Hafnia in advanced negotiations acquiring 12 modern LR1 tankers

(Feb 03 2022)

In response to market rumours, Hafnia Limited ("Hafnia", the "Company", OSE ticker code: "HAFNI") can confirm that the Company is in advanced negotiations with Scorpio Tankers Inc regarding the acquisition by Hafnia of 12 modern LR1 tankers, against ...



Sale of P-MAX vessel, in line with bank agreement

(Jan 20 2022)

Concordia Maritime has entered into a contract for the sale of the P-MAX vessel Stena Perros (65,000 dwt, built in 2007).



High efficiency Wärtsilä power solutions to drive seven new Arctic Shuttle Tankers

(Jan 20 2022)

The technology group Wärtsilä will supply the main and harbour engines for a series of seven new Arctic Shuttle Tanker vessels being built at the Samsung Heavy Industries (SHI) yard in South Korea.



The Prax Group announces the purchase of a new tanker – Fortuna I

(Jan 20 2022)

Harvest Energy Marine, a member of the Prax Group of companies, has announced the purchase of a new tanker, Fortuna I.



Svanehøj hits record order intake in 2021

(Jan 14 2022)

Demand for LNG-fuelled newbuilds is growing across the shipping industry.



OCIMF and PIANC sign a memorandum of understanding

(Jan 14 2022)

The World Association for Waterborne Transport Infrastructure (PIANC) and the Oil Companies International Marine Forum (OCIMF) have signed a memorandum of understanding (MoU) to formalise their long-standing working relationship.



Wood and FutureOn collaborate to provide an integrated technical and digital service to operators

(Jan 14 2022)

FutureOn, the global software company specialising in the energy sector and creator of the award-winning, SaaS field design applications, FieldTwin Design and its API-centric collaboration platform, FieldTwin, has formed a strategic collaboration wit...



AET takes delivery of first of three DP2 shuttle tankers series for Shell charter

(Jan 14 2022)

AET, a leading owner and operator of maritime transportation assets and specialised services, took delivery of Eagle Campos, the first of another three Suezmax Dynamic Positioning (DP2) Shuttle Tankers purpose built for long-term charter to Brazil Sh...



Pyxis Tankers announces sale of two small tankers

(Jan 14 2022)

Pyxis Tankers Inc. (the “Company”), an international pure play product tanker company, announced that it has agreed to sell the Northsea Alpha and Northsea Beta, two 2010 built 8,600 dwt product tankers for an aggregate sale price of $8.9 million.



3 major Japanese Tanker operators invest in Groke Technologies

(Dec 02 2021)

Groke Technologies has raised funds from 3 major Japanese Tanker operators – Uyeno Transtech, Tsurumi Sunmarine and Asahi Tanker.



Nordic American Tankers Ltd – Third quarter 2021

(Nov 25 2021)

Third quarter touched the bottom. The tide has now turned.



FRO – Sale of four LR2 tankers

(Nov 25 2021)

Frontline Ltd. (the “Company” or “Frontline”) announced that it has entered into an agreement whereby the Company will sell four of its scrubber fitted LR2 tankers built in 2014 and 2015 for an aggregate sale price of $160.0 million to SFL Tanker Hol...



SCF concludes new international project financing for two shuttle tankers

(Nov 18 2021)

PAO Sovcomflot (SCF Group) has signed a new USD 110 million credit facility, for ten years, with three leading international banks: ING BANK N.V.; SMBC BANK EU AG and UNICREDIT BANK AG.



PAO Sovcomflot (SCF Group) Q3/9M results announcement

(Nov 18 2021)

SCF grows its fixed income industrial business further. The conventional tanker market shows signs of an upturn.



Pyxis Tankers financial results for three and nine months ended September 30, 2021

(Nov 18 2021)

Pyxis Tankers Inc. (the “Company” or “Pyxis Tankers”), an international pure play product tanker company, announced its unaudited results for the three and nine month periods ended September 30, 2021.




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June July 2022

SIRE 2.0 - OCIMF and Columbia Ship Management perspective; seafarer mental health; EU ETS costs; 33 years after Exxon Valdez; resolving BWTS problems