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Tankers

Vinci Bags $306mln LNG-Tank Contract in Canada

Pic: Vinci Construction

European contractor Vinci Construction has been awarded  contract to build a 225,000 m3 liquefied natural gas (LNG) tank in Canada.The Joint Venture composed of Entrepose Contracting and Vinci Construction Grands Projets, said in a release that the contract, which covers the engineering, procurement and construction (EPC) of the tank,

EEDI Phase 3 Compliance for Bulkers, Tankers Looming

© alexyz3d / Adobe Stock

Global shipping remains challenged as the IMO continues down its path of setting ambitious decarbonization targets by 2030 and 2050.The Energy Efficiency Design Index (EEDI), a key component of the IMO's plan to reduce greenhouse gas emissions, sets minimum energy efficiency design requirements for different ship types and sizes.

UK PM to Discuss Grace 1 Tanker with Gibraltar

Grace 1 Credit MarineTrafficDotCom.jpg

British Prime Minister Theresa May will meet with Gibraltar's Chief Minister Fabian Picardo later on Wednesday to discuss the detained Iranian oil tanker Grace 1, a spokesman for May said.The tanker was seized earlier this month by British Royal Marines off the coast of the British Mediterranean territory

U.S. Unsure About Details of Tanker Towed to Iran

The Tanker riah (File Image: CREDIT MarineTraffic.com / © Marinko)

U.S. officials say they are unsure whether an oil tanker towed into Iranian waters was seized by Iran or rescued after facing mechanical faults as Tehran asserts, creating a mystery at sea at a time of high tension in the Gulf.The MT Riah disappeared from ship tracking maps when its transponder was switched off in the Strait of Hormuz on July 14.

W. Africa Crude Traders Await Sept Programs

File Image: AdobeStock / © Jose Gill

Some August-loading Angolan cargoes cleared but trading was slow on Monday as new programs were expected to emerge this week.The preliminary Angolan loading program for September is expected to emerge on Tuesday. New Nigerian programs are expected at the end of the week.BP's August-loading cargo of Girassol,

INTERTANKO Director Visits EU NAVFOR

 Photo: EU NAVFOR

Operation Atalanta Operation Headquarters (OHQ) welcomed a visit from Phillip Belcher, Marine Director at the International Association of Independent Tanker Owners (INTERTANKO), as part of key EU NAVFOR relations with the shipping industry at a strategic level.Operation Atalanta, formally European Union Naval Force (EU NAVFOR) Somalia,

Iran Calls For UK to Release Seized VLCC

The 'Grace 1' - the seived VLCC in a file image. CREDIT: MarineTraffic.com

Iran called on Britain to immediately release its oil tanker which British Royal Marines seized last week on suspicion that it was breaking European sanctions by taking oil to Syria, Foreign Ministry spokesman Abbas Mousavi told state news agency IRNA."This is a dangerous game and has consequences .

U.S. Oil Makes it to Ukraine, a blow to Moscow

© RealPhotoItaly/Adobe Stock

U.S. crude exports are gaining traction in Europe as even Ukraine turns into a significant consumer of American barrels at the expense of Russian supplies amid heightened U.S. political pressure on Moscow and problems over contaminated Russian oil.Ukraine this month received its first ever barrels from the United States,

Gibraltar Claims Decision to Detain Iranian Tanker

© Josemaria Toscano/Adobe Stock

Gibraltar said its action last week to detain Iranian tanker Grace 1 was a decision it took on its own and not at the behest of any other state or third party, the territory's chief minister said on Friday."All relevant decisions in respect of this matter were taken only as a direct result

SHI Bags $125mln Order for 2 Crude Carriers

Image: Samsung Heavy Industries Co

South Korean shipbuilder Samsung Heavy Industries Co (SHI) said  that it has clinched a deal worth 147 billion won (US$124 million) to build two crude carriers.According to a press note from the shipbuilder, as per the deal with an un-named Panamanian shipping firm, SHI will deliver the two Suezmax tankers by March 2021.

Iran Attempts UK Tanker Block, Fails

Civilian Mariner Kevin Sauls, Ship's master aboard the Henry J. Kaiser-class fleet replenishment oiler USNS Guadalupe (T-AO 200), observes the Royal Navy Duke-class frigate HMS Montrose (F 236) during a replenishment-at-sea drill. Guadalupe is conducting operations, providing logistical support to U.S. Navy and allied forces operating in the U.S. 7th Fleet area of responsibility. (U.S. Navy photo by Mass Communication Specialist 2nd Class Tristin Barth)

Britain says it fended off Iranian attempt to block its oil tankerThree Iranian vessels tried to block a British-owned tanker passing through the strait that controls the flow of Middle East oil to the world, but backed off when confronted by a Royal Navy warship, Britain said on Thursday.A week after

Gibraltar Police Arrest Captain of Detained Iranian Tanker

Gibraltar police said they have arrested the captain and chief officer of the detained Iranian Grace 1 supertanker accused of violating EU sanctions on Syria and have seized documents and electronic devices from the vessel.Last week British Royal Marines boarded the tanker off Gibraltar and seized it

Scorpio Tankers Orders Pacific Green Scrubbers

Photo: Pacific Green Technologies

Pacific Green Technologies Inc. (OTCQB: PGTK), developer of the ENVI-Marine  emission control system, has announced that Scorpio Tankers Inc. (“Scorpio Tankers”) has confirmed that it has ordered a further 14 ENVI-Marine emission control systems (the “Systems”) for vessels it owns or manages in 2020,

TIMELINE: Rising Tension between Iran, West

The seized VLCC 'Grace 1 (CREDIT: MarineTraffic.com)

Tensions between Iran and the West have escalated since U.S. sanctions on Iranian oil exports took full effect and British naval forces seized an Iranian supertanker.Below is a timeline of recent incidents:May 2 - The United States, which withdrew from an international nuclear accord between Iran and global powers in 2018,

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