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Tagged in Aframax

COSCO SHIPPING Energy Transportation orders 6 new energy tankers

On December 29, COSCO SHIPPING Energy Transportation Co., Ltd. and COSCO Shipping Heavy Industry (Yangzhou) and Dalian COSCO Shipping Heavy Industry, which are subsidiaries of COSCO Shipping Heavy Industry, signed contracts for the construction of …
Jan 2, 2024 / Curious

Performance Shipping Signs Shipbuilding Contracts For The Construction Of 2 Newbulding LNG-Ready Scrubber Fitted Tier III LR2 Tankers

Performance Shipping Inc. (NASDAQ: PSHG), a global shipping company specializing in the ownership of tanker vessels, announced on Wednesday (Dec20) that, through two separate wholly-owned subsidiaries, it has signed two shipbuilding contracts with …
Dec 21, 2023 / Curious

LR awards Approval in Principle to Qingdao Beihai & CSDC for its methanol dual fuel Aframax

The Approval in Principle comes a result of a joint development project between LR, Qingdao Beihai and CSDC, announced at Marintec China. Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to CSSC Qingdao Beihai Shipbuilding Heavy …
Dec 18, 2023 / Curious

Performance Shipping Announces the Sale of 2007 Built MT P. Kikuma for US$39.3 Million

Performance Shipping Inc. (NASDAQ: PSHG), a global shipping company specializing in the ownership of tanker vessels, announced on Tuesday that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell the 2007-built …
Nov 16, 2023 / Vessels

TEN Announces Delivery and Long-Term Employment of First of Four LNG Powered Aframax Tankers

TEN, Ltd (TEN) (NYSE: TNP) announces the delivery of the LNG-powered Aframax tanker, Njord DF, the first in a series of four high-spec eco-designed vessels built against long-term employment to a major European state-owned oil concern.  The …
Oct 9, 2023 / Vessels

ASCO’s Aframax type tanker named Shusha successfully completed its first voyage

The first voyage of the Aframax-type tanker named Shusha acquired by the joint venture “SA Maritime AFEZCO”, established on equal terms with the approval of the Supervisory Board of “Azerbaijan Caspian Shipping Company” (ASCO) and the State Oil …
Aug 11, 2023 / Vessels

Norvic Shipping becomes a ship owner and expands tanker division

Norvic Shipping has announced the expansion of its tanker division as part its ambitious growth strategy. To kick-start its growth plans, the New York-headquartered company has purchased Pro Alliance, an Aframax LR2 tanker from SK Energy in South …
Jun 22, 2023 / Vessels

BAR Technologies and Deltamarin’s new optimised hull design to harness wind power for 15% improvement against current fleet

Innovative marine engineering consultancy, BAR Technologies, and naval architects, Deltamarin, have announced that they are once again partnering to lead the way in wind propulsion innovation with new build design, Aframax/LRII. The announcement …
Jun 7, 2023 / Curious

Performance Shipping Signs Shipbuilding Contract for the Purchase of a Newbuild LNG Ready Tier III LR2 Product/Crude Oil Tanker With Scrubber

Performance Shipping Inc. (NASDAQ: PSHG), a global shipping company specializing in the ownership of tanker vessels, announced today that it has signed, through a separate wholly-owned subsidiary, a shipbuilding contract with China Shipbuilding …
Mar 9, 2023 / Vessels

AET and PTLCL sign MOU for Zero-Emission Aframax

AET has announced another opportunity to advance our decarbonisation aspirations for shipping with signing of the Memorandum of Understanding (MOU) with PETCO Trading Labuan Company Ltd (PTLCL) to explore a potential collaboration to deploy a future …
Mar 1, 2023 / Vessels