Maersk Product Tankers completes sale and leaseback agreement

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 …
May 17, 2019 /  Vessels
Navios Maritime Acquisition Corporation Announces $103.2 million Sale and Leaseback Transaction

Navios Maritime Acquisition Corporation Announces $103.2 million Sale and Leaseback Transaction

Navios Maritime Acquisition Corporation (Navios Acquisition) (NYSE:NNA), an owner and operator of tanker vessels, announced today that it has completed a $103.2 million sale and leaseback transaction (Transaction) for …
Apr 18, 2019 /  Finance
Spotted: Erik Thun names two product tankers at Avic Dingheng Shipyard

Spotted: Erik Thun names two product tankers at Avic Dingheng Shipyard

In the presence of the family, colleagues and business partners Erik Thun, part of the Gothia Tanker Alliance, named two 18650 dead weight product tankers in the L-Class series at Avic Dingheng Shipyard on Saturday the …
Mar 25, 2019 /  Vessels
MOL Moves to Establish 'Asahi MOL Tankers' for Pool Operation of MR Product Tankers

MOL Moves to Establish 'Asahi MOL Tankers' for Pool Operation of MR Product Tankers

Meeting Customer Needs with More Efficient Ship Allocation TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) today announced that MOL and Asahi Tanker Co., Ltd. have signed a contract to establish a pool operation company, Asahi …
Jan 21, 2019 /  Curious
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
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
NORDEN adds 2 more MR tankers to its fleet

NORDEN adds 2 more MR tankers to its fleet

NORDEN has purchased 2 South Korean-built MR product tankers from 2009. Both vessels have a deadweight capacity of 50,000 tonnes and the acquisition further expands the NORDEN product tanker fleet ahead of the expected …
Nov 27, 2018 /  Curious
Langh Tech delivers scrubber systems for the Greek market

Langh Tech delivers scrubber systems for the Greek market

Langh Tech has secured a large deal in Greece for the delivery of 10 shipset scrubber systems for Bulk Carriers and Product Tankers. Shipping companies Marmaras Navigation and Delta Tankers, owned by Mr. Diamantides, …
Nov 15, 2018 /  Vessels
Stena Bulk charters out two MR tankers to Petrobras

Stena Bulk charters out two MR tankers to Petrobras

Brazil's state-owned oil company, one of the world's fastest-growing energy companies, has signed a contract with Stena Bulk for the chartering of its MR product tankers Stena Conqueror (47,000 dwt, built in 2003) and …
Sep 7, 2018 /  Vessels
Scorpio Tankers Announces Sale and Leaseback Agreements for Seven Product Tankers

Scorpio Tankers Announces Sale and Leaseback Agreements for Seven Product Tankers

Scorpio Tankers Inc. (NYSE:STNG) (Scorpio Tankers) announced yesterday that it has agreed to sell and leaseback six MR product tankers (STI San Antonio, STI Benicia, STI St. Charles, STI Yorkville, STI Mayfair and STI …
Jul 18, 2018 /  Vessels