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Tagged in tanker

Terntank Expands Its Pioneering Fleet With 1+1 Additional Wind/Methanol-Ready Hybrid Tanker

Building on its industry-leading commitment to environmental sustainability, Terntank today announced it has placed an order for 1+1 of the next-generation oil and chemical tanker with wind-assisted propulsion and dual-fuel engine capable of …
Mar 27, 2024 / Curious

Scorpio Tankers announces agreements to sell two MR product tankers

Scorpio Tankers Inc. has entered into agreements to sell two 2013 built MR product tankers, STI Larvotto and STI Le Rocher, for $36.15 million per vessel, according to the company's release.  The company will make no debt repayments associated …
Mar 22, 2024 / Vessels

Stena Bulk enters into new partnership in the operation of existing IMOIIMAX tankers

Leading tanker shipping company Stena Bulk has today announced it has entered into a new partnership with a prominent Gulf Co-operation Council investment institution in the operation of an undisclosed number of Stena Bulk’s existing IMOIIMAX …
Mar 21, 2024 / Curious

SFL - Acquisition of three newbuild LR2 product tankers in combination with long term charters

SFL Corporation Ltd. (NYSE: SFL) (SFL) announced today that it has agreed to acquire three new LR2 product tankers for an aggregate purchase price of approximately $230 million in combination with long term time charters to a world-leading energy and …
Mar 20, 2024 / Curious

Advanced Polymer Coatings strikes triple vessel recoating deal with Odfjell Tankers

AVON, OHIO headquartered manufacturer Advanced Polymer Coatings has signed a deal with Odfjell to recoat three of its chemical tankers as its 2024 order book continues to grow. The work will see APC replacing zinc coating with its industry-leading …
Mar 13, 2024 / Curious

Performance Shipping Secures Five-Year Time Charter Contracts With Clearlake For Three Newbuilding Vessels

Performance Shipping Inc. (NASDAQ: PSHG), a global shipping company specializing in the ownership of tanker vessels, today announced that, through separate wholly-owned subsidiaries, it has entered into time charter contracts with Clearlake Shipping …
Mar 12, 2024 / Curious

Samsung Heavy Industries wins US$149 million order for 1 shuttle tanker

Korean shipyard Samsung Heavy Industries said Monday it has clinched a 198.8 billion-won (US$149 million) order to build a shuttle tanker for an Oceanian shipper. The vessel will be delivered to the undisclosed shipping company by the end of August …
Mar 6, 2024 / Curious

Euronav announces order for 2 dual-fuel bitumen tankers under long-term charter deal

Euronav NV (Euronav) (NYSE: EURN & Euronext: EURN) has concluded an order for two bitumen tankers with China Merchants Jinling Shipyard (Yangzhou) Dingheng Co. (Yangzhou, China). The vessels are expected to be delivered in the fourth quarter of …
Feb 26, 2024 / Curious

Scorpio Tankers Announces MOU Licensing FOWE Fuel-Saving Devices for Entire Fleet

Scorpio Tankers Inc. (NYSE:STNG) (Scorpio Tankers) announced that the Company has signed a non-binding Memorandum of Understanding to install the Fowe Eco Solutions Ltd. (“FOWE”) fuel emulsion systems across its entire fleet. The terms of the …
Feb 23, 2024 / Curious

Eastern Pacific Shipping makes first wind-assisted propulsion move with bound4blue eSAILs®

Eastern Pacific Shipping (EPS) has signed a contract for its first ever wind-assisted propulsion system, partnering with bound4blue to install three 22-metre eSAILs® onboard the Pacific Sentinel. The turnkey ‘suction sail’ technology, which drags air …
Feb 22, 2024 / Curious