Wednesday, May 23, 2018
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Tanker and LNG

All the latest news and analysis of the Tanker and LNG Sector

Gunvor Group, Oceangold Tankers and Maas Capital in JV to form ClearOcean Tankers

Gunvor Group, one of the largest physical energy trading companies in the world, has entered into a joint venture with Oceangold Tankers and Maas...

Wärtsilä LNGPac Passes 100th Order Milestone

The technology group Wärtsilä’s Fuel Gas Supply Systems have passed a significant milestone with the 100th order being booked. Two new shuttle tankers being...

Shipping Sector M&As, Economic Growth Cut Vessel Arrests in Singapore

The number of shipping vessels arrested in Singapore hit a multi-year low in 2017 thanks to consolidation in the industry, greater credit scrutiny, and...

Teekay Tankers Reports First Quarter 2018 Results

Teekay Tankers reported the Company's results for the quarter ended March 31, 2018. Highlights Reported GAAP net loss of USD 19.2 million, or USD 0.07 per...

Scorpio Tankers Announces Sale and Leaseback Agreements for Five Product Tankers

Scorpio Tankers Inc. announced that it has agreed to sell and leaseback three MR product tankers (STI Ville, STI Fontvieille and STI Brooklyn) and...

SEALNG Welcomes MAN Diesel & Turbo to Membership Coalition

SEALNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, today announced that it...

NOVATEK Creates Maritime Arctic Transport Company

The Board of Directors of PAO NOVATEK resolved on creating a transportation subsidiary called Maritime Arctic Transport LLC to manage and optimize transportation costs,...

Torm Stops Taking Orders in Iran due to U.S. Sanctions

Danish oil product tanker operator Torm (TRMDa.CO) on Tuesday said that it has stopped taking new orders in Iran as a consequence of U.S....

Dynagas LNG Reports Results for 1st Quarter, 2018

Dynagas LNG Partners, an owner and operator of liquefied natural gas (“LNG”) carriers, today announced its results for the three months ended March 31,...

Pyxis Tankers Announces Financial Results for 1st Quarter of 2018

Pyxis Tankers Inc., an emerging growth pure play product tanker company, today announced unaudited results for the three months ended March 31, 2018. Highlights * For...