Motia Continues Product Tanker Expansion

Wednesday, November 16, 2005
Motia Compagnia di Navigazione has continued its expansion of modern product carrier tonnage with the delivery of the 29,000 dwt Elisa from STX Shipbuilding, Korea. The third of a series of four sister ships from the same yard building for Motia, the Elisa is an IMO II Product/Chemical Carrier and it will enter employment in the Handytankers Pool. Antonio Zacchello, managing director of Motia Compagnia di Navigazione, says, "This vessel is part of our continued expansion into ultra-modern and very high quality product carriers. It is a versatile, economic and environmentally friendly vessel and the sister ships we already employ are providing good service to demanding charterers in the current strong market for product tankers. We are especially proud to be among the handful of tanker owners worldwide who have opted for the voluntary Green Star notation, which demonstrates our commitment to going beyond compliance when it comes to keeping our air and seas clean." Built to dual RINA/ABS class, the Elisa will fly the Italian flag and will carry Italian crew. Class notations are: C+, Oil / Chemical Tanker, ESP, STAR HULL NB, +AUT-CCS, VCS, Green Star (Clean Air & Clean Sea).
Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Tanker Trends

W.Africa Crude Slow to Trade; Nigerian Glut Fading

Angolan cargoes for October loading are so far finding buyers slowly, traders said on Friday, while there were further signs that an overhang of September-loading Nigerian cargoes is being absorbed.

WTO Rules Against Argentina Licensing Rules in Row with US, EU, Japan

A World Trade Organization (WTO) dispute panel ruled against Argentina on Friday in a 2012 case brought by the United States, European Union, and Japan against

Odfjell 2Q Results In Line with Expectations

Chemical Tankers had an EBITDA of $24 million, compared with $17 million in the first quarter. Improved utilization with only minor interruptions of trade. Time-charter results were up by 10%.

 
 
Maritime Security Maritime Standards Navigation Offshore Oil Pod Propulsion Port Authority Salvage Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0858 sec (12 req/sec)