10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Global tanker industry prepared for future challenges

    10 April 2006

    One important change for larger tankers is that there is no longer a serious backlog of old ships that can easily be removed should market prospects look unfavourable, said the managing director of Intertanko, Peter M Swift.

  • Tanker and Bulk Carrier Collide off Bosphorus

    1 September 2015
    Business & Finance

    A product tanker laden with fuel oil collided with a dry bulk carrier carrying wheat around 11:30 pm local time last night in the Black Sea, some eight nautical miles off the northern entrance to the Bosphorus Strait, Turkey’s General Directorate of Coastal Safety reports. The 17,060 dwt, 1988-built product tanker Paros Wind was carrying fuel […]

  • MSI: Tanker Market Entering Calmer Waters

    28 December 2016

    After a year of tumultuous political and policy upheaval, both oil and tanker markets are undergoing a process of rebalancing, according to Maritime Strategies International (MSI). The fourth quarter of 2016 is capping what has been a mixed 12 months for the tanker markets, while the agreement by OPEC members and non-members alike to cut production […]

  • Damen on construction duty for vessel pair destined to support Woodside’s Gulf of Mexico ops

    7 October 2025
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Dutch shipbuilder Damen Shipyards Group is in charge of building two next-generation offshore support tugs (OSTs) for work in the Gulf of Mexico with Woodside Energy, an Australian energy giant.

  • Pirates Steal Fuel from Malaysian Tanker

    19 March 2015

    A group of seven armed pirates hijacked a product tanker off Pulau Repong, Indonesia, as informed by anti-piracy watchdog International Maritime Bureau (IMB). The Malaysian-flagged Singa Berlian, built in 1993, was boarded by masked pirates some 37 nautical miles south of Pulau Repong, Indonesia on March 9. The vessel was en route from Singapore to the island of […]

  • Explosion rocks Hafnia tanker at Jeddah port

    14 December 2020
    Ports & Logistics, Safety, Vessels

    A Singapore-flagged LR1 Product tanker has been hit from ‘an external source’ whilst discharging at Jeddah, Saudi Arabia, on 14 December 2020, causing an explosion and subsequent fire onboard.

  • Nakilat orders $3bn of natural gas tankers

    20 September 2006

    Qatar Gas Transport Co ordered $3 billion of natural gas tankers from South Korean companies including Hyundai Heavy Industries as the state prepares to triple exports of the fuel. Qatar Gas, the second-largest energy company on the Morgan Stanley Capital International Gulf Countries Index, ordered the 10 tankers for delivery in 2009, Muhammad Ghannam, the […]

  • Sirius Orders Two Tankers at AVIC Dingheng

    23 September 2016
    Business & Finance

    Swedish shipping company Sirius Shipping has placed an order for two 7,999 dwt oil/chemical tankers at China’s AVIC Dingheng Shipyard. The two vessels are scheduled for delivery in 2018, Sirius said without revealing the value of the contract. The 9,500 cbm tankers will have ICE class 1A and will be equipped with the latest technology and comply […]

  • Update: Oil Spills from Ruptured Tanker

    6 February 2017

    India has deployed its Coast Guard teams to respond to and monitor an oil spill which occurred after a liquefied petroleum gas (LPG) carrier BW Maple and the oil tanker Dawn Kanchipuram collided near Ennore’s Kamarajar Port. The oil tanker, which was carrying 32,813 tonnes of petroleum, oils and lubricants, suffered a rupture which led to an engine oil […]

  • Euronav Expects Strong Tanker Market in Q3

    30 July 2015
    Business & Finance

    Sustained improvement in tanker freight rates has driven Euronav’s EBITDA up to USD 142.3 million in the second quarter of 2015 ended June 30, the tanker owner and operator said in its preliminary financial results. Freight rates throughout the three months to the end of June were consistently strong in both the VLCC and Suezmax […]

  • Bay Shipbuilding Gets Contract for Oil Tanker

    23 November 2005

    Bay Shipbuilding in Sturgeon Bay has been awarded a contract to build an ocean-worthy oil tanker. The ocean-class, double-hull, hot oil tank barge will be 369 feet in length and have an 80,000 barrel capacity. It’s scheduled for delivery in approximately one year.

  • Chemical Tanker Collides with Frigate in Taiwanese Port

    11 March 2019
    Business & Finance

    Saudi Arabia-flagged chemical tanker NCC Sama collided with a Taiwanese frigate in the port of Keelung.

  • Concordia: Tanker of the future named in the center of Stockholm

    7 June 2006

    Concordia Maritime’s Swedish-flagged product tanker Stena Primorsk, the third P-MAX tankers in a series of eight, will be named on 9 June. The total investment for the eight vessels amounts to SEK 2.4 billion. Transport economy, flexibility and further raising the safety level have guided the development work involving the P-MAX concept. The Stena Primorsk […]

  • Team Tankers International Shakes Up Fleet

    26 February 2016
    Business & Finance

    Tanker owner Team Tankers International Ltd. has engaged in considerable reshuffling of its fleet with a dozen of vessel transactions carried out since November. The most recent ones saw Team Tankers sell the 20,000 dwt stainless steel ship the North Fighter, and agreeing to sell two 3,500 dwt stainless steel ships, the Sichem Colibri and […]

  • Naqilat to invest $3.5bn on gas tankers, shipyard

    26 May 2005

    Qatar Gas Transportation Co (Naqilat) plans to invest $3.5bn on gas tankers, bulk carriers and a ship-repair yard, its managing director said. About $2.5bn is for liquefied petroleum gas carriers and $1bn divided equally on a yard and bulk ships, the director, Robert Curt, said in London.

  • Robbers Board Maersk Tanker in East Malaysia

    18 July 2018
    Business & Finance

    Perpetrators boarded the product tanker Maersk Cancun while it was anchored at Sandakan Port.

  • Fire aboard Turkish Tanker, Crew Evacuated

    10 March 2017

    A fire broke out on board the Turkish-flagged tanker Izmail 2 on Tuesday evening, March 7 while the ship was at Hereke Demir anchorage. Once informed of the incident the Turkish Coast Guard sent lifeboat Kıyem 2 and Söndüren 7 tug to the scene to put out the fire. The three crew members of the stricken […]

  • IMB Reports Rise in Small Tanker Hijackings

    29 October 2014

    While pirate attacks on the world’s seas have fallen for the third consecutive year, small tanker hijacks by armed gangs are escalating in Southeast Asia, reveals the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) in its latest piracy report. IMB’s 2014 third quarter global piracy report notes a total of 178 incidents so […]

  • Wärtsilä to Power Thun Tankers’ New Ships

    20 June 2017
    Business & Finance

    Finnish technology group Wärtsilä has been contracted to supply the engines, propellers, and fuel supply systems for four new tanker vessels being built for Sweden-based Erik Thun AB. The ships, which will run on both liquefied natural gas (LNG) and diesel, are under construction at the Scheepswerf Ferus Smit yard in the Netherlands. Wärtsilä said that […]

  • Product tanker deliveries to jump 256% in 2025

    16 January 2025
    Market Outlooks, Outlook & Strategy

    Product tanker newbuild deliveries are expected to reach 12 million deadweight tonnes (dwt) in 2025, with deliveries set to jump 256% compared to the 3.4 million dwt delivered in 2024, shipping association BIMCO revealed.

  • Milaha, UACC Talk Tanker Fleet Merger

    13 April 2015
    Business & Finance

    Qatar-based holding company Milaha has launched talks with United Arab Chemical Carriers Ltd. (UACC) on a possible combination of their respective product and chemical tanker businesses. “If successful, this move is expected to result in a larger and stronger business, provide better financial returns, and strengthen the combined business market position,” Milaha said in a disclosure on […]

  • Leighton: First Tanker Successfully Berthed (Iraq)

    12 March 2012

    Leighton Offshore has announced that following the successful hydrostatic testing of the onshore and offshore pipeline systems and subsequent final commissioning of the offshore export facility, crude oil was now flowing to a single point mooring (SPM) installed under the $799m Iraq Crude Oil Export Expansion Project (ICOEEP) Phase 1 in Iraq. The first tanker […]

  • AET Inks Order for Eight Tanker Newbuilds

    28 October 2015
    Business & Finance

    Singapore tanker owner and operator AET has signed contracts for eight new vessels in a deal valued at approximately USD 500 million. Samsung Heavy Industries Co Ltd (SHI) has been contracted to build four Aframax vessels of 113,000 dwt to be delivered in 2018. A further contract was signed today with Hyundai Heavy Industries Co […]

  • USA: Aker Philadelphia Shipyard Starts to Build Product Tanker

    25 October 2011
    Business & Finance

    Aker Philadelphia Shipyard​, a leading U.S. commercial shipyard, held a ceremonial keel laying this morning for Ship 017, the 13th product tanker being built at the yard. Following long held shipbuilding tradition, coins were placed on one of the keel blocks that support the vessel during construction before the section of the ship was lowered […]

  • CSDC Orders Four Tankers from Guangzhou

    30 June 2015
    Business & Finance

    Hong Kong-listed China Shipping Development Company Limited has entered into a deal with Guangzhou Shipyard for construction of four tankers, worth a total of  USD 199.9 million. The four crude /product oil carriers boast 114,000 dead weight tons each and are expected to start delivery by 31 March 2017 and conclude the delivery by the end of December 2017. The […]