Tanker Archives — Page 2 of 2 — City Business News

August 18, 2019 No Responses

ExxonMobil Hires LNG-Fueled Bunker Tanker

ExxonMobil Asia Pacific has signed a two-year time charter deal for Singapore’s first LNG-powered bunker tanker with Sinanju Tankers Holdings. Under the deal, the 7,990 dwt newbuilding, to be named Marine Vicky, will be committed to delivering ExxonMobil’s EMF.5™ Engineered...

July 21, 2019 No Responses

Iran Seizes British Tanker

(BBC)–There will be “serious consequences” if Iran does not release a British-flagged tanker seized in the Gulf, Foreign Secretary Jeremy Hunt has said. The Stena Impero’s owners say they have been unable to contact their vessel, which ...

December 26, 2018 No Responses

2018 Tanker Deliveries May Slip Into 2019

2018 has been a challenging year for tankers with rates bottoming out in the third quarter of the year, and finally ushering in a long-anticipated market recovery. Due to weak industry returns and attractive scrap prices, owners provided some relief...