10000 results found for 'tanker'

10000 results found for 'tanker'
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  • NASSCO Lays Keel for Third APT Tanker

    26 October 2015
    Business & Finance

    U.S. shipbuilder General Dynamics NASSCO on October 23 hosted a keel laying ceremony for the third ECO tanker, the future Garden State, ordered by American Petroleum Tankers (APT) and currently under construction at the company’s shipyard in San Diego. The ECO tanker is the third of a five-tanker contract between General Dynamics NASSCO and APT, which […]

  • NASSCO Lays Keel for Third APT Tanker

    26 October 2015
    Business & Finance

    U.S. shipbuilder General Dynamics NASSCO on October 23 hosted a keel laying ceremony for the third ECO tanker, the future Garden State, ordered by American Petroleum Tankers (APT) and currently under construction at the company’s shipyard in San Diego. The ECO tanker is the third of a five-tanker contract between General Dynamics NASSCO and APT, which […]

  • Terntank orders new LNG-powered tankers

    6 November 2019
    Vessels

    Gothenburg-based shipping company Terntank has placed an order for two new LBG/LNG powered tankers on 15,000-dwt with the hybrid battery system and on-shore power at AVIC Dingheng Shipbuilding.

  • One More MR Unit Joins Maersk Tankers

    29 October 2018
    Business & Finance

    Maersk Tankers added Maersk Cayman, a new MR product tanker, to its fleet on October 26.

  • TGS wins contract extensions in Norway, about to start 3D survey in Brazil

    18 November 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders

    Norwegian energy data and intelligence company TGS has secured an extension for its current contracts with what it says is a major international energy company, for reservoir monitoring and source services on the Norwegian Continental Shelf (NCS). The contracts cover the provision of reservoir monitoring and source services related to permanent reservoir monitoring (PRM) and […]

  • Navios Acquisition’s Tankers Chartered at Higher Rates

    21 April 2016
    Business & Finance

    Owner and operator of tanker vessels Navios Maritime Acquisition Corporation has entered into charter deals for three of its product tankers at 14% higher average charter rates. The company’s Nave Equator, an MR2 product tanker, has been chartered to an undisclosed party for 18 months at USD 17,000 per day. The 2009-built ship is expected to generate USD […]

  • Frontline Exits Medium Range Tanker Segment

    13 June 2016
    Business & Finance

    John Fredriksen-controlled oil tanker shipping company Frontline Ltd. has decided to exit the medium range tanker segment as it confirmed the sale of its six medium range tankers. The vessels were sold for a price of USD 172.5 million to New York-listed Ardmore Shipping Corporation (Ardmore). Scheduled to be delivered to their new owner during September and October 2016, the […]

  • Hyundai Heavy launches GasLog LNG tanker

    30 June 2017

    GasLog’s newest liquefied natural gas (LNG) carrier, with a working name Hull 2801, has been launched at Hyundai Heavy Industries in Ulsan, South Korea. The 174,000-cbm LNG tanker is scheduled to be delivered to its owner in 2018. Monaco-based GasLog signed in July last year a time-charter contract for the LNG newbuild with a unit of French […]

  • Tanker Investments Inks Charters for Two Suezmaxes

    18 May 2017
    Business & Finance

    Norway-based investment company focused on the tanker market Tanker Investments Ltd. (TIL) has secured one-year time charters for two of its Suezmax vessels.  The gross rate for the 2010-built Tahoe Spirit and the 2009-built Shenlong Spirit is USD 19,750 per day for each vessel. “These two time charters, which commenced in late-March and early-April 2017, […]

  • First Product Tanker Delivered from Aker Philadelphia Shipyard

    8 February 2007

    Aker Philadelphia Shipyard has delivered the first vessel in an up to 16 ship order of product tankers as the 600-foot long MT46 Veteran Class Overseas Houston now becomes the first ship leased to subsidiaries of Overseas Shipholding Group, Inc. (OSG). Originally announced in April 2005 with a series of 10 ships, the build program […]

  • Anthony Veder adds to gas tanker fleet

    23 September 2015
    Vessels

    Anthony Veder said it has purchased all four modern gas tankers from L.G.R. di Navigazione.

  • Product Tanker Woes Hit TORM’s Earnings

    16 August 2017
    Business & Finance

    Pressured by a difficult product tanker market, Danish shipping company TORM ended the second quarter of 2017 with a net loss of USD 1.6, compared to a net profit of USD 15 million seen in the same period a year earlier. The company’s revenue for the three months dropped to USD 157 million, from USD […]

  • Two More ECO LR2 Tankers for GSI

    27 November 2013

    Navig8 Product Tankers Inc. has declared effective further shipbuilding contracts for the construction of two additional ECO LR2 tankers to be built at Guangzhou Shipyard International (GSI). The two new ECO LR2 tankers have identical specifications as the company’s firm vessels already on order with GSI. The delivery dates for the two new tankers are […]

  • Navig8 Expands Fleet with Four Chemical Tankers

    3 October 2016
    Business & Finance

    Maritime services provider Navig8 expanded its pools with four chemical tankers in September 2016.  Navig8 Chemicals took delivery of Navig8 Universe and Navig8 Constellation, which were built in 2013 at Shina SB yard in South Korea. The two 45,352 dwt tankers joined the company’s Chronos8 Pool. Another chemical tanker, the 19,964 dwt Ece Nur K, built […]

  • Three Crew Injured in Tanker Engine Blast

    28 November 2014

    Three crew members were seriously injured in a blast on board Thailand-flagged product tanker  Chao Anoma on Saturday in the Andaman sea. According to Phuket news, the blast did not disable the vessel, however, the vessel diverted its course heading for  Phuket, Thailand, for assistance and repairs. The 4,999 dwt vessel was sailing from Tanjung Pelepas […]

  • Sungdong Wins Four ECO LR2 Tankers

    12 November 2013

    Navig8 Product Tankers Inc. has signed shipbuilding contracts for the construction of four additional ECO LR2 tankers to be built at Sungdong Shipbuilding & Marine Engineering Co., Ltd. The four new ECO LR2 tankers have been ordered by use of existing newbuilding options with Sungdong and have identical specifications as the company’s firm vessels already […]

  • Seven additional LNG tankers heading to UK

    11 December 2019
    Vessels

    Great Britain is reportedly awaiting seven more liquefied natural gas (LNG) tankers, according to Refinitiv shipping data.

  • Pirates Attack Navig8 Tanker in Gulf of Oman

    2 June 2017
    Business & Finance

    A product tanker was approached and fired upon while underway around 103 nautical miles East of Muscat, Oman on Thursday, June 1. The tanker in question was identified as MT NAVIG8 Providence by EU NAVFOR, which confirmed the attack. According to a report from ICC’s IMB Reporting Centre, the tanker was approached by six persons armed with […]

  • Challenging Tanker Market Impacts Sovcomflot’s Earnings

    21 November 2016
    Business & Finance

    The Russian shipping major Sovcomflot has seen its net profit for the third quarter of 2016 drop by 36.2 percent to USD 52.1 million from USD 81.6 million reported in the same quarter a year earlier. The company’s gross revenue for the period was down to USD 359.1 million from USD 386.2 million seen in […]

  • Stream Tankers Inks Newbuilding Contracts (Japan)

    18 September 2013
    Business & Finance

    Stream Tankers AS, have entered into newbuilding contracts with Fukuoka Shipbuilding Co. Ltd. and Shitanoe Shipbuilding Co. Ltd. in Japan for up to five advanced 19,900 dwt. chemical tankers with cargo tanks in stainless steel. The vessels will be of the new Fukuoka/Shitanoe eco-design hulls and combined with modern efficient engines will give substantial fuel […]

  • Navig8 Product Tankers Sees Red Ink

    1 November 2016
    Business & Finance

    Shipping company Navig8 Product Tankers has reported a net loss of USD 5.8 million in the third quarter of the year, against a net income of USD 17.8 million seen a year earlier, amid weak product tanker markets. “Product tanker markets exhibited weakness in the third quarter due to high inventory levels and decreased refinery […]

  • Weak Tanker Market Hurts Sovcomflot’s Earnings

    21 May 2018
    Business & Finance

    Driven by low freight rates in tanker sectors, PAO Sovcomflot ended the first quarter of this year in loss.

  • Aframax tanker becomes heavy-lifter (Gallery)

    25 February 2015
    Equipment

    FKAB China has informed that the MV Zhen Hua 7, the semi-submersible heavy lift vessel (SSHLV) converted from an aframax tanker, has completed various trials and tests and is now on its way to Africa for cargo operation. FKAB conducted the conversion design of a 15 years old aframax tanker “Mako” for Chinese ship owner Zhenhua […]

  • Weak Tanker Rates Push Sovcomflot to Red

    20 November 2017
    Business & Finance

    Russian shipping company PAO Sovcomflot (SCF Group) ended the first nine months of 2017 in loss as tanker spot market freight rates reached their lowest levels of late. “This year has proven to be a very challenging period for the tanker industry and the situation now faced by many conventional tanker shipowners is especially severe,” Sergey Frank, […]

  • Swiss-Canadian Maritime Orders Three Chemical Tankers

    20 October 2015
    Business & Finance

    Chemical tanker owner Swiss-Canadian Maritime Ltd., has ordered three 21,800 dwt chemical tankers from Triyards Holdings Limited. The three tankers are due for delivery in 2017, and will be managed by the Swiss-based ABC Maritime A.G. These new International Maritime Organization (IMO) Type 2-certified, double-hull ice-classed tankers will have a storage capacity of 24,000 cbm, and will be specially […]