Pertamina to Procure 32 Oil Tankers

Monday, December 12, 2005
PT Pertamina will procure 32 oil tankers totaling more than 800,000 dwt for domestic oil shipments, according to a report on Antara News. The company`s president was quoted in the report as saying that the company’s oil transportation fleet is aging and needs refurbishment, and that the company would procure the tankers under the bare boat hire purchase scheme, with the intent to own them after about 10 years. Though competition to provide the tonnage would be strong, it was indicated that Pertamina would prioritize locally built vessels. The tankers are expected to be ready starting from 2008 to 2012, and will include two 500 dwt LPG tankers, four 3,500 dwt, three 6,500 dwt tankers, ten 17,500 DWT, ten 30,000 dwt tankers and three Aframax with a capacity above 100,000 dwt. (Source: Antara News)
Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Tanker Trends

NORDEN CEO: Bulk Market Challenges to Continue

Klaus Nyborg, interim CEO at Denmark-based dry bulk and product tanker shipping company Dampskibsselskabet NORDEN A/S, expects difficult dry cargo market conditions

Helios LPG Pool to Start Operating

Dorian LPG Ltd. today announced the commencement of operations of Helios LPG Pool LLC on April 1st, 2015.  Helios LPG is jointly run by Dorian LPG and Phoenix Tankers Pte.

Stolt-Nielsen Completes Bond Issues

Stolt-Nielsen Limited announced the placement of senior unsecured bonds in a total amount of NOK 1,100 million in a new five-year bond issue carrying a coupon of 3M NIBOR plus 4.

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Ship Repair Ship Simulators 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: 0.0944 sec (11 req/sec)