Tankers News


Grounded Tanker Refloats Itself, Heads for Port of Pascagoula

Jun 23, 2015

The stranded tanker SCF Khibiny on June 20 refloated itself without third party assistance and stayed at the anchorage of the port of Istanbul, SCF Group said Tuesday. No crew members were hurt, and no damage was caused to the vessel or its cargo…

Seagull Maritime Targeting Enclosed Spaces Campaign

Jun 22, 2015

Seagull Maritime has launched a new onboard training course covering Enclosed Space Entry in ships, at a time when the issue is being brought into sharp focus by industry regulators. A committee meeting of the Ports Memorandum on Port State…

Hijacked Tanker Released, Pirates Escape

Jun 19, 2015

The hijacked oil tanker Orkim Harmony has been released by pirates, who fled in the ship's rescue boat, Malaysian navy and maritime officials said on Friday. The Orkim Harmony, hijacked on June 11 off the Malaysian coast by pirates reportedly armed with pistols and machetes…

Hijacked Tanker Located in Cambodian Waters

Jun 18, 2015

MT Orkim Harmony, the fuel-laden Malaysian tanker that “disappeared” off the east coast of Johor last Thursday has been detected in Cambodian waters, according to Chief of Navy Admiral Abdul Aziz Jaafar says a report in Bernama. Abdul Jaafar said the tanker had been repainted and renamed…

KNOT Orders New Tanker for Charter with BG Group

Jun 18, 2015

Knutsen NYK Offshore Tankers AS (KNOT) has concluded a time-charter contract with Brazil Shipping 1 Limited, a subsidiary of the U.K. energy supplier BG GROUP PLC.  This contract is for a maximum 20-year period starting from the second…

Euronav in $384m Deal for 4 VLCCs

Jun 17, 2015

Euronav has entered into an agreement for the acquisition through resale of four VLCCs which are completing construction at Hyundai Heavy Industries for an aggregate purchase price of $384 million or $96 million per unit. The vessels are due to be delivered as early as September 2015…

U.S. Energy Security: Maritime Infrastructure Investment is a Key, says Moniz

Jun 16, 2015

The maritime industry was front and center yesterday in Washington, D.C., as “getting more oil on the water” was touted as one piece of the puzzle in ensuring future U.S. energy security, said U.S. Secretary of Energy Ernest Moniz. Sec. Moniz spoke yesterday at the U…

On Board Fuel Blending

Jun 16, 2015

Dennis de Bruin, Marine Director at BMT Surveys, explains the current issues and new regulations concerning the on-board blending of fuels.Fuel oils are mainly a blend of oils and other components, for example; aromatic hydrocarbons such as benzene…

IMO Adopts Regulations for Ships Using LNG

Jun 16, 2015

United Nations' International Maritime Organization (IMO) adopted globally binding regulations for ships using liquefied natural gas (LNG) as fuel.The IMO has just adopted a new international code of safety for ships using gases or other low-flashpoint fuels – the so-called IGF Code…

Malaysian Tanker Missing

Jun 15, 2015

The Malaysian-registered vessel MT Orkim Harmony carrying 6,000 metric tonnes of RON95 petrol went missing in the South China Sea near Johor on Thursday (June 11). The tanker was sailing from Malacca to Kuantan Port.   Prime Minister Datuk…

Egypt Receives LNG Shipment from Australia

Jun 13, 2015

Egypt received a cargo of liquefied natural gas from Australia after the exporter sent two shipments to the region in the past two years, signaling increasing demand, reports The Daily Star. The Woodside Rogers tanker arrived at Egypt's…

Tanker Market Full Streams Ahead, Says OPEC

Jun 13, 2015

The dirty tanker market enjoyed a general improving sentiment in May for vessels in all reported classes on the back of high tonnage demand and increased activities.  Clean tanker freight rates declined on average, mainly as freight rates reported on the West of Suez were weak…

Container Shipping Capacity Threat for Profitability

Jun 12, 2015

The rapid expansion of container shipping capacity this year threatens to reverse the strong profitability ocean carriers showed in the first quarter, Drewry Shipping Consultants Ltd said. Carriers weathered a storm of low rates in the…

54% of Tankers Comply with ECDIS Mandate

Jun 11, 2015

More than 4,000 tankers are not yet using an ENC service ahead of July 1, 2015 ECDIS mandate SOLAS regulations on the mandatory carriage of Electronic Chart Display and Information System (ECDIS) for all tankers of 3,000 gross metric tons or more come into force July 1…

Stolt-Nielsen, Golar LNG Form Joint Venture

Jun 11, 2015

Stolt-Nielsen Limited and Golar LNG Limited have formed a 50/50 joint venture to pursue opportunities in small-scale LNG production and distribution, the companies announced today. Stolt-Nielsen Limited has invested in Golar LNG through open-market purchases…

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