Maritime news

Monitor breaking maritime news and insights for profitable, efficient and safe shipping.

Tagged in Tankers

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

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

NYK and Stolt Tankers to Build Six Parcel Chemical Tankers

NYK Stolt Tankers, S.A., a joint venture between NYK and Stolt Tankers B.V. (Stolt Tankers), signed a contract on February 5 with Nantong Xiangyu Shipyard in China to build six parcel chemical tankers.* The contract will strengthen NYK’s chemical …
Feb 20, 2024 / Curious

Pyxis Tankers Announces Closing of Modern Dry Bulk Vessel Acquisition & Commercial Update

Pyxis Tankers Inc., an international shipping company, announced today that it has completed the acquisition of an 82,013 dwt dry bulk vessel built in 2015 at Jiangsu New Yangzi Shipbuilding.  The $26.625 million purchase of the eco-efficient …
Feb 16, 2024 / Curious

GEFO orders a series of ten 3,850 tdw tankers

GEFO will have completed its current 400 million euro investment programme when the last newbuilding is delivered in summer 2024. This creates space for a new investment programme. A three-digit million amount will again be invested in 10 new …
Feb 8, 2024 / Curious