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Tagged in MR tanker
Launch of industry-first methanol powered sustainable shipping fund LEMSCO
ProMarine AG, the Investment Advisor leading the financing of the maritime energy transition, has announced the launch of an industry-first sustainable shipping fund with an initial portfolio of four methanol-fuelled MR tankers led by Proman, one of …
Oct 25, 2023 / Curious
KR Approves Jointly Developed Methanol-Fueled MR Tanker
Korean Register (KR) has granted Approval in Principle (AIP) for a methanol-fueled MR tanker, jointly developed by KR, South Korean Shipbuilders K Shipbuilding and equipment manufacturer S&SYS at Nor-Shipping 2023 in Oslo, Norway on 6 June. As …
Jun 7, 2023 / Curious
Capital Ship Management Takes Delivery of MT Avax
Capital Ship Management Corp. has just welcomed its newest addition to the fleet - the MT Avax Built by Hyundai Vietnam Shipyard Co Ltd in Vietnam, this eco-type Chemical/Product MR tanker has a 50,000 dwt capacity and is equipped with cutting-edge …
Mar 29, 2023 / Vessels
EPS and Value Maritime Install Carbon Capture Solution on MR Tanker
Eastern Pacific Shipping and Value Maritime install first-of-its-kind fully integrated carbon capture solution onboard MR tanker M/T Pacific Cobalt The pioneering project is a first for ocean-going vessels to date and aims to pave the way for …
Feb 17, 2023 / Vessels
Norsepower signs agreement with Socatra to install two Rotor Sails™️ on MR Tanker
Deal highlights the advantages of offshore application for a post-carbon future, using wind propulsion solutions to meet sustainability goals. Norsepower Oy Ltd., the leading global provider of auxiliary wind propulsion systems, today signed a …
Jan 25, 2023 / Curious
Ardmore Shipping opts for Value Maritime’s emissions-cutting technology on an initial Six Vessels
Leading product and chemical tanker company Ardmore Shipping Corporation has placed an order for Value Maritime’s emissions-reducing Filtree system, including the Clean Loop system, for an initial six MR Tankers. Aligning with Ardmore’s energy …
Dec 13, 2022 / Curious
Great Eastern Shipping Company completes trials with biofuel blend
The Great Eastern Shipping Company with support from the Director-General of shipping, India & Indian Registry of Shipping have successfully completed India’s first trials on an MR tanker in international waters using biofuel-blend.The biofuel …
May 27, 2022 / Vessels
Grindrod Shipping to sell tanker for $30m
JSE- and Nasdaq-listed global maritime transportation services company Grindrod Shipping has entered into a contract to sell its 2016-built medium-range product tanker Matuku for $30-million.Grindrod Shipping predominantly owns and operates a …
May 18, 2022 / Vessels
Eastern Pacific Shipping and Value Maritime team up to install the first carbon capture solution onboard a pair of tankers
Eastern Pacific Shipping (EPS) has signed a definitive agreement with Rotterdam-based Value Maritime (VM) to install carbon capture and filtering systems on MR tankers M/T Pacific Cobalt and M/T Pacific Gold, with an option to equip three more …
May 17, 2022 / Vessels
Scorpio Tankers Inc. Announces Agreements to Sell Three Vessels
Scorpio Tankers Inc. (NYSE:STNG) (Scorpio Tankers) announces that the Company has entered into agreements to sell three vessels (two LR2s and one MR).The sale price of the two LR2s (2015 built STI Savile Row and STI Carnaby) is $86.0 million in …
Mar 28, 2022 / Vessels