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Tagged in Product Tanker
Hafnia’s second LNG-fuelled tanker named in China
Guangzhou Shipyard International (GSI), a subsidiary of CSSC, has held a naming ceremony for Hafnia’s second liquefied natural gas (LNG) dual-fuel product tanker. As disclosed, the naming ceremony took place at the company’s yard in China on 22 May. …
May 23, 2023 / Vessels
Concordia Maritime AB entered into an agreement for the sale of the product tanker Stena Penguin
Concordia Maritime AB has entered into an agreement for the sale of the product tanker Stena Penguin. The sale is expected to have a positive liquidity effect of approximately SEK 215 million. Stena Penguin, 65,200 dwt, was built in 2010. The buyer …
May 3, 2023 / Vessels
Pyxis Tankers Announces Completion of Sale of Its 2009 Built Tanker
Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), an international pure-play product tanker company, today announced that it has completed the sale of the Pyxis Malou, a 2009 built 50,667 dwt product tanker, for the aggregate sale price of $24.8 million. …
Mar 24, 2023 / Vessels
TORM purchases three fuel-efficient MR product tankers in a partly share-based transaction
TORM has today entered into an agreement to purchase three 2013-built MR eco product tanker vessels for a total cash consideration of USD 48.5m and the issuance of 1.42 million shares. The transaction will increase TORM’s total fleet to 88 …
Mar 16, 2023 / Vessels
Scorpio Tankers Announces the Exercise of Purchase Options on Six Ships
Scorpio Tankers Inc. (NYSE: STNG) (Scorpio Tankers) announced today that it has exercised the purchase options on six ships. The Company has given notice to exercise its purchase options on two 2016 built LR2 product tankers (STI Grace and STI …
Mar 13, 2023 / Vessels
Pyxis Tankers Announces Sale of Oldest Product Tanker
Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), an international pure-play product tanker company, today announced that it has agreed to sell the vessel Pyxis Malou, 2009 built 50,667 dwt. product tanker, for a sale price of $24.8 million in cash to an …
Mar 9, 2023 / Vessels
Newbuild LNG Additions to the Hafnia Fleet
Hafnia will soon welcome 4 new dual fuel LR2 product tanker additions to Hafnia's fleet. These vessels will be time chartered out to Company's long-standing customers TOTAL Energies (2) and Equinor (2) and are owned by a joint venture of Hafnia and …
Dec 26, 2022 / Curious
Algoma Central Corporation Announces Acquisition of Two Product Tankers
The investment strengthens Algoma’s commitment to long-term sustainable shipping solutions Algoma Central Corporation (Algoma) (TSX: ALC), on Thursday (Dec 22), announced that it has acquired two 18,894 dwt product tankers to join the Algoma Product …
Dec 23, 2022 / Vessels
Nanjing Tanker's new MR tanker YONG AO successfully delivered
On December 12, 2022, the 49,700 DWT product tanker YONG AO built by Nanjing Tanker Corporation in Guangzhou Shipyard International was successfully delivered. As the largest MR fleet carrier in the Far East, Nanjing Tanker is capable of both …
Dec 13, 2022 / Vessels
Algoma Central Corporation and Furetank Double Investment in Product Tankers
Algoma and Furetank expand FureBear joint venture to construct four additional climate-friendly dual-fuel product tankers to trade in Northern Europe Algoma Central Corporation (TSX: ALC) today announced that it has doubled its investment in the …
Nov 10, 2022 / Curious