Tag: Tanker

Shell Seals Deal On 14 New LNG-Fueled Tankers
August 21, 2019 No Responses

Shell Seals Deal On 14 New LNG-Fueled Tankers

As part of its measures to decarbonise shipping, Oil and gas major, Shell has reached agreements to charter a fleet of up to fourteen new liquefied natural gas-fueled crude oil and products tankers,  Namely, Shell Tankers (Singapore) agreed a long-term...
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ExxonMobil Hires LNG-Fueled Bunker Tanker
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...
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Iran Seizes British Tanker
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 ...
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2018 Tanker Deliveries May Slip Into 2019
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...
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