10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Ultranav, Beyond the Sea to install kite-based propulsion system on chemical tanker

    19 May 2025
    Business Developments & Projects, Collaboration, Infrastructure, Innovation, Outlook & Strategy, Vessels

    Chile-based shipping group Ultranav has entered into a co-development agreement with Beyond the Sea, a French pioneer in kite-powered propulsion, to bring kite-powered propulsion to commercial shipping.

  • 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 […]

  • 12 Rescued from Stricken Bitumen Tanker

    21 November 2018

    Twelve crew members of Durban Queen have been rescued after their vessel got into trouble in the Persian Gulf.

  • Frontline Exits Medium Range Tanker Segment

    13 June 2016
    Business & Finance

    John Fredriksen-controlled oil tanker shipping company Frontline Ltd. has decided to exit the medium range tanker segment as it confirmed the sale of its six medium range tankers. The vessels were sold for a price of USD 172.5 million to New York-listed Ardmore Shipping Corporation (Ardmore). Scheduled to be delivered to their new owner during September and October 2016, the […]

  • 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 […]

  • Tanker Investments Inks Charters for Two Suezmaxes

    18 May 2017
    Business & Finance

    Norway-based investment company focused on the tanker market Tanker Investments Ltd. (TIL) has secured one-year time charters for two of its Suezmax vessels.  The gross rate for the 2010-built Tahoe Spirit and the 2009-built Shenlong Spirit is USD 19,750 per day for each vessel. “These two time charters, which commenced in late-March and early-April 2017, […]

  • Libya-Bound Oil Tankers Facing Arrest

    9 July 2015

    Panama-flagged oil tanker Trident Hope and Greece-flagged crude oil tanker Minerva Alexandra, which are bound for Libya’s Ras Lanuf port, are facing arrest, according to the Petroleum Facilities Guard, the Libyan Army unit tasked with the protection of Libya’s oil facilities. Namely, the Guard said that it would impound any vessel that arrives there to load oil or […]

  • Oil Tanker Buildup at Basra Oil Terminal

    3 April 2015

    Dozens of oil tankers are waiting to load at Iraq’s offshore deep sea oil terminal Al Basra Oil Terminal in the Persian Gulf. A buildup of over 30 oil tankers has been reported amid delays of up to three weeks to load oil caused by bad weather and possible oil quality issues, Reuters cited shipping sources as saying. Some […]

  • PRISCO Launches Second Tanker of Suezmax Type

    12 July 2007

    On July 11 PRISCO has launched the second Suezmax type ship named “PRISCO Alcor”. Tanker of 166 00 DWT is under construction at Hyundai Heavy Industries Shipyard in South Korea.

  • New rules spark rise in orders for tankers

    28 March 2006

    SINGAPORE Shipowners are rushing to order oil tankers from yards including Hyundai Heavy Industries in South Korea before stricter design rules take effect Saturday, increasing the cost of vessels.

  • Triyards Loses Another Chemical Tanker Order

    1 March 2018
    Business & Finance

    Triyards has received a termination notice for a design and construction deal related to a chemical tanker.

  • First Teekay ECC Shuttle Tanker Starts Taking Shape

    24 February 2017
    Business & Finance

    South Korea’s Samsung Heavy Industries has laid keel for Teekay’s first shuttle tanker newbuilding intended for the East Coast Canada (ECC) project. The milestone marks the end of the block building period as well as the beginning of the next phase – completion of the newbuilding with all its systems. The shuttle tanker, the Beothuk Spirit, is expected […]

  • Terntank takes delivery of second fossil-free hybrid tanker

    28 February 2022
    Business Developments & Projects, Outlook & Strategy, Transition, Vessels

    Swedish tanker operator Terntank has taken delivery of the second 100% biofuel compatible chemical and product tanker that emits no greenhouse gases or carbon particulates during port operations.

  • Scorpio Tankers Secures USD 300 Mn Loan

    7 July 2016
    Business & Finance

    Monaco-based tanker owner Scorpio Tankers has received an approval for a loan of up to USD 300 million from ABN AMRO Bank N.V., Nordea Bank Finland plc, acting through its New York branch, and Skandinaviska Enskilda Banken AB. According to the company, the loan, which will be used to refinance the existing indebtedness on 16 MR product […]

  • Global tanker industry prepared for future challenges

    10 April 2006

    One important change for larger tankers is that there is no longer a serious backlog of old ships that can easily be removed should market prospects look unfavourable, said the managing director of Intertanko, Peter M Swift.

  • Two More ECO LR2 Tankers for GSI

    27 November 2013

    Navig8 Product Tankers Inc. has declared effective further shipbuilding contracts for the construction of two additional ECO LR2 tankers to be built at Guangzhou Shipyard International (GSI). The two new ECO LR2 tankers have identical specifications as the company’s firm vessels already on order with GSI. The delivery dates for the two new tankers are […]

  • UACC Purchases Two Product Tankers (UAE)

    30 January 2014
    Business & Finance

    Dubai – headquartered shipping company United Arab Chemical Carriers has bought two product tankers for an estimated amount of $57m, Arabian Supply Chain (ASC) reports. The 47,400-dwt Ocean Leo is worth $28m and the 47,300-dwt Zapphire is worth $29m. Both of them were built in 2010 at Onomichi Shipyard, Japan. Including this purchase, the UACC’s […]

  • Toisa Secures Charter for Tanker United Ideal

    24 March 2017
    Business & Finance

    US-based energy major Chevron Corporation has agreed to ratify a charter contract for the crude oil tanker United Ideal, according to offshore support vessels operator Toisa Limited. The owner of the 161,800 dwt tanker said that the deal, agreed on March 22, will cover the vessel’s charter on a 30-day or more voyage from the Arabian […]

  • Euronav Sells Suezmax Tanker for Offshore Project

    15 January 2019
    Business & Finance

    Euronav sells its Suezmax vessel to a supplier and operator of offshore floating platforms.

  • Sungdong Wins Four ECO LR2 Tankers

    12 November 2013

    Navig8 Product Tankers Inc. has signed shipbuilding contracts for the construction of four additional ECO LR2 tankers to be built at Sungdong Shipbuilding & Marine Engineering Co., Ltd. The four new ECO LR2 tankers have been ordered by use of existing newbuilding options with Sungdong and have identical specifications as the company’s firm vessels already […]

  • LNG-fueled Marine Vicky joins Sinanju Tankers’ fleet

    30 January 2020
    Vessels

    Sinanju Tankers Holdings said that Marine Vicky, Singapore’s first LNG-fueled bunkering vessel joined its fleet.

  • Stream Tankers Inks Newbuilding Contracts (Japan)

    18 September 2013
    Business & Finance

    Stream Tankers AS, have entered into newbuilding contracts with Fukuoka Shipbuilding Co. Ltd. and Shitanoe Shipbuilding Co. Ltd. in Japan for up to five advanced 19,900 dwt. chemical tankers with cargo tanks in stainless steel. The vessels will be of the new Fukuoka/Shitanoe eco-design hulls and combined with modern efficient engines will give substantial fuel […]

  • Lloyd’s Register publishes third Tanker Focus

    27 March 2007

    Lloyd’s Register has published the third issue of its Tanker Focus magazine. The latest issue of this twice-yearly publication covers a range of topics.

  • SCF: LNG Tanker Grand Aniva Completes Bunkering Operation (Russia)

    25 May 2012
    Vessels

    On 22 May LNG tanker Grand Aniva replenished fuel supplies in the Russian port of Nakhodka and became the first gas carrier to perform bunkering operation in Russia. Previously only oil tankers of Sovcomflot entered this port. Gas tankers working for the Sakhalin-2 project usually took the bunker in the ports of the Asia-Pacific Region […]