Bought 2 tankers, broke Iran sanctions, gets prison term
A complex scheme to evade U.S. Iran sanctions has not turned out too well for onetime tanker owner Behrouz Mokhtari, 72, of McLean, Va. This week, he was sentenced to 41 months
Search Results for: tankers
Tankers International pool names Grey CEO
Charlie Grey has become CEO of VLCC tanker pool operator Tankers International, moving up from COO and succeeding Jonathan Lee who is now chairman of the board of directors. Matt Smith will
Three OSG products tankers get Tanker Security Program contracts
Tampa, Fla., headquartered Overseas Shipholding Group (NYSE: OSG) has been awarded operating agreements under the Tanker Security Program (TSP), administered by the Maritime Administration. The three are OSG’s medium range tankers Overseas
OSG extends charters of 6 Jones Act tankers
Overseas Shipholding Group, Inc. (NYSE: OSG) has exercised options to extend its bareboat charter agreements with Oslo-listed AMSC ASA for six Jones Act tankers. The six bareboat charter extensions provide for additional
Keystone Shipping charters in two Jones Act tankers
Oslo-listed American Shipping Company ASA (AMSC), reports that it has entered into bareboat charter agreements with Philadelphia headquartered Keystone Shipping for two of its Jones Act tanker vessels, commencing in December 2022.
Eastern Pacific to retrofit two tankers with carbon capture solution
In another sign that innovative approaches to decarbonization are starting to get the attention of serious players, Idan Ofer’s Singapore-based Eastern Pacific Shipping (EPS) has signed a definitive agreement with Rotterdam-based Value
Scrapping: Tankers dominated 2021 demo numbers
Online valuation and market intelligence provider VesselsValue says that 2021 saw significant trends and changes in the shipping industry that combined to result in a diverse demolition market. Last year saw 704
Wärtsilä to power 7 arctic shuttle tankers
Wärtsilä is to supply the main and auxiliary engines for a series of seven new arctic shuttle tanker vessels being built at the Samsung Heavy Industries (SHI) yard in South Korea. The
Pyxis Tankers sheds two vessels
Maroussi, Greece, headquartered Pyxis Tankers Inc. (NASDAQ: PXS) 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
Odfjell Chemical Tankers files suit against ACBL
In a lawsuit filed October 22 in the U.S. District Court for Eastern Louisiana, Odfjell Chemical Tankers is seeking damages from American Commercial Barge Lines (ACBL) following a March 16, 2021, incident