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Tankers News

Tanker Market August 2015
Austria >> 8/12/2015 - Dirty tanker spot freight rates were mixed in July. VLCC rates registered gains compared with the previous month, mainly supported by several delays in various ports as well as tighter tanker supply...
Tanker Market - July 2015
Austria >> 7/14/2015 - In June, crude oil tanker market sentiment was mixed. In general, dirty spot freight rates increased by 12%, on average, compared with the previous month. The average gain came mainly on the back of...
KNOT Offshore Completes the Acquisition of Dan Sabia Shuttle Tanker
Brazil >> 6/15/2015 - KNOT Offshore Partners LP has completed its acquisition of all the ownership interests in the company that owns and operates the shuttle tanker Dan Sabia. The purchase price was $103.0 million, net of...
Tanker Market - June 2015
Austria >> 6/11/2015 - Dirty tanker market sentiment showed an improvement in May compared to a month ago in all classes unlike the usual trend at this time of the year. The higher freight rates were seen on many routes, ...
Ferguson Enhances Middle East Senior Management Team
Scotland >> 6/7/2015 - Ferguson Group has appointed Emile Bado as Regional Manager, Middle East and North Africa. The global supplier of DNV 2.7-1/ EN 12079 offshore containers, tanks, baskets, refrigerated/freezer module...
Teekay to Construct 3 Shuttle Tankers to Service New East Coast Canada Contracts
Canada >> 6/1/2015 - Teekay Offshore Partners L.P. has entered into new long-term contracts with a group of companies that includes Chevron Canada, Husky Energy, Mosbacher Operating Ltd., Murphy Oil, Nalcor Energy, Statoi...
Tanker Market - May 2015
Austria >> 5/12/2015 - Crude oil tanker market sentiment weakened in April as average spot freight rates dropped on most reported routes. On average, dirty tanker freight rates were down 8% from the month before. Despite a ...
Tanker Market - April 15
Austria >> 4/16/2015 - Dirty tanker freight rates generally declined in March from the previous month, dropping 3% on average. This fall mainly affected the VLCC and Aframax class in March, while Suezmax closed the month 5%...
Lukoil To Sell Service Terminal Rotterdam
Netherlands/Holland >> 4/2/2015 - LITASCO SA, the exclusive international marketing and trading company of OAO LUKOIL, together with its Joint Venture partner Burando Maritime Services, a leading maritime services provider in the Amst...
Iraq Oil Ministry Settles MMS Legal Action in Greece
Iraq Oil Ministry Settles MMS Legal Action in Greece Iraq >> 4/1/2015 - The Ministry of Oil of the Republic of Iraq announced that it has entered into a settlement agreement with Marine Management Services M.C. (MMS) and certain related parties, and that as a consequence ...
Tanker Market - March 15
Austria >> 3/16/2015 - After gains over the past few months, freight rates in the tanker market declined month-on-month in February. The lowest freight rates were registered for VLCCs and Suezmax as both classes showed a ...
Wartsila Explosion Proof (EX) -Certified BWMS Ordered for Chemical Tankers
Finland >> 3/3/2015 - A series of eight new 33,000 DWT chemical tankers, currently under construction in Asia, will feature Wartsila Aquarius UV Ballast Water Management Systems (BWMS) each of which is certified for explos...
COSCO Zhoushan Secures 152,000-dwt Shuttle Tanker from Knutsen
Norway >> 2/10/2015 - COSCO (Zhoushan) Shipyard has secured a 152,000-dwt shuttle tanker from Knutsen. This is the second 152,000-dwt shuttle tanker the yard has undertaken to build for the Norwegian owner. ...
Tanker Market
Austria >> 2/9/2015 - As seen in the previous months, January saw further freight rate increases for ship owners, particularly for the dirty tanker sector. The year 2014 ended on a positive note for tanker owners as frei...
Tanker Market - January 15
Austria >> 1/15/2015 - In December, dirty tanker spot freight rates were mixed. While VLCC rates registered gains compared with the previous month, spot freight rates for Suezmax and Aframax dropped from a month earlier. In...
Teekay Acquires 5 Modern Aframax Tankers for $230m
Canada >> 12/18/2014 - Teekay Tankers Ltd. has agreed to acquire four coated Aframax tankers and one uncoated Aframax tanker for an aggregate purchase price of approximately $230 million. The five vessels, which are expecte...
Tanker Market - December 14
Austria >> 12/11/2014 - Gains seen in October continued this month as both crude and product spot freight rates registered growth in November. Spot freight rates recovered across all tanker sectors, as the month exhibited ...
Urals Energy Receipt of tanker payment and discharge of Petraco loan
Russia >> 11/26/2014 - The Board of Urals Energy, the independent exploration and production company with operations in Russia, has received the payment from Petraco Oil Company Limited following its recent tanker shipment....
Third Oil Shipment from the Prirazlomnoye Field Delivered to Europe
Russia >> 11/17/2014 - The Mikhail Ulyanov tanker has delivered the third shipment of Arctic oil (ARCO) produced at the Prirazlomnoye field to consumers in northwestern Europe. Crude shipments from the field totalled approx...
Tanker Market - November 14
Austria >> 11/12/2014 - In October, tanker spot freight rates for dirty and clean vessels saw gains across various classes, with Suezmax rates encountering the strongest growth among all classes. Both crude and product spo...

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