Tanker Trends
Clean tanker rates for refined petroleum products on top export routes soften with build up of ships pressurizing the transatlantic market.
Rates for medium-range (MR) tankers for 37,
PortVision’s Jason Tieman will speak to the International Liquid Terminals Association (ILTA) Conference on 'New Ways toMaximize Uptime & Utilization with Limited Resources'.
All are welcome to visit the Tanker Mary A. Whalen on Pier 11, Atlantic Basin, Red Hook, Brooklyn on Tuesday, May 21.
Our short stay in Atlantic Basin, in Red
On May 17, 2013, Mitsubishi Heavy Industries Ltd. (MHI) will sign an agreement with Mitsui O.S.K. Lines Ltd. (MOL) to build a Sayaendo series new-generation liquefied natural gas (LNG) carrier.
Ultra-long-stroke units play leading role in major Teekay fuel-efficient tanker project.
STX Offshore & Shipbuilding announced on April 8, 2013 that it had signed a contract to build four 113,
During the first quarter of 2013, NAT acquired another Suezmax tanker, built to top specifications and launched this year. We expect the ship to be delivered to us by June 15,
The first Iran-built Aframax oil tanker ship is complete and the vessel will be ready soon for delivery to Venezuela.
The 113,000 dwt vessel has been built by Iran Marine Industrial Company,
In the first quarter of 2013, TORM realized a positive EBITDA of $36 million and a loss before tax of $16 million.
“The seasonally strong first quarter in the
Pole Star Space Applications said it has partnered with Delta Wave Communications to pursue onshore opportunities. Delta Wave will offer Pole Star’s remote monitoring,
Odfjell published their first quarter 2013 results, reporting EBITDA of $27 million which they said reflects a slightly better chemical tanker market and higher terminal earnings.
The following list of ship sales for April 2013 was prepared by Shipping Intelligence Inc., New York.
Sale Prices are listed in millions USD.
Date - Vessel
Seacor Holdings Inc. (SEACOR) announced that it has executed an agreement with Hyundai Heavy Industries Co., Ltd. (HHI), through a subsidiary of SEACOR Ocean Transport Inc.
Duplex stainless steel, NSSC®2120 by Nippon Steel & Sumikin Stainless Steel Corporation was recentlly chosen for the construction of two domestic tankers.
Sasaki Shipbuilding Co.
China Shipping Development and Sinopec Kantons are to spend HK$11.71 billion to buy six LNG carriers, which will be chartered to Sinopec.
The two companies have
Tsakos Energy Navigation Limited (TEN), a product, crude and LNG tanker operator today announced the successful delivery of its second fully coated DP2 suezmax shuttle product tanker,
StealthGas Inc., has increased the size of its stock offering, & will sell 10-million shares at $10 each using the proceeds towards purchase of 5 ships.
The gross
Exxon Mobil Corp. booked two tankers to haul oil to the U.S. Gulf Coast via the Suez Canal in May at what may be this year’s lowest rates, a shipbroker told Bloomberg.
Odfjell buys long-term chartered vessel 'MT Bow Engineer', a 30,086 dwt chemical tanker.
Odfjell, a leading company in the global market for transportation and storage of bulk liquid chemicals,
StealthGas Inc. announced an underwritten public offering of 8,000,000 shares of its common stock pursuant to the Company's effective shelf registration statement
Concordia Maritime released its Interm Report 1, January 1 to March 31, 2013.
Operating result of SEK 15.7 million
Improved income for vessels on the spot market
Strongest