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KOTC to Receive New Giant Tanker
Kuwait >> 9/27/2011 - A fourth giant tanker will join the fleet of Kuwait Oil Tankers Company (KOTC) on Friday, announced the company Board Chairman and Managing Director Nabil Bouresli. The 320,000-ton oil tanker, "Al-Rig...
MWCC Delivers “Eagle Texas” Tanker to Expanded System
United States >> 9/21/2011 - Marine Well Containment Company (MWCC) has announced the delivery of an integral component to its expanded containment system, a new Aframax tanker. Named "Eagle Texas" in a recent ceremony in Takamat...
AKPS Signs Letter of Intent for Two Aframax Tankers
United States >> 7/25/2011 - Aker Philadelphia Shipyard ASA announced that its sole operating subsidiary, Aker Philadelphia Shipyard, Inc. (APSI), has signed a Letter of Intent with SeaRiver Maritime, Inc. (SeaRiver), Exxon Mobil...
Yemeni Coastguards Free Saudi Oil Tanker from Pirates
Yemen >> 7/6/2011 - Yemeni coastguard forces managed to free a Saudi oil tanker after armed clashes with Somali pirates. Director General of the Aden Coastguard Sector Abdul-Rahman Musa said that Somali pirates have atte...
KOTC Receives Oil Tanker from Daewoo Shipbuilding
Kuwait >> 6/20/2011 - Kuwait Oil Tanker Co. (KOTC) announced it received a giant tanker from Daewoo Shipbuilding and Marine Engineering Co. The tanker, named Al-Salmi, can carry up to 1.2 million barrels of oil, according ...
Chemoil to Complete Fujairah Expansion by Q3 2012
United Arab Emirates >> 6/13/2011 - Global marine fuel supplier Chemoil Energy Ltd. expects to complete the seven-fold expansion of its Fujairah storage terminal by the third quarter of next year, the company's chief executive said. The...
NSCSA Subsidiary Purchase Two Petrochemical Tankers
Saudi Arabia >> 12/21/2010 - The National Shipping Company of Saudi Arabia (NSCSA) announces that the Board of Directors of The National Chemical Carriers Ltd. Co. (NCC) (one of its affiliates) agreed in their meeting held on Tue...
Sonatrach Receives Berge II - LPG Tanker
Algeria >> 9/16/2010 - Hyproc Shiping Compagny, 100% subsidiary of Sonatrach, has approved and put into operation in Arzew, a new vessel, LPG tanker named "Berga II. The order was placed on 1 September 2008 with the constru...
Diana Shipping Signs Shipbuilding Contracts
China >> 4/13/2010 - Diana Shipping Inc., a global shipping transportation company specializing in dry bulk cargoes, announced that it has signed, through its 100% owned subsidiaries, two shipbuilding contracts with China...
Stena Bulk Orders New Generation Suezmax Tankers
South Korea >> 1/12/2010 - Stena Bulk has confirmed an order for two in-house designed Suezmax tankers from Samsung, South Korea for delivery in 2011. The 158,700-dwt vessels, with a length of 274 metres and a beam of 48 metres...
TNK-BP Will Send Its First Tanker With ESPO Oil
Russia >> 12/25/2009 - The Russian-British company TNK-BP will send its first tanker with oil of the ESPO (East Siberia–Pacific Ocean) grade from the new seaport Kozmino, the terminal point of the East Siberia–Pacific Ocean...
Yemen Sends the First LNG Shipment
Yemen >> 11/7/2009 - Yemen dispatched its first liquefied natural gas (LNG) shipment on Saturday from a $4.5 billion Total-led plant, as the leader of the violence-torn country sought to soothe security concerns. The firs...
Cairn Reaches Initial Agreement For Supplies to RIL
India >> 11/4/2009 - Cairn India, which has commenced crude production from the Mangala field in Barmer, Rajasthan, has concluded an initial agreement to supply crude oil from the Mangala field to Reliance Industries Limi...
The Tanker Market - Jan 07
Austria >> 1/19/2007 - After showing declines for the previous two months, OPEC spot fixture increased in December by0.45 mb/d to average 12.0 mb/d, around 3.9% higher than the previous month. Spot fixtures fromthe Middle E...
The Tanker Market - Dec 06
Austria >> 12/18/2006 - The Tanker Market In November, global spot fixtures fell an estimated 1.25 mb/d or 6%, OPEC’s share out of the estimated decline stood at 0.65 mb/d bringing OPEC spot fixtures to 11.88 mb/d, the lowes...
OPEC Exports Seen +150,000 B/D in 4 Wks to Dec 9
Austria >> 11/23/2006 - A leading tanker tracker group Thursday forecast that OPEC seaborne exports will rise 150,000 barrels a day in the four weeks to Dec. 9, but revised down its figures from last week's report and said s...
The Tanker Market - Nov 06
Austria >> 11/15/2006 - In October, OPEC spot fixtures showed an estimated increase of nearly 0.6 mb/d or 4.8% to average 12.7 mb/d. Although the first increase since June compared to a year earlier, OPEC spotfixtures were a...
The Tanker Market - October 06
Austria >> 10/16/2006 - In September, estimated OPEC spot fixtures showed a decline of nearly 0.5 mb/d or 3.7% toaverage 12.3 mb/d. OPEC fixtures have fallen for the third consecutive month, although the losswas lower than t...
The Tanker Market - Sep 06
Austria >> 9/15/2006 - OPEC spot fixtures in August declined for the second consecutive month to average 13.0 mb/d, down 0.6 mb/d from the previous month but still 0.5 mb/d above a year earlier. In two months OPEC spot fixt...
The Tanker Market - August 06
Austria >> 8/16/2006 - After having increased by more than 2.6 mb/d between April and June, preliminary data shows that OPEC spot fixtures declined slightly in July to average 14.4 mb/d, down 90,000 b/d from the previous mo...

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