EU NAVFOR confirms First Somali pirate attack in 2.5 years
NOVEMBER 4, 2016 — The first reported pirate attack on a merchant vessel off the coast of Somalia in two and a half years has been confirmed by EU Naval Force (Somalia.
tanker
Bomin Linde LNG inks LOI with Furetank Rederi
OCTOBER 25, 2016 — Hamburg, Germany, based Bomin Linde LNG has signed a letter of intent with Swedish shipping company Furetank Rederi on long-term cooperationon the supply of Liquefied Natural Gas (LNG)
Board approves plan to split OSG into two companies
OCTOBER 21, 2016 — Overseas Shipholding Group, Inc. (NYSE:OSG) says that its Board of Directors has approved the previously announced plan to separate its international and domestic businesses into two independent, publicly
ICS urges Canada not to impose BC tanker moratorium
OCTOBER 18, 2016 — When it took office Canada’s Trudeau administration said it would formalize a moratorium on crude oil tanker traffic on British Columbia’s North Coast. The recent grounding of the
Marshall Islands now world’s top flag for tanker owners
OCTOBER 10, 2016 — The Republic of the Marshall Islands (RMI) now has more tankers under its flag than any other registry, according to Reston, VA, headquartered International Registries, Inc,. which provides
Concordia in IMOIIMAX sale and leaseback deal
OCTOBER 4, 2016 — Concordia Maritime is selling the IMOIIMAX tanker Stena Image to a large Japanese financial institution. The transaction is a sale and leaseback agreement, and the vessel will be
GD NASSCO delivers fourth APT tanker in series
SEPTEMBER 28, 2016—Yesterday, General Dynamics NASSCO, San Diego, CA, delivered the 50,000 dwt Bay State, the fourth vessel in a series of five ECO Class product tankers under contract with American Petroleum
Tanker brokers count costs of failure to pass on claims
SEPTEMBER 27, 2016 — Professional indemnity insurer ITIC (International Transport Intermediaries Club) says the most common cause of claims against tanker brokers is delay in submitting — or failure to pass on
Guangzhou Shipbuilding delivers another tanker to Stena
SEPTEMBER 15, 2016—The 50,000 dwt Stena Immortal, the eighth in a series of 13 IMOIIMAX tankers, was recently delivered by China’s Guangzhou Shipbuilding International (GSI). The 183m x 32m tanker is jointly
Doorae Shipping fined again after further pollution offense
AUGUST 18, 2016 — South Korea’s Doorae Shipping has done it again. Back in April, the company was sentenced to pay a fine of $750,000 and a community service payment of $200,000