Tag: Tankers
Union Maritime to build world’s greenest and most efficient long-range tankers with WindWings®
Union Maritime Ltd, a leading tanker owner and operator, is making waves in maritime sustainability with its plan to build two new LR2 tankers with WindWings®. The two vessels, currently being built at the renowned Shanghai Waigaoqiao Shipbuilding (SWS) yard in China, will each feature three WindWings®, a cutting-edge wind propulsion technology developed by British…
WE Tech Solutions embarks on a green voyage with Polembros Shipping for three plus one 156500 dwt Suezmax Tankers
WE Tech Solutions has signed a contract with New Times Shipbuilding Co., Ltd, China for the delivery of shaft generator solutions for three plus one 156500 dwt Suezmax Tankers owned by the Greece shipowner Polembros Shipping Ltd. Polembros Shipping turned to WE Tech Solutions to receive a state-of-the-art solution that will address the concerns of…
Kongsberg Maritime to provide design, engineering and equipment on pair of methanol ready, chemical tankers for Sirius Rederi AB
Kongsberg Maritime has won a contract to supply design, engineering, and equipment for two MGO/Biofuel and methanol-ready chemical tankers for Swedish tanker operator Sirius Rederi AB. These highly advanced, low emission 15,000dwt tanker vessels will feature a range of Kongsberg Maritime equipment and can operate on battery-powered hybrid propulsion. Options for further vessels are included.…
Proman Stena Bulk holds naming ceremony for methanol tankers Stena Provident and Stena Progressive
Proman Stena Bulk, the joint venture between leading tanker company Stena Bulk and the leading methanol producer Proman, has today formally christened Stena Provident and Stena Progressive, the final two vessels in its initial six-strong methanol-fuelled tanker fleet. The two 49,900 DWT tankers were named at a ceremony held at Guangzhou Shipyard International Co Ltd…
Tankers: Positive News From Venezuela
The tanker market could be set for a boost in cargo demand as a result of the return of Venezuelan oil to the market. In its latest weekly report, shipbroker Gibson said that “earlier this week, the United States announced that it has temporarily lifted sanctions on Venezuela’s oil and gas sector through the issuance…
Alba Tankers choose Seaber to reduce emissions by optimizing chartering processes and maximizing fleet utilization
Seaber.io, the Finnish maritime technology company, has announced a cooperation with Alba Tankers, who commercially operate chemical and oil tankers in the area of North Europe-West Mediterranean. Headquartered in Denmark, their chartering and commercial team is based in Gothenburg, Sweden. With the help of Seaber’s solution Alba Tankers will optimize chartering and scheduling processes leading…
Tankers: Business as Usual? | Hellenic Shipping News Worldwide
After the latest events in Israel and Gaza, the tanker market has been largely unaffected. However, as the crisis looks to be escalating, so can its impact on shipping. In its latest weekly report, shipbroker Gibson said that last weekend, “the world woke up to the extremely disturbing news coming out of Israel, with the…
Tankers: The Effect on Dollar’s Strength Could Be a Bearish Sign
The tanker market could face headwinds from the dollar’s strength and the effect this can have on oil demand. In its latest weekly report, shipbroker Gibson said that “as the oil market contends with growing supply tightness until at least the end of 2023, macroeconomic headwinds are also at play. Central bank monetary policy is…
Product Tankers: Clean Product Exports from the Middle East and China on the Rise
The product tanker market hasn’t seen the benefits of increased Middle East clean product exports, rate-wise. In its latest weekly report, shipbroker Gibson said that “this year has seen a major increase in the Middle East clean product exports to Europe, with flows, mainly gasoil and jet, averaging at 0.82mbd for the year to date,…
Tankers: Diesel Trade Landscape Changed After Surge in Russian Diesel Imports
The diesel trade in ton-miles demand is a totally different “animal”, after Brazil has significantly increased Russian diesel imports. In its latest weekly report, shipbroker Intermodal said that “the diesel import landscape in Brazil has undergone a significant transformation with a surge in Russian diesel imports, impacting the energy and shipping sectors. Diesel prices in…
