10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Maran Tankers Eyes Three New VLCCs?

    27 March 2017
    Business & Finance

    Greece-based shipping company Maran Tankers plans to order three very large crude carriers (VLCCs) from South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME), according to information provided by VesselsValue. Maran Tankers would pay USD 80 million for the construction of each of the three ships. If the parties reach the agreement on the construction […]

  • Grounded Tanker Splits in Two off Taiwan

    19 June 2018
    Business & Finance

    One of two tankers that ran aground off Kaohsiung, Taiwan last week, split in two in the morning hours of June 18.

  • 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 […]

  • ONE Containership Clashes with Tanker in Piraeus Port

    27 September 2019
    Business & Finance

    ONE Blue Jay crashed into the starboard side of a small chemical tanker while it was entering the port.

  • Pirates Attack Tanker Bouboulina in Gulf of Guinea

    8 July 2016
    Business & Finance

    A group of armed pirates has approached and opened fire upon a tanker which was underway some 89 nautical miles off the coast of Brass, Nigeria, according to data provided by the International Maritime Bureau’s Piracy Reporting Centre (IMB PRC). The vessel in question was reportedly the 2006-built Suezmax tanker Bouboulina. IMB PRC said that, as […]

  • Teekay Tankers Nets USD 900m Loan

    14 December 2015
    Business & Finance

    Nasdaq-listed tanker shipping company Teekay Tankers has secured a new USD 900 million long-term debt facility that will be used to refinance 36 of the company’s existing vessels. The loan, set to mature in January 2021, will include refinancing of the recently-acquired vessels that are secured by the company’s two bridge loan facilities which mature in early-2016, […]

  • Iraq About to Invest in Large Tanker Fleet

    17 February 2017
    Business & Finance

    Iraq has set sights on creating a large fleet of modern oil tankers to transport the country’s crude, Reuters reports quoting a statement from the country’s Oil Minister. “The ministry wants to restructure the company’s mission to develop its operations by building and buying a large fleet of tankers to transport and market oil to all parts of the world,” Minister Jabar […]

  • Keel Laid for Crowley’s Fourth Product Tanker

    21 September 2015
    Business & Finance

    Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA, held a ceremonial keel laying for the fourth of four product tankers that it is building with Crowley Maritime Corporation (Crowley).   The next generation 50,000 dwt product tankers are based on a Hyundai Mipo Dockyards (HMD) design which incorporates numerous […]

  • Product Tanker Sector: The Safest Bet Are MRs

    6 June 2017
    Business & Finance

    Medium ranged product tankers (MRs) are definitely the workhorses of the product tanker shipping industry, being the most widely used vessels that can call at any port in the world including smaller and shallower ports, it was concluded during a webinar organized by Capital Link Shipping on June 1. MRs, capable of carrying multiple cargoes ranging […]

  • Wärtsilä Bags South Korean Bunker Tanker BWMS Deal

    13 September 2019
    Rules & Regulation

    This is Wärtsilä’s first BWMS retrofit contract in South Korea.

  • Japanese shipbuilders win orders for three chemical tankers

    17 April 2025
    Vessels

    Two Japanese shipbuilding players have secured contracts to construct three eco-friendly stainless steel chemical tankers for Singapore-based company specializing in vessel chartering and logistics solutions Jaldhi Overseas, part of Bothra Group. Per Greek shipbroker Intermodal’s data, Jaldhi Overseas has placed an order for two chemical tankers at Imabari-based Asakawa Shipbuilding and one unit at Fukuoka […]

  • Japanese company to build world’s first all-electric bunker tankers

    31 March 2020
    Business Developments & Projects, Infrastructure, Innovation, Project & Tenders, Vessels

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

  • 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 […]

  • 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.

  • NASSCO Cuts Steel for Third APT Tanker

    6 April 2015
    Business & Finance

    The US shipbuilder General Dynamics NASSCO held a steel cutting ceremony for the third Jones Act ”ECO” tanker to be built for American Petroleum Tankers at its San Diego-based shipyard. A part of a five-tanker contract, this 50,000 deadweight ton product carrier will be LNG-conversion ready and will carry 330,000 barrels of cargo. The tanker will also be […]

  • One More Navig8 Tanker Named in China

    16 August 2018

    New Times Shipbuilding names Navig8′ new 111,000 dwt oil tanker.

  • Gasum to Supply LNG to Equinor’s Shuttle Tanker Newbuilds

    3 February 2020
    Business & Finance

    Gasum will deliver LNG to Equinor’s new crude shuttle tankers.

  • Big Fleets to Hold in Check Tanker Consolidation

    12 February 2018

    Big fleets and the diverse ownership of the remainder of the VLCC fleet to cap consolidation in the sector.

  • 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 […]

  • Three bound4blue eSAILs installed on EPS’ tanker

    24 February 2025
    Business Developments & Projects, Green Marine, Infrastructure, Technology, Vessels

    Spain’s automated wind-assisted propulsion system specialist bound4blue has completed the installation of its suction sails on a tanker vessel owned by Singapore’s Eastern Pacific Shipping (EPS).

  • Crowley Sells Two Jones Act Tankers

    6 November 2014
    Business & Finance

    Crowley Maritime Corporation’s petroleum services has sold two Jones Act tankers, the Pennsylvania and Florida, to Kinder Morgan Energy Partners, L.P. Crowley said that it would continue to manage the vessels with no changes in crewing or operations. The tankers have been under long term charter transporting gasoline, jet fuel, diesel and crude oil since being placed […]

  • LSC Shipmanagement Takes Bitumen Tanker under Its Wing

    18 January 2018
    Business & Finance

    LSC Shipmanagement added a newbuilding bitumen tanker to its technically managed fleet.

  • Scorpio Tankers Announces Investment in Dorian LPG

    28 October 2013
    Business & Finance

    Scorpio Tankers Inc. today announced that it has entered into an agreement with Dorian LPG Ltd. (Dorian) whereby the Company will contribute its entire fleet of newbuilding Very Large Gas Carriers, or VLGCs, together with a cash contribution of $1.9 million in exchange for newly issued shares representing 30% of Dorian’s pro-forma outstanding shares immediately […]

  • Monaco: Scorpio Orders Four LPG Tankers

    7 August 2013
    Vessels

    Scorpio Tankers said that it has reached agreements to construct four Very Large Gas Carriers (VLGC) at two yards in South Korea along with two MR and two Handymax ice class-1A fuel efficient product tankers at Hyundai Mipo Dockyard Co., Ltd. of South Korea. VLGC Newbuildings The Company has reached agreements with Hyundai Samho Heavy […]

  • NAT: 2Q 2015 Encouraging for Tanker Market

    11 May 2015
    Business & Finance

    In the first quarter of 2015 Nordic American Tankers (NAT) benefited from both a strong Suezmax tanker market and a significant drop in the oil price that had a positive effect on the tanker industry. Cashflow from operations was USD 50 million, compared with USD 24.5 million in 4Q2014. For all of 2014, cashflow from operations was USD 77.7m compared with […]