10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Iranian Tanker Ablaze off China, 32 Missing

    7 January 2018

    32 people are reported missing as fire rages onboard an Iranian oil tanker Sanchi.

  • Two Killed, One Missing after Explosion on Russian Tanker

    4 November 2019
    Business & Finance

    Two people died and another person is missing following an explosion on board a Russian tanker.

  • Scorpio’s Merger with Navig8 Product Tankers to Close by September

    30 August 2017
    Business & Finance

    The previously announced merger between Marshall Islands-incorporated tanker owner and operator Navig8 Product Tankers Inc. (NPTI) and Scorpio Tankers has moved a step forward as it has secured approval from NPTI’s shareholders on Tuesday, August 29. “At the meeting, approximately 94.25% of the NPTI shares outstanding were voted, all of which were voted in favor […]

  • Maersk Tankers launches digital spin-off ZeroNorth

    18 June 2020
    Business & Finance, IT & Software

    A new digital company named ZeroNorth, a spin-off from Maersk Tankers, has been established, aiming to accelerate digitalization of shipping to address CO2 emissions and boost earnings. The company is making available the software Optimise (previously known as SimBunker) to vessel owners and operators, to reduce bunker consumption by determining the optimal speed of each vessel using […]

  • Australia: second tanker due at GLNG this week

    19 October 2015
    Vessels

    A second liquefied natural gas carrier is expected to dock at the GLNG jetty on Curtis island off Gladstone this week. LNG tanker Cool Voyager, with a capacity of 160,000 cbm, is due to arrive at the Santos-operated US$18.5 billion LNG plant around October 21, according to Gladstone port shipping data. The final destination of […]

  • Tsuneishi Shipbuilding to Switch Focus to Tankers, Boxships

    1 June 2017
    Business & Finance

    Japanese shipbuilder Tsuneishi Shipbuilding revealed plans to lower the construction ratio of bulk carriers by 2023 and shift to other ship types such as tankers and containerships.  In response to falling ship prices and ocean freight affected by excess shipping tonnage worldwide, the shipbuilder said it plans to promote a strategic product mix and build a […]

  • Tanker’s Faulty CPP System Led to Collision

    7 November 2014
    Business & Finance

    The U.K. Marine Accident Investigation Branch (MAIB) has determined that a slow-responding CPP System had led to the 93m chemical tanker Key Bora making heavy contact with the western approach jetty at Alexandra Dock, Hull on December 20, 2013. The vessel’s CPP system had a history of responding slowly to demands for astern pitch, and […]

  • Drewry: Tightness in Oil Supply to Hurt Tanker Demand

    16 July 2019

    The negative impact on tanker demand, especially VLCCs, would go some way to negate the normal seasonal upturn.

  • MSI: Tanker Earnings to See Muted Upside by April

    16 February 2016
    Business & Finance

    Tanker market earnings should experience a limited upside from current levels by April with time charter rates being under pressure as a result of growing supply of large crude and products tonnage, Maritime Strategies International reports in its latest Tanker Freight Forecaster. After what was a strong last quarter of the year, the tanker freight market witnessed a […]

  • Teekay Corporation Announces Creation of New Tanker Company

    21 January 2014
    Business & Finance

    Teekay Tankers Ltd. (Teekay Tankers) and Teekay Corporation (Teekay) today jointly announced the creation of Tanker Investments Ltd. (TIL), which will seek to opportunistically acquire, operate and sell modern secondhand tankers to benefit from an expected recovery in the current cyclical low of the tanker market. TIL has completed a $250 million private equity offering […]

  • Maersk Tankers’ New Ships to Save Fuel with Wärtsilä

    13 September 2018
    Business & Finance

    Wärtsilä wins propulsion control system deal for Maersk Tankers’ six 110,000 dwt LR2 newbuildings.

  • Port of Rotterdam and Vast looking into electrification of oil tankers

    23 April 2025
    Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Research & Development, Technology, Transition, Vessels

    The Port of Rotterdam, one of Europe’s major energy hubs, has partnered with Brazilian Vast Infraestrutura, a Prumo Group company providing oil transshipment services, to study the electrification of oil tankers at berth globally.

  • Nordic American Tankers Completes Acquisition of Scandic

    11 January 2013
    Business & Finance

    On December 17, 2012 NAT announced that it had acquired 100% of the shares of Scandic American Shipping Ltd. (“Scandic”), its management company since 2004. This transaction has now been completed. The Company acquired Scandic from a company controlled by Herbjørn Hansson, NAT’s Chairman and CEO, and his closest family. As part of the consideration […]

  • LNG tanker docks at India’s Dahej terminal

    11 March 2015
    Vessels

    Petronet’s Dahej LNG terminal on India’s west coast received a cargo of the chilled gas from Qatar. The 138,700 cbm Raahi LNG carrier arrived at Dahej today and is currently docked at the import terminal, shipping data reveals. RasGas of Qatar recently said it has delivered the 1000th LNG cargo from its Ras Laffan facility […]

  • UK-US duo buying Europe’s ‘largest’ LNG regasification facility

    14 August 2025
    Business & Finance, Business Developments & Projects

    U.K.-based energy company Centrica and U.S. investment firm Energy Capital Partners (ECP), part of Bridgeport Group, have set the wheels in motion to acquire the liquefied natural gas (LNG) terminal in Kent County, UK, from British electricity and gas utility, the National Grid group.

  • NASSCO Lays Keel for 5th APT’s ECO Tanker

    27 September 2016
    Business & Finance

    On September 23, 2016, Californian shipbuilder General Dynamics NASSCO held a keel laying ceremony for the Palmetto State, the fifth ECO Class tanker being built for crude oil transporter American Petroleum Tankers (APT).  The Palmetto State is the eighth ship to be constructed as part of an eight-ship ECO Class tanker program for two customers […]

  • Poor TCE Rates Push Scorpio Tankers to Loss

    27 April 2017
    Business & Finance

    Due to low time charter equivalent (TCE) rates, Monaco-based tanker shipping company Scorpio Tankers suffered a net loss of USD 11.5 million in the first quarter of 2017, against a net income of USD 28 million posted in the same period last year.  From January to March 2017, TCE revenue decreased to USD 120.3 million […]

  • Besiktas Shipyard wins LNG-powered tankers order

    14 November 2014
    Vessels

    Turkis Besiktas Shipyard won an order from Groupe Desgagnés of Canada for two LNG-powered tankers.

  • Thun Tankers Christens LNG-Fueled Ship in Stockholm

    12 September 2019
    Business & Finance

    The 18,000 dwt ship, built by Avic Dingheng, is the third from a batch of six Sweden-flagged sister vessels.

  • d’Amico Tankers, Hudson Partners Terminate Letter of Intent

    25 March 2014
    Business & Finance

    d’Amico International Shipping S.A. said that its operating subsidiary d’Amico Tankers Limited (Ireland) and Hudson Partners LLC (CT, USA) have decided to not implement the agreed Letter of Intent, announced in May last year. The LOI was signed for the novation of the contract related to the construction of a new ‘Eco design’ product/chemical tanker […]

  • Scorpio Tankers Adds Two to Its Newbuilding Fleet

    14 July 2015
    Business & Finance

    Tanker owner and operator Scorpio Tankers Inc. has entered into two separate agreements to purchase an MR product tanker and an LR2 product tanker that are currently under construction for a total of $95.5 million. The MR product tanker is being built by Hyundai Mipo Dockyard Co. Ltd. of South Korea (HMD) and has cost Scorpio approximately […]

  • Monaco: Scorpio Tankers Announces Modernization of its Fleet

    23 December 2011
    Business & Finance

    Scorpio Tankers Inc. announced that it has signed a contract with Hyundai Mipo Dockyard Co., Ltd. of South Korea to construct a 52,000 DWT MR product tanker for approximately $36.4 million, executed a $92.0 million credit facility with Credit Agricole Corporate and Investment Bank and Skandinaviska Enskilda Banken AB  to partially finance four previously announced […]

  • Navig8 Product Tankers Takes 1st Newbuild from CSSC Offshore

    23 May 2016
    Business & Finance

    Navig8 Product Tankers Inc has taken delivery of the Navig8 Grace, a 113,000 DWT LR2 tanker from China-based CSSC Offshore & Marine Engineering Company Limited, formerly known as Guangzhou Shipyard International Company. The Navig8 Grace is the first of eight vessels contracted at CSSC Offshore to be delivered to the company and is the first […]

  • Kuwait to build four new crude oil tankers

    28 September 2006

    The Kuwait Oil Tanker Company (KOTC) plans to build four new crude oil tankers with a total capacity of 1.2 million tons, Kuwait News Agency (TUNA) reported on Wednesday. According to the report, each tanker will cost 120 million to 130 million U.S. dollars depending on technical specifications, while the previous cost was 100 million […]

  • Fire Erupts aboard Tanker at Norway’s Sture Terminal

    13 September 2019

    The tanker arrived at the Sture terminal from the Port of Gothenburg.