Boskalis appointed as salvor for both damaged tankers in the Gulf of Oman

Boskalis appointed as salvor for both damaged tankers in the Gulf of Oman

Royal Boskalis Westminster N.V. (Boskalis) has been appointed as the salvor for both tankers that were hit yesterday morning in the Gulf of Oman in a suspected attack. Shortly after the incidents, the insurers of both …
Jun 14, 2019 /  Curious
Sovcomflot Chooses Maritime VSAT Solution from Orange Business Services for Its Arctic Fleet

Sovcomflot Chooses Maritime VSAT Solution from Orange Business Services for Its Arctic Fleet

Fleet Operations Center able to access fleet telemetry data in real time Intelligent satellite selection always ensures high network quality Russian shipping company Sovcomflot has chosen Orange Business Services …
Jun 11, 2019 /  Curious
Ocean Yield announces delivery of VLCC newbuilding with 15-year charter

Ocean Yield announces delivery of VLCC newbuilding with 15-year charter

Ocean Yield ASA announced earlier today that it has taken delivery of the VLCC Nissos Despotiko. Caption: Crude Oil Tanker Nissos Therassia - Image courtesy of Cengiz Tokgöz (For illustrative purposes …
Jun 10, 2019 /  Vessels
Sovcomflot and VEB.RF sign financial agreements for the construction of LNG-fuelled MR tankers

Sovcomflot and VEB.RF sign financial agreements for the construction of LNG-fuelled MR tankers

Friday (Jun 07), at the St. Petersburg International Economic Forum, Sovcomflot and VEB.RF Group announced the signing of agreements whereby VEB Leasing will finance the construction of three new LNG-fuelled MR …
Jun 10, 2019 /  Finance
d’Amico International Shipping announces the sale of MT High Sun

d’Amico International Shipping announces the sale of MT High Sun

d’Amico International Shipping S.A. (Borsa Italiana: DIS) (DIS), an international marine transportation company operating in the product tanker market, announces that Eco Tankers Limited (“Eco …
Jun 3, 2019 /  Vessels
Nordic American Tankers fixes one year or more time charter for one of its Suezmax vessels

Nordic American Tankers fixes one year or more time charter for one of its Suezmax vessels

Nordic American Tankers (NAT) announced yesterday (May30) that one of Company’s Samsung-built Suezmaxes, the Nordic Zenith, has obtained a term contract. The new contract is expected to commence on expiration of …
May 31, 2019 /  Vessels
Maersk Product Tankers confirms the order for the remaining four of ten LR2 newbuildings from Dalian Shipyard

Maersk Product Tankers confirms the order for the remaining four of ten LR2 newbuildings from Dalian Shipyard

Maersk Product Tankers has confirmed the order for the remaining four of ten LR2 newbuildings from Dalian Shipyard. The order is part of an ongoing fleet renewal programme in the LR2 segment. “We are building …
May 28, 2019 /  Vessels
Teekay Offshore Partners Secures $450 Million Shuttle Tanker Fleet Refinancing

Teekay Offshore Partners Secures $450 Million Shuttle Tanker Fleet Refinancing

Тeekay Offshore Partners L.P. (Teekay Offshore) (NYSE:TOO) announced Thursday (May23) that in accordance with previously noted financing plans, it has secured a new $450 million revolving credit facility for sixteen …
May 27, 2019 /  Finance
ECO-friendly shuttle tankers secure financing of innovative new VOC technology developed in Norway

ECO-friendly shuttle tankers secure financing of innovative new VOC technology developed in Norway

Teekay Offshore has secured long-term financing from the Norwegian Government for four new shuttle tankers being built at Samsung Heavy Industries (SHI) in South Korea. The shuttle tankers are all equipped with a new …
May 22, 2019 /  Vessels
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