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Tankers News

Tanker Market - Febrauary 2016
Austria >> 2/11/2016 - Freight rate for dirty tanker ship owners showed a continued increase in January. On average, dirty tanker freight rates rose by 3% from the previous month, influenced by higher freight rates achiev...
Tanker Market - Januray 2016
Austria >> 1/18/2016 - In December, dirty tanker spot freight rates were mixed, with VLCC rates showing gains following a decline encountered the previous month, while other vessels in the dirty class did not share this p...
SUMED Signed $324m Contract for Ain Sukhna Product Hub
SUMED Signed $324m Contract for Ain Sukhna Product Hub Egypt >> 12/17/2015 - SUMED signed the first contract for utilization of SUMED Ain Sukhna Product Hub (ASPH) Jetty With Egyptian Natural Gas Holding Company (EGAS) under the patronage of H.E. Eng. Tarek El Molla Egyptian M...
Tanker Market - December 2015
Austria >> 12/13/2015 - In November, tanker spot freight rates for both dirty and clean vessels varied. In the dirty tanker market, spot freight rates for the VLCC class were lower than in the previous month across all rep...
Tanker Market - November 2015
Austria >> 11/16/2015 - In October, tanker spot freight rates for dirty vessels showed a remarkable gain mainly in the VLCC sector which drove the increase in the market and created a spillover effect for other classes...
Tanker Market- October 2015
Austria >> 10/17/2015 - In general, improved sentiment was seen in September in the tanker market, more obviously for larger vessels. Tanker freight rates registered an increase of 27% and 5%, for VLCC and Suezmax classes,...
At least 85 Killed in South Sudan Oil Tanker Blast
South Sudan >> 9/17/2015 - At least 85 people were killed in South Sudan when a crowd tried to gather fuel from an oil tanker that had veered off the road on its way to a region west of the capital Juba, the presidential spokes...
Tanker Market - September 2015
Austria >> 9/15/2015 - Bearish sentiment dominated the crude oil tanker market in August, with VLCCs registering the highest rate drop in the dirty segment, down by 40% from the previous month. Freight rates remained larg...
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...

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