Polish shipyard to convert Jones Act product tanker

(May 01 2014)

OSG Ship Management (OSG), has passed the first hurdle with the USCG National Vessel Documentation Center’s (NVDC) determination, in its plan to convert the Jones Act Veteran Class MT-46 product tanker Overseas Tampa, at a Polish shipyard, writes Bri...

Navig8 newbuilding spree continues

(Mar 31 2014)

Navig8 Chemical Tankers has signed newbuilding contracts for the construction of two 25,000 dwt IMO II type eco-design stainless steel chemical tankers with Fukuoka Shipbuilding.

GulfNav hit by second award made against it

(Mar 21 2014)

A second London-based arbitration had gone against Gulf Navigation (GulfNav).

New US chemical tanker concern formed

(Mar 21 2014)

US-based Principal Maritime Management, a shipping company owned by affiliates of Apollo Global Management, has formed a new company to operate in the stainless steel chemical shipping sector.

Diamond S IPO pulled

(Mar 14 2014)

US-based investor Wilbur Ross has confirmed to Bloomberg that the initial public offering (IPO) for tanker concern Diamond S Shipping Group will not go ahead due to the suggested price being too low.

Scorpio to sell VLCC newbuildings

(Mar 14 2014)

Scorpio Tankers is to sell its seven VLCCs under construction for cash and record a gain of about $50 mill.

CPC orders Handies- Ridgebury buys Suezmaxes

(Mar 14 2014)

In a rather lacklustre period, Taiwan-based shipbuilder, CSBC Corp, reportedly received an order to build two product tankers for CPC Corp.

FSO conversion package contract award

(Mar 14 2014)

Robert Allan has won a contract from Teekay Shipping to provide the contract engineering package for the conversion of the 78,228 dwt shuttle tanker ‘Navion Clipper’ into an FSO.

Navig8 goes for LR1s

(Mar 07 2014)

STX Offshore has confirmed that Navig8 has ordered eight firm, plus four optional LR1s.

Second MCV delivered

(Mar 07 2014)

Drydocks World has redelivered the 'Eagle Louisiana', the second of two converted Aframaxes into modular capture vessels (MCV) for US operations.

VLCC orders continue

(Feb 28 2014)

Newbuilding VLCCs were again making the news this week.

ClassNK updates rules

(Feb 28 2014)

ClassNK has released an updated edition of its ‘Rules and Guidance for the Survey and Construction of Steel Ships’.

World’s GDP set to rise – higher tanker demand

(Jan 01 2014)

During 2013, it was the turn of the developed economies to show growth, while developing and emerging economies suffered slower growth.

VLCCs - just a blip, or something more fundamental?

(Nov 30 2013)

We make no apology for focusing on VLCCs for the first few pages of this issue, as the extent of the market rise in this sector has surprised most of us.

BV's voluntary emissions reduction notation

(Aug 31 2013)

Tanker owners want to save fuel, but also importantly they want to be able to show to oil major charterers that they have taken action to reduce emissions and their overall environmental footprint.

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