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Tanker and LNG

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

Scorpio in Deal with Bocom Financial Leasing to Sell, Leaseback 5 MR Product Tankers

Scorpio Tankers has entered into a deal with China's Bank of Communications (Bocom) Financial Leasing Co. to sell and leaseback 5 MR product tankers. The...

Sovcomflot and Rosneft in Agreement for 5 LNG-Fueled Tankers

On September 25, Sovcomflot (SCF) and its compatriot oil major Rosneft signed an agreement for the construction of five liquefied natural gas (LNG)-fueled Aframax tankes. Sovcomflot...

Wisdom Marine Aborts Plan for 2 New Tankers

Wisdom Marine drops a plan to build 2 new 115,000-dwt aframax tankers at Japan Marine United Corporation. The company approached the Japanese shipyard in June,...

Tanker and Bulk Carrier Collide Near Netherlands

On September 20, a bulk carrier and tanker collided near Netherlands. The bulk carrier, Usolie, and tanker, Seatrout, were sailing in the same direction. The...

The Maritime Sector’s Impact on Climate Change

Climate change is an all pervasive phenomenon that has gotten scientists and experts from all over the world worried. The dramatic changes that have...

Maersk Sells Maersk Tankers

Today, A.P. Møller - Mærsk A/S (APMM) has entered into an agreement to sell the shares in Maersk Tankers A/S (Maersk Tankers) to APMH...

Top Ships Secures Time Charter for Eco Palm Desert

Top Ships announced that it has secured a time charter deal for its tanker Eco Palm Desert. The 50,000 dwt product/chemical tanker is presently being...

Collision off Singapore, 5 Missing

A collision between a 30,747 dwt tanker and dredger off Singapore was reported on September 13 at 12:40am. After the incident, 5 seafarers were reportedly...

Piracy and the Global Maritime Industry

For a lay man, a pirate is mostly a fictional and almost comical character that the movies portray. He is often depicted as a...

Concordia Maritime Charters P-MAX Tanker Stena Provence

Concordia Maritime has signed a contract to charter out the P-MAX tanker Stena Provence. The contract is for one year, with an option for...