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Teekay LNG Partners Announces Public Offering of Series B Preferred Units
Bermuda >> 10/16/2017 - Teekay LNG Partners L.P. (Teekay LNG or the Partnership) plans to offer in a public offering Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (Series B Preferred Units),...
Tanker Market - October 2017
Austria >> 10/11/2017 - In September, tanker spot freight rates for dirty and clean vessels generally saw improved sentiment across all classes trading on various routes. ...
Tanker Market - September 2017
Austria >> 9/12/2017 - Dirty tanker market sentiment weakened in August, as average spot freight rates declined on most reported routes. On average, dirty tanker freight rates were down by 4% from the month before. Earning...
New LNG Bunker Barge to Feature Wartsila Cargo Handling System
Netherlands/Holland >> 9/7/2017 - The technology group Wartsila will supply the cargo handling system and cargo tanks for a new 3000 cubic metre capacity LNG bunker barge. The vessel will be owned by LNG Shipping, a consortium between...
Tanker Market - August 2017
Austria >> 8/10/2017 - For the most part, dirty tanker spot freight rates developed negatively in July or maintained previous low levels. VLCC and Suezmax average spot freight rates remained almost flat compared with the p...
Teekay Offshore Signs Two Newbuilding Shuttle Tankers
Norway >> 8/3/2017 - Teekay Offshore’s world-leading shuttle fleet is getting younger – and more modern. On July 27, 2017, Teekay Offshore (TOO) CEO Ingvild Saether announced the contract signing for two Suezmax-size, DP2...
Saudi-led Coalition Stops Oil Tankers from Entering Yemen
Saudi Arabia >> 7/27/2017 - A Saudi-led military coalition and the government of Yemen denied four oil tankers access to a Yemeni port last week, a move that could hurt the flow of aid and exacerbate a cholera outbreak in the co...
OOCEP Awards Tanker Loading Contract to Marsol
Oman >> 7/15/2017 - UAE-based Marsol International has signed a two-year contract with Oman Oil Company Exploration and Production (OOCEP), the upstream energy arm of Oman Oil Company, for the provision and management of...
Tanker Market - July 2017
Austria >> 7/12/2017 - Dirty tanker market sentiment was generally weaker in June, as average spot freight rates dropped on all reported routes. On average, dirty tanker freight rates declined by 17% from the previous mont...
Tanker Market - June 2017
Austria >> 6/13/2017 - Dirty tanker market sentiment was diverse in May reflecting a variation in average spot freight rates for different reported routes. Dirty spot freight rates’ movement varied on each reported class. ...
Abu Dhabi Petroleum Port Eases Limits on Oil Tankers to and from Qatar
United Arab Emirates >> 6/7/2017 - Abu Dhabi petroleum port authorities have eased restrictions on oil tankers going to and from Qatar, according to industry sources and shipping circulars seen by Reuters. Abu Dhabi Petroleum Ports Aut...
Tanker Market - May 2017
Austria >> 5/11/2017 - In April, tanker market sentiment weakened in both its dirty and clean sectors. Average spot freight rates dropped on most reported routes. Dirty tanker freight rates were down 4% from the month befo...
Tanker Market - April 2017
Austria >> 4/12/2017 - In March, the tanker market showed mixed patterns with VLCCs seeing a decline in spot freight rates on its various trading routes, with spot freight rates remaining under pressure from the supply of ...
Petrotrin to Resume Bunkering Operations
Trinidad and Tobago >> 4/3/2017 - Petrotrin is set to resume its bunkering operations following the wet lease charter of a Tanker ‘Valme B’ which arrived in Trinidad on 2017 March 29. The vessel will be on hire to Petrotrin for a on...
Tanker Market - March 2017
Austria >> 3/14/2017 - Following the gains in the tanker market registered in the previous month, average dirty tanker spot freight rates declined by 21% in February reversing all profits made one month before. Lower rates...
Petsec Energy to Supply Oil Tanker Loading Equipment in Yemen
Yemen >> 3/14/2017 - Petsec Energy announces the execution of a contract for the manufacture and delivery of oil tanker loading equipment to be installed at the An Nagyah Central Processing Facility (CPF) within the Compa...
Shell LNG Tanker Al Khattiya Damaged in Collision off UAE
United Arab Emirates >> 2/28/2017 - The Al Khattiya liquefied natural gas (LNG) tanker, one of the world's largest, suffered damage to its hull in a collision with an oil tanker off the United Arab Emirates last week, operator Royal Dut...
OEG Offshore Delivers on Rental Supply Agreements
Ivory Coast (Cote D'Ivoire) >> 2/28/2017 - Leading Offshore Container and Module Manufacturer OEG Offshore (OEG) has delivered cargo carrying units for rental supply agreements in Europe and Africa during the start of 2017. ...
Iraq Plans to Acquire 'Large Fleet' of Oil Tankers
Iraq >> 2/17/2017 - Iraq plans to acquire a "large fleet" of oil tankers to transport the OPEC nation's crude to global markets, Oil Minister Jabar al-Luaibi said in a statement. ...
Tanker Market - February 2017
Austria >> 2/13/2017 - Spot freight rates in January continued the recovery started in 4Q16, showing general improvements across all tanker sectors. This improved sentiment was seen on all reported routes and in various t...

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