Tankers News

 

TEN Completes Fleet Expansion

Nov 13, 2017

Tsakos Energy Navigation Ltd (TEN) has reported the delivery of the ice-class Aframax tanker Bergen TS, the last in the 15-vessel, pre-employed on long-term business, growth program, which increased the size of TEN's fleet by 30 percent over the last 18 months…

OSM Crew Management for Lauritzen Kosan Fleet

Nov 13, 2017

Global ship management company OSM Maritime Group said it has been awarded full crew management of Lauritzen Kosan’s entire fleet of liquefied gas tankers, including 26 refrigerated ethylene, semi-refrigerated and pressurised gas carriers. OSM’s…

'Solid Signs' of Restrained Fleet Expansion

Nov 07, 2017

There are “solid signs” of restrained fleet expansion, matching world seaborne trade growth more closely, although not in all sectors. This was the message delivered by Richard Scott MA MCIT FICS, managing director of Bulk Shipping Analysis…

Launch: MarTID - the Global Maritime Training Insights Database

Nov 06, 2017

MarTID – the Maritime Training Insights Database -- a historic initiative to study global maritime training practices -- launches today.There is broad agreement that as much as 80% of maritime accidents involve human factors causes. As such…

Reedy Joins DHT Holdings Board of Directors

Nov 03, 2017

DHT Holdings, Inc. said it has appointed Susan Reedy to its board of directors as a Class I Director with a term expiring at the company's 2020 annual shareholders meeting. In connection with Reedy's appointment, the company's board has increased to six directors…

New Services for Tank Containers in Hamburg

Nov 02, 2017

Two Hamburg tank container experts have developed a new comprehensive service package. The Hamburger Container- und Chassis-Reparatur Gesellschaft (HCCR) and the container service provider CONDACO are combining their expertise and years of experience to offer all aspects of cleaning…

Hafnia Tankers in Sale and Leaseback Deal

Nov 02, 2017

Hafnia Tankers has successfully completed its first sale and leaseback in the Japanese market through the sale and leaseback of its 2010 built LR1 tanker, MT Hafnia Africa. The Vessel has been sold to a large Japanese private ship owning…

Egina FPSO Leaves SHI's Geoje Shipyard

Nov 02, 2017

Samsung Heavy Industries (SHI) successfully completed Geoje-shipyard portion of the world's largest sized Egina FPSO. The gigantic floater left for Nigeria on 31th October 2017. SHI has now fulfilled successful delivery or sail-away of three massive offshore projects as scheduled…

Ellis Named Chembulk Tanker CEO

Nov 01, 2017

Chembulk Tankers appointed David Ellis as Chief Executive Officer (CEO), succeeding Jack Noonan who will retire after 10 years of leading the team at Chembulk Tankers. Effective November 1, 2017, Jack will take on the role of CEO Emeritus…

Oil Tank Inspection: Cyberhawk Gets ABS Certification

Nov 01, 2017

As the maritime world increasingly turns to unmanned and autonomous systems to carry out difficult and dangerous work, one drone innovator has received certification from a leading classification society to this end. Cyberhawk Innovations…

DryShips Adds Third VLGC

Oct 31, 2017

DryShips Inc., a diversified owner of ocean going cargo vessels, announced that it has taken delivery of the previously announced high specifications third newbuilding Very Large Gas Carrier (VLGC). The VLGC will be employed under a time…

Wheatstone LNG Facility Exports First Cargo to Japan

Oct 31, 2017

Australia's Wheatstone liquefied natural gas (LNG) project, after starting production earlier this month, has shipped its first export cargo to a buyer in Japan, majority owner and operator Chevron Corp said on Tuesday. Wheatstone is the…

Euronav Reports Lowest Freight Rates since 2013

Oct 31, 2017

Belgian tanker operator Euronav reported a sharp drop in core profit for the first nine months of the year as freight rates in the oil tanker sector continued to fall. Excess tonnage in the global tanker market has put pressure on freight rates…

WFW Advises BPM on Navigazione Refinancing

Oct 29, 2017

International law firm Watson Farley & Williams (WFW) advised Banca Popolare di Milano S.p.A. (BPM) regarding a US$28.8m loan facility granted to L.G.R. di Navigazione and secured by, inter alia, mortgages over two medium range ice class tankers…

Indian Oil Aims for LNG Import Capacity of 13.5 Mln T in 5 Years

Oct 27, 2017

State-owned Indian Oil Corp Ltd aims to have capacity to import about 13.5 million tonnes of liquefied natural gas (LNG) in five years, its head of business development said on Friday, helping India to gradually move to a gas-based economy. Prime…

Logistics News

Algoma Central Fleet Hits the 100-Vessel Mark, Records Strong Q3

Algoma Central Fleet Hits the 100-Vessel Mark, Records Strong Q3

Anglo-Eastern Debuts Methanol Bunkering Simulator, Courses

Anglo-Eastern Debuts Methanol Bunkering Simulator, Courses

Matson Paid $6.4 million in Port Fees to China

Matson Paid $6.4 million in Port Fees to China

Suez Canal Revenues Rise as Red Sea Tensions Ease

Suez Canal Revenues Rise as Red Sea Tensions Ease

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