Products Tanker

Latest News for: Products tanker

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Concordia Maritime offloads another product tanker

Splash24/7 05 Jul 2022

Sweden’s Concordia Maritime has struck a deal with an undisclosed Greek-based buyer for the sale of its 2005-built product tanker, Stena Paris. The 65,000 dwt P-Max tanker, built by Brodosplit Shipyard in Croatia, is scheduled for delivery at the end of July 2022, with the sale expected to have a positive liquidity effect of around $5m.

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Another one gone as Concordia sells product tanker into Greece

Tradewinds 05 Jul 2022

The Stena-controlled company said a deal has been ...

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BRS downplays ‘sting in the tail’ for product tankers this summer

Tradewinds 05 Jul 2022

The good times are here to stay for product tanker owners, despite ...

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State lawmakers want U.S. Air Force to build next generation tanker aircraft in Georgia

Victoria Advocate 05 Jul 2022

Georgia lawmakers representing Cobb County and state officials contend the tanker’s production could produce more than 1,000 jobs for Georgians if the U.S ... Its Marietta facility "would be involved in the second stage of their proposed tanker’s production," the lawmakers say ... Air Force’s KC-46 aerial refueling tanker is a short-term solution.

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GSI Shipyard adds to methanol and dual-fuel tally

Seatrade Maritime News 05 Jul 2022

South China’s biggest shipbuilder delivered Eastern Pacific Shipping’s 274 m, 157,300 dwt Greenway, the world’s first LNG dual fuel suezmax tanker ... GSI also celebrated the delivery to Proman Stena Bulk of Stena Pro Marine, the second in a series of three methanol-fuelled tankers for the owner ... Shipyards LNG Tankers Product Tankers Asia.

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Sale of the P-MAX vessel Stena Paris

Hellenic Shipping News Worldwide 05 Jul 2022

... of the product tanker Stena Paris (65,000 dwt, built in 2005).

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Algoma Central Corporation Announces Sale of Station Mall in Sault Ste. Marie

Hastings Tribune 05 Jul 2022

ST. CATHARINES, Ontario--(BUSINESS WIRE)--Jul 5, 2022--. Algoma Central Corporation (TSX. ALC) announced today that it has sold Station Mall, a large regional shopping complex located in Sault Ste. Marie, Ontario ... View the full release here ... Lawrence Waterway, including self-unloading dry-bulk carriers, gearless dry-bulk carriers and product tankers ... PUB.

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Chemical tanker owners need ‘the guts’ to stay away from ‘easy’ trades

Tradewinds 04 Jul 2022

... product tanker “swing tonnage”, according to Niels Stolt-Nielsen.

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Buyer of BP Shipping product carrier octet finally revealed

Tradewinds 04 Jul 2022

Anna Angelicoussis-controlled ...

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D’Amico strikes fresh Japanese leaseback deal

Tradewinds 04 Jul 2022

... deal with Japanese investors for two MR product tankers.

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Energy in the spotlight as US offshore oil leases considered

Seatrade Maritime News 04 Jul 2022

Analysts have not seen clear-cut economic justifications for Jones Act waivers, noting the elevated hires for international flag tankers hauling products (as high as $50,000- $60,000/day on some MR runs) have lowered the cost advantage for replacing Jones Act vessels with international units.

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Report: Skyrocketing Global Fuel Prices Threatening Livelihoods, Social Stability

This Day 04 Jul 2022

THISDAY reports that the problem has been further worsened by local challenges of transporting the products from the depot as tanker drivers and owners seek a rise in the so-called bridging fund ... of production and ports, which have severely crippled the country’s exports.

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Africa builds an integrated energy economy (By Paul Sinclair)

Business Ghana 04 Jul 2022

Midstream usually refers to the transportation and storage of petroleum products by pipeline, barges, tankers or trucks, while the petroleum downstream is mainly concerned with refining and processing of petroleum and natural gas and marketing and distributing end products to consumers.

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How Russia's war on Ukraine is pushing up the cost of insurance

RTE 04 Jul 2022

Analysis. The war is increasing insurance premiums everywhere as insurers seek to make up for their losses from sanctions ... Yet this may not happen, because Russia is making moves to overcome the problem itself ... Premiums on oil tankers and other important cargo in the Black Sea, such as agricultural and cereal products, have also risen significantly ... .

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D’Amico agrees new refinancing deal for product tanker pair

Splash24/7 03 Jul 2022

Italian owner d’Amico International Shipping (DIS) has closed refinancing agreements with Japanese counterparties for two of its recently reacquired product tankers ... DIS’ fleet comprises 35 double-hulled product ...