10000 results found for 'tanker'

10000 results found for 'tanker'
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  • Scorpio Tankers secures scrubber, sale & leaseback financing

    25 September 2020
    Business & Finance, Environment, Equipment, Rules & Regulation, Vessels

    Tanker owner and operator Scorpio Tankers has finalized commitments from three financial institutions and has received a new commitment for a scrubber financing facility. The financing facilities are expected to increase the company’s liquidity by approximately $82 million. Specifically, Scorpio has secured a new commitment of $12 million to finance scrubbers on six MRs of which […]

  • Better Tanker Rates Push Sovcomflot to Profit in 4Q

    18 March 2019
    Business & Finance

    Sovcomflot returned to black in the fourth quarter of 2018, driven by improving tanker rates.

  • Nordic Tankers, V.Group to Establish Ship Management Company

    15 March 2017
    Business & Finance

    Danish chemical tanker owner Nordic Tankers Trading is about to create a new ship management company in partnership with marine and offshore vessel management specialist V.Group which will be called Dania Ship Management. The new company will be created on the foundation of Nordic Tankers’ current operations and the firm’s Chief Operating Officer Carsten Brix Ostenfeldt […]

  • Iran frees crew of arrested South Korean tanker

    3 February 2021
    Authorities & Government, Vessels

    Iranian authorities have released the crew of Hankuk Chemi, a South Korean tanker seized due to “environmental pollution” off Oman a month ago.

  • OW Tanker Saves Its Assets through Alba’s Takeover

    27 November 2014
    Business & Finance

    OW Tanker A/S, a unit of Danish oil trader OW Bunker, has been taken over by Alba Tanker ApS, thus securing the company’s assets, according to Agence France-Presse (AFP). The agreement was reached on Wednesday, November 26th by the OW Tanker’s former management, company liquidators and lenders, AFP writes. The board of the newly formed […]

  • Tokyo LNG Tanker Orders Two LNG Vessels

    28 February 2014
    Business & Finance

    Tokyo LNG Tanker Co., Ltd. has signed a shipbuilding contract for two LNG vessels (165,000m3 tank capacity) with Japan Marine United Corporation. Tokyo LNG Tanker also signed a Heads of Agreement for the joint ownership and 20-year charter of the vessels: one with Mitsui O.S.K. Lines, Ltd. and the other with Nippon Yusen Kabushiki Kaisha. […]

  • Maersk Tankers, Wärtsilä Sign EC BWMS Order

    31 August 2016
    Business & Finance

    Maersk Tankers, the tanker operating arm of the Danish shipping conglomerate Maersk, has ordered Wärtsilä’s Electro Chlorination (EC) Ballast Water Management System (BWMS) for three new 50,000 dwt medium range (MR) tankers being built at the Samsung Heavy Industries (Ningbo) yard in China.  The order was signed in the second quarter of 2016, according to Wärtsilä. Under the […]

  • ICS Ushers In New Chemical Tanker Safety Guide

    8 December 2014
    Business & Finance

    The International Chamber of Shipping (ICS) has published a fully updated edition of the definitive industry guidance on the safe operation of chemical tankers. The new edition of the ICS Tanker Safety Guide (Chemicals) replaces the previous edition issued in 2002. ICS recommends that a copy is carried on board every tanker engaged in the carriage […]

  • Team Tankers Exits Stainless Steel Vessel Market

    18 August 2016
    Business & Finance

    Bermuda-based chemical tanker owner and operator Team Tankers International has fully executed its previously announced exit from the deep sea stainless steel vessel class during the second quarter of 2016. Namely, during the quarter, the company completed the sale of the Sichem Contester, a 19,822 dwt stainless steel ship and agreed to sell the Sichem Edinburgh, a 13,153 dwt […]

  • Ship demolition: 301 tankers sold for scrap in 2021

    25 January 2022
    Business Developments & Projects, Infrastructure, Market Outlooks, Outlook & Strategy, Vessels

    2021 saw 704 vessels sold for scrap overall, with a combined deadweight tonnage of 26.4 million and a total scrap value of $2.7 billion, a report released by VesselsValue shows.

  • Iranian Tanker Ablaze off China, 32 Missing

    7 January 2018

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

  • Drewry: Crude Tanker Rates to Further Drop in 2018

    20 November 2017
    Business & Finance

    Following a sharp decline in crude tanker freight rates seen during 2017, the rates are set to further drop in 2018 amid an expected slowdown in China’s crude stocking activity, shipping consultancy Drewry said. Although tonnage supply growth in the crude tanker market is expected to come down to 3.2% in 2018 after surging by […]

  • Switzerland, Nigeria Transfer Tanker Arrest Dispute to Tribunal

    18 December 2019

    Switzerland and Nigeria have agreed to submit to ITLOS their dispute concerning the tanker San Padre Pio.

  • Nordic American Tankers Names Two New Suezmaxes

    30 August 2016
    Business & Finance

    Bermuda-based tanker owner Nordic American Tankers Limited (NAT) has named two of its new Suezmax tankers, the Nordic Star and the Nordic Space, on August 24. Nordic Star is scheduled to begin operations in early September, while Nordic Space is still awaiting completion. The 162,000 dwt vessels, scheduled to join their owner in the third quarter of 2016 and the first […]

  • Pirates Kidnap Six Tanker Crew off Nigeria

    24 April 2019

    Six crew members of a Palau-flagged tanker were kidnapped by pirates off Nigeria last week. 

  • USA: NASSCO to Build Two Tanker Vessels for APT

    23 October 2012
    Business & Finance

      An affiliate of American Petroleum Tankers Parent LLC (APT), a company majority owned by funds managed by Blackstone on behalf of its investors, announced its commitment to build two new state-of-the-art tanker vessels at the National Steel and Shipbuilding Company (NASSCO) shipyard in San Diego. This commitment is contingent upon approval of a $340 […]

  • AET’s new shuttle tanker ready to work for Petrobras

    1 August 2022
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Transition, Vessels

    The third Suezmax DP2 shuttle tanker, purpose-built for a charter with Petrobras, is expected to start ops in Brazil in a few weeks, says AET.

  • BAHRI Takes Delivery of New Chemical Tanker NCC REEM in Korea

    30 September 2012
    Business & Finance

    The National Shipping Company of Saudi Arabia (BAHRI) announces that its 80% owned subsidiary company The National Chemical Carriers Ltd. Co. (NCC) received on Friday, 28th September 2012 in Korea a new chemical tanker named NCC REEM with DWT of 45,000 tons from SHINAsb (previously SLS) of South Korea, as part of Nine (9) vessels […]

  • One Dead in Collision between Tanker and Fishing Boat

    6 May 2016

    One person died in a collision between an oil tanker and a fishing vessel off the coast of Yeosu in South Korea, the Yonhap News Agency cited coast guard. The accident, which occurred in the evening hours of May 5, involved a 62,000-ton tanker and a 4-ton shrimp boat. The deceased was identified as the 58-year-old captain, […]

  • Iran Seizes Another Tanker for Allegedly Smuggling Fuel

    17 September 2019

    The ship vessel was reportedly smuggling 250,000 liters of diesel fuel to the United Arab Emirates.

  • J. Lauritzen Sells Its Shares in Hafnia Tankers

    11 May 2016
    Business & Finance

    Danish shipping company J. Lauritzen has completed the sale of its stake in Hafnia Tankers Ltd. as the company decided to abandon the product tanker and offshore service segments during the first quarter of 2016. The company also sold its stake in Axis Offshore Pte. Ltd., which is scheduled to be completed in the third quarter of 2016. The shares owned in […]

  • Russia: Okskaya Launches Ninth Tanker of Project RST27

    1 May 2013
    Business & Finance

    Russian shipbuilder Okskaya (Oka) has launched the ninth sea/river tanker of project RST27, the ‘VF Tanker – 19′. Project RST27 vessels, designed by Marine Engineering Bureau, are constructed for the shipping company V.F.Tanker (part of VBTH, majority owned by Universal Cargo Logistics Holding). Special requirements of the Russian and world petroleum companies, additional ecological RS […]

  • Pirates Seize Greek-Owned Tanker Off Oman

    14 May 2012
    Business & Finance

      On 10 May, 2012, an oil tanker managed by Dynacom Tankers Management Ltd. was reported hijacked while it was transiting the Arabian Sea. Twenty-six crew members have been held captive by suspected Somali pirates. The Liberian-flagged Tanker, the M/T SMYRNI, is carrying a cargo of 135000 MT of crude oil. No communications have been […]

  • CAPITAL expands fleet with two LNG-ready tankers

    4 February 2025
    Business Developments & Projects, Green Marine, Infrastructure, Vessels

    Greece’s Capital Ship Management Corp (CAPITAL) has expanded its fleet with two new LNG-ready eco-type crude oil/product carriers.

  • Tanker Sinks Causing Oil Spill in the Gulf of Thailand

    9 April 2014

    An oil tanker sank on Tuesday in the Gulf of Thailand, southwest of Bangkok, about 4 km from the coast causing an oil spill in the area. The tanker was carrying up to 60,000 liters of oil sludge that has leaked. According to a local news agency, the tanker started to capsize on Monday after […]