10000 results found for 'tanker'

10000 results found for 'tanker'
Order results by

A list of search results

  • 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 […]

  • Danish shipping firm sells three tankers

    29 July 2006

    A/S Dampskibsselskabet Torm, a Danish shipping company, is selling three of its tankers for a total of $63 million. The move is part of Torm’s strategy of selling older bulk vessels so it can build its fleet of bigger Panamax bulk vessels, the 117-year-old Copenhagen company said Friday. Torm did not disclose who is buying […]

  • Maersk Tankers’ Newest Ship Aces Sea Trials

    28 June 2018
    Business & Finance

    Maersk Tankers’ next MR tanker has successfully conducted its sea trials.

  • The High Tide for Tanker Owners Soon to Be Over?

    19 August 2015

    A surge in crude tanker vessel capacity over the next two years will lead to a fall in ship-owner earnings from current highs, according to the latest edition of Drewry’s Tanker Forecaster. Tanker owners have enjoyed high freight rates over the recent period, particularly in the dirty tanker market, due to sluggish fleet growth over […]

  • 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 […]

  • 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 […]

  • KNOT Shuttle Tankers Acquires Dan Sabia

    28 May 2015
    Business & Finance

    KNOT Shuttle Tankers AS has entered into a share purchase agreement to acquire KNOT Shuttle Tankers 21 AS, the company that owns the shuttle tanker, Dan Sabia, from Knutsen NYK Offshore Tankers AS. The purchase price of the acquisition is USD 103 million, net of USD 64.5 million of outstanding indebtedness related to the Dan […]

  • Chemical Tankers Collide Near Galveston (USA)

    21 February 2013

      Two inbound chemical tankers collided, Wednesday, approximately 70 miles south of Galveston, causing some internal damage to one of the tankers. Watchstanders at Coast Guard Sector Houston/Galveston were notified of the collision by a National Response Center report at approximately 4:30 a.m., stating that the Chem Sea, a 385-foot tanker, and the Bow Kiso, […]

  • 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, […]

  • 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 […]

  • Tanker ‘Cape Bird’ Captured by Nigerian Pirates

    13 October 2011

      Nigerian pirates hijacked tanker Cape Bird with three Russian crewmen on board, reports website of Russian Guild of Sailors. The ship was captured 70 nautical miles (somewhat 130 km) off Lagos, Nigeria on Oct 8. Apart from Russians, there are Georgian, Ukrainian, and Latvian sailors aboard the tanker. Their families have been already informed […]

  • 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 […]

  • SADRA to Launch Venezuelan Aframax Tanker on Monday

    20 July 2012

    On Monday, July 23 Iran-based SADRA Ship Manufacturing Yard will launch the biggest indigenously built tanker, managing director of the company, Engineer Salman Zarbi told the press. The 113,000 dwt Aframax oil tanker will first cast off for three months long sea trials into the waters of the Persian Gulf, before it is handed over […]

  • Tankers inspected for damage stability by Paris MoU

    27 July 2010

    The Paris Memorandum on Port State Control will start a Concentrated Inspection Campaign (CIC) to verify correct damage stability on oil tankers, chemical tankers and gas carriers. This inspection campaign will last for 3 months, starting on 1 September and ending on 30 November 2010. The reasons for this CIC include that inspections showed tankers […]

  • 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 […]

  • Confused Councillors Retract Tanker Ban Votes

    12 August 2014
    Business & Finance

    Canada’s West Vancouver council is preparing to revisit the unanimously approved recommendation to ban LNG tanker traffic in Howe Sound after several councillors said they did not understand the content of the motion they voted on. Craig Cameron, one of the councillors confused by the matter, said he didn’t realize he had voted to send a […]

  • Teekay’s LNG Tanker Attacked off Yemen

    26 October 2016

    The liquefied natural gas (LNG) tanker Galicia Spirit, owned by shipping company Teekay, experienced a suspected piracy attack on October 25 while it was off the coast of Yemen, according to the owner. Crisis management and response consultancy NYA said that the tanker was approached by a small vessel and fired at utilizing a rocket-propelled grenade (RPG). “No […]

  • 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 […]

  • NITC Mulls Investment in LNG Tanker Fleet

    11 July 2017
    Business & Finance

    National Iranian Tanker Company (NITC) is considering venturing into the liquefied natural gas (LNG) market as Iran gears up for production of natural gas in the future. The plans were revealed by Mohammad Reza Shams Dolatabadi, NITC’s head of international affairs, Reuters reported, who said that NITC was looking into the acquisition of LNG tankers in the […]

  • Malaysia Closing Down on Tanker Hijacking Mastermind

    26 June 2015

    Malaysian authorities are close to identifying a person who planned the hijacking of the oil tanker MT Orkim Harmony, local media reported the Malaysian Maritime Enforcement Agency’s deputy-director general Datuk Ahmad Puzi Ab Kahar as saying. The list of the so-called ”masterminds” behind the hijacking has been narrowed down to one name, Ahmad Puzi said. Ahmad Puzi […]

  • 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 […]