Latest News for: Products tanker


Project Produces Hydrogen Carrier Capable of Being Shipped on Tankers

The Maritime Executive 01 Feb 2023
... an inert carrier that is stable and easy to ship using conventional tankers and ship the product to Japan to fuel hydrogen fuel cell applications ... Eneos has a fleet of 12 crude tankers, 14 product tankers, and 13 LPG carriers including newly built vessels from Japan Marine United.

Maersk Tankers: The long-haul factor driving tanker fortunes in 2023

Tradewinds 01 Feb 2023
Last year’s spectacular gains for product tankers were achieved without a boost from the ...

2023 tipped to be a top year for owners seeking to finance their fleets

Splash24/7 01 Feb 2023
Product tankers are “in vogue” with financiers according to oceanis with loans at over 100% of historic fair market value (FMV) possible for pool-trading mature vessels.

Bahri posts 441% jump in full year profits on tanker market surge

Seatrade Maritime News 01 Feb 2023
Full year net profits were up sharply, by 441%, to $1.04bn, while revenues rose 60% to $8.58bn ... Related ... Bahri today operates 40 very large crude carriers (VLCCs), 40 chemical and product tankers, six multipurpose vessels and nine dry bulk carriers ... Listen to an episode of the Seatrade Maritime Podcast on the outlook for the tanker market in 2023.

Why the West’s oil sanctions on Russia are proving to be underwhelming

Economist 01 Feb 2023
A second round of European sanctions, on diesel and other refined products, is due to come into force on February 5th ... \nCould the next batch of sanctions, on refined oil, do more damage? At first glance it seems that they could curb Russian exports of diesel and other products in the near term.

Looming Russian products ban has analysts divided

Splash24/7 31 Jan 2023
Experts are unsure whether the incoming measures will prove a significant bonus for product tanker owners ... As a result, average round voyage times for the global product tanker fleet will stay roughly at today’s levels of around 30 days. Other experts are more bullish about prospects for product tanker owners from Sunday onwards.

Jaldhi Overseas expands fleet with product tanker order

Tradewinds 31 Jan 2023
The Singapore-based shipping company which currently owns a single tanker — ...

Braemar warns product boom could turn into ‘damp squib’

Tradewinds 31 Jan 2023
Shipowners have predicted a potential double-digit increase in ...

Greenpeace Protesters Cleared of Charges for Blockading Russian Ship

The Maritime Executive 31 Jan 2023
A group of Greenpeace protesters who blocked the arrival of a Russian tanker at a terminal on the Thames last year have been acquitted of charges related to their intervention, and prosecutors do not plan to appeal the decision. Last May, the group used a Greenpeace app to track the Greek-flagged product tanker Andromeda on its voyage to the UK ... ....

Column: Asia diesel profit margin to tango with China exports, Russian ban

Reuters 31 Jan 2023
The question for the market is are margins for diesel and gasoline going to continue to retreat as China maintains robust exports, or will the European Union ban on imports of Russian refined products, due to take effect on Feb ... shipments of refined products from February onwards.

Boeing awarded contract for 15 KC-46A tankers

Xinhua 30 Jan 2023
dollars contract for the ninth production lot of 15 KC-46A Pegasus tanker aircraft by the U.S ... Boeing is on contract for 138 KC-46A Pegasus tankers globally, the company said ... Boeing awarded contract for 15 KC-46A tankers ...

US Air Force Orders 15 Additional KC-46 Air Refueling Tankers For $3.2Bln - Boeing

Urdu Point 30 Jan 2023
"The US Air Force has awarded Boeing a $2.3 billion contract for the ninth production lot of 15 KC-46A Pegasus tanker aircraft, expanding its fleet of the world's most advanced multi-mission aerial refueler," the release said on Monday.

Idan Ofer takes big profit as he chops stake in Ardmore Shipping

Tradewinds 30 Jan 2023
... Ireland-based product tanker owner Ardmore Shipping.

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In this handout photo taken from video released by Russian Defense Ministry Press Service on Wednesday, Oct. 26, 2022, a Sineva intercontinental ballistic missile is test-fired as part of Russia's nuclear drills by a Russian nuclear submarine from the Barents Sea.
AP / Russian Defense Ministry Press Service
British nurses treating Rohingya children suffering from diphtheria in Bangladesh
Creative Commons / Russell Watkins/Department for International Development