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Tagged in Suezmax

TEN Announces the Sale of a 2005-Built Suezmax Tanker and Completion of the First Phase of Its Dual-Fuel Renewal Program

TEN, Ltd (TEN) (NYSE: TNP) announces the sale of the 2005-built Suezmax tanker Eurochampion 2004 and the concurrent delivery of two LNG-powered Aframax tankers, the Chios DF and the Ithaki DF, the last remaining vessels in a series of four high-spec …
Jan 23, 2024 / Vessels

Euronav Orders 1 VLCC and 2 Suezmaxes

Euronav NV (NYSE: EURN & Euronext: EURN) (Euronav) announces that it has lifted the option for one more VLCC at Qingdao Beihai (China) and ordered two Suezmaxes at Daehan Shipbuilding (South Korea). Euronav now has three VLCC’s on order at …
Dec 7, 2023 / Curious

Ocean Yield ASA: Investment in Suezmax tanker with long-term charter

Ocean Yield AS has announced that it has agreed to acquire a 2016-built Suezmax tanker with an 8-year bareboat charter to Nordic American Tankers Ltd. (NAT) with a purchase obligation at the end of the charter period.  The vessel will be …
Oct 30, 2023 / Vessels

Groundbreaking ABS Study Explores Potential of Commercial Nuclear Propulsion

The transformational impact of nuclear propulsion on the design, operation and emissions of a 14k TEU container vessel and a 157k DWT Suezmax tanker have been modeled by ABS and Herbert Engineering Corp. (HEC) in a groundbreaking study. ABS …
Jul 25, 2023 / Curious

Top Ships Inc. Announces Proposed Spin-Off Creating a New Suezmax Tanker Company

TOP Ships Inc., an international owner and operator of modern, fuel -efficient “ECO” tanker vessels, announced today the filing of a registration statement on Form 20-F with the U.S. Securities and Exchange Commission (the “SEC”) in connection with …
Jun 22, 2023 / Finance

Euronav sells older Suezmax Cap Guillaume as part of fleet rejuvenation

Euronav NV (NYSE: EURN & Euronext: EURN) (Euronav) has sold the Cap Guillaume (2006 - 158,889 dwt), generating a capital gain of USD 14.3 million.  The vessel is debt free and expected to be delivered to her new owners during the current …
Nov 10, 2022 / Vessels

Pantheon Tankers Management Sea Onyx and Sea Sapphire delivered with DNV class

Two new Suezmax tankers, Sea Onyx and Sea Sapphire, were recently delivered to Pantheon Tankers Management Ltd, both registered with the Greek Flag, from New Times Shipbuilding Co., Ltd, China. The two tankers are the first vessels delivered in …
Oct 27, 2022 / Vessels

Euronav contracts two new Suezmax vessels for 2024 delivery

Euronav NV (NYSE: EURN & Euronext: EURN) (Euronav) announces today that it has entered into an agreement with Daehan Shipbuilding Co. Ltd. for two Suezmax newbuilding contracts. The vessels will be sister ships to Cedar (2022 -157,310 dwt) and …
Oct 24, 2022 / Vessels

EURONAV Sells Suezmax Cap Philippe

Euronav NV (NYSE: EURN & Euronext: EURN) (Euronav) has sold the Suezmax Cap Philippe (2006 - 158,920dwt), generating a capital gain of USD 12.9 million.  The vessel is debt free and has been delivered to her new owners on Thursday 13 …
Oct 19, 2022 / Vessels

SFL - Acquisition of four Suezmax tankers in combination with long term charters

SFL Corporation Ltd. (NYSE: SFL) (SFL) announced on Wednesday (Aug17) that it has agreed to acquire four modern Suezmax tankers in combination with long-term time charters to a subsidiary of Koch Industries, a world-leading industrial conglomerate. …
Aug 20, 2022 / Vessels