Finnish refiner Neste has signed an agreement to time charter in two low-emission 15,000 dwt products tankers with foldable suction sails and methanol dual fuel engines. Designed by Kongsberg, the vessels were
Algoma Tankers Limited (ATL), an operating unit of St. Catharines, Ontario, headquartered Algoma Central Corporation (TSX: ALC) has purchased of a 2010-built product tanker that will become the eighth ship in Algoma’s
DECEMBER 28, 2015 —Gothenburg, Sweden, headquartered Concordia Maritime has signed a contract with an undisclosed Chinese shipping company to charter out one of its ten 65,000 dwt P-MAX products tankers The contract
FEBRUARY 4, 2015 — A hull air lubrication system that can be retrofitted to existing ships as well as installed on newbuilds is reported to have produced verified fuel savings of up
APRIL 24, 2004 — Three crew members are missing following the theft of 2,500 tonnes of marine diesel oil from the 4,999 dwt products tanker Naniwa Maru No.1 near Port Klang, Malaysia.
Products tanker operator Omega Navigation Enterprises Inc. (NASDAQ:ONAV) says that it and certain of its subsidiaries have filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code with the U.S. Bankruptcy