Iranian Navy footage has appeared on YouTube showing yesterday’s seizure of the Marshall Islands flagged tanker Advantage Sweet while transiting international waters in the Gulf of Oman. While Iranian state-controlled media outlets
The ten 300,000 dwt VLCCs being ordered by three shipowners for long term charter to Shell will have MAN B&W 7G80ME-GI Mk9.5 dual-fuel engines. The ships are being built at Daewoo Shipuilding
Shell today signed agreements to charter 10 new crude tankers powered by dual-fuel liquefied natural gas (LNG) engines. Four of the very large crude carriers (VLCCs) have been chartered from Switzerland based
New York, N.Y., headquartered CIT Group Inc. (NYSE: CIT) reports that its Maritime Finance business led the arrangement of $56 million in financing toward the acquisition of two large commercial shipping tankers,
DECEMBER 21, 2018 — Turkey’s Advantage Tankers and sister company Advantage Products are to install Alfa Laval PureBallast 3 ballast water treatment systems fleetwide, The recently signed fleet agreement covers a range
