10000 results found for 'tanker'

10000 results found for 'tanker'
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  • 7 April 2014
    Vessels

    The UK’s South Hook liquefied natural gas terminal is expected to receive a cargo of LNG on April 13, port data reveals. The Lijmiliya LNG tanker, with a capacity of 263,oo0 cbm, is transporting the cargo from Ras Laffan, Qatar. Qatar Petroleum owns 67.5 per cent of South Hook LNG Terminal Co, Exxon Mobil  24.15 […]

  • 19 July 2012
    Business & Finance

    BAE Systems in Mobile, Alabama joined with Mid Ocean Tanker Company (MOTC) to complete and commission the American Phoenix, a U.S.-flagged, Jones Act-qualified chemical tanker. Measuring 616 feet long and 105 feet wide, the American Phoenix is the largest vessel ever built and launched in the State of Alabama. It has a laden draft of […]

  • 14 May 2013
    Business & Finance

    On 5 May, 2013, the first of two Very Large Crude Carrier tankers (VLCC) ordered by Sovcomflot Group was successfully launched. SCF is a world leader in the product carrier segment, as well as in the Aframax and Suezmax oil tanker segments. In line with the SCF development strategy, the construction of the two new […]

  • 12 July 2018
    Vessels

    Teekay offshore said the first steel was cut for the first of four E-shuttle tanker newbuilds at the South Korean Samsung Heavy Industries shipyard in Geoje. 

  • 2 June 2017
    Business & Finance

    Scotland-based KNOT Offshore Partners LP has finalized the acquisition of the ownership interests in the company that owns and operates the 156,559 dwt shuttle tanker Vigdis Knutsen. The company informed that the purchase price reached USD 147 million, less USD 137.7 million of outstanding indebtedness plus some USD 17.9 million for a receivable owed by […]

  • 21 November 2014

    The Drewry All Earnings Index, which covers the main bulk shipping markets, jumped 53% in October to stand at 200 points on account of large gains for tanker owners, according to the Shipping Insight report published by shipping consultancy Drewry. Suezmax tankers registered a remarkable 400% gain on West Africa-US East Coast routes as oil […]

  • 27 September 2017
    Project & Tenders, Vessels

    Russia’s largest shipping company Sovcomflot will operate Rosneft’s five LNG-fueled Aframax tankers to be built by Zvezda shipyard. 

  • 25 April 2016
    Business & Finance

    Shipping company Navig8 Product Tankers Inc. has entered into a USD 130.3 million senior secured credit facility agreement for post-delivery financing for four 74,000 DWT LR1 product tankers. The loan, entered into with Citibank N.A., London Branch and Caixabank, S.A., is for vessels which were either constructed or are currently under construction at South Korea’s STX Offshore […]

  • 31 December 2013

    Scorpio Tankers Inc. yesterday announced that it has closed on the previously announced acquisition of four MR product tankers currently under construction in South Korea. The purchase price of the four MR product tankers, in aggregate, was approximately $154.4 million. In connection with the sale, the company issued 3,523,271 common shares (or approximately 26% of […]

  • 16 August 2013
    Business & Finance

    Iver Ships B.V. has taken delivery of MT Iver Accord (ex Laguna Swan) and MT Iver Action (ex Diamond Star). These 5,897 DWT bitumen tankers, built in 2010 at Chongqing Dongfeng Ship Industry Co, were purchased from Overseas Maritime Carriers. Iver Action was renamed immediately, while Iver Accord will be officially renamed at the end […]

  • 11 September 2012
    Project & Tenders

    Hudong-Zhonghua Shipbuilding of China, a unit of CSSC Group, has won a contract to build up to six LNG tankers from Sinopec and China Shipping Group, according to several media reports. Hudong-Zhonghua will build four 174,000 cbm tankers with an option for a further two. The vessels will be used to transport LNG from the […]

  • 7 March 2014

    Palmali Group, a shipping company operating in the Mediterranean, Caspian and Black Seas,  has signed a contract with Armada Shipyard for the construction of 5 tankers in accordance with the new series of Armada project RST22M, of DWT 7150, the Group announced yesterday. The contract was signed on the 23rd of December 2013. The delivery […]

  • 1 August 2013
    Business & Finance

    KNOT Offshore Partners LP reported today that further to its announcement on July 12, 2013, its wholly owned subsidiary KNOT Shuttle Tankers AS has completed its acquisition of all interests in Knutsen Shuttle Tanker 13 AS that owns and operates the Carmen Knutsen from KNOT Offshore Tankers AS for a purchase price of $145.0 million […]

  • 3 March 2017
    Business & Finance

    Omani government-owned Oman Shipping Company (OSC) has secured USD 227 million in debt to finance the acquisition of ten tankers, Reuters said citing France-based Societe Generale. Comprising a combination of commercial debt and export credit agency financing, the agreement covers the purchase of 50,000 dwt medium-range tankers constructed by South Korean shipbuilder Hyundai Heavy Industries. Unveiled on […]

  • 25 July 2006

    The world’s biggest independent oil tanker group Frontline has ordered two new Suezmax tankers from China’s Jiangsu Rongsheng Heavy Industries Group Co. Ltd. for an undisclosed sum, Frontline said on Monday. “The vessels will be delivered in November 2008 and February 2009,” Frontline Ltd. said in a statement.

  • 15 April 2020
    Infrastructure, Regulation & Policy, Safety, Vessels

    A Hong Kong-flagged vessel was boarded by unidentified armed men in the Gulf of Oman.

  • 2 January 2012

    UK’s South Hook liquefied natural gas terminal is expected to receive a cargo of LNG this week, according to the Milford Haven Port Authority website. The Umm Slal LNG tanker, with a capacity of 266,000 cbm, is due to arrive on January 7. The South Hook terminal can process 15.6 million tonnes of LNG a […]

  • 26 January 2012

    Nigeria Liquefied Natural Gas Company (NLNG) is seeking to raise around $1 billion to buy new liquefied natural gas tankers. “We are looking to appoint a financial adviser to advise us on the best option to raise a loan in the region of $1bn to acquire about six LNG tankers,” NLNG said, Argus Media reported. NLNG […]

  • 24 January 2019
    Rules & Regulation

    IMO fuel deadline in 2020 is creating a dilemma for chemical tanker owners.

  • 8 May 2025
    Business Developments & Projects, Collaboration, Technology, Vessels

    Finland-based power electronics specialist The Switch, part of Japan’s BEMAC Corporation, has signed a contract to deliver single drives for shaft generators that will be fitted on a quartet of future-fit tankers being built at a Chinese yard. As disclosed, the 113,600 dwt Aframax tankers in question are currently under construction at Xiamen Shipbuilding Industry […]

  • 31 August 2020
    Infrastructure, Vessels

    The keel for the first of two LNG-fueled product and chemical tankers ordered by Donsötank Rederi was laid at the Wuhu Shipyard in China.

  • 24 January 2013
    Business & Finance

    On January 15, Knutsen NYK Offshore Tankers AS (KNOT), of which NYK has a 50 percent share, delivered Carmen Knutsen, a new 157,000 DWT offshore shuttle tanker built by Hyundai Heavy Industries, to Repsol YPF A.S. under time-charter contract for five years plus an option for crude oil transport off Brazil. Furthermore, the KNOT Group […]

  • 19 July 2024
    Business Developments & Projects, Green Marine, Infrastructure, Vessels

    Construction of the first methanol dual-fuel bunker tanker ordered by Fratelli Cosulich has begun in China.

  • 31 October 2012
    Business & Finance, Equipment, Operations & Maintenance

    Recently Hydrex teams carried out a wide range of underwater propeller operations on tankers around the world. Among them a spinner cone (Propeller Boss Cap Fin –PBCF) replacement on a 110-meter vessel in Singapore, a propeller blade straightening on a 248-meter ship in Algeciras, Spain, and a blade cropping on a 183-meter vessel in Flushing, […]

  • 25 July 2016
    Business & Finance

    The Indonesian shipyard PT Batamec, a subsidiary of the Singapore-based offshore marine company Otto Marine Limited, started proceedings in the High Court of Singapore on July 23 against the chemical tanker Ratna Blessing, which led to the arrest of the 2008-built ship for unpaid ship repair related charges. The shipyard has commenced the proceedings through its lawyers Rajah & Tann […]