10000 results found for 'tanker'

10000 results found for 'tanker'
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  • 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 […]

  • 1 August 2013

    Petronas of Malaysia plans to directly purchase newbuild LNG tankers to bring down costs. The company will hire its shipping unit MISC to provide project management and technical consultancy services for the construction of the new LNG vessels, Reuters informs. “The move will allow Petronas to have direct access to LNG shipping capacity at the […]

  • 19 February 2015
    Business & Finance

    Ship management venture Crowley Accord Management was awarded full technical management contracts for five new tankers. The company said that these tankers will be joined in the coming weeks by three more, bringing Crowley’s international ship management fleet to more than 70. The five products tankers brought under Crowley Accord management are the MT Dawn […]

  • 23 September 2009

    The world’s fleet of oil, chemical and gas tankers is predicted to continue to grow over the next five years, although at a much more sluggish rate than the previous five years, according to a Shipbuilding Market Report issued this month. The oil tanker fleet, which currently stands at 7,516 ships, is expected to grow […]

  • 20 June 2006

    Iran has signed a contract with Belgian shipping company Exmar to build 10 liquefied natural gas (LNG) tankers, Iran’s National Oil Company news service, SHANA, said. “Exmar will finance the project, a joint venture with the Iranian shipbuilding company Sadra, with more than US$ 2 bln,” Abdolsamad Taaghol, the director of the National Iranian Tanker […]

  • 5 February 2021
    Collaboration, Environment, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    Maersk Tankers has become a signatory of the Sea Cargo Charter, a global framework that establishes a common baseline for global traders to report on CO2 emission reductions of their shipping activities. The Sea Cargo Charter is consistent with the targets of the UN’s International Maritime Organization, including GHG emissions reduction by at least 50% […]

  • 14 June 2006

    Singapore-based First Ship Lease or FSL has agreed to buy 2 chemical tankers from an Indonesian shipper for US$90m. The purchase will boost FSL’s operational presence in the region and raise its fleet size to 10.

  • 19 March 2015
    Business & Finance

    South Korea’s STX Offshore & Shipbuilding has won an order from an unnamed Singapore-based shipping company, possibly BW Group, for two LR1 oil tankers. Through the new contract, the shipbuilder will add KRW 106 billion (USD 95 million) to its order book. The tankers are expected to be delivered to BW Pacific Ltd. between 2016 and 2017, […]

  • 24 July 2014

    The Piracy Reporting Centre (PRC) of the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) raised concerns over a worrying trend of small tanker hijacks in its 2014 half yearly report released on Tuesday, July 22.   Globally, 116 incidents of piracy and armed robbery against ships have been reported to the PRC in […]

  • 1 October 2015
    Business & Finance

    Crowley Maritime Corp. took delivery of Ohio, the first of four new, Jones Act, product tankers on September 30 from Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA. The 600-foot tanker has a carrying capacity of 14.5 million gallons of crude oil or refined products. The new 50,000 dwt […]

  • 2 March 2015
    Business & Finance

    Tokyo-based classification society ClassNK has released its Common Structural Rules for Bulk Carriers and Oil Tankers (Rules for the Survey and Construction of Steel Ships Part CSR-B&T). These new technical rules were developed in response to the adoption of the Common Structural Rules for Bulk Carriers and Tankers by the International Association of Classification Societies (IACS). […]

  • 21 September 2011
    Business & Finance

    Rosneft Marine UK Ltd., a subsidiary of Russian state-owned oil company OJSC Rosneft, has introduced a new bunker delivery tanker to service the Port of Murmansk in Russia. The Russian-flagged RN Magellan is a 4622 deadweight tonne (dwt) bunker tanker built in 2007. The modern vessel is part of Rosneft Marine’s on-going strategy to replace […]

  • 11 March 2016
    Business & Finance

    Cosco Corporation’s two subsidiaries from China, Cosco (Zhoushan) Shipyard and Cosco (Dalian) Shipyard, have delivered two vessel, an oil tanker and a salvage lifting vessel, to their undisclosed buyers. Cosco (Zhoushan) Shipyard has delivered an 111,000 dwt oil tanker ‘Font Lynx’ to an unnamed European buyer. Data from Intertanko, shows that the vessel owner is Front Athena Inc and that […]

  • 10 July 2018
    Business & Finance

    Singapore’s Pacific Carriers Limited (PCL) has reportedly decided to expand its fleet by up to three new tankers.

  • 2 October 2015

    A chemical tanker was boarded by pirates on Thursday, October 1st while en route some 1.5 nautical miles north-northeast off Sandakan, Malaysia, the International Maritime Bureau’s ICC informed. “Two robbers boarded a tanker via the anchor chain. Alert crew spotted the robbers and raised the alarm, resulting in the robbers abandoning the collected stolen items and […]

  • 19 July 2006

    The fate of public oil tanker Banglar Shourabh, which caught fire last month at the outer anchorage of Chittagong port, is likely to be decided tomorrow whether it will be repaired or scrapped. State Minister for Shipping M Quamrul Islam is scheduled to visit Chittagong tomorrow to give the final decision about the wrecked tanker, […]

  • 23 May 2017
    Business & Finance

    Tanker owner and operator India Steamship has sold its four strong LR2 tanker fleet to Greece’s Centrofin Management, VesselsValue’s data shows. The three 105,800 dwt tankers sold on May 22 for a combined price of USD 65 million are Ratna Namrata, Ratna Shradhra, and Ratna Shruti. All three vessels were built by South Korea’s Hyundai […]

  • 13 September 2016
    Business & Finance

    On September 12, 2016, Swedish tanker owner Terntank took delivery of M/T Ternfjord – the second in a series of four 15,000 dwt chemical tankers with a dual-fuel two-stroke engine being built by China’s Avic Dingheng Shipbuilding.  M/T Ternfjord left the shipyard one day later to load cargo destined for Europe. Terntank earlier said the vessel will […]

  • 24 July 2015
    Business & Finance

    Scorpio Tankers Inc. has entered into a deal to sell 3,392,083 common shares of Dorian LPG Ltd., owner and operator of Very Large Gas Carriers (VLGCs), to Sino Energy Holdings LLC, for a purchase price of USD 16.16 per share.  The company said that the shares would be sold pursuant to an effective resale registration […]

  • 24 July 2015
    Business & Finance

    Scorpio Tankers Inc. has entered into a deal to sell 3,392,083 common shares of Dorian LPG Ltd., owner and operator of Very Large Gas Carriers (VLGCs), to Sino Energy Holdings LLC, for a purchase price of USD 16.16 per share.  The company said that the shares would be sold pursuant to an effective resale registration […]

  • 26 September 2019
    Business & Finance

    The company made changes to its Bunker Adjustment tool to accommodate scrubber-fitted vessels.

  • 20 December 2007

    Traffic in Egypt’s Suez Canal was temporarily disrupted on Thursday after an oil tanker ran aground in the waterway, a canal authority official told AFP. The 150,000-tonne tanker, flying the Maltese flag and travelling from the Red Sea to the Mediterranean, rammed the east bank of the canal after its navigation system broke down, the […]

  • 2 August 2005

    Daewood Shipbuilding to build five LNG tankers Seoul, Aug. 1, 2005 (WAM) — Daewoo Shipbuilding & Marine Engineering Co.,will build five large liquefied natural gas (LNG) tankers valued at US$1.20 billion for Qatar Liquefied Gas II which is a joint venture between Exxon Mobil Corp. and state-run Qatar Petroleum.

  • 14 November 2013

    NYK Stolt Tankers S.A. (NST) — launched as a joint venture company by NYK and Stolt Tankers B.V., the tanker division of Stolt-Nielsen Limited, a Norwegian business group — has ordered a 38,000 deadweight ton parcel tanker from Hudong-Zhonghua Shipbuilding (Group) Co. Ltd., China. A parcel tanker is a versatile chemical tanker that can transport […]

  • 1 December 2014
    Business & Finance

    Concordia Maritime and Stena Bulk have launched a pool of four P-MAX tankers for a period of one year. The pool will include Stena Perros and Stena President, for which the companies previously signed time-charters, as well as Stena Penguin and Stena Primorsk. The four tankers will transport heavy petroleum products, primarily in the Atlantic market. “We […]