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Use Transporting Petroleum Products News

12 Jul 2021

Orkim Tankers Fit With Thordon's COMPAC System

(Photo: Thordon Bearings)

China’s Fujian Southeast Shipyard has delivered four in a series of five new product tankers ordered by Malaysia’s Orkim Sdn Bhd.The 9000dwt Orkim Sapphire and Orkim Pearl, and 14,500dwt Orkim Diamond and Orkim Emerald represent the first vessels in the ship operator’s fleet to be fitted with a COMPAC seawater lubricated shafting system from Thordon Bearings.Working with the shipowner’s representative, Shanghai-based CY Engineering, Thordon’s authorized distributor in China, supplied…

28 Aug 2019

Tanker Owner, Operator & Officers Guilty in ECA Crimes

File Image: AdobeStock / Š 14KT Gold

The owner and operator will pay a total criminal fine of $3,000,000.00.U.S. Attorney Gretchen Shappert for the District of the Virgin Islands announced that IONIAN SHIPPING & TRADING CORP., LILY SHIPPING LTD., STAMATIOS ALEKIDIS, ATHANASIOS PITTAS and REY ESPULGAR have been convicted and sentenced for various pollution, recordkeeping, and obstruction of justice crimes on the Motor Tanker (“M/T”) Ocean Princess in St. Croix, U.S.V.I. The defendants’ conduct included using fuel that exceeded the maximum allowable sulfur concentration in the U.S. Caribbean Emission Control Area (“U.S.

21 Jan 2019

Asahi MOL Tankers Established

Japanese shipping company Mitsui O.S.K. Lines (MOL) and the marine transportation services provider Asahi Tanker Co have launched a new MR product tankers pool with a fleet of about 25 ships.The new pool, named Asahi MOL Tankers and headquartered in Republic of the Marshall Islands, will also launch MR product tankers that will be assigned to the pool.MR stands for Medium Range and refers to product tankers in the 45,000-55,000 deadweight ton class. This ship type has great versatility in transporting petroleum products such as gasoline, naphtha, gas oil, and jet fuel, and is in high demand around the world."The pool will own a fleet of about 25 vessels and allocate them mainly to Asia and Oceania from the three centers of Tokyo, Singapore, and London.

04 Jan 2016

China Merges Shipping Firms in Reform Push

Chinese shipping subsidiaries will realign their businesses in response to the merger between China Ocean Shipping (Group), known as Cosco Group, and China Shipping Group, reports Nikkei. Sinotrans & CSC Holdings Co., the nation's third largest shipping company, will become a wholly-owned subsidiary of China Merchants Group (CMG). Earlier in December, China approved the merger of another two of its biggest state-owned shipping companies, China Ocean Shipping Group (Cosco) and China Shipping Group. China Cosco Holdings is selling its entire stake in a bulk shipping company to parent Cosco Group for 6.77 billion yuan ($1.04 billion). Meanwhile, Cosco Pacific will buy a port operator from China Shipping Container Lines for 7.63 billion yuan.

28 Mar 2012

U.S. Vessels Ready to Transport Fuel to Northeast: AMP

Washington, D.C. – With concerns that refinery closures in the Northeast may cause gas prices to increase further, the American Maritime Partnership (AMP) notified the Administration that American vessels have ample capacity to transport petroleum to the region from the Gulf of Mexico. AMP’s letter comes after a federal analysis omitted key data about the domestic shipping industry’s overall capacity. “Today, there is more than adequate American tank vessel capacity to address any additional refinery closures,” the AMP Board of Directors wrote in a letter to Energy Secretary Steven Chu, Homeland Security Secretary Janet Napolitano and Transportation Secretary Ray LaHood. The Northeastern United States faces possible changes in its petroleum markets because of potential refinery closures.

15 Mar 2012

AMP, AWO & Jones Act Operators Weigh In

A letter to the U.S. Energy Information Administration (U.S. Department of Energy) from American Maritime Partnership disputes EIA domestic tank vessel estimates. Ms. U.S. U.S. Washington, D.C. Dear Ms. Thank you for meeting with me, leaders of the American Waterways Operators, and senior representatives of four of the leading American tank vessel companies last week. We are gathering, and will soon forward to you, detailed information about the American tank barge fleet. As you know…

02 Sep 2010

Aker Philadelphia Shipyard Delivers 10th Product Tanker

Photo courtesy Aker Philadelphia Shipyard

Aker Philadelphia Shipyard (Oslo: AKPS), a U.S. commercial shipyard, delivered to American Shipping Company (Oslo: AMSC) its tenth Veteran Class MT-46 product tanker. The 46,000 dwt vessel, named the Overseas Anacortes, will leave the shipyard in the coming days under the operation of OSG America to transport petroleum products for Tesoro. This vessel is the fourth vessel planned to be utilized by Tesoro. The ship will leave Aker Philadelphia Shipyard and join its sister ships in transporting petroleum products on the West Coast.

14 Jul 2010

Aker Launches Tenth Product Tanker

Photo courtesy Aker Philadelphia Shipyard

On July 10, Aker Philadelphia Shipyard launched Ship 014, the tenth product tanker in a series of 12 to be completed in 2011. The 46,000 dwt vessel was floated off of its blocks and was transferred by tug from the Building Dock to the Outfitting Dock, where it will remain for the next few weeks as it undergoes continuous testing and commissioning in preparation for its upcoming sea trials. When completed, the 600 ft long vessel, to be named the Overseas Anacortes, will be sold to American Shipping Company and bareboat chartered to OSG America for use transporting petroleum products.

15 Mar 2010

Aker Philadelphia’s 9th Product Tanker

Photo courtesy Aker Philadelphia Shipyard

On March 10, Aker Philadelphia Shipyard (Oslo: AKPS) launched Ship 013, the ninth product tanker in a series of 12 to be completed by 2011. The 46,000 dwt vessel was floated off of its blocks and was transferred by tug from the Building Dock to the Outfitting Dock, where it will remain for the next few weeks as it undergoes continuous testing and commissioning in preparation for its upcoming sea trials. When completed, the 600-ft long vessel, to be named the Overseas Martinez…

12 Oct 2009

Aker Philadelphia Shipyard Honors the Phillies

Photo courtesy Aker Philadelphia Shipyard

Two great teams - the 1,200-strong shipyard work force and the World Champion Philadelphia Phillies - were honored today at the keel-laying for the tenth tanker in the current build program at Aker Philadelphia Shipyard (Oslo: AKPS). APSI officials decided to recognize the Phillies along with its talented workforce because both teams symbolize a dedication to precision and exemplary teamwork. Following ancient ship-building tradition, commemorative, good-luck coins representing…

26 Nov 2007

Aker Philadelphia Delivers Third Product Tanker

The third product tanker built by Aker Philadelphia Shipyard was delivered today, marking the first time in the yard’s history that three vessels were delivered in the same year. Following very successful sea trials and final testing and commissioning, the ship joins two sister vessels in American Shipping Corporation‘s growing fleet of double-hull product tankers operating for charter in the US Jones Act Market. As were its two predecessors, the 600-foot long MT46 Veteran Class tanker is chartered to a subsidiary of Overseas Shipholding Group, Inc. (OSG). A Naming Ceremony was held at the yard. Mrs. Sandra Ridgway conferred the name Overseas Los Angeles upon the ship while blessing the vessel and those which will sail upon her.

24 Jan 2001

Maritrans' Double Hull Process Receives Patent

Maritrans Operating Partners L.P., a subsidiary of Maritrans Inc., has obtained a patent on its proprietary process for rebuilding single hull tank vessels with internal double hulls. Together with M. Daniel Jones of the Houston-based naval architecture firm Schuller & Allan, Maritrans developed an innovative double-hull manufacturing process to rebuild single-hulled tank vessels with the double hulls required by the federal Oil Pollution Act of 1990. The unique process utilizes computer-assisted design for fabricating modular internal hull sections. In 1998, Maritrans used the process to complete the rebuilding of the 10,549 gross-ton tank barge Maritrans 192 (formerly Ocean 192), which marked the first large single hull tank vessel to be rebuilt with a double hull to meet OPA's mandate.

27 Aug 1999

Revisions to Oil Spill Regulations

The Maine Oil Spill Advisory Committee held a hearing to review proposed revisions to the state's regulations related to oil terminals and vessels transporting petroleum products. The proposed revisions contain several references to vessels transporting petroleum products on the state waterways. AWO's major objection to the Maine regulations relates to a proposed requirement that vessels stay 12 miles offshore, except when approaching Maine's ports. This requirement has been modified to read, "it is the express desire of the state for all vessels to remain 12 miles offshore, except when prudent navigation dictates otherwise."