Ocean Yield acquires a modern Suezmax tanker with long-term charter to Okeanis Eco Tankers

Ocean Yield acquires a modern Suezmax tanker with long-term charter to Okeanis Eco Tankers

Ocean Yield ASA (Ocean Yield) announced earlier today that the Company has agreed to acquire a modern Suezmax tanker for a consideration of USD 56.0 million with 13-year bareboat charter to Okeanis Eco Tankers Corp …
Jan 16, 2019 /  Vessels
TEN Announces 36-Month Market Related Charters for Two Product Tankers

TEN Announces 36-Month Market Related Charters for Two Product Tankers

Up to $60.0 million in Potential Maximum Revenues Strong Spot Rates Continue in 2019 TEN, Ltd (TEN) (NYSE:TNP) Tuesday (Jan08) announced 36-month long charters with min/max provisions for two product tankers to a major …
Jan 9, 2019 /  Curious
MOL Chemical Tankers acquires entire shares of Nordic Tankers AS from Triton

MOL Chemical Tankers acquires entire shares of Nordic Tankers AS from Triton

MOL Chemical Tankers Pte. Ltd. in Singapore (MOLCT) and Nordic Tankers A/S in Denmark (NT) Tuesday (Jan08) announced that Triton, the current sole shareholder of NT, agrees to sell and deliver 100% of shares of NT to …
Jan 8, 2019 /  Curious
d’Amico International Shipping announces the sale and lease back of the LR vessel Cielo di Houston

d’Amico International Shipping announces the sale and lease back of the LR vessel Cielo di Houston

d’Amico International Shipping S.A. (Borsa Italiana: DIS) (DIS), an international marine transportation company operating in the product tanker market, announces that its operating subsidiary d’Amico Tankers …
Jan 8, 2019 /  Vessels
Concordia Maritime announces sale of positions in chartered-in Suezmax vessels

Concordia Maritime announces sale of positions in chartered-in Suezmax vessels

Concordia Maritime is selling the positions previously taken in four chartered-in Suezmax vessels. The economic value corresponds to an EBITDA of USD 5.3 million. Caption: Suezmax Crude Oil Tanker Stena Supreme - …
Dec 19, 2018 /  Finance
Preem and Thun Tankers Focus on More Environmentally Adapted Tankers

Preem and Thun Tankers Focus on More Environmentally Adapted Tankers

On Saturday, December 15, the company Thun Tankers names the new, environmentally adapted tanker “Thun Evolve” in Groningen, Holland. The tanker will be long-term leased by Preem for deliveries to the …
Dec 14, 2018 /  Vessels
Navig8 Chemical Tankers enters into sale and leaseback agreements with AVIC International for two 37,000-dwt product oil/chemical tankers

Navig8 Chemical Tankers enters into sale and leaseback agreements with AVIC International for two 37,000-dwt product oil/chemical tankers

Navig8 Chemical Tankers Inc. (N-OTC: CHEMS), an international shipping company focused on the transportation of chemicals, today announced that it has entered into sale and leaseback agreements with AVIC International …
Dec 12, 2018 /  Vessels
Overseas Shipholding Group, Inc. & American Shipping Company ASA Jointly Announce Extension of Tanker Charters

Overseas Shipholding Group, Inc. & American Shipping Company ASA Jointly Announce Extension of Tanker Charters

Overseas Shipholding Group, Inc. (NYSE:OSG) and American Shipping Company (Oslo Stock Exchange: AMSC / OTCQX: ASCJF) yesterday jointly announced that OSG has exercised options to extend its charter agreements with AMSC …
Dec 11, 2018 /  Vessels
FSL Trust Orders Two LR2 Tanker at Cosco yard

FSL Trust Orders Two LR2 Tanker at Cosco yard

Singapore-based First Ship Lease Trust (FSL Trust) Management has entered into a letter of intent with China’s Cosco Shipping Heavy Industry (Yangzhou) to order two LR2 product tankers, fitted with scrubbers, for …
Dec 7, 2018 /  Curious
Naming ceremony for the Arctic condensate tanker Boris Sokolov held at Guangzhou Shipyard International

Naming ceremony for the Arctic condensate tanker Boris Sokolov held at Guangzhou Shipyard International

The naming ceremony for the Arctic condensate tanker Boris Sokolov was held at Guangzhou Shipyard International on 4 December 2018. The Arc7 ice class ship is named after Captain Sokolov who commanded the world’s …
Dec 5, 2018 /  Vessels