10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Pemex Oil Tanker on Fire in Gulf of Mexico

    26 September 2016
    Business & Finance

    The 2005-built oil tanker Burgos ignited on Saturday while it was in the Gulf of Mexico, according to the ship’s operator, the Mexican state-owned petroleum company Mexican Petroleums (Pemex). The fire occurred while the vessel, which was loaded with more than 160 thousand barrels of gasoline and diesel fuel, was anchored off the coast of Boca del Rio, Veracruz. Pemex said that the […]

  • Turkey: Palmali Launches New Tanker GOBUSTAN

    29 August 2011
    Business & Finance

    Launching ceremony of new tanker, named Gobustan, took place on August 27, 2011 at Besiktas Shipyard, Yalova (Turkey). PALMALI is committed to providing a professional ship management service in a competent cost effective manner, in order to meet the requirements of its customers as well as discharging its responsibilities towards its employees, the public and […]

  • Aker BP prolongs Saipem rig’s stay in Norway

    30 July 2025
    Business Developments & Projects, Project & Tenders

    Norwegian oil and gas player Aker BP has extended the contract for the assignment of a semi-submersible drilling rig owned by Italian energy giant Saipem offshore Norway.

  • Wisdom Marine Orders Two Tankers in Japan

    28 June 2016
    Business & Finance

    Taipei-based shipping company Wisdom Marine Lines has decided to enter the tanker shipping market as it ordered two new vessels in Japan, according to the company’s stock exchange filing. Namely, the order for the new 115,000 dwt oil tankers, placed with Japanese shipbuilder Japan Marine United (JMU), is valued at around USD 100 million. In a separate announcement, the company said […]

  • 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 […]

  • Suezmax Tanker Handed Over to Ocean Yield

    30 June 2017
    Business & Finance

    Norwegian shipowner Ocean Yield ASA has taken delivery of Poliegos, the recently acquired Suezmax tanker newbuilding.  Earlier this month, Ocean Yield bought the 2017-built Poliegos for USD 54 million. “Upon delivery, the vessel commenced a 14-year bareboat charter to a company owned and guaranteed by Okeanis Marine Holdings SA,” Ocean Yield said, adding that the management company […]

  • Two Oil Tankers Collide Off Belgium

    21 September 2016

    Two oil tankers suffered little damage after they collided in the morning hours of September 21, according to Belgian Maritime Rescue and Coordination Centre (MRCC). The vessels in question are the 50,215 dwt Ridgebury Katherine Z and the 73,334 dwt Maistros, both built in 2009. The cause of the incident, which occurred in the Belgian part of the […]

  • Chemical Tanker NCC FAJR Departs DSME

    18 December 2013

    National Chemical Carriers Ltd. Co. (NCC) of Saudi Arabia, a subsidiary of The National Shipping Company of Saudi Arabia (BAHRI) received on Wednesday, 18th December 2013 in Korea a new chemical tanker named “NCC FAJR” from Daewoo Shipbuilding and Marine Engineering Co. Ltd. (DSME) of South Korea. “NCC FAJR” is the first of its kind […]

  • SFL – Sale and Conversion of Single Hull Tankers

    7 January 2007

    Ship Finance International Limited (NYSE:SFL) (“Ship Finance” or the “Company”), today announced that it has agreed to sell the single hull suezmax tanker Front Transporter to an unrelated third party at a gross sales price of $38 million. Frontline will receive a compensation payment of approximately $15.4 million for the termination of the charter, and […]

  • Scorpio Tankers Lands USD 196 Mn in Loans

    2 May 2018
    Business & Finance

    Scorpio Tankers has secured commitments from four European banks for up to USD 195.9 million worth of loans.

  • Ocean Yield Invests in Two Chemical Tankers

    27 September 2016
    Business & Finance

    Norwegian ship-owner Ocean Yield ASA has agreed to acquire two 45,000 dwt IMO II chemical tankers for a consideration of USD 35 million per vessel in combination with 12-year “hell and high” bareboat charters to maritime services provider Navig8 Group. Built in 2013, the two chemical tankers are scheduled to be delivered to Ocean Yield by the end […]

  • 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 […]

  • Int’l Tribunal Orders Nigeria to Free Swiss Tanker, Crew

    8 July 2019

    Tribunal: Nigeria should release a Swiss tanker and its crew after Switzerland provides relevant guarantees.

  • Oil tanker Makhambet launched at Viborg shipyard

    31 July 2006

    Oil tanker Makhambet for Mobilex Energy of Kazakhstan is launched at Viborg shipyard today. The vessel is purposed for crude oil and oil products transportation in Caspian Sea, Trend reports. The tanker was designed in Vimpel construction bureau. Makhambet is the sixth in a row built and commissioned at Viborg Shipyard OAO for Kazakh customers. […]

  • Teekay LNG Partners Sells Suezmax Tanker

    23 December 2016
    Business & Finance

    Owner and operator of liquefied natural gas carriers Teekay LNG Partners has decided to sell its 151,800 dwt Suezmax tanker to Greece-based shipowner Eurotankers, according to data provided by VesselsValue. The vessel in question is the 269-meter-long Asian Spirit, built by South Korean Hyundai Heavy Industries in 2004. Although the financial details of the agreement […]

  • Hyundai Heavy to Build Boxships, Tankers for IRISL

    12 December 2016
    Business & Finance

    South Korean shipbuilder Hyundai Heavy Industries (HHI) has signed contracts to construct 14,500 TEU container ships and 49,000 dwt product/chemical carriers for Islamic Republic of Iran Shipping Lines (IRISL). The value of the contracts, which were signed in Seoul on December 9, 2016, was not revealed. However, VesselsValue’s data suggests that the deals are worth USD […]

  • SHI to Build Four Tankers for Norwegian Owner

    12 October 2016
    Business & Finance

    Norwegian Viken Shipping has ordered four oil tankers from South Korea’s shipbuilder Samsung Heavy Industries under a contract worth around KRW 240 billion (USD 213 million), according to Yonhap News Agency. Namely, the shipbuilder said that the deal involves a pair of Suezmaxes and two Aframax tankers, with capacities of 123,000 dwt and 157,000 dwt, respectively. The vessels are […]

  • COSCO to double large oil tanker fleet

    6 November 2006

    State-owned China Ocean Shipping (Group) Co., commonly known as COSCO Group, said it plans to nearly double its fleet of large oil tankers to meet booming demand for crude oil imports in the country. “We need at least 15 VLCCs (very large crude carriers) to meet our current needs,” COSCO Group president Wei Jiafu said […]

  • LK Receives Tanker From Croatian Shipyard

    20 September 2006

    On September 19 the joint-stock shipping company Latvijas kugnieciba (LK) ceremoniously accepted the second tanker – the vessel “Jurkalne”, from the Croatian ship factory 3.Maj, as LK Public Relations Service chief Marita Ozolina-Tumanovska informed LETA. Iveta Sulca, who is head of the European Commission Representation in Latvia and current Latvian Ambassador to the Czech Republic […]

  • Euronav’s Tanker Runs Aground, Crew Safe

    13 April 2017

    Euronav’s crude oil tanker M/T Alex ran aground on Wednesday, April 12th on a soft mud bottom while sailing between Borneo and Sumatra on its way to Ningbo, China. According to the ship’s managers, Euronav Ship Management, the 299,446 DWT vessel was laden when it got grounded. “No injuries or pollution have been reported while the vessel remains […]

  • 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, […]

  • 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 […]

  • New Chinese Tanker Giant Company Is Born

    8 June 2016
    Business & Finance

    Chinese shipping major China COSCO Shipping Co. has established a new tanker shipping company named COSCO Shipping Energy Transportation Co.Ltd. The new company was officially launched on June 6th in Shanghai, marking the integration of COSCO’s shipping businesses and also opening a new page for energy transportation, Executive Vice President of China COSCO Shipping Corporation Limited Sun […]