Wednesday, August 22, 2018
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Tanker and LNG

All the latest news and analysis of the Tanker and LNG Sector

Tanker Owners Benefit from China’s Oil Imports

China has overtaken America as the world leader in crude oil imports. In the first half of 2017, it averaged 8.55 million b/d of...

Sigma Tankers Fleet Crosses 50-Ship Mark

With a latest increment to its existing fleet, Heidmar Inc's subsidiary, Sigma Tankers, has surpassed the 50-ship mark in its pool. The company recently...

Ardmore to Acquire 47,500 dwt Japanese-Built Product Tanker

Bermuda-based Ardmore Shipping Corporation has proposed an acquisition of a 47,500 dwt 2008 Japanese-built product tanker. The acquisition is subject to completion of financing...

Liza Project’s 1st VLCC Arrives at Keppel Shipyard

The tanker destined for ExxonMobil's ‘Liza Phase 1’ project, offshore Guyana, has arrived at Keppel's shipyard in Singapore, SBM Offshore announced on Tuesday (November...

Q-LNG Orders USA’s First Wärtsilä Equipped LNG Fuelling Barge

The technology group Wärtsilä has been selected to provide a broad scope of products and solutions for a new articulated tug barge (ATB). The...

Soaring Prices & Tight Supply, Drive LNG Tanker Speeds to 3-Year High

Average LNG tanker speeds have raced to the highest since February 2015 and voyage length has shortened dramatically as sellers seek to capitalise on...

Navig8’s Alpha8 Pool Boosted by Addition of Polaris Tanker Duo

Navig8’s Alpha8 Pool has added two 2018-built Aframax tankers. The vessels, namely, Polar Ace and Polar Bright are 129,918 cbm and scheduled for delivery in February and...

Crowley Loads 1st LNG into ISO Tank Container at Eagle LNG Partners’ New Plant

Crowley Maritime Corporation’s LNG group has successfully executed the first loading of nearly 11,000 gallons of liquefied natural gas (LNG) into an ISO tank...

AET Secures DP2 Shuttle Tankers with Petrobras

AET, one of the world’s leading petroleum tanker owners and operators announced extension of partnership in the DP2 shuttle tanker sector with Petróleo Brasileiro...

Nordic American Tankers Consolidates Solid Financial Position

Earlier this year, the Nordic American Tankers (NAT) revealed that it had sold five vessels of 20 years or more, reducing the average age...