AET Tankers Newest Aframaxes Make Maiden LNG Bunkering

AET Tankers Newest Aframaxes Make Maiden LNG Bunkering

AET Tankers announced yesterday that the first LNG dual-fuel sister Aframaxes, Eagle Brasilia and Eagle Bintulu, successfully completed their first ship-to-ship (STS) LNG bunkering at the Port of Rotterdam (POR), earlier …
Apr 19, 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
Tristar Group signs contract with Shell for 6 chemical tankers

Tristar Group signs contract with Shell for 6 chemical tankers

UAE-based oil and gas logistics leader Tristar Group has signed firm contracts for six new build 25,000 MT DWT, IMO Type 2 Oil and Chemical Tankers with South Korea’s premier shipbuilder, Hyundai Mipo Dockyard. The …
Apr 17, 2019 /  Vessels
Watson Farley & Williams advises Teekay Offshore on US$414m ECA-backed shuttle tanker newbuild loan

Watson Farley & Williams advises Teekay Offshore on US$414m ECA-backed shuttle tanker newbuild loan

Watson Farley & Williams (WFW) advised long-standing client Teekay Offshore Partners L.P. (Teekay Offshore) on a US$414m debt facility to fund four LNG-fuelled newbuild shuttle tankers. The facility, which bears …
Apr 11, 2019 /  Finance
Okeanis Eco Tankers Corp: Option to acquire two Suezmax newbuildings

Okeanis Eco Tankers Corp: Option to acquire two Suezmax newbuildings

Okeanis Eco Tankers Corp. has been granted an option by the Company’s Chairman (the Sponsor) to acquire two Suezmax newbuilding vessels to be constructed at Hyundai Heavy Industries delivering in Q3 …
Apr 8, 2019 /  Curious
Algoma Central Corporation Announces Delivery of the Product Tanker Algoterra

Algoma Central Corporation Announces Delivery of the Product Tanker Algoterra

Algoma Tankers Limited (ATL), an operating unit of Algoma Central Corporation (Algoma) (TSX: ALC), a leading provider of marine transportation services, today announced that it has taken delivery of the 16,500 DWT …
Apr 2, 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 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 …
Mar 26, 2019 /  Vessels
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
Stena Bulk to install exhaust gas scrubbers on 16 tankers

Stena Bulk to install exhaust gas scrubbers on 16 tankers

Stena Bulk has made a major investment in scrubbers and before January 2020 16 units will be installed. 10 IMOIIMAXes, 5 Suezmaxes and one of standard MR will be equipped with the after-treatment system. The total …
Mar 18, 2019 /  Vessels
Navig8 Chemical Tankers enters into sale and leaseback agreements with ICBC Financial Leasing for four 37,000dwt product oil/chemical tankers

Navig8 Chemical Tankers enters into sale and leaseback agreements with ICBC Financial Leasing for four 37,000dwt product oil/chemical tankers

Navig8 Chemical Tankers Inc. (N-OTC: CHEMS), an international shipping company focused on the transportation of chemicals, Friday announced that it has entered into sale and leaseback agreements with ICBC Financial …
Mar 18, 2019 /  Vessels