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RINA's Logmarin Converts VLCC

Vale uses Logmarin to develop the world’s largest floating bulk terminal.   Genoa-based Logmarin Advisors, part of the RINA Group, has enabled Brazil’s

Teekay to Offer 15m Shares

Teekay Tankers Ltd. (NYSE:TNK) announced today that it plans to offer 15,000,000 shares of Class A common stock of the Company in a public offering. Teekay Tankers

The Changing Face of the VLCC Market

With so much discussion of the poor freight rates available to VLCC owners hiring their ships out for voyages from the Middle East to major consumers east and west,

Iran Sanction Proposal Targets Oil Companies, Tanker Fleet

A U.S. proposal to sanction Iran’s state-owned oil company and its main tanker fleet may ensnare any person or business in the world involved in purchasing or shipping Iranian oil,

Report: Daewoo Wins $560m VLCC Order

Daewoo Shipbuilding & Marine Engineering reportedly received a $560 million contract to build four very large crude carriers (VLCC) and one product carrier for Kuwait Oil Tanker Co (KOTC),

Sørensen New CEO of Maersk Tankers

Hanne B. Sørensen has been appointed new CEO of Maersk Tankers with effect from 13 February 2012.  Hanne B. Sørensen has until now held the position

MOL to Scrap 5 Double Hull Tankers

Mitsui O.S.K. Lines, Ltd. has decided to scrap five double-hull tankers (four VLCCs, one Suezmax) by the end of March 2012. Scrapping of two vessels is already completed,

MOL to Scrap 5 Double Hull Tankers

Aims at Rejuvenation of the Fleet, Higher-quality Services.   Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced a decision to scrap five double-hull tankers (four VLCCs,

Stolt-Nielsen Reports 4Q & FY11 Unaudited Results

Stolt-Nielsen Limited Reports Unaudited Results For the Fourth Quarter and Full Year of 2011. Stolt-Nielsen Limited has reported unaudited results for the

Tim Brennan To Leave Heidmar

2011 A Year of Growth for Pools.     After 19 years with the company, the board of Heidmar has, with regret, accepted the resignation of its CEO, Tim Brennan.

EMSA Vessel to Assists with Bunker Oil Removal

The EMSA-contracted Stand by Oil Spill Response Vessel Salina Bay arrived this weekend on site of the Costa Concordia to assist SMIT Salvage, who is in charge of

Report: Euronav Cancels Suezmax Contract

Euronav NV (EURN) canceled an order for a suezmax tanker to preserve cash following six quarters of unprofitable rates for its biggest vessels, according to a Bloomberg report.

China Terminal Joint Venture for Odfjell SE

Odfjell SE has made an agreement to enter into a joint venture via its subsidiary Odfjell Terminals Asia Pte Ltd (Singapore), with Tianjin Economic-Technology Development

HHI Names Two Newbuilding VLCC's

Hyundai Heavy Greets New Year with the Simultaneous Naming Ceremony of Two 318,000 DWT VLCC.   Hyundai Heavy Industries, the world’s biggest shipbuilder,

Lloyd's Register: Statutory Alert

Statutory alert: Design, testing and location of devices to prevent the passage of flame into cargo tanks in tankers. Applicabilty: Builders, owners and managers

Skou Appointed CEO of Maersk Line

Søren Skou has been appointed new CEO of Maersk Line with effect from 16 January 2012. Søren Skou was previously CEO of Maersk Tankers and replaces

Tanker Rates Remain in the Doldrums

Returns for VLCCs fell for a third consectutive day to the lowest level in a month, as the supply of vessels exceeded cargo demand, according to a recent Bloomberg report.

UK Club Checklist for Tanker Operators

A new publication from the UK P&I Club “How to prevent tanker cargo shortage claims” and subtitled “The cause of claims and how to avoid them during pre-loading,

INTERTANKO launches PhD Fellowship

INTERTANKO launches PhD Fellowship in Marine Pollution Law at World Maritime University. INTERTANKO is to fund a three-year PhD study into the emerging law and

China Yard Wins Order for 10 + 10 Tankers

 China Rongsheng Heavy Industries Group Holdings Ltd, the country's largest non-state-owned shipbuilder, reportedly received orders for 10 Suezmax tankers,

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