Tankers News

 

ASRY Woos Back Greek Major Owner

Oct 10, 2016

ASRY has successfully brought one of the European tanker market’s biggest tanker fleet owners back to the yard. Euronav, the Greece-base owner, operator and manager of a fleet of 53 modern large tankers, chose ASRY for the recent repair of ‘Cap Diamant’…

Goal Zero: An Up-close Look at Shell's Safety Culture

Oct 03, 2016

Earlier this year at the SUNY Maritime Towing Forum, we met up with Jerry Crooks, CSHM, Marine Technical Advisor, Shell Trading (U.S.) Company. Crooks provided insights on the training culture, systems and philosophy that drives Shell Trading (U…

Risk Management and the Human Element

Sep 30, 2016

Even as ship vetting and risk management techniques evolve, defining the human element of the equation nevertheless remains ever elusive. If the vast majority of shipping casualties are a function of ‘human error,’ then it is also true that the effort to identify…

Shell UK Awards Mooring Contract to GAC

Sep 28, 2016

Following on GAC UK’s partnership with Forth Logistics Marine Services (FLMS) to provide mooring and related terminal services around the UK, the global shipping, logistics and marine services provider has secured a contract with Shell UK Ltd…

Libya Exports First Oil Cargo From Ras Lanuf Since 2014

Sep 21, 2016

An oil tanker left the Libyan port of Ras Lanuf for Italy early on Wednesday with the first crude export cargo from the terminal since at least late 2014, boosting hopes of reviving Libya's battered oil output.The port manager of Ras Lanuf…

Kipevu Oil Terminal to Be Relocated

Sep 15, 2016

The Kipevu Oil Terminal at Mombasa Port will be relocated early next year, to Dongo Kundu area, as a result of the ongoing capacity expansion program, the Kenya Ports Authority announced. The new oil terminal is expected to have a capacity to accommodate four vessels of up to 200…

LNG Tanker En Route to Malta Leaves Singapore

Sep 13, 2016

The LNG tanker Armada LNG Mediterrana – or floating storage unit that will be permanently berthed at Marsaxlokk has finally left Singapore harbour, reports Malta Independent.  The ship is currently making 9 knots and is heading towards the port of Galle in Sri Lanka…

Russia to Halt Oil Products Export via Foreign Baltic Ports

Sep 12, 2016

Russia plans to fully halt exports of oil products from other than Russian ports on the Baltic Sea by 2018, the head of oil pipeline monopoly Nikolai Tokarev told President Vladimir Putin on Monday. Russia will increase the shipments via its own ports instead…

Asia's LNG Market Keeps Disappointing

Sep 08, 2016

The liquefied natural gas (LNG) industry has morphed from energy's golden child to black sheep in the last two years, with demand slumping just as supplies soars. While low prices are a boon for consumers, the lack of demand and lowered…

Houston Ship Channel Re-opens to Some Vessel Traffic

Sep 06, 2016

The Houston Ship Channel re-opened to some vessel traffic on Tuesday afternoon, the U.S. Coast Guard said, after an early morning tanker fire prompted closure of the waterway. The U.S. Coast Guard Houston Vessel Traffic Service said it would…

Canada July Trade Deficit Shrinks as Non-energy Sector Shines

Sep 02, 2016

Canada's trade deficit in July unexpectedly shrank on stronger non-energy exports, a sector the Bank of Canada says is crucial to helping revive an economy hit by low oil prices. Statistics Canada said on Friday that the July deficit was C$2…

NACD Selects ABS Quality Evaluations as Verifier

Sep 02, 2016

ABS Quality Evaluations, Inc. (ABS QE), a subsidiary of ABS Group, has been selected as a third-party verifier by the National Association of Chemical Distributors (NACD), an international association of chemical distributors and their supply-chain partners…

Pressure Mounting on VLGCs Rates - Drewry

Aug 23, 2016

A wave of cargo cancellations from the US is putting additional pressure on VLGC rates, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry.   Two major factors have lowered VLGC rates in…

Hot Month at Marseille Fos

Aug 18, 2016

In contrast to an international downturn, French port Marseille Fos has reported exceptional results for July with 7.8 million metric tons of cargo and 387,000 passengers – up by 18.6 percent and 13 percent respectively on the same month last year…

First Suezmax Tanker Transits Expanded Panama Canal

Aug 18, 2016

The first Suezmax crude oil tanker that was slated to go through the newly expanded Panama Canal began its transit on Thursday, a public relations official told Reuters. The Aegean Unity, a Greece-flagged Suezmax vessel coming from the U…

Logistics News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

US Goods Trade Deficit Increased in May, Exports Declined

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Data shows that the Arctic LNG 2 facility in Russia is home to a sanctioned LNG vessel.
Ukraine's drone strike restricts traffic on Don River Bridge in Russia's Volgograd
Germany is considering a law reform to stop the Russians from acquiring Nord Stream