’s fourth regasification facility, is set to receive a record number of cargoes in July ahead of a planned 45-day maintenance shutdown. The Dunkirk LNG terminal took in total four cargoes this month and is expecting another shipment from Novatek’s Yamal LNG project in the Russian Arctic on July 28, a spokesman from […]

  • Awilco LNG secures charter deal for WilPride

    6 June 2019
    Project & Tenders, Vessels

    Norwegian LNG transportation provider Awilco said it has secured a new charter deal for its 2013-built tanker WilPride. 

  • Waterfront Shipping orders 8 methanol dual-fuel ships from Hyundai Mipo Dockyard

    1 December 2020
    Business & Finance, Environment, Transition, Vessels

    Canada-based Waterfront Shipping Company (WFS), a wholly-owned subsidiary of Methanex Corporation, has placed an order for eight new methanol dual-fuel vessels with South Korean shipbuilder Hyundai Mipo Dockyard. The vessels will add to WFS’s existing fleet of 11 methanol-fuelled ships, which have been recognized by the marine industry for their use of clean-burning methanol as […]

  • SCF Inks Financing, Charter Deals for New Icebreaking LNG Carrier

    4 November 2019
    Business & Finance

    The financing deal was agreed with VEB.RF Group, while a time charter contract was signed with NOVATEK Group.