10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Sovcomflot Returns to Black as Tankers Hint Recovery

    19 November 2018
    Business & Finance

    Sovcomflot managed to return to the black in 3Q 2018, amid signs of a better tanker balance.

  • TEN orders six LNG-fuelled tankers

    8 October 2021
    Vessels

    Greek shipping company Tsakos Energy Navigation (TEN) has placed an order for six LNG-powered tankers at South Korean shipyard Daehan Shipbuilding.

  • Golden Stena Weco Invests in Chinese Tanker

    5 December 2012
    Business & Finance

    Golden Stena Weco recently invested in its first tanker within the framework of the newly established joint venture. The 9,000 dwt tanker, called Golden Adventure, will be delivered from the Chinese shipyard Dongfang Shipbuilding in the next few days after reprofiling. “The Golden Adventure is the first tanker in our jointly owned fleet and will […]

  • Concordia, Stena Weco Charter MR Tanker

    24 November 2015
    Business & Finance

    Swedish tanker owner and operator Concordia Maritime has, together with Danish tanker owner and operator Stena Weco, signed a contract for the charter of an IMO2/3 class MR tanker. The contract, which comes into effect at the end of November 2015, is for two years with an option for a further 1-6 months. The tanker will be operated by […]

  • STX Launches LNG Tanker SCF Melampus

    6 November 2013
    Vessels

    STX Offshore & Shipbuilding has launched the first of two ice class LNG tankers,SCF Melampus, ordered by Russia’s Sovcomflot under a long-term agreement with Shell, Sovcomflot said in a statement. The first LNG tanker will be delivered in late 2014, the second one – in early 2015, according to the statement. The LNG tankers (with […]

  • Nova Tankers to Shut Down Its Business

    23 June 2014
    Business & Finance

    Nova Tankers, an operator of very large crude carriers (VLCC), will cease its business operations as of 30th of June, the company announced. As explained by the pool operator, the decision comes “following the development of the participating partners’ fleets in the Nova Tankers Pool”. “Consequently, the partners are to provide their own services going […]

  • Aker Philadelphia: Keel layed for LNG-ready product tanker

    26 September 2014
    Vessels

    Aker Philadelphia Shipyard held a ceremonial keel laying for the first of four product tankers that it is building for its joint venture with Crowley Maritime Corporation.  Keeping with long held shipbuilding tradition, coins were placed on one of the keel blocks before the unit was lowered into place in the dry dock. Representatives from […]

  • TIL Reaps Fruits of Thriving Tanker Market

    14 May 2015
    Business & Finance

    Oslo-listed shipping company Tanker Investments Ltd. recorded the strongest first quarter results since the company’s inception approximately one year ago reapaing the benefits of firm spot tanker rates. During the first quarter of 2015, net revenues increased to USD 42.3 million from USD 27.4 million in the fourth quarter of 2014 due primarily to higher average […]

  • d’Amico, Glencore JV offloads MR tanker

    4 May 2020
    Business Developments & Projects, Infrastructure, Vessels

    d’Amico International Shipping S.A. (DIS) said that its joint venture with Glencore Group has decided to sell a medium range (MR) tanker.

  • Dorian LPG Named Tanker Company of the Year

    9 December 2014
    Business & Finance

    Liquefied petroleum gas shipping company Dorian LPG Ltd. has been selected as “Tanker Company of the Year 2014” at the annual Lloyd’s List Greek Shipping Awards that took place in Athens on December 5, 2014. The award cited Dorian’s history, the company’s IPO in May of 2014, its collaboration with Phoenix Tankers and strategic partnership […]

  • LNG Tanker Docks at Kenai Export Terminal

    5 May 2014
    Vessels

    The 135,000 cbm Excel LNG tanker has docked at ConocoPhillips Kenai LNG export terminal in Alaska. ConocoPhillips said last week that it plans to send the first shipment of LNG from its Kenai terminal this month after it has renewed its export licence in April. The LNG tanker arrived at the terminal on Friday morning, ConocoPhillips […]

  • TEN Positive About Tanker Market Conditions

    17 October 2014
    Business & Finance

    Tsakos Energy Navigation (TEN), an Athens-based crude, product and LNG tanker operator believes that the recent decline in TEN’s stock is in direct contrast to the state of the physical tanker market, the future prospects and the financial strength of the company. Management believes that the supply and demand balance, particularly for crude tankers, is in […]

  • NAT cashing in on never stronger tanker market

    27 April 2020
    Business & Finance

    The tanker market has never been so strong, according to Herbjørn Hansson Chairman & CEO of Nordic American Tankers (NAT). The company, which owns and operates Suezmax tankers, is cashing in on the market bonanza and unprecedented demand for floating storage. Namely, big oil companies the likes of Exxon, Shell, BP and Equinor are scrambling for storage […]

  • Russia: V.F.Tanker Shipping Acquires New Tanker

    24 August 2012
    Business & Finance

    V.F.Tanker Shipping Company has put into operation the sixth tanker of Project RST27 named VF Tanker-6 (building No. 02006) with sea/river deadweight of 7022/5420 tons. In total 10 RST27 project tankers should be built at Krasnoe Sormovo shipyard. Project RST27 was designed by Marine Engineering Bureau. New project tanker has increased river function comparing with […]

  • Indonesia: BLT Takes Delivery of LPG Tanker Gas Batam

    13 May 2011

    The management of PT Berlian Laju Tanker Tbk announces that the Company has successfully taken delivery of LPG Tanker Gas Batam, a state of the art LPG Tanker with a total capacity of 8,227.54 DWT or 5,000 CBM. Tanker was built and delivered to the Company from Shitanoe Shipyard on 11 May 2011. The addition […]

  • Gener8 Sells Tanker for USD 17.5 Million

    6 January 2016
    Business & Finance

    New York-headquartered crude oil shipping company Gener8 Maritime has entered into a memorandum of agreement for the sale of the 2004-built MR tanker Gener8 Consul to an undisclosed buyer. Some USD 9.8 million of the net proceeds, from a total of USD 17.5 million in gross proceeds, will be used to repay a portion of the senior secured debt outstanding under the […]

  • d’Amico Inks Sale and Leaseback for MR Tanker

    26 September 2017
    Business & Finance

    Italy-based shipping company d’Amico International Shipping (DIS) has, through its subsidiary d’Amico Tankers, signed a memorandum of agreement and bareboat charter contract for the sale and leaseback of the MT High Priority. Under the agreement, signed with a company owned by Sole Shipping Special Opportunities Fund II LP, the 46,847 dwt medium range (MR) product tanker would […]

  • VIDEO: Teekay’s Amundsen Class Shuttle Tanker

    8 March 2013

    The ever-growing maritime industries developed the need for steady offshore drilling and moving of storage assets to fill the gap between production and transportation of offshore energy goods such as crude oil. One of ways to transport crude oil from a floating production, storage and offloading (FPSO) to onshore storage is by using a shuttle […]

  • NASSCO Christens APT’s Fourth ECO Tanker

    19 September 2016
    Business & Finance

    American Petroleum Tankers’ (APT) fourth ECO Class tanker, which is currently under construction at Californian shipbuilder General Dynamics NASSCO’s shipyard in San Diego, was christened on September 17. Named the Bay State, the tanker is the fourth vessel in a batch of five 50,000 deadweight ton, LNG-conversion-ready product carriers ordered from NASSCO. The 610-foot-long tankers, which are equipped with […]

  • Denmark: TORM Sells MR Product Tanker

    9 March 2012
    Business & Finance

      TORM announces that it has entered into an agreement to sell the MR product tanker TORM Lana. The parties have agreed not to disclose the sales price. TORM Lana will be delivered to the new owner in either the second half of March or the first half of April 2012. The transaction leads to […]

  • 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 […]

  • Denmark: Greek oil tanker runs aground

    15 May 2007

    A Greek oil tanker carrying 81,200 tons of crude ran aground in Denmark but there was no immediate danger of an oil spill, authorities said Tuesday.

  • Concordia Maritime Extends Charters for Tanker Duo

    30 December 2014
    Business & Finance

    Swedish tanker shipping company Concordia Maritime has renewed its contract with Stena Bulk for a consecutive voyage charter arrangement for the P-MAX tankers Stena Provence and Stena Polaris. The agreement will run until the summer of 2015. The vessels’ LOA is 183 meters, the same as conventional MR tankers, but they have a beam of 40 meters enabling […]

  • Scorpio Tankers Announces Update of Its Transactions

    31 December 2013
    Business & Finance

    Scorpio Tankers Inc. yesterday announced that it will recognize a net gain from sales and write downs of approximately $14.0 million due to the gain on the previously announced VLGC transaction and the write down of some of the older vessels in the fleet as the Company has designated these vessels as “Held for sale”. […]

  • Tanker Sinking after Collision off Japan

    8 August 2016
    Business & Finance

    Two tankers, the Panama-flagged Eastern Phoenix and Japanese Keihin Maru 8, collided off Japan’s port of Kehin, Prefecture of Kanagawa, on Sunday, less than two nautical miles from the coast, according to local media. The 5,025 dwt product tanker Eastern Phoenix was slightly damaged, and remained afloat without water ingress. Tanker Keihin Maru 8 was breached in […]