Poland's imports of Russian oil last year fell to their lowest level since 2005, a central bank report published on Tuesday showed, though Warsaw's bid to diversify its energy imports also meant paying higher prices.Russian oil accounted for 76 percent of all oil purchases…
Capital Product Partners L.P. has announced that it has completed the previously announced acquisition of the M/T Anikitos, an eco-type MR product tanker (50,082 dwt IMO II/III Chemical Product Tanker built 2016, Samsung Heavy Industries (Ningbo) Co…
A committee investigating a collision between an Iranian tanker and a Chinese freighter has come to diverging conclusions over the causes of the worst oil ship disaster in decades, Iran's state television reported on Saturday.The Panama-registered Sanchi…
Tanker company International Seaways said that it has entered into a stock purchase and sale agreement to acquire the holding companies for six VLCCs from Euronav NV in connection with the closing of Euronav’s announced acquisition of Gener8 Maritime…
Sri Lanka's state-run investment body has approved a $500 million liquefied natural gas plant by China Machinery Engineering Corp near a Chinese-controlled port and industrial zone, the development strategies minister said on Friday.The state…
Ship owner Dorian LPG Ltd. said it will look to upgrade the main engines of up to 10 of its very large gas carriers (VLGCs) to dual fuel technology utilizing liquefied petroleum gas (LPG) as fuel.The ship owner has entered into a memorandum…
Bermuda-based Nordic American Tankers (NAT) is planning to sell two of its older suezmaxes, thus reducing its fleet size to 31 tanker vessels. NAT described the move as a means of “retaining the flexibility of NAT going forward”. 'We…
For the first time liquefied natural gas from Sabetta on the Siberian peninsula Yamal, was transhipped simultaneously in Zeebrugge from an ice class vessel (ARC7) into a conventional LNG carrier for further transport to Asia on May 01 Tuesday…
Top Ships, an international owner and operator of modern, fuel efficient 'ECO' tanker vessels focusing on the transportation of petroleum products, announced that it has extended the firm period of the time charter of M/T Eco Fleet with BP Shipping Limited for six months…
Boston Carriers announced that in April 24 2018, the company entered into an exclusivity agreement with Nuova. The agreement provides six months for the acquisition of Nuova and all its assets and liabilities including but not limited to the storage facility in Italy as well as all its business…
Malaysian shipping firm MISC Group has taken delivery of Seri Cemara, the final vessel in a series of five MOSS-Type liquefied natural gas (LNG) carriers built for long-term charter to Petronas.The 150,200 CBM LNG carrier has been built for…
Jenny Long was an Aggie with a challenge. She had an important job opening to fill with her company, BP Shipping Americas, located in Chicago. As the regional voyage operations superintendent for BP Shipping, it is her job to fill it with the best and most qualified candidates…
International Seaways announced that its joint ventures with Euronav NV, which own the FSO Africa and FSO Asia floating storage and offloading service vessels, have closed on a $220 million credit facility. Based on INSW’s 50% ownership in the joint ventures…
Following the successful completion of test-bedding the use of mass flow metering (MFM) system for delivery of distillates , the Maritime and Port Authority of Singapore (MPA) will extend the mandatory use of MFM to all bunker tankers delivering…
The following liquefied natural gas (LNG) tankers are expected to arrive in Britain, Belgium and the Netherlands in the coming weeks.The vessels carry gas to Europe's most active markets and include cargoes delivering on a spot basis and under long-term contracts…