10000 results found for 'tanker'

10000 results found for 'tanker'
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  • NASSCO Cuts Steel for Fourth APT Tanker

    12 May 2015
    Business & Finance

    US shipbuilder General Dynamics NASSCO signaled the start of construction of a fourth ”ECO” tanker to be built for American Petroleum Tankers at a steel cutting ceremony on Friday, May 8, at its San Diego shipyard. Each of the five 50,000 deadweight ton product carriers to be constructed for American Petroleum Tankers by NASSCO will […]

  • Sertanejo Spirit shuttle tanker named in Brazil

    13 May 2014

    Teekay Offshore has announced that on May 6 Sertanejo Spirit shuttle tanker was officially welcomed at the Rio harbor in Brazil. Sertanejo Spirit is one of Teekay Offshore’s new Samba Class shuttle tankers to operate for BG in Brazil under 10-year time-charters. The DP2 shuttle tanker is designed for offshore loading and is, according to […]

  • Fire strikes Providence dock as tanker unloading

    19 July 2006

    Fire engulfed a dock at the Port of Providence on Tuesday night when lightning struck as a tanker was unloading gasoline, sending large plumes of smoke and fireballs into the air.Coast Guard officials said the Nord Europa, a Danish ship, was able to safely pull away from the dock. Assistant Fire Chief Mark Pare said […]

  • BIMCO: Tanker Freight Rates Continue Dropping

    24 April 2017
    Business & Finance

    Oil tankers experienced a tough start to 2017 as freight rates for all crude oil and oil product tankers continued their decline following the brief lift at year-end, according to international shipping association BIMCO. Although average earnings stood at USD 18,853 per day by April 7, 2017, down from USD 63,284 per day reported on December 16, 2016, […]

  • Shell Puts into Use Two Inland LNG Tankers

    12 April 2013

    Yesterday Shell put two inland shipping tankers into use which run on LNG. The 110-metre long ships are ‘single fuel’: they only use one type of fuel, LNG. This not just a first for Shell in the Netherlands, but also for the inland shipping industry. From April 11 the two tankers will sail between Rotterdam […]

  • TORM Inks Sale and Leaseback for Tanker Duo

    9 March 2017
    Business & Finance

    Danish shipping company TORM has reached an agreement to sell and leaseback two of its vessels, the LR2 tanker TORM Helene and the MR tanker TORM Mary. Additionally, the company decided to sell its 1999-built MR tanker TORM Anna, TORM said in its latest financial report. As a result of these transactions, the company’s liquidity is […]

  • 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 […]

  • Tristar Snatches ESHIPS’ Chemical Tanker Flotilla

    9 March 2016
    Business & Finance

    UAE-seated logistics group Tristar is taking over the Abu Dhabi’s Emirates Ship Investment Company (ESHIPS) from Egon Oldendorff GmbH & Co. KG, a part of German dry bulk company Oldendorff Group for USD 90 million. Under the terms of the agreement, Tristar will acquire a fleet of seven ocean going chemical tankers, two of which are LPG tankers under a long-term […]

  • Picture of the day: LNG tanker Patris at DSME

    29 May 2017
    Vessels

    The 173,400-cbm liquefied natural gas (LNG) tanker Patris is currently being built by Daewoo Shipbuilding & Marine Engineering in South Korea. The LNG vessel was ordered back in 2015 by a joint venture comprising of “K” Line LNG Shipping, a unit of the Japanese shipping major ‘K’ Line, and Greek shipowner Chandris. The order also […]

  • Ivory Coast Wants Estonian Tanker Held

    26 September 2006

    Authorities in Ivory Coast asked Estonia to hold a tanker that left hundreds of tons of toxic waste in the West African nation’s main city, as another death was attributed to the foul-smelling substance on Tuesday. A judge heading the commission investigating the chemical waste scandal sent a written request to Estonia to detain the […]

  • Tanker Damages Dock at Ploce Port, Croatia

    10 August 2018

    A tanker loaded with oil rammed into a dock in the Croatian Port of Ploce, causing significant damage.

  • Greece: Empire Navigation Takes Over Management of Two Tankers

    7 November 2012
    Business & Finance

      Ship management company Empire Navigation Inc. announced that the company has taken over the management of two oil/chemical tankers, those being M/T FR8 ENDURANCE and M/T FR8 Fortitude. Both tankers are double hulled and built in November 2007. Owner of the vessels is FR8 Endurance Shipping Corp. Empire Navigation took delivery of 50,654.9 DWT […]

  • 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 […]

  • Valløby Secures Financing for Chemical Tankers Acquisition

    8 December 2015
    Business & Finance

     CIT Maritime Finance, part of CIT Group Inc., is providing a USD 40 million senior secured credit facility to Valløby Shipping Ltd. to acquire a fleet of chemical tankers. Valløby is a newly established ship-owner backed by a private equity fund. Financing was provided by CIT Bank, N.A., the principal bank subsidiary of CIT. Terms of the […]

  • NASSCO Floats Out Fourth ECO Tanker

    20 July 2016
    Business & Finance

    US shipbuilder General Dynamics NASSCO has completed the float-out of the Bay State, the fourth of the five LNG-conversion-ready Jones Act tankers ordered by American Petroleum Tankers. The ECO tanker will be christened at the NASSCO shipyard in San Diego on September 17. The five 50,000 dwt tankers have a 330,000 barrel cargo capacity, and are 610 feet […]

  • 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 […]

  • Eletson Acquires Three Panamax Product Tankers

    30 January 2014
    Business & Finance

    Eletson Holdings Inc. has entered, through subsidiaries, into definitive agreements to acquire three Korean built 2004 Panamax (LR1) product tankers for a price of $66.3mil. The expected delivery dates of the vessels are end January 2014, end March 2014 and early April 2014. These acquisitions were funded by proceeds from the Company’s recent 9.625% First […]

  • Saga Tankers Sees Opportunities in a Volatile Market

    7 November 2018
    Business & Finance

    Norwegian shipping company Saga Tankers to pursue attractive investment opportunities.

  • 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.

  • Malaysia Sends Planes in Search of Missing Tanker

    17 June 2015
    Business & Finance

    Malaysia has deployed five aircraft to help the thirteen vessels already searching for the tanker MV Orkim Harmony which has been missing since June 11, according to local media.  Two aircraft from the Malaysian Maritime Enforcement Agency (MMEA), two from the Royal Malaysian Air Force and one from the Royal Malaysian Navy started scanning the South China Sea yesterday, significantly […]

  • Pirates Kidnap Five Tanker Crew Members

    2 February 2016

    The 2003-built tanker Leon Dias was hijacked by pirates in the Gulf of Guinea, UK-based Clearwater Vessel Tracking confirmed to World Maritime News. “A tanker was underway from Lome to Bata when the owners lost contact with their vessel, it was later discovered that pirates had managed to board and hijack the vessel, a militant group are […]

  • 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 […]

  • 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 […]

  • Norden Tests Marine Biofuel on Another Tanker

    11 June 2019
    Business & Finance

    Norden is conducting a second test voyage with a large ocean-going vessel powered by CO2 neutral biofuel.

  • Anthony Veder Buys Gas Tanker Quartet

    23 September 2015
    Business & Finance

    Dutch tanker owner and operator Anthony Veder has purchased all four modern gas tankers from Italian L.G.R. di Navigazione S.p.A. “With this unique transaction Anthony Veder is further rejuvenating its fleet, while at the same time maintaining its high standards in providing safe and efficient shipping tonnage to its clients,” the company said in a comment. […]