Naming ceremony for first of 35 newbuild crude oil and product tankers on order to be leased to Trafigura

Naming ceremony for first of 35 newbuild crude oil and product tankers on order to be leased to Trafigura

Trafigura Group Pte Ltd (Trafigura), one of the world’s leading independent commodity trading companies, has today named the first of its 35 crude oil and product tankers being built in South Korea and …
Sep 20, 2018 /  Vessels
COSCO SHIPPING Tanker (Dalian) Successfully Took Delivery of 319,000 dwt Mt Cosnew Lake

COSCO SHIPPING Tanker (Dalian) Successfully Took Delivery of 319,000 dwt Mt Cosnew Lake

On September 18 th, the Christening and Delivery Ceremony of Mt Cosnew Lake, a VLCC of 319,000 dwt, of COSCO SHIPPING Tanker (Dalian) was held in Dalian Shipbuilding Industry Port. Present at the ceremony were Mr Yang …
Sep 20, 2018 /  Curious
Top Ships Inc. Announces Delivery and Charter Employment of M/T Eco Palm Desert

Top Ships Inc. Announces Delivery and Charter Employment of M/T Eco Palm Desert

TOP Ships Inc., an international owner and operator of modern, fuel efficient "ECO" tanker vessels currently focusing on the transportation of petroleum products, announced Wednesday that on September 7, 2018 it took …
Sep 14, 2018 /  Vessels
Newly updated Wärtsilä Propulsion Control & Automation System to deliver fuel savings for new tankers

Newly updated Wärtsilä Propulsion Control & Automation System to deliver fuel savings for new tankers

The technology group Wärtsilä is to supply a newly updated propulsion control system as well as its advanced alarm and control system, the Nacos PCS/MCS Platinum, for Maersk Tankers’ six 110 DWT LR2 …
Sep 14, 2018 /  Curious
SEA-Tank Terminal Antwerp NV and MOL Chemical Tankers joined forces in a joint venture named SEA-MOL NV

SEA-Tank Terminal Antwerp NV and MOL Chemical Tankers joined forces in a joint venture named SEA-MOL NV

SEA-Tank Terminal Antwerp NV (SEA-Tank) and MOL Chemical Tankers Pte. Ltd. (MOLCT) joined forces in a joint venture named SEA-MOL NV in the port of Antwerp, Belgium. SEA-MOL NV is held 51% by SEA-Tank and 49% by MOLCT …
Sep 13, 2018 /  Curious
Teekay Tankers Announces Completion of Sale-Leaseback on Six Aframax Tankers

Teekay Tankers Announces Completion of Sale-Leaseback on Six Aframax Tankers

Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) announced yesterday that it has completed and closed the previously-announced sale-leaseback transaction for six Aframax tankers, the Whistler Spirit, Blackcomb Spirit, …
Sep 13, 2018 /  All
TOP Ships Inc. Announces Credit Committee Approval for up to $92.5 Million in Financing for Two Suezmax Newbuilding Vessels

TOP Ships Inc. Announces Credit Committee Approval for up to $92.5 Million in Financing for Two Suezmax Newbuilding Vessels

TOP Ships Inc., an international owner and operator of modern, fuel-efficient "ECO" tanker vessels currently focusing on the transportation of petroleum products, announced today that it has obtained non-binding credit …
Sep 12, 2018 /  Finance
Sovcomflot orders next generation large-capacity tankers from Zvezda with financing from VEB

Sovcomflot orders next generation large-capacity tankers from Zvezda with financing from VEB

During the 4th Eastern Economic Forum (EEF), PAO Sovcomflot (SCF Group) signed a set of agreements with Rosneft, Zvezda Shipbuilding Complex and VEB Group, placing orders with Zvezda for a series of two next generation …
Sep 11, 2018 /  Vessels
Sembcorp Marine secures Maran Tankers contract for installing marine scrubbers and ballast water management systems on 13 ships

Sembcorp Marine secures Maran Tankers contract for installing marine scrubbers and ballast water management systems on 13 ships

Sembcorp Marine has won its biggest green technology retrofits contract to date, awarded by Maran Tankers for the installation of marine scrubbers and ballast water management systems on 13 of the Greek owner’s …
Sep 10, 2018 /  Curious
Langh Tech delivers scrubber systems to NORDEN's 12 vessels

Langh Tech delivers scrubber systems to NORDEN's 12 vessels

The Finnish scrubber manufacturer Langh Tech has closed its largest deal so far and will deliver SOx scrubber systems for 12 vessels owned by Dampskibsselskabet NORDEN A/S. The Danish shipping company Dampskibsselskabet …
Sep 8, 2018 /  Curious