Oil Tankers

Tanker shipping news – VLCC and Aframax crude rates, product tanker fixtures, chemical carrier demand, sanctions fleet shifts and crude oil tankers.

Tuesday, February 18, 2014
yangtze pearl vlcc
News

China’s Nanjing Tanker Poised To Delist, Underscoring Corporate Woes

  By Matthew Miller and Fang Yan BEIJING, Feb 18 (Reuters) – CSC Nanjing Tanker Corp is poised to become the first company backed by China’s

February 18, 2014
Total Views: 103

Monday, February 17, 2014
Ocean Tankers’ VLCC Offloads Crude as South Korea Reports Another Offshore Oil Spill
News

Ocean Tankers’ VLCC Offloads Crude as South Korea Reports Another Offshore Oil Spill

By Meeyoung Cho SEOUL, Feb 17 (Reuters) – A tanker run by Singapore’s Ocean Tankers completed the offloading of 278,000 tonnes of oil in the sea

February 17, 2014
Total Views: 233

Saturday, February 15, 2014
stena penguin p-max tanker
Finance

Concordia Maritime Shares Gain on New Charter Contract with Shell

Concordia Maritime (STO:CCORB) announced on Friday a signed agreement with Shell Tankers Singapore Pte Ltd for the charter of the 65,200 dwt P-MAX tankers

February 15, 2014
Total Views: 62

BSS Power stalwart tankers
Finance

Stalwart Tankers Files for IPO, Announces Fleet Expansion Plans

Stalwart Tankers Inc, an Athens-based “prospective” chemical tanker owner led by Dimitrios J. Souravlas filed for IPO on the New York Stock

February 15, 2014
Total Views: 198

osg
Shipping News

OSG’s Tankers Are No Longer up for Auction

Euronav’s hopes of acquiring five OSG-owned VLCCs were dashed this week when OSG and their debtors came to an agreement to withdraw a

February 15, 2014
Total Views: 71

Thursday, February 13, 2014
golden adventure stena chemical tanker
News

Stena and Golden Agri JV Acquire Half Dozen Chemical Tankers

Erik Hånell, President and CEO of Stena Bulk notes in a phone call today that his company, along with Golden Agri (GAR), have bought six Samho-built chemical

February 13, 2014
Total Views: 124

Monday, February 10, 2014
Maersk Tankers Orders More MRs from Sungdong
News

Maersk Tankers Orders More MRs from Sungdong

In an emailed statement this morning, Maersk Tankers announced their plans exercise their option to order an additional two medium range product tankers from

February 10, 2014
Total Views: 119

Friday, February 7, 2014
hyundai mipo dockyard
News

Hyundai Mipo Scores Order for Half Dozen Tankers

Hyundai Mipo Dockyard won a newbuild order today for six product tankers. The 228.6 billion KRW (USD $211.8 million) order was from an undisclosed Marshall

February 7, 2014
Total Views: 38

Thursday, February 6, 2014
product tanker mr oil ship
Shipping News

Shipping Industry Sees An End To Five-Year Downturn

The shipping industry is poised to emerge from its longest downturn in three decades, buoyed by an end to years of overcapacity that have depressed freight

February 6, 2014
Total Views: 35

mt libramont lpg tanker
News

Exmar LPG Wins Long-Term LPG Charters, Regas Unit Ordered

Exmar LPG, the shipowning joint venture between Teekay LNG and Exmar NV, announced today the winning of long term charters for four of their midsize LPG

February 6, 2014
Total Views: 171

berge nice lpg carrier kawasaki
News

Panama Canal Delay Seen Boosting LPG Shipping as Voyages Lengthened

Delays to the $5.25 billion Panama Canal expansion may prolong a surge in rates for ships hauling liquefied petroleum gas between the U.S. and Asia, according

February 6, 2014
Total Views: 48

Wednesday, February 5, 2014
euronav tanker maria
News

Euronav Places Bid for Five OSG Tankers

Euronav, the Belgian crude oil tanker company, has just bid for the acquisition of five tankers from Overseas Shipholding Group (OSG) as part of an asset sale

February 5, 2014
Total Views: 138

Tuesday, February 4, 2014
wilbur ross
Shipping News

Wilbur Ross-Backed Diamond S Shipping Files For IPO

The Greenwich, Connecticut-based company owns and operates medium-ranged tankers to transport refined petroleum and other

February 4, 2014
Total Views: 40

Sevan marine flng transfer hiload
News

Sevan Marine Acquires Technology Which Could Solve High Seas LNG Transfer Problem

About 10 years ago, a concept was developed by a group of Scandinavian engineers that provided a highly simplified cargo transfer solution for conventional oil

February 4, 2014
Total Views: 200

Monday, February 3, 2014
South Korea Cleans Up After VLCC Strikes Oil Pipeline
Shipping News

South Korea Cleans Up After VLCC Strikes Oil Pipeline

eams of workers, aided by ships and aircraft, will complete on Monday the sea cleanup of 164,000 litres of oil that leaked off South Korea's southern coast,

February 3, 2014
Total Views: 144

front duke vlcc supertanker frontline
Finance

Fredriksen Reduces Ownership in Frontline

OSLO, Feb 3 (Reuters) – Oil tanker operator Frontline sold 8.8 million new shares in January as part of an equity distribution agreement with Morgan

February 3, 2014
Total Views: 110

Thursday, January 30, 2014
berlian laju tanker logo
News

Indonesian Shipping Firm Berlian Laju Slashes Fleet By 44 Percent

Indonesian oil and gas shipping firm PT Berlian Laju Tanker, which narrowly escaped bankruptcy last year, said on Thursday it has cut its fleet size by 44

January 30, 2014
Total Views: 72

mt seeb vlcc nitc
News

P&I Clubs Sound Alarm Over Iran Ship Insurance

A group of insurers warned shipowners this week to be careful when signing deals to carry Iranian oil because the United States has not been able to clarify

January 30, 2014
Total Views: 39

Wednesday, January 29, 2014
refinery phillips 66
News

Cheaper Crude And Fuel Exports Help U.S. Refiners’ Profits

By Kristen Hays and Anna Driver HOUSTON, Jan 29 (Reuters) – Marathon Petroleum Corp, Valero Energy Corp and Phillips 66, the three largest U.S.

January 29, 2014
Total Views: 45

mt kerala
News

Faked Hijacking Allegations “Ridiculous and Laughable” Says Dynacom

In a phone call with Dynacom Tankers Management today, they note that the allegations by the Angolan Navy that the MT Kerala hijacking was faked are

January 29, 2014
Total Views: 38