Tanker Trends

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Eniram Study Points to Widespread Tanker Fuel Inefficiency

Eniram's landmark study on VLCC quantifies real fuel savings from trim optimization and hull fouling impact assessment Eniram Limited, a Finnish provider of real-time

Stealthgas Inc Report Improving Q1 2012 Results

Greece's Stealthgas, shipowners primarily serving the liquefied petroleum gas (LPG) sector, announce its unaudited financial and operating results for the first quarter ended March 31,

Graig Wins 10-vessel contract for Global Union Suezmax Newbuilds

Graig China Ltd (GCL), part of the Cardiff-based Graig Group, has been contracted by Hong Kong-based Global Union Shipping Limited to supervise the construction of ten 157,

Tanker Market: A Pessimistic Outlook

Drewry Maritime Research’s latest Tanker Forecaster report indicates that Suezmax owners got some respite in the first quarter of the year, but things are looking bleak in the longer term.

Tankers Gain as US Imports Less, China More

Tankship freight rates on the up as global oil trade pattern changes According to Bloomberg, the U.S. is importing the least in 13 years as China buys more than ever,

Piracy – Tanker Owners to Expore 'War Zone' Option

INTERTANKO to discuss with insurers & charterers reclassification of Somali waters as a 'War Zone' instead of 'War Risk Zone' in order to avoid transits The

Report: Chem Tanker Rates Slide

Drewry’s Chemical Tanker Freight Rate Index dropped during the first quarter, registering its first quarterly decline since 3Q10. Transpacific westbound rates lost as much as 13%.

Call on OPEC Oil Increasing Say IEA

International Energy Agency (IEA) reports call on 'OPEC crude & stock change' rising IEA reports that global oil supply increased by 0.6 mbd to 91.0 mbd in April, 3.

Pirates Board SuezMax Oil Tanker off Somalli Coast

Operators Dynacom Tanker Management report their motor tanker 'Smyrni' hijacked by pirates in the Arabian Sea At approximately 1115 UTC on 10 May, 2012, an oil

Marine Transportation – New Market Research Report

Reportlinker.com announces that a new market research report 'Marine Transportation' is available in its catalogue The global outlook series on Marine Transportation

Uni-Tankers of Denmark Buys Fifth Vessel from ERRIA

ERRIA announce the sale & transfer of tanker 'Erria Dorthe' to Uni-Tankers This is the fifth of nine vessels that ship management company Erria is planning to sell.

General Maritime Corp to Emerge from Bankruptcy Soon

General Maritime Corp. expects to emerge from Chapter 11 soon Financial Indebtedness to be reduced by approximately $600 Million; Oaktree Managed Funds to Provide $175 Million in new capital

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Intercontinental Oil Trade Likely to Increase Says New Report

New market research report on the oil tanker market 2012 – 2022 available from 'Reportlinker' Information contained is as follows: Global oil trade

Korean Shipbuilder Delivers 'Eco-design' Suezmax to AET

First of four 'eco-design, fuel efficient Suezmax tankers delivered to AET by Samsung Heavy Industries Recognising the ever increasing demand for more fuel efficient

World's First 'Non Sea Water Ballast Ships' Ordered

Four tank ships ordered from Ningbo East Shipyard, China are of Non Sea Water Ballast Ships (NOBS) design Ningbo Dongfang Shipyard has recently won two newbuilding orders for two 6,

Nordic Shipholding Sells Chemical Tanker Activities

Nordic Shipholding A/S completes sale of chemical tanker activities. In continuation of company announcement no. 1/2012 published via NASDAQ OMX on 27 March 2012,

Iraq Oil Exported from New Floating Terminal

India imports heavy oil from Iraq's second new floating terminal Iraq has exported its first cargo of crude oil of two million barrels from the second new floating terminal in the Gulf,

AMP: Jones Act Fleet Can Meet Demand

American Maritime Partnership (AMP) Tells Congress That American Fleet Can Meet Additional Demand If Sunoco Refinery Closes Corrects Erroneous EIA Report. In written testimony to the U.

FSL TRUST: Vessel Portfolio Positioned for Stability, Opportunity

HIGHLIGHTS: • Revenue rose 9.3% to $26.1 million despite loss of bareboat charter revenue from three chemical tankers leased to BLT • Revenue contribution

VLCC Delivered to Oman Shipping Co. by Daewoo

Oman Shipping Company (OSC) takes delivery of  317,000 dwt VLCC with advanced BWT system Oman Shipping Company S.A.O.C. (OSC) took delivery of a Very Large

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