Tankers News


New Aframax Tanker Makes First N. American Call

Apr 07, 2019

The Aframax tanker ProStar recently made its first North American delivery to discharge 442,131 barrels of jet fuel at Seaport Canaveral.'820-foot-long ProStar – first of its kind vessel to berth at Port – makes its inaugural North American delivery of transportation fuels to Seaport Canaveral…

TOP Ships: New Time Charter With Oil Major

Apr 02, 2019

TOP Ships Inc. an international owner and operator of modern, fuel efficient 'ECO' tanker vessels currently focusing on the transportation of petroleum products, has announced that it has entered into a time charter agreement with Shell Tankers Singapore Private Limited for its 50…

Tanker Bottleneck Eases for Port of Houston

Mar 28, 2019

Four tankers on Thursday were preparing to offload or pick up cargoes in the busiest U.S. oil port, the first signs of an easing of the bottleneck that cut 1 million barrels per day of shipments, according to vessel tracking data.The Houston…

Hugo De Stoop Takes over as Euronav CEO

Mar 28, 2019

Hugo De Stoop, currently CFO at Euronav NV, is the choice to succeed Paddy Rodgers as CEO of the company. The company expects the transitiion to be complte in the second quarter of 2019.

PDVSA Oil Port Paralyzed by Another Blackout

Mar 26, 2019

Venezuela's main oil export port of Jose and the country's four crude upgraders have been unable to resume operations following a massive power blackout on Monday, according to industry workers and a union leader close to the facilities.The most recent oil shipment for export…

Kinder Morgan quits Crude Export Venture

Mar 26, 2019

Kinder Morgan Inc has dropped out of a recently proposed U.S. Gulf Coast deepwater crude export venture, the project's leader Enbridge Inc said on Monday.The $800 million project, known as Texas COLT, is one of eight similar projects proposing facilities that would move U…

Diamond S Shipping Taps Kilcullen as CFO

Mar 22, 2019

US-based tanker owner Diamond S Shipping Inc. said it has appointed Kevin M. Kilcullen as its new Chief Financial Officer.Kilcullen comes to Diamond S from Oslo-listed chemical and product tanker owner/operator Team Tankers International Ltd…

BDO: Shipping Confidence Rises

Mar 22, 2019

Even in the face of a raft of geopolitical and trade disputes that have conspired to instill uncertainty in many industries, confidence in the shipping industry rose in the last three months says the latest Shipping Confidence Survey from BDO…

Euronav planning LSFO STS at Malta

Mar 19, 2019

Euronav has chartered a tanker to bring a 30,000 tonne cargo of low-sulphur fuel oil from northwest Europe to Malta, where its megatanker, Oceania, has been parked offshore since Jan. 12, ship-tracking data showed.Oil analytics firm Vortexa…

Navig8 in Sale, Leaseback Pact with China Bank

Mar 18, 2019

Navig8 Chemical Tankers  entered into sale and leaseback agreements with ICBC Financial Leasing for four ships.The tanker company focuses on the maritime transportation of Chemicals worldwide said in a press release that the net proceeds from the transaction of four of the Company’s IMO2 37…

Houston Tank Fire Spreads to More Tanks

Mar 18, 2019

A storage tank fire on the Houston Ship Channel on Sunday has spread to seven petrochemical storage tanks, forcing residents in the suburb of Deer Park, Texas, to stay indoors on Monday, but no evacuations or injuries were reported.The fire…

Teekay Changes Board of Directors

Mar 15, 2019

The marine energy transportation company Teekay Corporation and its associate company Teekay Tankers have announced changes to its Board of Directors.Teekay Corporation said that C. Sean Day, Chairman Emeritus and Director, Tore Sandvold, Director…

McQuilling ends tanker contracts with PDVSA

Mar 15, 2019

A second maritime firm has told Venezuela's state-run oil firm Petroleos de Venezuela it would end all charter contracts with the company as a result of U.S. sanctions, according to an internal document and a person familiar with the matter…

BSM: PDVSA Tanker Management Likely Ending

Mar 14, 2019

Maritime contractor Bernhard Schulte Shipmanagement (BSM) is considering to stop managing Venezuelan state-oil company PDVSA's tankers by the end of this month or in April following U.S. sanctions against the country, BSM said on Thursday.It…

Ven's Blackout Halts Oil Exports From Primary Port

Mar 11, 2019

Venezuela's state-run oil firm PDVSA has been unable to resume crude exports from its primary port since last week's massive power outage, essentially crippling the OPEC nation's principal industry, people familiar with the matter said on Monday…

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