10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Crude Oil Tanker Market Going Strong

    18 August 2014

    Crude oil tankers have shown incredibly positive momentum going into Q3. Earnings surpassed the expected ceiling at USD 20,000, to reach USD 44,058 per day briefly in mid-July for Suezmax tankers, according to BIMCO’s latest market analysis report. A stronger freight market is often followed by a stronger second-hand market. Data cleaned for large en bloc […]

  • Report: Norden Buys Two Secondhand Tankers

    30 April 2018
    Business & Finance

    Dampskibsselskabet Norden has expanded its fleet with two MR2 tankers, according to VesselsValue.

  • TORM acquires Team Tankers’ MR fleet

    2 March 2021
    Business & Finance, Business Developments & Projects, Environment, Infrastructure, Vessels

    Danish shipping company TORM has entered into an agreement to buy eight MR product tankers from Bermuda-based Team Tankers Deep Sea Ltd. for a total cash consideration of $82.5 million and the issuance of 5.97 million shares.

  • Japanese Company to Build World’s First All-Electric Bunker Tankers

    31 March 2020
    Business & Finance

    Japan’s Asahi Tanker plans to build the world’s first two zero-emission electrically powered tankers.

  • Naming ceremony for four LNG tankers

    8 July 2009

    Nakilat and vessel charterer Qatargas Operating Company held a naming ceremony for four large LNG vessels at South Korea’s Daewoo Shipbuilding & Marine Engineering on July 3. The first ship ‘Al Khattiya’ was named by Sara Bailouni, daughter of Samir Bailouni, Fleet Management Director, Nakilat. The second vessel, ‘Al Karaana’ was named by Noora Al-Kharji, […]

  • Hijacked Tanker Potential Environmental Disaster

    14 December 2009

    IMO Secretary-General Efthimios E. Mitropoulos expressed concern that adverse weather conditions and other contributing factors may bring about an accident to the supertanker Maran Centaurus – hijacked by pirates on 29 November 2009 with a cargo of 2 million barrels of crude oil – possibly resulting in an environmental catastrophe off the coast of Somalia, […]

  • Qatari LNG Tankers Sail to UK

    19 October 2011

      Two additional Qatari cargoes have been scheduled for delivery later this month to the UK, where LNG inventories continue to climb.   (ArgusMedia) [mappress] Source: ArgusMedia, October 19, 2011

  • Nordic American Tankers Abandons Bond Offering

    19 June 2018
    Business & Finance

    Suezmax owner Nordic American Tankers (NAT) has decided to abandon its previously planned bond offering.

  • Damen to Repair Two KNOT’s Shuttle Tankers

    31 January 2014
    Business & Finance

    Damen Shiprepair Brest (France) received a booking for the dry-docking and repairs of two shuttle tankers managed by Knutsen NYK Offshore Tankers A/S. The 88,109 GRT sister vessels Karen Knutsen and Sallie Knutsen expect to arrive end February and Middle of March respectively. Damen Brest’s Managing Director Jos Goris said: “We are very pleased with […]

  • Euronav sells Suezmax tanker for FPSO conversion

    15 January 2019
    Infrastructure

    Tanker company Euronav has sold the Suezmax vessel Felicity to an unnamed global supplier and operator of offshore floating platforms.

  • Fourth Newbuilding Joins Navig8 Chemical Tankers

    27 November 2016
    Business & Finance

    Navig8 Chemical Tankers, a joint venture between the Navig8 Group and Oaktree Capital Management, has taken delivery of its fourth 49,000 dwt chemical tanker from South Korean shipbuilder STX Offshore & Shipbuilding. Navig8 Tanzanite is the final 49,000 dwt IMO2 Interline-coated tanker in the company’s newbuilding program, as well as the eighth and final vessel to be delivered […]

  • 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.

  • Navig8 Chemical Snatches Financing for New Tanker

    22 June 2016
    Business & Finance

    Navig8 Chemical Tankers, a joint venture between the Navig8 Group and Oaktree Capital Management, has entered into a USD 55 million secured loan facility to finance the company’s first of two 25,000 dwt newbuilds. The stainless steel chemical tanker newbuildings are currently under construction at Japan’s shipyard Kitanihon Shipbuilding Co. Ltd. Navig8 Chemical Tankers said that the loan […]

  • Brunei LNG Tankers Unaffected by Japan Quake

    14 March 2011

    All 9 LNG tankers owned by Brunei Gas Carriers Sendirian Berhad, BGC and Brunei Shell Tankers Sendirian Berhad, BST are not affected by the… (brudirect) [mappress] Source: brudirect, March 14, 2011;

  • Uni-Tankers in major fleet expansion swoop

    8 September 2023
    Business & Finance, Business Developments & Projects, Green Marine, Vessels

    In a strategic move set to bolster its maritime capabilities, Danish ship owner and operator, Uni-Tankers, has unveiled that it has added five new vessels to its fleet. The fleet expansion includes long-term deals for four newbuilding vessels and one ECO small clean chemical/product tanker built in 2022, named M/T Sedat Basak. Based on the […]

  • Team Tankers Sees Major Return to Profit

    18 March 2016
    Business & Finance

    Bermuda-headquartered chemical tanker owner and operator Team Tankers International has seen a major return to the black during 2015 as the company reported its net profit at USD 455.4 million, compared with a net loss of USD 188.6 million in 2014. Due to a flourishing tanker market over the year, Team Tankers said it experienced increased activity and […]

  • Spanish Coastguard Tows Disabled Tanker to Cartagena

    15 September 2016
    Business & Finance

    The 2008-built chemical tanker Orakai was towed to the port of Cartagena, Spain, after it suffered engine issues on Tuesday morning, according to the Spanish Maritime Safety Agency. Namely, the Spanish coastguard sent the tug Clara Campoamor to assist the tanker, which was loaded with 4,732 tons of ethanol when it ran into trouble some 13 miles south west of Calblanque, Murcia. Unfavorable […]

  • Teekay Tankers Plans to Expand Its Fleet

    25 February 2013
    Business & Finance

    Teekay Tankers Ltd. on Thursday reported its results for the three months ended December 31, 2012. During the fourth quarter of 2012, the Company generated $10.8 million, or $0.13 per share, in Cash Available for Distribution(2), compared to $9.7 million, or $0.12 per share, in the third quarter of 2012. On February 20, 2013, Teekay […]

  • Philly Shipyard Delivers 4th Tanker to APT

    21 November 2017
    Business & Finance

    American Petroleum Tankers (APT), a subsidiary of Kinder Morgan, has taken delivery of the fourth and final 50,000 dwt product tanker constructed by US-based shipbuilder Philly Shipyard. The tanker, named the American Pride, was delivered ten days ahead of the contract delivery date, according to the shipbuilder. The vessel is based on a proven Hyundai Mipo Dockyards […]

  • Spotted: Krasnoye Splashes First Volgotrans Tanker

    24 March 2017
    Business & Finance

    Russian shipyard Krasnoye Sormovo, part of the United Shipbuilding Corporation, has launched the first of two chemical tankers ordered from compatriot shipping company Volgotrans. The 6,980 dwt tanker named Volgotrans-2701 features a length of 140.9 meters and a width of 16.7 meters. Scheduled for delivery this year, both tankers are self-propelled Volga-Don Max Class ships designed […]

  • Chemical Tanker Runs Aground off Alaska

    27 June 2016

    Norway-flagged chemical tanker Champion Ebony, carrying around 14.2 million gallons of fuel, ran aground near Nunivak Island, Alaska, on June 24, the US Coast Guard said. The tanker’s crew managed to refloat the vessel and make way under its own power to deeper water briefly afterwards. There were 24 member aboard the 46,938 dwt vessel at […]

  • Fifth Chemical Tanker Delivered to Ocean Yield

    12 April 2016
    Business & Finance

    The Oslo-listed Ocean Yield ASA has taken delivery of a 49,000 dwt IMO II chemical tanker Navig8 Turquoise from Korean shipbuilder STX. This is the fifth vessel delivered in a series of total eight chemical tankers that will be chartered to Navig8 Chemical Tankers under a 15-year “hell and high water” bareboat charter. Navig8 Turquoise will be […]

  • Product Tanker Supply About to Outpace Demand

    2 September 2015

    Impending fleet growth is expected to reduce the product tanker market’s earnings over the medium term impacting the healthy returns the market enjoyed in recent years, according to Drewry’s Product Tanker Market Annual Report 2015. The widespread switching of trade by product/chemical tankers (swing tankers) from chemicals to refined products has resulted in rapid growth in the […]

  • Terntank Orders Two Hybrid Tankers in China

    5 November 2019
    Business & Finance

    The 15,000 dwt chemical/product/biofuels tankers will be capable to operate with liquefied biogas (LBG).

  • Japanese Tanker Runs Aground in Elbe River

    21 January 2019

    A Panama-flagged tanker runs aground in the river Elbe, off Cuxhaven.