Maritime news

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

Tagged in MR vessel

Navig8 takes delivery of the first of six Eco-friendly newbuild MR IMO 2 vessels

The Navig8 Excel will utilise a range of technologies that improve operational efficiency, lessen fuel consumption, and reduce emissions. The Navig8 Excel entered Navig8 ownership today, the first of six newbuild MR vessels due for delivery by 2025 …
Jan 29, 2024 / Vessels

Eidesvik Offshore and Reach Subsea complete the acquisition of Viking Reach

The Joint Venture between Eidesvik Offshore ASA (Eidesvik) and Reach Subsea ASA (Reach) has today completed the acquisition of Subsea IMR vessel Viking Reach. The purchase price for the vessel was USD 29 million. Going forward the vessel will be …
Mar 20, 2023 / Vessels

TORM acquires four modern MR vessel

"We are pleased to expand the fleet with four modern MR vessels at an attractive price point. Looking into an improving demand-supply situation for the transportation of clean petroleum products, we believe that the timing for a fleet expansion with …
Jun 3, 2019 / Vessels

Maersk Product Tankers completes sale and leaseback agreement

Maersk Product Tankers has entered a sale and leaseback agreement for four MR vessels built in 2015 and 2016 with the Industrial and Commercial Bank of China (ICBC).“The agreement will increase financial flexibility and strengthen the financial …
May 17, 2019 / Vessels

d’Amico International Shipping S.A announces the sale and lease-back of one of its MR vessels

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 D.A.C. (Ireland) (d’Amico Tankers), signed …
Mar 26, 2019 / Vessels