10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Santoku Senpaku Orders Capesize Pair at SWS

    13 July 2017
    Business & Finance

    Japanese shipowner and operator Santoku Senpaku has ordered two 186,000 dwt bulkers from Chinese Shanghai Waigaoqiao Shipbuilding (SWS). The duo is slated for delivery in 2019, according to Intermodal Research and Valuations. The Japanese shipping company is said to be paying USD 45 million per vessel. As disclosed, the newbuildings will feature a wide beam and […]

  • Frontline Ltd to Delist from London Stock Exchange

    29 September 2015
    Business & Finance

    John Fredriksen’s oil tanker shipping company Frontline Ltd. has requested the UK Listing Authority to delist the company from London Stock Exchange with effect from the opening of the market on November 2, 2015. Frontline has asked the UKLA to cancel the listing of all of its ordinary shares of USD 1 each listed on the […]

  • Ship Finance International Sells Ageing Suezmax

    24 September 2015
    Business & Finance

    NYSE-listed Ship Finance International Limited has agreed to sell the 1995 built Suezmax tanker Front Splendour to an unrelated third party. The company has simultaneously agreed to terminate the corresponding charter party for the 20-year old crude oil carrier with a subsidiary of Frontline Ltd. The charter with Ship Finance is expected to terminate in the […]

  • G E Shipping to Buy Gas Carrier Oldie

    27 March 2018
    Business & Finance

    G E Shipping has decided to expand its fleet with a secondhand medium gas carrier. 

  • FKAB Completes 3rd Ship Conversion for ZPMC

    14 September 2016
    Business & Finance

    Swedish marine engineering company Fartygskonstruktioner AB (FKAB) has completed the conversion of MV Zhen Hua 32 from a bulk carrier to a heavy deck cargo ship.  Owned by China-based ZPMC’s Shanghai Zhenhua Heavy Industries Company Limited, the converted ship is now able to carry large equipment such as bridge container crane by roll on roll […]

  • Bahri Plans USD 1 Billion Sukuk Sale

    5 March 2015
    Business & Finance

    The National Shipping Company of Saudi Arabia (Bahri) is planning to raise around USD 1 billion through the sale of a ten-year sukuk by the end of March, a company executive was reported as saying by the local news site Arabian Business. The proceeds of the sale are planned for debt repayment and general business […]

  • Caspian Shipping Adds Four Small Bulkers

    14 June 2016
    Business & Finance

    Baku-based shipping company Azerbaijan Caspian Shipping said that it commissioned four 5,490 dwt dry bulk vessels which are expected to start working in the Black and Mediterranean Seas, according to the company. Featuring a breadth of 16.5 meters, the new vessels were named Poet Vaghif, Poet Sabir, Hussein Javid and General Aslanov. The bulkers, which were built […]

  • MPA Gives Financial Boost to LNG Bunkering in Singapore

    14 December 2017

    The Maritime and Port Authority of Singapore has injected USD 8.9 million to boost LNG bunkering in the port.

  • Ports of Barcelona and Shanghai partner on decarbonization projects

    15 May 2024
    Ports & Logistics

    The Port of Barcelona and the Port of Shanghai have signed an agreement to explore opportunities for collaboration in innovative decarbonization projects.

  • MPA Singapore Grants Funding to Digital Startups

    12 April 2019

    The startups can now develop and test-bed their innovative maritime solutions.

  • Nordic Shipholding Breaches Loan Covenants amid Market Headwinds

    2 October 2018
    Business & Finance

    Nordic Shipholding A/S has breached some of its loan covenants amid market woes.

  • FSRU Independence in 250th ship-to-ship operation

    7 September 2021
    Business Developments & Projects, Operations & Maintenance

    Lithuanian LNG terminal operator Klaipedos Nafta has marked the 250th ship-to-ship LNG transfer performed to/from FSRU Independence.

  • Jiangnan lays keel for Exmar’s first VLGC

    1 July 2020
    Infrastructure, Vessels

    China’s Jiangnan Shipyard held a keel laying ceremony on Tuesday for the first of two Exmar’s very large gas carriers. Belgium’s Exmar ordered the VLGC duo last year at the Chinese yard. Both of the vessels will go on charter to Norwegian energy giant Equinor. One of the main features of the 86,000-cbm carriers is […]

  • Statoil Gets PSA Nod for Aasta Hansteen Facilities

    19 March 2018
    Operations & Maintenance

    Petroleum Safety Authority (PSA) Norway has given Statoil consent to use the spar floating production and offloading vessel (FPSO), subsea systems and infield pipelines on the Aasta Hansteen field in the Norwegian Sea. Aasta Hansteen field, currently in development, is located in the northern sector of the Norwegian Sea, 120 kilometers northwest of Norne and […]

  • Denmark: Heerema Hires Boulder for South Arne Field

    14 June 2012
    Business & Finance, Equipment, Operations & Maintenance

    BOULDER has been contracted by Heerema for cargo runs and towage of their barge H 302 and Vikingbarge 3 from Flushing to South Arne Field, where Heerema’s HLV BALDER will install a new jacket and topside. The South Arne platform comprises a combined wellhead, processing and accommodation platform with an oil storage tank on the […]

  • TEN Closes USD 85 Million IPO

    30 April 2015
    Business & Finance

    Athens-based crude and product tanker and LNG carrier operator Tsakos Energy Navigation Limited (TEN) has closed its public offering of USD 85 million worth of its Series D shares. TEN offered 8.75% of its Series D Cumulative Redeemable Perpetual Preferred Shares at a price to public of USD 25.00 per share. The company has granted the underwriters a 30-day option […]

  • Report: Samsung Heavy Wins Four More VLCC Orders?

    4 May 2017
    Business & Finance

    South Korean shipbuilder Samsung Heavy Industries (SHI) has received an order for four more very large crude carriers (VLCCs), according to data provided by VesselsValue.  This time the order was allegedly placed by Greece-based holding company Capital Maritime and Trading on May 3. The financial details of the order for the four 320,000 tankers were not […]

  • Newbuilt Methanol Carrier Delivered to MOL

    30 September 2016
    Business & Finance

    Tokyo-based shipping firm Mitsui O.S.K. Lines, Ltd. (MOL) took delivery of the 50,000 dwt methanol carrier Manchac Sun from the Japanese shipbuilder Minaminippon Shipbuilding on September 28. Equipped with 2-stroke dual-fueled low-rev main engine capable of running on methanol, the eco-ship was ordered by the company in December 2013 as part of a contract for the construction and charter […]

  • Amur River Starts Sakhalin-2 Gig

    3 August 2015
    Business & Finance

    The LNG carrier Amur River, operated by Russia’s Sakhalin Energy Investment Company, departed on his first voyage under the Sakhalin-2 project laden with a cargo of liquefied natural gas (LNG) destined for the Asia-Pacific region. The Amur River left the port of Prigorodnoye on July 31 carrying 149,700 cubic metres of LNG. The agreement on the vessel […]

  • DHT: Early Delivery of VLCCs Confirmed

    14 March 2014
    Business & Finance

    DHT Holdings, an independent crude oil tanker company, has advanced the delivery dates of two very large crude carriers (VLCCs). On March 11, 2014, DHT Holdings entered into an amendment to its shipbuilding contracts for Hull Nos. 2781 and 2783 with Hyundai Heavy Industries Co., Ltd. in South Korea (HHI) related to the construction of […]

  • NAT Wins Claim over ‘Gulf Scandic’

    31 January 2014
    Business & Finance

    Nordic American Tankers (NAT) today announced that an arbitration panel in London has ruled in favour of NAT. Gulf Navigation Holding PJSC (GulfNav) was the other party in the arbitration. The case relates to the 6 year bareboat charter with GulfNav of the Suezmax vessel Gulf Scandic (now named Nordic Harrier) covering the period from […]

  • Ship Finance International Sells Ageing Suezmax

    24 September 2015
    Business & Finance

    NYSE-listed Ship Finance International Limited has agreed to sell the 1995 built Suezmax tanker Front Splendour to an unrelated third party. The company has simultaneously agreed to terminate the corresponding charter party for the 20-year old crude oil carrier with a subsidiary of Frontline Ltd. The charter with Ship Finance is expected to terminate in the […]

  • CMES Back at Dalian for More

    16 January 2015
    Business & Finance

    China Merchants Energy Shipping (CMES) has ordered construction of a 319,000 DWT Very Large Crude Carrier (VLCC) from Dalian Shipbuilding Industry (DSIC). According to a filing with Shanghai Stock Exchange, the vessel is slated for delivery in September 2017. The price of the order has not been disclosed. CMES has already nine VLCCs on order at Dalian, […]

  • Russia: Navy Dispatches Another Anti-Piracy Force to Gulf of Aden

    9 December 2011

    Farewell ceremony of another Pacific Fleet (PF) task unit consisting of large ASW ship Admiral Tributs, tanker Pechenga, and seagoing tug MB-37 will be held on Dec 10. The unit will head for the Gulf of Aden to protect commercial shipping from pirate attacks. That will be the seventh PF task unit formed to carry […]

  • Gulf Navigation Set Sights on 300 Pct Revenue Growth, Doubling of Fleet

    10 July 2017
    Business & Finance

    Dubai-based shipping company Gulf Navigation Holding is targeting revenue growth of 300 percent by 2021 as it eyes doubling of its fleet. Speaking at a press conference on Monday Gulfnav’s CEO, Khamis  Juma Buamim, announced that the company’s fleet would comprise 20 ships by 2020, with six units slated to start delivery as of 2018. […]