10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Drewry Maritime: Better Prognosis for Product Tankers

    16 February 2012

    Drewry Maritime Research’s latest Tanker Forecaster report looks at how surplus tonnage is placing a burden on crude tanker freight rates in the short and medium term, however, product tankers especially MR tankers, are expected to perform better in the coming years. Freight rates for MR product carriers improved in the last quarter of 2011 […]

  • Hijackers Board Oil Tanker off Indonesia

    15 October 2015
    Business & Finance

    The Liberia-flagged oil/products LR tanker MT Almi Spirit was boarded by six pirates in the Strait of Singapore today, Admiral Datuk Ahmad Puzi Ab Kahar, the Director General of Malaysian Maritime Enforcement Agency (MMEA), reported via Twitter. The six men boarded the 2007-built tanker at around 7 a.m. local time in Indonesian waters, while the vessel was en route […]

  • VIDEO: Closeup of Tanker Damaged in Dardanelles Collision

    28 July 2015
    Business & Finance

    The Marshal Islands-flagged product tanker M/T STI Pimlico has arrived at Turkish Besiktas Shipyard for repairs of damages sustained after it collided with a Celestyal Cruises ship in the Dardanelles strait, Turkey on 27th of June. The shipyard released the video showing the bruised tanker with considerable structural damage to its port beam. The vessel is owned by Scorpio Tankers […]

  • VIDEO: Closeup of Tanker Damaged in Dardanelles Collision

    28 July 2015
    Business & Finance

    The Marshal Islands-flagged product tanker M/T STI Pimlico has arrived at Turkish Besiktas Shipyard for repairs of damages sustained after it collided with a Celestyal Cruises ship in the Dardanelles strait, Turkey on 27th of June. The shipyard released the video showing the bruised tanker with considerable structural damage to its port beam. The vessel is owned by Scorpio Tankers […]

  • BIMCO: Oil Product Tanker Earnings in Decline

    30 June 2016

    Oil product tanker earnings are the lowest since Q3 of 2014 and could drop even further but there is still money to be made in the second half of this year, according to BIMCO.  The reason for this decline is oil product tanker fleet growth coupled with slowing down of oil product stock building seen at […]

  • UK: Teekay’s Tanker for Xcite’s Bentley Oil

    14 December 2011
    Business & Finance

    Xcite Energy  has signed a letter of intent (“LoI”) with Teekay Shipping Norway AS (“Teekay”) for the provision of a shuttle tanker for the forthcoming Phase 1A of the Bentley field development programme. The LoI anticipates that XER and Teekay will enter into a definitive agreement for one of Teekay’s dynamically positioned shuttle tankers within […]

  • Kuwait takes delivery of crude oil tanker Kazma 3

    5 April 2006

    KUWAIT: Kuwait has officially taken delivery of the giant oil tanker Kazma 3 yesterday. Kazma 3 is part of the modern fleet of the Kuwait Oil Tanker Company which has embarked on a fleet renewal programme.

  • Tanker fire kills seven at shipyard in Indonesia

    14 May 2020
    Human Capital, Infrastructure, Safety, Vessels

    Seven people died after an Aframax tanker undergoing maintenance at a shipyard in Indonesia caught fire on 11 May 2020.

  • Singapore-Owned Tanker Raided in Malacca Strait

    23 April 2014
    Business & Finance

    Armed pirates raided a Singapore-owned tanker in the Malacca Strait stealing several million liters of diesel fuel it was carrying, as informed by Malaysian marine police on Wednesday. According to the reports, ten armed pirates stopped the vessel, en route from Singapore to Myanmar, on early Tuesday off Klang port. After the pirates boarded the […]

  • Odfjell to Order Two More Chemical Tankers

    20 March 2017
    Business & Finance

    Norwegian shipping and tank terminal company Odfjell has signed of a letter of intent for two additional chemical tankers with stainless steel cargo tanks to be built by China’s shipyard Hudong-Zhonghua Shipbuilding. To feature 38,000 dwt, the vessels will have 40 tanks and a cargo capacity of about 45,000 cbm. Both tankers will be prepared for dual […]

  • Hunter Tankers scores $157 million for refinancing

    19 June 2020
    Business & Finance

    Hunter Tankers AS, a wholly-owned subsidiary of Norwegian Hunter Group ASA, has received binding commitments for a $ 157.5 million loan facility from a syndicate of banks consisting of Danske Bank, DNB, Nordea, and SEB. The proceeds from the facility, along with available cash at hand, will be used to refinance Hunter Atla, Hunter Saga […]

  • Cruise Ship Collides with Tanker off Gallipoli

    29 June 2015
    Business & Finance

    A Celestyal Cruises ship suffered structural damage to its bow and was forced to dock at Turkey’s port of Gallipoli after it collided with the Marshal Islands-flagged product tanker STI Pimlico in the early hours of Saturday. The 37,000 dwt tanker was reportedly carrying highly flammable naphtha at the time of the collision. Local coastal safety authorities reported that […]

  • Brazil: OSX to Build 11 Tankers for Kingfish

    12 March 2012
    Business & Finance

    OSX was hired by Kingfish do Brasil Navegação S/A to build 11 medium range tankers, with 45,000 DWT (Deadweight Tonnage) each, for transportation of oil and clear products. These vessels shall be chartered by Kingfish to Petrobras. The approximate total value of the shipbuilding contract between Kingfish and OSX is US$ 732 million with deliveries […]

  • 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 […]

  • IMB Reports Rise in Small Tanker Hijackings

    29 October 2014

    While pirate attacks on the world’s seas have fallen for the third consecutive year, small tanker hijacks by armed gangs are escalating in Southeast Asia, reveals the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) in its latest piracy report. IMB’s 2014 third quarter global piracy report notes a total of 178 incidents so […]

  • Taizhou Sanfu Bags Two Tanker Orders

    25 July 2014
    Business & Finance

    A Singaporean owner has placed an order for two 34,500 dwt chemical tankers with Chinese shipbuilder Taizhou Sanfu Shipbuilding, the builder announced.   The ships will feature a length of about 180m, breadth of 30 m and a design draft of 9.20 m. Further details on the order have not been revealed. The order intake […]

  • Stena Bulk Names Third IMOIIMAX Tanker

    2 September 2015
    Business & Finance

     Chemical and product tanker Stena Imperial, jointly owned by Stena Bulk and Indonesian Golden Agri Resources (GAR), was named in Savannah, Georgia on Monday, August 31st. The Stena Imperial is a 50,000 DWT MR tanker based on the IMOIIMAX concept, designed to transport both vegetable oils, chemicals as well as clean and dirty petroleum products. It is the […]

  • Stena Bulk Names Third IMOIIMAX Tanker

    2 September 2015
    Business & Finance

     Chemical and product tanker Stena Imperial, jointly owned by Stena Bulk and Indonesian Golden Agri Resources (GAR), was named in Savannah, Georgia on Monday, August 31st. The Stena Imperial is a 50,000 DWT MR tanker based on the IMOIIMAX concept, designed to transport both vegetable oils, chemicals as well as clean and dirty petroleum products. It is the […]

  • Hydrex Patches Up Chemical Tanker in Amsterdam

    30 November 2017
    Business & Finance, Operations & Maintenance

    Antwerp-based underwater repair and maintenance specialist, Hydrex, has carried out a permanent insert repair on board a 145-meter chemical tanker that had suffered a crack in its port side grey water tank. The work was carried out during the vessel’s stop in Amsterdam. Following an on-board and underwater inspection of the damaged area, Hydrex diver/technicians revealed […]

  • Fire Breaks Out on board Tanker in Kirkdale

    25 March 2015
    Business & Finance

    A fire broke out in one of the engine rooms of a Cyprus-flagged tanker at Canada Dock, on the river Mersey this morning, Merseyside Fire and Rescue Service informed. The people on board the 4,139-dwt Julia have been evacuated, the firefighting service added. Five fire appliances from Kirkdale, Crosby, Liverpool City, Croxteth and Kensington community fire […]

  • 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.

  • Naming of 7th Armada Tanker Set for April

    7 March 2014

    The 7th Armada tanker which is under construction at Besiktas Shipyard will be named Shovket Alekperova,  Palmali shipping group announced yesterday. The ship will officially be launched at a ceremony scheduled for the 15th of April 2014. The sixth tanker of RST22M Project named Bakhtiar Vahabzade, built by the Besiktas Shipyard for Palmali Group, was delivered […]

  • 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.

  • DAT Offloads Two New LR2 Tankers

    1 February 2017
    Business & Finance

    South Korea-based shipping company Dong-A Tanker (DAT) has sold two long range 2 (LR2) tanker newbuildings currently being built by compatriot shipbuilder Hyundai Samho Heavy Industries, according to data provided by VesselsValue.  Both tankers were bought by Greek shipping companies. The first ship was purchased from Stealth Maritime for USD 43.5 million and the second […]

  • UK: Oil Tanker’s Cargo Transfer Cancelled

    4 January 2012

      Poor weather conditions have prevented the transfer of a stricken oil tanker’s cargo to another ship along the Co Down coast. Genmar Companion was sailing from Rotterdam to New York to deliver its cargo of 54,000 tones of vacuum gas oil when a crack developed on its upper deck in the middle of December. […]