10000 results found for 'tanker'

10000 results found for 'tanker'
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  • British experts arriving to salvage sunken tanker

    15 August 2006

    To fasttrack the containment operations of the oil spill here, a group of British experts will be arriving Thursday. Their mission is to first conduct an underwater survey in the area where the m/t Solar I sank and, if they can reached the depth where it now lies, puncture and salvage the vessel as soon […]

  • Odfjell: Further Progress in Chemical Tanker Market

    23 August 2013
    Business & Finance

    EBITDA of USD 36 million in the second quarter is reflecting a better utilization of Odfjell’s chemical tanker fleet and a somewhat better market. The company experienced steady nomination of contract cargoes and improved spot rates. Earnings on a time- charter basis ended up 8% compared to the previous quarter, and the average freight rate […]

  • Scorpio Tankers Agrees Sale, Leaseback for Five Ships

    18 May 2018
    Business & Finance

    Scorpio Tankers has agreed sale and leaseback deals for five of its product tankers with AVIC International Leasing.

  • 4 Reasons to Be Upbeat on Tanker Market Outlook

    9 August 2018
    Business & Finance

    DHT Holdings expects the times to turn for the better due to four key reasons.

  • BIMCO: 2018 Absolutely Horrible for Crude Oil Tankers

    10 July 2018
    Business & Finance

    A historically bad crude oil tanker market is struggling to find solid support, BIMCO said in its latest report.

  • Finland: Wartsila Unveils Aframax Tanker Design

    22 October 2012

    Wärtsilä, the marine industry’s leading solutions and services provider, has launched a new, highly efficient Aframax tanker design that offers solutions for current and forthcoming emissions legislation. Wärtsilä Ship Design has developed a double hull, single screw crude oil tanker featuring a CFD (Computational Fluid Dynamics) optimised hull to provide less resistance with higher propulsion […]

  • Tanker Crew Member Medevaced off New Orleans

    25 February 2019

    The 186-meter tanker reported a crew member with appendicitis-type symptoms.

  • Tanker Investments Adds Four More to Its Fleet

    9 May 2014
    Business & Finance

    Tanker Investments Ltd. said that it has agreed to acquire two 2012-built coated Aframax tankers from a third party for an aggregate purchase price of $95 million. These two vessels are expected to join Tanker Investments’ fleet upon closing in late-May and early-June 2014 and will continue to trade in the Teekay Taurus Pool. The […]

  • Shipping boss confident over tanker returns

    10 May 2010

    Booming Chinese demand and cancelled orders for new vessels should ensure continued strong returns for owners of tankers and dry bulk ships, one of the most successful shipping entrepreneurs of recent years has predicted. Peter Georgiopoulos’ comments follow the listing of his latest shipping venture, a dry bulk operator known as Baltic Trading on the […]

  • Taiwan: LNG Tanker Due at Yung-An Tomorrow

    1 May 2012
    Vessels

     Taiwan’s Yung-An LNG terminal is due to receive a cargo of liquefied natural gas this week, according to Kaohsiung Port Authority. The Puteri Zamrud tanker, with a capacity of 137,000 cbm, will reach Yung-An terminal on May 2. The Yung-An terminal is Taiwan’s first liquefied natural gas receiving terminal, and it is operated by CPC. […]

  • Commerzbank Sells 14 Tankers to Reduce Loans

    17 December 2013
    Business & Finance

    With an aim to reduce bad loans, Commerzbank AG, Germany’s second biggest bank, has sold 14 chemical tankers to Oaktree Capital Management LP, Bloomberg reports. Back in 2012, Commerzbank decided to step out from ship financing. “We will continue with our consistent strategy of value-preserving reduction,” Stefan Otto, head of the Hamburg-based Deutsche Schiffsbank unit, […]

  • Tianjin Tianhai Gears Up for Tanker Order

    10 September 2015
    Business & Finance

    Shanghai-listed shipping company Tianjin Tianhai Investment Co is planing to buy four very large crude carriers (VLCCs) for a total of USD 400 million. The company revealed in a stock exchange filing that it is about to float a tender for this purpose. At the moment, the preparation work is ready and Tianjin has hired China National Technical Import & […]

  • Scorpio Tankers Secures Financing for Its Newbuildings

    29 August 2013

    Scorpio Tankers Inc. announced that it has received a Commitment Letter from a leading financial institution of $129 million (the Commercial Tranche) and a Letter of Intent (LOI) from The Export-Import Bank of Korea (KEXIM) of up to $300.6 million (the KEXIM Tranche) for a loan facility of up to $429.6 million (the KEXIM Credit […]

  • Ten Seafarers Kidnapped from Tanker off Cotonou

    20 February 2020

    Ten crew members have been kidnapped from a crude oil tanker off Cotonou, Benin.

  • Stolt Tankers trials sustainable biofuel on Atlantic crossing

    6 April 2021
    Business Developments & Projects, Collaboration, Environment, Infrastructure, Outlook & Strategy, Transition, Vessels, Vision

    Tanker operator Stolt Tankers, part of Stolt-Nielsen Limited, is partnering with biofuels provider GoodFuels to trial the use of a marine biofuel produced from sustainable and certified feedstocks.

  • OFE: A Glimmer of Hope for Asian Tanker Market

    13 April 2017
    Business & Finance

    Already at the start of the second quarter of 2017 Asia’s crude tanker market finds itself flooded with a flurry of newbuilds that hit the water over the last quarter, according to a report from Ocean Freight Exchange (OFE). New tonnage delivered hit 15 million dwt in the first quarter and is expected to stand […]

  • 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 […]

  • NAT Rejuvenates Fleet by Selling Two Older Tankers

    23 November 2018
    Business & Finance

    Nordic American Tankers has sold two of its 1999-built tankers, the Nordic Aurora and the Nordic Sprite.

  • SHI lays keel for Celsius Tankers’ LNG newbuild

    28 October 2019

    South Korean shipbuilder Samsung Heavy Industries has laid the keel for one of the Copenhagen-based Celsius Tankers’ newbuild LNG carriers. 

  • Thenamaris Sells LR2 Tanker for USD 13 Mn

    10 November 2016
    Business & Finance

    Greek shipping company Thenamaris has agreed to sell its LR2 tanker Seafaith II to Indonesia-based tanker company Buana Listya Tama, according to data provided by VesselsValue. Featuring 109,300 dwt, the tanker was sold for a price of USD 13 million. With a length of 244 meters and a width of 42 meters, the tanker has […]

  • BP to lease British Ruby LNG tanker

    22 June 2018
    Vessels

    UK-based major BP’s shipping unit is reportedly put its GEM class liquefied natural gas (LNG) carrier, British Ruby, up for lease. 

  • Ningbo East Shipyard to Build World’s First NOBS Bunker Tankers

    30 April 2012

    Recently shipbuilding contracts were signed regarding the construction of two 6,500 DWT and two 4,500 DWT NOBS (Non Sea Water Ballast Ship) Bunker Tankers, the projects are united to invest by Zhejiang Huayun Shipping Co Ltd and Guangdong Zhanjiang Fuda Shipping (Fuel) Co Ltd and will be constructed by Ningbo East Shipyard Co Ltd. This […]

  • Inpex names Ichthys LNG dedicated tanker

    24 October 2017
    Vessels

    Inpex Corporation named the liquefied natural gas tanker set to transport 0.9 million tons of LNG from its Ichthys LNG project in Australia to the Naoetsu LNG terminal in Japan. 

  • 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 […]

  • Tanker Owners Warned to Act Quickly on ECDIS Compliance

    12 June 2015
    Business & Finance

    Over 4,000 tankers of 3,000 gross tonnes or more, representing 46% of the global 3,000+ gt tanker fleet, are not yet using ENCs (Electronic Nautical Charts) on ECDIS, which will be mandatory as of July 1, when SOLAS regulations on the mandatory carriage of ECDIS comes into force, data from the United Kingdom Hydrographic Office (UKHO) shows. Of […]