Crude oil tanker demolishing hits 39-month high

(Oct 14 2021)

Has the lid finally come off for crude oil tanker demolition in 2021? Judging by the 1.9 million DWT of capacity that was removed in September, the answer is “yes”, says shipping organization BIMCO.



Tanker “Khoshbakht Yusifzade” launched on the Day of Oil Workers

(Sep 23 2021)

A new stage has begun in the construction of the “Academician Khoshbakht Yusifzade” oil tanker, which is being built at the Baku Shipyard LLC by order of the Azerbaijan Caspian Shipping CJSC (ASCO).



Bureau Veritas issues novel design approval for what will be the world’s largest VLGCS

(Sep 23 2021)

A new ‘Panda’ design is conceived at Jiangnan as the shipyard and BV cooperate on an enhanced and revolutionary design for 93,000 CBM Very Large Gas Carriers (VLGCS).



ABS and DSME to develop very large liquefied CO2 carrier

(Sep 21 2021)

ABS and Daewoo Shipbuilding & Marine Engineering Co. Ltd. (DSME) are to jointly develop designs for a 70,000 CBM very large, liquefied CO2 (LCO2) carrier.



Sovcomflot, NOVATEK and FESRC sign agreement to develop ship repair cluster in Russia’s Far East

(Sep 02 2021)

On 1 September 2021, PAO Sovcomflot, SMART LNG (a joint venture between PAO Sovcomflot and PAO NOVATEK) and Far Eastern Shipbuilding and Ship Repair Center (FESRC, a subsidiary of Rosneft) entered into a trilateral agreement to cooperate on the devel...



China’s first 15,000 DWT shuttle oil tanker delivered to CNOOC

(Jul 16 2021)

First domestic made 15,000-ton shuttle oil tanker was delivered to China National Offshore Oil Corporation (CNOOC) in Nantong, east China's Jiangsu Province, CNOOC announced.



Poten's Weekly Opinion: Demolition Derby

(May 13 2021)

Will scrapping hold the key to the tanker market recovery?



Shipowners delay scrapping VLCCs

(Mar 25 2021)

Very large crude carrier (VLCC) owners are holding off scrapping their older ships amid lingering demand for floating storage and the possibility of a tanker market rebound later this year.



ABS, Sembcorp Marine, 3D Metalforge and Polar Tankers in landmark additive manufacturing project

(Feb 18 2021)

ABS, Sembcorp Marine, 3D Metalforge and ConocoPhillips Polar Tankers Inc. (Polar) have successfully fabricated, tested, and installed functional additive manufactured parts on board the oil tanker Endeavor.



Aframax tanker for Sovcomflot laid down at Zvezda Shipyard

(Dec 10 2020)

A new Aframax tanker, to be named “Ocean Avenue”, under construction for Sovcomflot has been laid down at the Zvezda Shipbuilding Complex.



Largest VLEC ever constructed delivered on time and built to ABS Class

(Nov 19 2020)

First of 12 Vessels Ordered to Service Trade Between U.S. and China.



Hunter Group ASA - Hunter Frigg delivered

(Aug 27 2020)

Hunter Tankers AS (the "Company"), a wholly owned subsidiary of Hunter Group ASA, is pleased to announce that the delivery process of "Hunter Frigg" (NB No. 5470) was successfully completed.



Iraq agrees oil tanker deal with Norway's Batservice Mandal

(Aug 20 2020)

Iraq has reached an agreement with Norwegian shipbuilder Batservice Mandal over the construction of two oil tankers, Oil Minister Ihsan Abdul Jabbar said on Tuesday.



Widow of Bangladeshi ship-breaking worker free to sue UK-based firm

(Jul 16 2020)

A Bangladeshi woman whose husband died while dismantling an oil tanker at a ship-breaking yard in 2018 can file a negligence claim against a British company involved in the vessel’s sale.



A safe path to recycling compliance: DNV GL’s new guidance works to support shipowner decisions

(Jun 11 2020)

DNV GL, the world’s leading classification society, has launched a new guidance on recycling to help shipowners navigate a regulatory environment that is becoming increasingly complex.




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Aug-Sept 2021

Sea Cargo Charter - ship recycling - CO2 from tank cleaning - fixing damaged propeller blades