Tankers News

 

Refinery Strike Talks Unlikely This Week

Feb 24, 2015

Talks to end the largest U.S. refinery strike in 35 years are not expected to resume this week, sources familiar with the negotiations said on Monday after the number of plants hit by walkouts increased over the weekend.Face-to-face meetings…

Refinery Strike Affects One-Fifth of U.S. Capacity

Feb 23, 2015

The largest U.S. refinery strike in 35 years entered its fourth week on Sunday as workers at 12 refineries accounting for one-fifth of national production capacity were walking picket lines.Sources familiar with the negotiations said talks may resume by mid-week to end the walkout by 6…

Buamim Addresses Offshore Support Journal Conference

Feb 23, 2015

Khamis Juma Buamim, Chairman of Drydocks World Group and Maritime World participated in the 'Annual Offshore Support Journal Conference' held from February 17th to 19th 2015, in London. The conference saw good participation from key global and regional speakers in the marine…

Union Rejects Oil Refinery Contract Offer

Feb 20, 2015

Union negotiators on Thursday rejected the latest contract offer from oil companies and said the largest U.S. refinery strike since 1980 may spread to more plants beyond the 11 where walkouts are underway.The United Steelworkers union (USW)…

U.S. Refinery Strike in 18th Day as Talks Resume

Feb 19, 2015

The largest U.S refinery workers strike since 1980 passed its 18th day on Wednesday but talks between union and oil company representatives over safety and pay restarted after a gap of a week and went into the night, according to a union text message…

Euroseas Report Loss in 4Q, FY 2014

Feb 16, 2015

Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced today its results for the three month period and full year ended December 31…

Founder Stolt-Nielsen Passes Away

Feb 16, 2015

Jacob Stolt-Nielsen, 83, passed away today in the company of his family at his home in Oslo. An entrepreneur and visionary of boundless enthusiasm and energy, Jacob Stolt-Nielsen founded Parcel Tankers, Inc. in 1959 and pioneered the global trade for liquid chemicals…

Singapore Revokes Two Bunker Licenses

Feb 13, 2015

Two companies are no longer allowed to operate as bunker suppliers and bunker craft operators in the Port of Singapore. The Maritime and Port Authority of Singapore (MPA) has revoked the bunker supplier and bunker craft operator licenses…

Hafnia Tankers Eyes USD 34 Mln to Finance Fleet Additions

Feb 13, 2015

Hafnia Tankers Ltd have entered into an agreement to acquire 4 LR1 product tankers.This acquisition confirms the commitment of Hafnia Tankers and its stakeholders to further expand the business within the product tanker segment.The vessels are: Kihada – to be renamed Hafnia Africa…

Wärtsilä DF Engines for Icebreaking LNG Carriers

Feb 12, 2015

Five new Arc 7 design ice-class LNG carriers being built at the Daewoo Shipbuilding and Marine Engineering (DSME) yard in South Korea will be powered by a total of 30 Wärtsilä 50DF dual-fuel engines. The vessels will operate in arctic conditions to serve the Yamal LNG project in Northern Russia…

USCG Detain Tanker in Port Angeles

Feb 11, 2015

Coast Guard personnel detained the tanker Overseas Jademar in Port Angeles, Monday. Port State Control officers, from Coast Guard Sector Puget Sound, discovered several significant safety violations during a port state control exam of the Marshall Island-flagged tanker…

NewLead Holdings Company Update

Feb 11, 2015

NewLead Holdings Ltd. has succeeded in growing the fleet of the Company from two to ten vessels in less than one year following its growth strategy and delivering on its commitments.NewLead's fleet has been entirely transformed to include younger…

‘Business as Unusual’ for Oil in the Medium Term

Feb 10, 2015

IEA report sees a transformed market, with supply more responsive to prices than in the past – and demand less so The recent crash in oil prices will cause the oil market to rebalance in ways that challenge traditional thinking about the responsiveness of supply and demand…

Oil Tankers Run Gauntlet in Nigeria's 'Pirate Alley'

Feb 05, 2015

A pirate attack that killed a supertanker crewman off the coast of Nigeria this week has highlighted a growing threat off oil-rich West Africa, as vessels carrying millions of barrels of crude traverse a region that has become known as 'pirate alley'…

Wärtsilä's Propulsion For First CNG Carrier

Feb 05, 2015

The world's first ever carrier vessel for compressed natural gas (CNG) is to be powered by an integrated Wärtsilä propulsion system, chosen for its energy efficiency and environmental sustainability. The vessel is being built at the Jiangsu…

Logistics News

New $1.2B Subsea Cables Factory Plan Set to Transform Port of Tyne

New $1.2B Subsea Cables Factory Plan Set to Transform Port of Tyne

Barcelona to Get New Finished-Vehicle Logistics Terminal

Barcelona to Get New Finished-Vehicle Logistics Terminal

Phase 1 of Gdynia Quay Upgrade Complete

Phase 1 of Gdynia Quay Upgrade Complete

Egypt's Suez Canal Offers 15% Discount to Win Back Big Container Ships As Trade War Stabilizes

Egypt's Suez Canal Offers 15% Discount to Win Back Big Container Ships As Trade War Stabilizes

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