10000 results found for 'tanker'

10000 results found for 'tanker'
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  • 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 […]

  • 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 […]

  • 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.

  • 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 […]

  • 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.

  • 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. […]

  • Advantage Tankers Secures Cash for Suezmax Duo

    20 August 2015
    Business & Finance

    Advantage Tankers, LLC, a Marshall Islands-based holding company established to acquire an operating fleet of crude tankers, has secured a USD 61 million senior secured credit facility from CIT Maritime Finance, US bank holding company CIT Group Inc informed. The facility supports the acquisition of two Suezmax crude tankers which are employed on long-term charters […]

  • 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 […]

  • Construction starts on Terntank’s hybrid tankers

    2 July 2020
    Infrastructure, Vessels

    China Merchants Jinling shipyard started building on Tuesday two LNG and LBG-powered tankers for Sweden’s Terntank. Terntank ordered the duo last year at the Chinese yard previously known as AVIC Dingheng Shipbuilding. The vessels are an upgraded version of the shipping company’s AVIC series. Rolls-Royce Commercial Marine, now part of Kongsberg, designed the two ships […]

  • Hydrex Patches up Tanker in Spain

    29 February 2016
    Business & Finance, Equipment, Operations & Maintenance

    Hydrex has performed a permanent insert repair on a 175-meter tanker after it suffered cavitation damage to the inside shell plating of one of its ballast water tanks. The Hydrex team sailed with a workboat and all necessary equipment to the ship which lay at anchorage in Algeciras. The divers started the operation by installing […]

  • Korea ship reaches oil tanker taken by Somali pirates

    6 April 2010

    A South Korean warship has caught up with a super-tanker that was hijacked by Somali pirates in the Indian Ocean. The South Korean foreign ministry said the destroyer had arrived in waters near the tanker and would remain at a safe distance. The 300,000-ton Samho Dream, which was on its way from Iraq to the […]

  • d’Amico sells another MR tanker oldie

    9 September 2020
    Infrastructure, Vessels

    d’Amico Tankers D.A.C. (Ireland), part of Italian shipping company d’Amico International Shipping (DIS), has signed a memorandum of agreement for the sale of MT High Courage, one of its oldest medium range (MR) vessels.

  • Nordic American Tankers to Add Four Suezmaxes

    2 May 2016
    Business & Finance

    Bermuda-based tanker owner Nordic American Tankers (NAT) has inked a deal with an undisclosed party to acquire four 150,000 dwt Suezmax vessels for a price of USD 106 million. The company expects that the crude oil tankers, which were built at a Japanese shipyard, will be delivered during May, June and July 2016. Two ships from the batch were built in 2004, while the […]

  • LPG Tanker Attacked by Pirates off Trinidad

    15 July 2014

    An LPG tanker has fallen victim to a pirate attack in the vicinity of the Port of Spain, Trinidad, according to a statement of Trinidad and Tobago’s Ministry of Transport. A group comprised of up to ten armed men approached Virgo Gas tanker in fishing vessels on July 10 and managed to board the ship, […]

  • Oil Tanker Crew Abandoned in Bahrain

    8 April 2015
    Business & Finance

    Sixteen sailors have been left to their own devices for months after their vessel MT Surya Kuber got seized in Bahrain due to unpaid debts. The crude oil tanker was banned by a court order in February from leaving the country as its  Singapore-based owner 7Seas Ship Management failed to pay Arab Shipbuilding & Repair Yard […]

  • New Scrubber-Fitted Tanker Delivered to Navig8

    8 August 2018
    Business & Finance

    The first of eight scrubber-fitted LR2 tankers was handed over to Navig8 Product 2020.

  • COSCO Shipping Energy Orders Seven Tankers

    18 December 2017
    Business & Finance

    COSCO Shipping Energy Transportation reveals an order for seven more ships at GSI.