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Oil And Gas Tankers News

16 Dec 2021

Gupta joins BMT to Head of Casualty Investigation, Asia

BMT appointed Hittesh Gupta as Head of Casualty Investigation, Asia, a key position as BMT looks to expand its office presence for Marine Surveys in Singapore and strengthen its marine consulting services hub position in Asia.With more than 23-years of experience in the shipping industry, Gupta has a deep understanding of marine surveying having served on product and crude oil tankers and offshore oil & gas production units. He has worked extensively for underwriters and leading P&I Clubs undertaking casualty investigations across the full spectrum of vessels and provided assessments of their Cargo / Seaworthiness – Oil, Chemical, Gas tankers…

12 Nov 2021

Shooting the Messenger? Shipping Carries the Can as Investors Shun Coal

Coal Carrier - Credit:arikbintang/AdobeStock

Shipping companies that transport the world's coal are in the crosshairs of some financial backers who are cleaning up their businesses in the absence of a truly global drive by nations to renounce the dirtiest fossil fuel.In a sign of investors taking the initiative, six European firms collectively representing over 5% of the estimated annual $16 billion capital financing requirements of the dry bulk industry told Reuters they were either reducing their exposure to vessels that…

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…

03 May 2019

Ever Larger LNG Tankers Head for Panama Canal

Ever large merchant vessels, including this large containership, are now transiting the Panama Canal on a regular basis. Image: CH2M

A 'Q-Flex' LNG tanker, the world's second-largest class of liquefied natural gas carriers, is set to pass through the Panama Canal for the first time, the canal's CEO said, expanding the Americas to Asia trade route for the fast-growing commodity.The 'Al Safliyah', which can carry about 210,000 cubic metres of LNG, is on its way to Panama from the North Pacific after discharging a cargo from Qatar into Korea Gas Corp's (KOGAS) Tongyeong terminal on April 21, shipping data in Refinitiv Eikon showed."This is the first Q-Flex to transit the Panama Canal…

25 Apr 2019

HullWiper in Hull Cleaning Pact with Equinor

Vessel hull cleaning specialist HullWiper has signed a hull cleaning frame agreement with Equinor ASA for its fleet of oil and gas tankers operating in Scandinavia, Far East, Middle East and Europe.HullWiper is a global service provider of cost-efficient, safe and eco-friendly hull cleaning solutions which boost vessel efficiency and fuel savings to reduce CO2 emissions, whilst protecting vessel hull coatings and the delicate marine ecosystem.Its Remotely Operated Vehicle (ROV) system uses adjustable seawater jets under variable pressure to remove fouling, instead of brushes or abrasives, minimising the risk of damage to expensive anti-fouling coatings.No divers are used…

08 Dec 2017

Hopkins Named Managing Director at Harris Pye UK

Nigel Hopkins (Photo: Harris Pye)

Nigel Hopkins has been appointed Managing Director of Harris Pye UK Ltd based at the company’s headquarters in Llandow in Wales. He joined Harris Pye on May 1 this year working alongside Dave Hayden, the company’s retiring Managing Director at the Harris Pye UK headquarters in Llandow, South Wales before officially taking over from Dave Hayden on October  1, 2017. Nigel Hopkins started his engineering career in the merchant navy spending 13 years sailing on a variety of vessels including oil tankers…

24 Oct 2017

Vopak Launches Concurrent Bunkering Services in Singapore

Vopak, the world's largest independent storage tank operator, has launched a new service that allows tankers docking at its Singapore Sebarok oil terminal to refuel while simultaneously loading or discharging cargoes. "The new concurrent bunkering service is in line with Maritime and Port Authority of Singapore's directive to improve port efficiency," Vopak said in a statement on Tuesday. The service eliminates the time needed to move tankers calling at the Sebarok terminal to designated anchorages in Singapore's congested waters for refuelling, also known as bunkering. Prior to this, tanker vessels were required to sail to the anchorage to receive their bunkers, the Dutch oil and chemicals storage company said.

29 Jun 2017

Global Shipping Feels Fallout from Maersk Cyber Attack

Photo: A.P. Moller - Maersk

Global shipping is still feeling the effects of a cyber attack that hit A.P. Moller-Maersk two days ago, showing the scale of the damage a computer virus can unleash on the technology dependent and inter-connected industry. About 90 percent of world trade is transported by sea, with ships and ports acting as the arteries of the global economy. Ports increasingly rely on communications systems to keep operations running smoothly, and any IT glitches can create major disruptions for complex logistic supply chains. The cyber attack was among the biggest-ever disruptions to hit global shipping.

17 May 2017

862 Vessels Scrapped in 2016 -Report

Each year the NGO Shipbreaking Platform collects data and publishes an annual list of ships dismantled world-wide. Of the 862 vessels dismantled in 2016, 668 were sold for breaking on the beaches of South Asia.  Most vessels scrapped in 2016 were bulk carriers, followed by general cargo and container ships, oil and gas tankers, roll-on roll-offs, passenger vessels and oil platforms.  Bangladesh remained the preferred scrapping destination worldwide in terms of tonnage dismantled. In terms of vessel size, Pakistan received the largest vessels followed by Bangladesh, while Indian yards scrapped more medium-sized ships. China and Turkey meanwhile tend to recycle smaller vessels on an average.

22 Mar 2017

Container Shippers Ordered to Testify in US Investigation

File photo: Hapag-Lloyd

The U.S. Justice Department has ordered top executives from several container shipping lines to testify in an antitrust investigation into an industry that is the backbone of global trade, the companies said on Wednesday. The world's biggest container shipper, Denmark's A.P. Moller-Maersk, Germany's Hapag Lloyd, Taiwan-based Evergreen, Hong Kong-based Orient Overseas Container Line (OOCL) said their executives were among those who had been subpoenaed. The United States is concerned that the proposed alliances of several major companies…

03 May 2015

BP Shipping Marks its 100th Year

BP Shipping today celebrates its 100-year anniversary, making it the longest continually operating company in the BP group. Formed on April 30, 1915 as the British Tanker Company, the business has adapted to significant world events including two world wars, the Great Depression, closures of the Suez Canal, and the impact of oil nationalisations on the world economy and the movement of oil and gas. BP Shipping has also played its role in the evolution of safer and more environmentally sustainable shipping practices including inert gas systems, crude oil washing and double hulling, and has used its marine skills in the design and development of ground-breaking hybrid vessels in support of offshore oil and gas exploration.

02 May 2015

BP Shipping Turns 100

BP Shipping celebrated its 100-year anniversary yesterday, making it the longest continually operating company in the group. Formed on April 30, 1915 as the British Tanker Company, the business has contributed to two world wars, the Great Depression, the closures of the Suez Canal, and the impact of oil nationalisations on the world economy and the movement of oil and gas. It has also played a role in the evolution of safer and more environmentally sustainable shipping practices including inert gas systems, crude oil washing and double hulling. The firm has been responsible for the construction of more than 500 oil and gas tankers – an average launch rate of one new ship every 10 weeks of the century – as well as a myriad of small vessels to support BP’s international operations.

13 Feb 2015

LNG Tankers Idled as Gas Downturn Widens

Combined tanker capacity of at least 2.25 mcm LNG lies unused. Over a dozen liquefied natural gas (LNG) tankers are parked, many idle, in and around Singapore - one of the world's biggest trading hubs for the fuel - in a sign that the slowdown engulfing world gas markets may be worsening into a crisis. With Asian spot LNG prices down by almost two-thirds since February 2014 as slowing demand combines with rising output, shippers are parking their tankers close to ports like Singapore where unused ships can be easily maintained and serviced until new orders come in. Leading ship brokers estimate over one-tenth of the global fleet of 400 LNG tankers is currently unused because of slowing growth in Asia's biggest economies. The impact just in Singapore suggests the problem could be worse.

11 Sep 2014

Fight Piracy – Intelligently

While global piracy is constantly changing, modern technology adapts to exploit the weaknesses in the pirates’ mode of operation. Intelligence gained from such technologies enables voyage planners and navigators to steer clear of harm – but what kind of information is required? While the image of the Somalian pirate is still high in the public’s mind as the number one piracy threat, the reality is not as straightforward. Pirates have had to change their tactics in the last few years…

24 Sep 2012

A Primer on Current Environmental Standards

Environmental standards come with a mess of acronyms that can be difficult to comprehend. I’ll demystify four of those acronyms here. The first two; EEDI and SEEMP, were coined by the International Maritime Organization (IMO) and are aimed at monitoring and reducing vessels’ fuel usage and thus green house gas creation. The third, ECA, was also created by the International Maritime Organization and includes a focus on particulate matter emissions. The final acronym, ISO 14001…

23 Jun 2008

Shell Deepwater Platform Attacked

An attack by armed separatists in speedboats has forced Royal Dutch Shell to shut down its biggest offshore oil production unit in , removing a tenth of the Opec state's output. The raid on Bonga, a floating oil production and storage facility 120km offshore, has caught Nigeria's foreign oil operators by surprise. The deep water installations in the were previously thought to be beyond the reach of the militant groups that continue to harass and disrupt oil production in the swamps of the Niger Delta. The attack was aimed at Bonga but the militants also attacked two drilling rigs and three supply vessels in the area. The American captain of one supply vessel, under contract for Chevron, was taken hostage.

24 Jan 2002

KMSS Wins Contract

Kongsberg Maritime Ship Systems (KMSS) has won the contract to supply its integrated monitoring and control system to two Suezmax tankers currently under construction at Split Shipyard, Croatia. The tankers are owned by Tankerska Plovidba d.d., of Zadar in Croatia. The delivery will include the KMSS AutroCargo GL-100 radar based cargo level gauging system. The GL-100 level gauge consists of the GLA100 Level Sensing Unit located on the tank connected to a GLK-100 Signal Processing Unit normally located in the Cargo Control Room. Dedicated signal processing ensures normal system operation on the rest of the system if a malfunction occurs on one of the units. Ballast and Service tank level gauging will be monitored by the KMSS GT302/303 pressure transmitters.

09 May 2005

ChevronTexaco Orders Two LNG Carriers

ChevronTexaco Corp. ordered two LNG carriers from Samsung Heavy Industries of South Korea to support the planned growth in the company’s LNG business. The new LNG carriers will have a capacity of 154,800 cubic meters each. Both carriers will be of membrane-type design and equipped with dual fuel diesel-electric propulsion. The two carriers are planned for delivery in 2009. ChevronTexaco Global Gas President John Gass said: "ChevronTexaco has large holdings of natural gas resources in the Pacific and Atlantic Basins. Gass noted, "It is important that our company invest now to meet the growing demand for energy in the future." He added, "ChevronTexaco is making good progress at securing market access for its LNG supply projects.

25 Sep 2006

Pact Signed for Drydock Project

Ahmed bin Abdulnabi Macki, minister of finance and national economy and deputy chairman of the Financial Affairs and Energy Resources Council, signed on behalf of the Sultanate's government while Nam San-tae, Daewoo chief executive officer and president, signed on behalf of his company. As per the 10-year agreement, Daewoo Shipbuilding and Marine Engineering Co. Ltd, will provide administrative and technical support, transfer of modern technology used for ship repairing and maintenance of the dockyard project in Duqum. During its management of the project, the Korean company will prepare a work plan on marketing the services of the dry dock yard in Duqum to various international shipping companies…