U.K. puts new sanctions on Russia’s shadow fleet
As Russian attacks on Ukrainian civilian targets continue, the U.K. has unveiled a major new sanctions package aimed at choking off Russia’s war effort on multiple fronts. It says the new sanctions
tankers
Global shipbuilding order book hits a 17-year high
“By the end of the first quarter of 2026, the global shipbuilding order book hit a 17-year high, reaching 191 million compensated gross tonnes (CGT). This is equivalent to 17% of the
Kongsberg Maritime to design and equip new Transpetro tanker sextet
Kongsberg Maritime has been contracted to design and equip four 15,600 dwt methanol/ethanol-ready handy size product tankers for Petrobras subsidiary Transpetro. The contract with Kongsberg Maritime has been placed by the shipbuilder:
STAX Engineering wins five-year tanker emissions capture contract
From January 2025, California Air Resources Board (CARB) at-berth emissions regulations will apply to tankers calling at the Port of Los Angeles and the Port of Long Beach. That has brought Long
OCIMF’s SIRE 2.0 will “go-live” on September 2
The Oil Companies International Marine Forum (OCIMF) has confirmed that its digitalized Ship Inspection Report Program (SIRE 2.0) is scheduled to “go-live” on Monday September 2, 2024 and become the standard tanker
OSG set to be acquired by Saltchuk
Shares in NYSE-listed U.S.-flag tanker and ATB operator Overseas Shipholding Group Inc. (OSG) were trading up this morning on news that it has entered into a definitive merger agreement that will see
BIMCO: Crude tanker newbuild contracting jumps 490%
We’re supposed to be weaning ourselves off oil, right? So why has tanker newbuild contracting been soaring? BIMCO shipping analyst Filipe Gouveia has some answers. “In the first two months of 2024,
Stena Bulk to charter in eco MR tanker newbuild quartet
Gothenburg headquartered Stena Bulk has reached five-year agreements that will see it charter in four newbuild eco MR tankers set to be delivered in 2025 and 2026 Two of the medium range,
All four OSG Alaska class tankers to get engine upgrades
Tampa, Fla., headquartered Overseas Shipholding Group Inc. (NYSE:OSG) has signed a contract with MAN Energy Solutions SE that will see all four of the nearly 20-year old OSG Alaska class tankers get
Is the battle for Euronav nearing an end?
The Saverys family and John Fredriksen look to be nearing a resolution to their long running battle for control of the world’s largest NYSE-listed oil tanker operator, Euronav NV (NYSE: EURN). Both