10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Top Ships Sells Tanker Pair

    13 January 2015
    Business & Finance

    Nasdaq-listed tanker owner and operator Top Ships Inc. has sold and leased back two of its MR2 tankers, the M/T StenaWeco Energy and the M/T StenaWeco Evolution. The 2014-built, 49,737 dwt StenaWeco Energy and the 50,000 dwt newbuilding StenaWeco Evolution are expected to change hands in the first quarter of 2015. Following the sales, Top Ships will […]

  • Terrorist attack against super tanker

    6 August 2010

    The Japanese tanker M. Star was the subject of a terrorist attack when it sailed through the Strait of Hormuz on July 28, reports the United Arab Emirates state news agency quoting a source close to the investigation. ”A responsible source at the UAE Coast Guard said that investigations and an examination carried out by […]

  • Maersk Tankers, Cargill to launch a joint bunker procurement service

    23 February 2021
    Business & Finance, Collaboration, Vessels

    Maersk Tankers and commodity trader Cargill have formed a partnership that will see the two companies combine their bunker volumes. The partnership will offer a new bunker procurement service to tramp shipping companies and trading houses. Initially, the goal is to procure bunker fuel for Cargill and Maersk Tankers’ combined fleet of over 900 vessels, […]

  • Russia: BFC Takes Delivery of Oil Tanker Ksenia

    19 July 2012

    Baltic Fuel Company has taken delivery of the fourth tanker vessel in a series of non-self-propelled oil tankers of 2734 Project named Ksenia. Construction of the series at Baltic Shipyard was launched in January 2011, under a contract signed in November 2010. Order for construction of a series of tankers was funded with the assistance of […]

  • Scorpio Tankers to Build Seven VLCCs

    4 December 2013
    Business & Finance

    Scorpio Tankers Inc. yesterday announced that it has entered into agreements for the construction of seven Very Large Crude Carriers (VLCCs) and entered into an agreement with an unaffiliated third party to issue shares in exchange for the transfer of ownership to the Company of four MR product tankers currently under construction in South Korea. […]

  • E&S Tankers’ new ship bunkered with LNG in Antwerp

    19 February 2024
    Infrastructure, Vessels

    Dutch bunker supplier Titan has carried out liquefied natural gas (LNG) bunkering operation for E&S Tankers, a Germany-based joint venture between shipping companies Essberger Tankers and Stolt Tankers.

  • Team Tankers Reports Q3 Loss

    14 November 2018
    Business & Finance

    After a profitable second quarter, Team Tankers International closed the third quarter of 2018 reporting net loss.

  • JBIC to Finance LNG Tanker Procurement

    15 November 2013
    Vessels

    The Japan Bank for International Cooperation signed recently two loan agreements amounting up to 10,754 million Japanese yen and 10,955 million Japanese yen, with LNG FUKUROKUJU SHIPPING CORPORATION and LNG JUROJIN SHIPPING COPRPORATION, both Bahamas companies owned 70% by The Kansai Electric Power and 30% by Mitsui O.S.K. Lines. The loans are co financed with […]

  • Maran Tankers adds 4 more LNG-powered tankers as Greek owners drive newbuilding trend

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

    Greek shipping major Maran Tankers has commissioned the construction of four LNG-fueled tankers, each boasting an impressive capacity of 155,500 tons at China’s New Times Shipbuilding. The order comes in the form of exercised options for additional vessels held from a contract Maran Tankers signed back in April with the yard, Intermodal Shipbrokers said. The […]

  • Another coronavirus outbreak on board a tanker

    9 July 2020
    Human Capital, Vessels

    Seven crew members have tested positive for Covid-19 on board a tanker that arrived in Algeciras, Spain from Nigeria. Based on the available information, nine crew members took rapid Covid-19 tests which turned out to be positive for seven sailors. The Maltese-flagged Samus Swan oil and chemical tanker, owned by Danish Uni-Tankers, has been quarantined […]

  • Panamanian Tanker Attacked in Gulf of Aden

    17 April 2017

    A Panamanian-flagged oil tanker Alheera was rescued by Chinese Navy from a pirate attack on Saturday, April 15 while underway in the Gulf of Aden. The ship was approached by a skiff with five pirates on board who were trying to board the tanker south off Balhaf, Yemen. As understood, the pirates fired at the […]

  • NASSCO Signs ECO Tanker Deal

    12 November 2013

    General Dynamics NASSCO has entered into a contract with Seabulk Tankers, Inc., a wholly owned subsidiary of SEACOR Holdings Inc., for the design and construction of one 50,000 deadweight ton LNG-conversion-ready product carrier with a 330,000 barrel cargo capacity, plus an option for one additional vessel. This new 610-foot-long tanker is a continuation of the […]

  • AET Taking Over Remaining Stake in Paramount Tankers

    22 April 2016
    Business & Finance

    Singapore-headquartered petroleum logistics unit of MISC Berhad, AET, has agreed to purchase the remaining 50% of Paramount Tankers that it currently jointly owns under a 50/50 joint venture agreement with Golden Energy Tanker Holdings. Paramount Tankers is a JV which owns and operates six Aframax vessels. Commercial management is delivered by AET and technical management […]

  • Mammoet Salvage deals with burning tanker

    19 August 2009

    Mammoet Salvage, based in Schiedam, the Netherlands, has started the salvage operation of the Formosaproduct Brick. This product tanker, with a length of 228.5 meters, is on fire in the Straits of Malacca, 20 miles from Port Dickson, Malaysia. The tanker, carrying 58,000 tons of highly flammable naphtha, collided with the Ostende Max bulk carrier […]

  • KERALA Tanker Released from Hijackers

    29 January 2014
    Business & Finance

    Dynacom Tankers Management, the operator of the vessel “KERALA” (IMO No. 9390927), recently hijacked at Angola, Luanda Anchorage reported that on Sunday, 26 January 2014 they had re-established contact with the vessel. All crew members are alive and accounted for, but one is wounded and all have clearly been affected by their ordeal. A large […]

  • Saga Tankers’ Income Down in 1H

    30 August 2017
    Business & Finance

    Norway-based shipping company Saga Tankers recorded a net income of NOK 41.4 million (USD 5.3 million) in the first half of this year, down from a net income of NOK 116.1 million (USD 15 million) posted in the same period a year earlier. EBITDA for the first half dropped to NOK 42.4 million from NOK […]

  • d’Amico Delays Delivery of LR1 Tankers

    2 March 2017
    Business & Finance

    Tanker shipping company d’Amico Tankers has reached an agreement with South Korean Hyundai Mipo Dockyard to postpone the delivery of its first newbuilding long range (LR1) vessel. Under the deal reached in February 2017, the company pushed the delivery of the 75,000 dwt ship from April 2017 to October 2017. d’Amico Tankers said that the agreement follows […]

  • Tanker Spills at 5-Year Low

    12 January 2015

    Half-way into this decade and the downward trend in oil spills from tankers is sustained reaching a five-year low, according to the International Tanker Owners Pollution Federation Limited (ITOPF). For the last two and a half decades the average number of incidents involving oil spills from tankers has progressively halved, with the current figures showing […]

  • Infographic: Highest Valued Tanker Company

    25 August 2015

    In this week’s infographic we presents to you the Highest Valued Company operating in the tanker market. The company that tops the extensive list of tanker owners and operators is Monaco-based Scorpio Tankers, boasting a fleet worth USD 3.3 billion. Scorpio Tankers owns 78 tankers with an average age of 1 year, time charters-in 17 […]

  • Sumatec to buy two oil tankers

    22 May 2006

    Sumatec Resources Bhd has ordered two units of 8,000 deadweight tonnes (dwt) double-hull product oil tanker from a Chinese shipyard for US$11.6 million (about RM42.11million) each. In a statement to Bursa Malaysia on May 22, Sumatec said it had entered into a letter of intent (LOI) with Yangzhou Kejin Shipyard Co Ltd and Jiangsu Guotai […]

  • Arcadia Shipmanagement Disposes of Suezmax Tanker

    30 January 2017
    Business & Finance

    Greek shipping company Arcadia Shipmanagement has decided to sell Aegean Navigator, a Suezmax tanker, to Shipping Corporation of India (SCI), according to data provided by VesselsValue.  The 158,700 dwt vessel was sold for USD 31 million on January 27, 2017. Market value of the crude oil carrier currently stands at USD 28.25 million, VesselsValue’s data shows. […]

  • Tanker Industry Faces Tumultuous Tides

    19 July 2012

      Tanker industry is facing tumultuous tides as the oil traders are backing out of the market, causing reduction of chartering demand and thus inflicting considerable losses. As reported by Bloomberg, the biggest oil-tankers are experiencing 17-month low due to Chinese economic setback for a sixth quarter that curbed the country’s oil demand. The slowdown […]

  • d’Amico Disposes of Two MR Tankers

    1 February 2017
    Business & Finance

    Italy-based shipping company d’Amico International Shipping (DIS) revealed that its subsidiary d’Amico Tankers sold two medium range (MR) product tankers to Monaco-based ship management firm Sea World Management for USD 13.5 million each.  The vessels in question are MT High Endurance and MT High Endeavour, both of them built by South Korean shipbuilder STX Offshore […]

  • Frontline CEO: Tanker Orderbook Is a Concern

    27 August 2015
    Business & Finance

    The strength of the tanker market which has enjoyed pretty high rates may be threatened by the inflow of the new tonnage scheduled for delivery in the following two years. “Given the positive outlook of the tanker market we expect very little scrapping and the orderbook is a concern. As the delivery schedule shows a significant number of ships […]

  • Pan Ocean Buying Two Tankers

    29 September 2017
    Business & Finance

    South Korean dry bulk shipping company Pan Ocean has reached an agreement to purchase two tankers from its subsidiary, Pan Ocean Singapore Bulk Carrier. The vessels in question would be acquired for a price of USD 21.25 million, according to the company’s stock exchange release. Scheduled to be finalized during the fourth quarter of 2017, the […]