Tankers

An Athens court on 4 December passed down a 10-year prison sentence to Greek shipowner Victor Restis after finding him guilty of making a false statement, but he was released…
Spain’s energy firm Repsol announced that it has completed its largest LNG bunkering operation using 11 LNG trucks at the port of Cartagena.
VLCC owner DHT Holdings say its scrubber fitted vessels will be configured in such a way where it can burn 0.5% or less sulphur fuel where exhaust gas cleaning units…
Bio-fuels produced by GoodFuels, which are claimed to be largely carbon neutral, have been trialled on Norden product tanker.
In a $1.65bn deal Capital Product Partners LP and Diamond S Shipping are merging in a major consolidation in the product tanker space. The latest deal creates a platform for…
As ballast water management regulations shift towards enforcement shipowners are finding that the majority of ballast water treatment systems (BWTS) installed do not function properly.
China Oilfield Services Limited (COSL) has announced that the company is to sell two tankers and related business to Northsea Shipping for a price of RMB84.8m ($12.2m).
With US oil exports surging there is unprecedented investment in oil processing facilities is underway, and discussions regarding new terminals along the Texas Gulf that could include VLCCs.
The small-scale LNG market is seen as growing market with a lot of potential but also currently stuck in a somewhat chicken and egg scenario.
MISC has inked five-year time charters with LNG Shipping for two LNG carriers it has acquired from the Eni subsidiary.
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