Bahri subsidiary, National Chemical Carriers Ltd., cancels contract for chemical tanker (NCC Bader) due to the delay in terms of delivery.The National Shipping Company of Saudi Arabia (Bahri) announces that its 80% owned subsidiary company National Chemical Carriers Ltd…
The Coast Guard is continuing to oversee the response to a motor tanker that suffered a hull breach to their ballast tank on the Hudson River near Stuyvesant, N.Y. Thursday.Coast Guard Sector New York was notified Thursday that the 600-foot motor tanker…
Tsakos Energy Navigation Limited (TEN ) (NYSE: TNP) one of the largest independent ice-class owners in the world with 21 out of 51 vessels with ice-class capabilities has announced six-month time charters for three ice class tankers to a global…
Construction starts on the second of two Aframax tankers for SeaRiver Maritime, Inc., Exxon Mobil Corporation’s U.S. marine affiliate. The construction of the two tankers, valued at $400 million, will create more than 1,000 jobs.A small…
Award to be presented March 20, 2013 at the conclusion of the CMA's Shipping 2013 Annual Conference and Exposition. Mr. Peter Evensen, President and Chief Executive Officer (CEO) of Teekay Corporation (Teekay) has been named as the Connecticut…
ExxonMobil’s 'Outlook for Energy' forecasts new opportunities for international trade and economic growth.The global energy landscape will evolve significantly as regional demand-and-supply patterns shift in the coming decades, creating…
Scorpio Tankers Inc executes options with Korean shipyards Hyundai Mipo Dockyard & signs intent with SPP Shipbuilding Co.Two MR product tankships are to be built by Hyundai Mipo anf four with SPP Shipbuilding. The six newbuildings are scheduled…
In his acceptance speech Admiral Efthimios E. Mitropoulis is critical as he accepts the IMO International Maritime Prize.The popular Admiral (known as EEM) made the speech at the recent ceremony awarding him the IMO Maritime Prize for 2011 at MO Headquarters…
Saudi Basic Industries Corporation (SABIC) says it is the world's first chemical company to commission LNG-run gas carriers.SABIC's new tankships will be powered by liquefied natural gas (LNG) to transport its olefins products, in anticipation…
Shipping software company AXSMarine has announced the release of AXSTanker 3.1, an enhanced version of its AXSTanker product. New options will enable Tanker brokers to access AIS and Fixtures information.AXSTanker 3.1 is optimized to produce a great user experience…
CNOOC has it in mind to order 14 medium & small-sized LNG ships from Chinese shipyards.The Group is China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world…
Tanker owners continue to be deeply concerned that the current tanker market is seriously jeopardizing the sustainability of the tanker industry. Speaking recently to Intertanko’s Council in London, the Secretary General of the International Maritime Organization (IMO)…
The Oil Companies International Marine Forum (OCIMF), whose members charter tankers and offshore support vessels, has published new ‘Recommendations Relating to Requirements Governing Seafarers’ Hours of Work and Rest’ http://www.ocimf.com/Library/Information…
Knightsbridge Tankers Limited sells its VLCC 'Kengsington' to an unrelated 3rd party for delivery this month.The Company expects to record a gain of approximately $0.1 million in the fourth quarter having recorded an impairment loss of $13…
Consolidated Marine Management (CMM) take delivery of 'King Gregory', first of two fuel-efficient medium-size tankers from Hyundai Mipo.The 52,000 dwt King Gregory, is the first of two medium-range (MR), IMO II & III-class oil/chemical tankers…