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Tagged in LR2 tanker
United Maritime Announces Sale of its Remaining Tanker for a Substantial Profit and Acquisition of a Panamax Vessel
United Maritime Corporation (United) (NASDAQ: USEA), announced that it has entered into an agreement with an unaffiliated third party for the sale of its remaining LR2 tanker vessel, the 2008-built M/T Epanastasea. The vessel is scheduled to be …
Jul 3, 2023 / Curious
Frontline announces sale of four LR2 tankers
Frontline Ltd. (Frontline) (NYSE: FRO - OSE: FRO) on Monday announced that it has entered into an agreement whereby the Company will sell four of its scrubber fitted LR2 tankers built in 2014 and 2015 for an aggregate sale price of $160.0 million to …
Nov 23, 2021 / Curious
Castor Maritime Inc. Announces the En Bloc Acquisition of a Tanker Fleet Consisting of 5 Vessels
Castor Maritime Inc. (NASDAQ: CTRM), (Castor), a diversified global shipping company, announces that it entered, through five separate wholly-owned subsidiaries, into agreements to acquire two 2006 Korean-built MR1 tankers, two 2004 Korean-built …
May 7, 2021 / Curious
Eco Marine Power Commences Feasibility Study to Install Aquarius MRE on Tanker
Zero-emission power and propulsion system for ships being prepared for installation.In another major step towards commercializing its Aquarius Marine Renewable Energy (Aquarius MRE®) solution, Eco Marine Power (EMP) announced today that it had …
Apr 30, 2020 / Curious
Navig8 Product 2020 Takes Delivery Of Its Seventh 110,600 DWT Scrubber-Fitted LR2 Tanker From New Times Shipbuilding
Navig8 Product 2020, an international shipping company focused on the transportation of CPP, Saturday (Jun22) announced that it has taken delivery of the Navig8 Promise.Image for illustrative purposes only - Photo credit: Navig8 GroupThe vessel is a …
Jun 25, 2019 / Vessels
Frontline Provides Further Update Regarding Front Altair
Frontline Ltd. (Frontline) (NYSE: FRO) yesterday provided a further update on the LR2 tanker Front Altair. As previously reported, on June 13, an explosion occurred on the Front Altair shortly after the vessel had passed through the Strait of Hormuz …
Jun 19, 2019 / Accidents
Frontline: Update Regarding Front Altair
Frontline Ltd. (Frontline) (NYSE: FRO) yesterday provided an update on the LR2 tanker Front Altair.On the morning of June 13, at approximately 0500 hrs gmt, an explosion occurred on the Front Altair shortly after the vessel had passed through the …
Jun 15, 2019 / Accidents
Largest tanker arrival the culmination of significant investment in Newcastle
The 244-metre Pro Alliance long range 2 (LR2) class tanker berthed at 1100 hrs at Stolthaven's Mayfield 7 dedicated bulk liquids terminal, a purpose-built facility catering to vessels of that size. The milestone follows the arrival of the port's …
Mar 18, 2019 / Vessels
DNV GL issues Norsepower first-ever design type approval for onboard wind propulsion system
Norsepower Oy Ltd., the leading clean technology and engineering company pioneering modern auxiliary wind propulsion for the global maritime industry, Tuesday announced that its innovative Rotor Sail Solution has received the first-ever type approval …
Mar 7, 2019 / Curious