TANKEROperator news

Running out of time on London’s Albert Embankment?
(Mar 12 2010)
- Could MEPC 60 be the make or break of the IMO in the eyes of the UN and EU? >>more

TMSA what next?
(Mar 12 2010)
- Hudson Systems' Ian Hunter thought that the next phase of TMSA could include the raising of the bar of Level 1/marginal Level 2. >>more

Piracy update - Chemical tanker hijacked
(Mar 12 2010)
- A small chemical tanker was believed taken to a Somali pirate strongheld last weekend. >>more

Stena Bulk increases Suezmax order
(Mar 12 2010)
- Stena Bulk has ordered another four Suezmaxes at Samsung. >>more

Another four for Hansson?
(Mar 12 2010)
- Suezmax operator Herbjorn Hansson said this week that Nordic American Tankers (NATS) had the resources to purchase another four vessels. >>more

Tankers let Norden down
(Mar 12 2010)
- Danish drybulk and tanker owner Norden’s earnings growth in the fourth quarter 2009 was generated by the drycargo division, the company said. >>more

TORM bearish for 2010
(Mar 12 2010)
- TORM claimed that its 2009 result was in line with break-even expectations. >>more

TOP Ships suffers - in breach of covenants
(Mar 12 2010)
- TOP Ships has reported a net loss of $35.9 mill or $1.20 per share in 4Q09 and a net loss of $50.2 mill for the whole year. >>more

Odfjell sells another ship for recycling
(Mar 12 2010)
- Odfjell has agreed to sell a fourth parcel tanker for recycling. >>more

Seafarers' deaths mystery
(Mar 12 2010)
- French police are investigating the deaths of three seafarers on board the Greek products tanker ‘Arionas’. >>more

OSG promotes Edelson
(Mar 12 2010)
- James Edelson has been promoted to senior vice president of Overseas Shipholding Group. >>more

Tanker escort programmes
(Mar 12 2010)
- During February, the Pacific Maritime Institute (PMI) hosted its third of several scheduled two and a half day tanker escort training programmes. >>more

Marshall Islands appoints GL as an MLC RO
(Mar 12 2010)
- The Marshall Islands has authorised Germanischer Lloyd (GL) to act as a Recognised Organisation (RO) to carry out inspections and issue certificates under the Maritime Labour Convention, 2006 (MLC 2006). >>more

Liberian Registry breaks 100 mill gt barrier
(Mar 12 2010)
- The Liberian Registry has passed the milestone figure of 100 mill gt on 4th March with the christening and delivery of a 51,000 dwt bulk carrier. >>more

Singapore navy issues terror alert
(Mar 5 2010)
- Tankers transiting the Malacca Strait may be in danger of terrorist attacks, according to reports emanating from Singapore. >>more

Another executive to quit TORM
(Mar 5 2010)
- Mikael Skov is to step down as CEO of TORM next week. >>more

Blue turns to red
(Mar 5 2010)
- The AP Møller-Maersk group reported a negative $1 bill for 2009, compared with a positive $3.5 bill the previous year, across all of its diverse activities. >>more

Growing fixed-rate business the key to Teekay's future
(Mar 5 2010)
- Spot market reductions helped tanker giant Teekay weather the storm last year. >>more

TCE revenues drag OSG down
(Mar 5 2010)
- Overseas Shipholding Group (OSG) reported 2009 fiscal year earnings of $70.2 mill, or $2.61 per diluted share, compared with $317.7 mill, or $10.65 per diluted share, the previous year. >>more

Crude Carriers attempts IPO
(Mar 5 2010)
- Crude Carriers has filed an IPO registration, which if successful would see the company list on the New York Stock Exchange (NYSE). >>more

Chevron to terminate ITCL charter
(Mar 5 2010)
- Independent Tankers Corporation (ITCL) said that Chevron Transport Corporation had given nine months non-binding notice of termination for the bareboat charter for the VLCC ‘Antares Voyager’. >>more

MOL wins long term LNGC contracts
(Mar 5 2010)
- Mitsui OSK (MOL) has been awarded two long-term charters by an ExxonMobil affiliate and its co-venture partners in the Papua New Guinea (PNG) LNG project. >>more

Norilsk orders Arctic tanker
(Mar 5 2010)
- Russian mining concern Norilsk Nickel has signed a contract with Nordic Yards Holding to build an Arctic-class tanker - Arc7. >>more

Eighth P-MAX delivered
(Mar 5 2010)
- Last week, Concordia Maritime took delivery of the product tanker ‘Stena Polaris’ from Brodosplit Shipyard in Croatia. >>more

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