10000 results found for 'tanker'

10000 results found for 'tanker'
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  • 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.

  • Masirah adds to Yumna well funds through investment round

    17 January 2020
    Project & Tenders

    Exploration and production company Masirah Oil has raised $21.5 million for drilling of the Yumna appraisal well offshore Oman.

  • Knightsbridge Fleet Merger Half-Way There

    17 September 2014
    Business & Finance

    Knightsbridge Tankers Limited has completed the first stage of its previously announced shares for vessels transaction with Frontline 2012 Ltd. Knightsbridge has issued 31 million shares in exchange for 11 Cape size bulk carrier newbuildings, and two Newcastlemax newbuildings. Back in April 2014, Knightsbridge Tankers and Frontline 2012 agreed to combine Frontline 2012’s remaining fleet of 25 vessels […]

  • Maritime Forces Responded to MV Tateyama’s Distress Call

    6 March 2014
    Business & Finance

    Combined Maritime Forces responded to a Thai-flagged VLCC’s distress signal when two skiffs began advancing on the vessel in a suspicious manner. On Friday 28 February, at 12:18pm, lookouts on board the Thailand flagged merchant cargo ship, MV Tateyama, saw two small motor-powered skiffs carrying several men behaving oddly around a mile away. Suddenly accelerating, […]

  • K Line Returns to Black

    31 October 2017

    Japanese shipping company Kawasaki Kisen Kaisha (K Line) has posted a profit of JPY 13.1 billion (USD 116.8 million) in the first half of 2018 fiscal year, covering the period from April to September, 2017, recovering from a loss of JPY 50.4 billion from the previous fiscal year. The rebound was mostly driven by an increase in handling […]

  • 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 […]

  • Synergy Marine, Alsym Energy jointly developing non-flammable rechargeable batteries for ships

    20 July 2022
    Business Developments & Projects, Technology

    Singapore-based ship manager Synergy Marine and the US developer of next-generation rechargeable batteries Alsym Energy have teamed up to develop low-cost, non-flammable rechargeable batteries for shipping vessels. As disclosed, the partners will, in collaboration with Japanese shipowner Nissen Kaiun, jointly develop applications specific to the marine shipping industry using Alsym’s technology. As part of the […]

  • Bahri aims to enhance operations with fleet performance monitoring center

    5 September 2022
    Business Developments & Projects, Green Marine, Operations & Maintenance

    Saudi Arabian logistics and shipping company Bahri has launched the first phase of its Fleet Performance Monitoring Center (FPMC), set to enhance operations in the areas of speed and consumption, energy efficiency and hull performance. Bahri aims to develop it into a centralized support system that provides data and analytics-driven guidance which will be used […]

  • Frontline to acquire 24 VLCCs from Euronav for $2.35 billion as part of talks to end ‘structural deadlock’

    5 October 2023
    Business & Finance, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Transition, Vessels

    Belgian tanker major Euronav NV confirmed the recent flurry of speculations engulfing discussions between two of its major stakeholders, Frontline and CMB NV. The rumors have stirred up volatility in Euronav’s share price, subsequently prompting the suspension of Euronav shares on Euronext Brussels. In a bid to shed light on the situation, Euronav said that […]

  • Repsol reopens North Sea field after oil spill-related shutdown

    6 May 2022
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders

    Repsol has experienced production interruption at its operated Yme field located offshore Norway but the field has now been restarted.

  • SGO to Provide Divers for VLCC Amuriyah Salvage Operations

    13 March 2014
    Business & Finance

    Sterling Global Operations (SGO) has been chosen to provide surface – supplied divers for unexploded ordnance search and removal and salvage operations for the sunken 82,000-ton VLCC  Amuriyah, an Iraqi tanker sunk near Bubiyan Island off the coast of Kuwait in Jan. 1991 during Operation Desert Storm. Special Diving Services (SDS) Holland hired SGO for this project. “For years SGO has conducted […]

  • SFL: USD 1.2 Bn Invested in New Vessels in 2018

    28 February 2019
    Business & Finance

    SFL: USD 1.2 billion of new investments in 2018.

  • TORM to Streamline Operations Across Its Fleet with Inmarsat XpressLink

    20 September 2012
    Business & Finance

    Inmarsat, the leading provider of global mobile satellite communications services, announces that Copenhagen-based TORM A/S, one of the world’s leading carriers of refined oil products and dry bulk cargo, will deploy Inmarsat XpressLink to its owned bulk carrier and tanker fleets. The XpressLink roll out will commence with 17 ships and the remainder of the […]

  • HHI Linked to IRISL’s Boxship Order

    6 April 2016
    Business & Finance

    Korean shipbuilder Hyundai Heavy Industries (HHI) is said to be on the brink of winning a potential order for three 14,500 TEU container ships from Iranian shipping company IRISL. IRISL, which is reportedly in talks with the HHI and some other yards in both Korea and China, is expected to pay USD 125 million per ship, according […]

  • 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. 

  • 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.