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Tankers News

 

First LNG Transhipment at Zeebrugge Terminal

May 03, 2018

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 Extends Time Charter of M/T Eco Fleet

May 03, 2018

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 to Buy Nuova Abibes SRL

May 02, 2018

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…

LNG Carrier Seri Camar Delivered to MISC

May 01, 2018

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…

Texas A&M Galveston Degrees Lead Six Aggies to BP Shipping

Apr 30, 2018

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 Funds FSO Joint Ventures

Apr 27, 2018

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…

Singapore Extends MFM Use

Apr 27, 2018

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…

LNG Tankers En Route to Britain, Belgium and the Netherlands

Apr 27, 2018

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…

Japan: An LNG Bunkering Hub?

Apr 26, 2018

New study examines Japanese government strategy for creating infrastructure for environmentally-friendly ship fuel.A new report by the Intrernational Transport Forum at the OECD assesses Japan’s ambition to become an international bunkering hub for liquefied natural gas (LNG)…

Euronav Secures Loan for Four Ice-class Suezmaxes

Apr 26, 2018

Tanker shipping company Euronav has secured a loan facility providing financing for four ice-class suezmax newbuildings under construction by Hyundai Samho Heavy Industries Co., Ltd., two of which have recently been delivered with the remaining two scheduled for delivery later in 2018…

Cheniere Mulls Third Liquefaction Train at Corpus Christi

Apr 23, 2018

U.S. liquefied natural gas (LNG) company Cheniere Energy Inc said it planned to make a final investment decision to build the third liquefaction train at its Corpus Christi LNG export facility in Texas in the first half of 2018:Cheniere said…

Tanker Rescues Castaway in South China Sea

Apr 23, 2018

Mitsui O.S.K. Lines, Ltd. announced that on April 14, 2018, the MOL-operated/managed crude oil tanker Altair Trader rescued a castaway in the South China Sea.At 19:10 local time on April 14, while underway in the South China Sea toward the port of Kawasaki…

Panama Canal LNG Volume Soars as Global Demand Grows

Apr 20, 2018

The Panama Canal may carry five times as much liquefied natural gas (LNG) in 2020 as it did last year as production of the fuel expands in the United States and Asian import demand rises, the head of the canal's governing agency told Reuters…

Navios Maritime Acquisition Corporation Inks Sale and Leaseback Pact

Apr 19, 2018

Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced that it has completed a $71.5 million sale and leaseback agreement  for four MR2 product tankers. The proceeds have been used to extinguish $69.25 million of indebtedness…

Freeport LNG Delays Start of Texas Export Terminal

Apr 19, 2018

Freeport LNG, a privately held U.S. liquefied natural gas company, said on Thursday it pushed back the projected start date for its $13 billion export terminal under construction in Texas by about nine months to around Sept. 1, 2019.Freeport…

Logistics News

Baltic Nations Push for EU Ban on Russian Grain Exports

Baltic Nations Push for EU Ban on Russian Grain Exports

Veidekke to Upgrade Two Norwegian Ferry Terminals

Veidekke to Upgrade Two Norwegian Ferry Terminals

Russian Baltic Ports Boost Grain Export Capacity by 170%

Russian Baltic Ports Boost Grain Export Capacity by 170%

US Natural Gas Prices Steady as Storage Build Offsets Hurricane Isaias

US Natural Gas Prices Steady as Storage Build Offsets Hurricane Isaias

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