10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Teekay Tankers, TIL Close Merger Deal

    28 November 2017
    Business & Finance

    Tanker owners and operators Teekay Tankers and Tanker Investments Ltd. (TIL) finalized their merger agreement on November 27. Upon the closing of the merger, each outstanding share of TIL common stock, other than shares held in the treasury of TIL or owned by Teekay Tankers or any of its subsidiaries, was exchanged for the right […]

  • JBIC Finances Procurement of LNG Tankers

    15 November 2013
    Business & Finance

    The Japan Bank for International Cooperation signed on October 10, two loan agreements amounting up to 10,754 million Japanese yen (approx. USD 107.1 million) and 10,955 million Japanese yen (approx. USD 109.1 million) respectively, with LNG FUKUROKUJU SHIPPING CORPORATION (FUKUROKUJU) and LNG JUROJIN SHIPPING COPRPORATION (JUROJIN), both Bahamas companies owned 70% by The Kansai Electric […]

  • Aegean Marine Petroleum Network Inc. Takes Delivery of Bunkering Tanker Newbuilding

    10 June 2010

    Aegean Marine Petroleum Network Inc. (NYSE:ANW) today announced that it has taken delivery of the Nisyros, a 6,270 dwt double-hull bunkering tanker newbuild from Qingdao Hyundai Shipyard in China. The vessel is expected to be deployed to the Company’s market in Greece.

  • VesselsValue: Tankers lead the demolition charge

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

    Tankers took the lead in the demolition market, comprising approximately 43% of all scrapped cargo vessels in 2022, according to insights from VesselsValue. Despite this dominance, the number of tankers scrapped actually decreased by 55% YoY, dropping from 123 in 2021 to 55 in 2022. In comparison, the number of bulkers scrapped was low, with […]

  • Second Product Tanker Delivered by Aker Philadelphia Shipyard

    27 June 2007

    Following a very successful sea trial and an inspiring Naming Ceremony earlier this month, Aker Philadelphia Shipyard delivered the second vessel in an up to 16 ship order of product tankers as the 600-foot long MT46 Veteran Class Overseas Long Beach was transferred to American Shipping Corporation, a subsidiary of Aker American Shipping.

  • Aker Philadelphia Shipyard Delivers 10th Product Tanker

    2 September 2010

    Aker Philadelphia Shipyard (Oslo: AKPS), a U.S. commercial shipyard, delivered to American Shipping Company (Oslo: AMSC) its tenth Veteran Class MT-46 product tanker. The 46,000 dwt vessel, named the Overseas Anacortes, will leave the shipyard in the coming days under the operation of OSG America to transport petroleum products for Tesoro.

  • Kawasaki to build two LNG tankers

    9 September 2015
    Project & Tenders, Vessels

    Kawasaki Heavy industries has secured an order to build two LNG carriers for JVs which Chubu Electric has established with MOL and NYK Line. MOL and NYK also ordered a pair of LNG tankers today from Japan’s Mitsubishi Heavy Industries, as reported by LNG World News. Once completed in 2018, the two 177,000 cbm vessels will transport LNG […]

  • Deltamarin, Aker Arctic Flaunt Arctic Tanker Design

    18 September 2015
    Business & Finance

    Deltamarin Ltd and Aker Arctic Technology Inc have jointly developed a modern Aframax-sized tanker concept for arctic use, focusing on safe operations.  The Arctic Aframax tanker is intended for crude oil and oil product transports. The vessel is strengthened to ice class PC5 level (equals approximately Russian Maritime Register of Shipping category ARC6) and is […]

  • Borealis Forms Joint Venture for Chemical Tankers

    20 December 2017
    Business & Finance

    Borealis Maritime is establishing a joint venture for commercial management of chemical tankers in Turkey.

  • Tanker Revenues Boost Performance Shipping’s Earnings

    29 January 2020
    Business & Finance

    Performance Shipping reported revenue growth in Q4 2019, which was mainly driven by tanker earnings.

  • No Market for Unmanned Ships in Tanker Sector

    8 January 2018
    Business & Finance

    Ardmore Shipping does not see a market for unmanned shipping in the tanker sector.

  • Petrobras Unit to Spend $1.2B on Tankers

    1 February 2007

    The transportation unit of Brazil’s state oil company Petrobras said Wednesday that it will pay US$1.2 billion (euro925 million) to build 10 oil tankers. Brazil’s National Development Bank will finance the shipbuilding project with 2.47 billion reals (US$1.16 million; euro895 million), the press office of Brazilian President Luiz Inacio Lula da Silva said in a […]

  • FSL Trust Finalizes Sale of Aframax Tanker

    2 April 2020
    Business & Finance

    FSL Shanghai, a crude oil tanker, was sold to Performance Shipping.

  • Team Tankers Expects 2017 to Remain Challenging

    10 May 2017
    Business & Finance

    Bermuda-based chemical tanker owner and operator Team Tankers International has managed to shrink its net loss to USD 6.6 million in the first quarter of 2017, compared with a net loss of USD 8.9 million seen in the quarter ended December 31, 2016. Team Tankers said that its EBITDA for the three-month period ended March 31, […]

  • Scorpio Tankers Reaches 1st Quarter Forecasts

    27 April 2016
    Business & Finance

    Monaco-based tanker owner Scorpio Tankers has seen its net income for the first quarter of 2016 drop to USD 28 million, in line with forecasts, compared to a net income of USD 40.7 million reported in the corresponding period in 2015. The company added that its vessel revenue for the period reached USD 165.1 million, while it was at USD 160.7 million in […]

  • Navig8 Chemical Orders 4 Tankers at STX

    21 October 2015
    Business & Finance

    Oslo-listed chemical tanker owner and operator Navig8 Chemical Tankers has entered into contracts to purchase four 49,000 dwt IMO2 eco-design, Interline-coated chemical tankers to be built at STX Offshore & Shipbuilding in South Korea. Navig8 Chemical Tankers has also announced that it has secured options to purchase six additional sister vessels from STX. The vessels will […]

  • Scorpio Tankers Takes Higher Loan from ING Bank

    14 January 2016
    Business & Finance

    New York-listed tanker owner Scorpio Tankers Inc. has upsized its previously announced USD 87 million credit facility with ING Bank N.V. to USD 132.5 million. The facility will bear interest at LIBOR plus a margin of 1.95% per annum, the company revealed. Scorpio plans to use the proceeds to partially finance the purchase of crude […]

  • Desgagnés takes delivery of third LNG-fueled tanker

    22 November 2018
    Vessels

    Quebec City-based shipping conglomerate Desgagnés has taken delivery of Paul A. Desgagnés, an LNG-fueled product and chemical tanker. 

  • Swedish Consilium to Equip Gotland Tankers

    8 October 2012
    Business & Finance

      At Guangzhou two 39000dwt chemical tankers are under construction and in their final phase towards delivery. First vessel scheduled from mid of October and second from January 2013. Consilium managed to not only win the order for Fire and Gas detection but over the top also IBS. This is the first Swedish client who […]

  • Scorpio Tankers Secures Funding for Eight Newbuildings

    19 January 2017
    Business & Finance

    NYSE-listed Scorpio Tankers has received commitments for a loan facility of up to USD 172 million from a group of financial institutions which will be used to finance up to 60% of the market value of eight MR product tankers under construction at Hyundai Mipo Dockyard in South Korea. The eight newbuilding tankers are scheduled […]

  • TOP Ships Offloads Two More Tankers

    7 February 2020
    Business & Finance

    TOP Ships has entered into agreements to dispose of an MR2 tanker pair.

  • StealthGas Offloads Three LPG Tankers

    25 May 2018
    Business & Finance

    StealthGas has started the year with the sale of three second-hand LPG tankers cashing in USD 17 million.

  • Tankers collide in Suez Canal, traffic not affected

    5 April 2023
    Green Marine, Vessels

    Two tankers collided on Tuesday, April 4 in the Great Bitter Lake region, part of the Suez Canal, a key artery for the movement of goods between Europe and Asia. According to the head of the canal authority Lieutenant-General Osama Rabie, the ‘minor friction’ occurred when the tanker Lyric Magnolia was waiting at the anchorage […]

  • Maran Tankers Linked to VLCC Order at DSME

    14 September 2015
    Business & Finance

    Maran Tankers, the Oil Tanker Shipping unit of the Angelicoussis Shipping Group Limited, has been linked to a repeat order at Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) for two Very Large Crude Carriers. The 310,000 DWT VLCCs are each priced at USD 94 million and are expected for delivery in 2017, local media reports. […]

  • Latsco takes delivery of its first LNG tanker

    7 April 2021
    Infrastructure, Vessels

    Greek shipowner Latsco has received Hellas Diana from South Korea’s Hyundai Samho Heavy Industries (HSHI), as the first LNG carrier in the fleet.