Omega Delivers Two Product Tankers

Thursday, July 06, 2006
Omega Navigation Enterprises Inc. on July 6 took delivery of two product tankers, which will be renamed Omega Princess and Omega Lady Sarah. Omega said so far it has taken delivery of five double hull product tankers and has agreements to acquire one additional double hull product tanker with expected delivery by the end of July 2006. Omega Navigation will receive 100 percent of the Omega Lady Sarah daily time charter earnings between $24,000 and $25,500 per day, and time charter earnings in excess of $25,500 will be divided equally between Omega Navigation and Glencore International AG. The company has granted D/S Norden an option to extend the charter of the Omega Princess for an additional period of 12 months at a minimum daily time charter hire rate of $24,000. (Source: http://www.tradingmarkets.com)
Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Tanker Trends

Weak Oil Threatens US Export of LNG

Plunging global oil prices may turn hopes for cheap liquefied natural gas supplies from the United States into a costly disappointment for Asian buyers who have

Singapore’s MPA Discuss LNG Bunkering

The Maritime and Port Authority of Singapore (MPA), Antwerp Port Authority, Port of Rotterdam and Port of Zeebrugge participated in a Liquefied Natural Gas (LNG)

New Standard for LNG Cargo Containment Systems

Wilhelmsen Technical Solutions (WTS) said it has successfully completing the gas trial for the first LNG carrier built to a Boil Off Rate (BOR) of 0.08% per day.

Navy

WWII Wrecks Found off North Carolina

German U-boat 576 and freighter Bluefields found within 240 yards A team of researchers led by NOAA’s Office of National Marine Sanctuaries have discovered two

US & ROK Navies to Participate in Exercise Clear Horizon

The U.S. and Republic of Korea (ROK) navies will participate in Exercise Clear Horizon, October 20-24, in waters south of the Korean peninsula. Clear Horizon

Mount Whitney Departs Batumi, Georgia

The U.S. 6th Fleet command and control ship USS Mount Whitney (LCC 20) departed Batumi, Georgia, Oct. 18 after completing a successful port visit. While in Batumi,

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Offshore Oil Pipelines Port Authority Salvage Ship Electronics Sonar
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: 0.1833 sec (5 req/sec)