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  1. Kinder Morgan to boost US tanker fleet

    Kinder Morgan Inc. entered a definitive agreement to acquire four new 50,000-dwt product tankers qualifying for intracoastal US trade under the Jones Act. The $568-million deal with Philly Tankers LLC requires approval of 80% of the seller’s ownership. The tankers, which are convertible for LNG carriage, will be built at the Aker Philadelphia Shipyard. Each will be able to carry 337,000 bbl of product. The ships will be delivered between November 2016 and 2017. Kinder Morgan entered the Jones Act product tanker business when it bought five ships in January 2014 through the acquisition of American Petroleum Tankers and State Class Tankers for $960 million. Before the latest deal it had seven product tankers in service and five under design or construction.

    Online Articles

    Online Articles

    Mon, 10 Aug 2015

  2. RISING DEMAND SPARKS BURST OF TANKER ORDERS

    Roger Vielvoye International Editor A surge in construction of large crude oil tankers is well under way. It started during the first 6 months of this year, when shipyards' order books for vessels of more than 200,000 dwt nearly doubled while orders for tankers of 100,000-200,000 dwt climbed by ...

    Magazine Articles

    Magazine Articles

    Mon, 30 Jul 1990

  3. Oil, gas tanker industry responding to demand, contract changes

    Royal Maritime Corp., Liberia, took delivery at yearend 1997 of the Stena Commodore, a 105,750 dwt , LRS-class tanker built by NKK Corp., Tokyo. She represents a class of vessels contracted for or being built to serve anticipated growth in crude-oil shipments from West Africa. The crude-oil tanker ...

    Magazine Articles

    Magazine Articles

    Mon, 2 Mar 1998

  4. Clarkson sees strong demand for oil tankers

    Strong demand for oil tankers should carry the shipping market into another banner year, reports Clarkson Research Studies, London. It noted that International Maritime Organization proposals may require 70 million dwt of single-hulled tankers to be retired by the end of 2005.

    Online Articles

    Online Articles

    Mon, 27 Nov 2000

  1. INTERTANKO FIGURES SHOW INCREASE IN TANKER DELIVERIES LAST YEAR

    Magazine Articles

    Magazine Articles

    Mon, 13 Jan 1992

  2. TANKER FLEET GROWING, ALONG WITH ORDERBOOK

    The world tanker fleet is growing and so is the tanker orderbook. International Association of Independent Tanker Owners (Intertanko) figures show that on Feb. 1 there were 3,273 tankers and combined carriers with a total 279.25 million dwt in the world fleet. That's up from Jan. 1, 1989, when the ...

    Magazine Articles

    Magazine Articles

    Mon, 5 Mar 1990

  3. Libya takes delivery of two oil tankers

    Libya's state-owned General National Maritime Transport Co. (GNMTC) has taken delivery of two 115,000- dwt oil tankers, the Al-Qadisiyah and Al-Jala, from Cido Shipping of Japan.

    Online Articles

    Online Articles

    Mon, 16 Feb 2009

  4. KMEP to build fifth Jones Act product tanker

    Kinder Morgan Energy Partners LP (KMEP) has expanded its contract with General Dynamics Nassco for the design and construction of an additional 50,000 dwt LNG-conversion-ready product tanker with a cargo capacity of 330,000 bbl.

    Online Articles

    Online Articles

    Mon, 16 Jun 2014

  5. EXXON UNIT AGREES TO SELL FOUR BIG TANKERS

    Esso Eastern Marine Ltd., an affiliate of Exxon Corp., has agreed to sell four ultra-large crude carriers to Ceres Hellenic Shipping Enterprises Ltd. The vessels are the 516,000 dwt Esso Atlantic, 516,000 dwt Esso Pacific, 457,000 dwt Esso Mediterranean, and 457,000 dwt Esso Caribbean. All are of ...

    Magazine Articles

    Magazine Articles

    Mon, 16 Apr 1990

  6. THREE DOUBLE HULL CRUDE TANKERS JOIN WORLD FLEET

    The worldwide fleet of double hull tankers continues to grow. Early this month Chevron Corp. christened a 132,000 dwt crude carrier, Neste ON, took delivery of a 95,000 dwt shuttle tanker, and the first double hull supertanker built in Japan has been completed and delivered. Chevron christened the ...

    Magazine Articles

    Magazine Articles

    Tue, 9 Feb 1993

  7. Intertanko tallies tanker deliveries

    The International Association of Independent Tanker Owners (Intertanko), Oslo, reports 64 crude oil tankers totaling 7.9 million dwt were delivered in 1993 to the end of July. That compares with 75 tankers scrapped during the same period, with a combined 7.6 million dwt . "Scrapping has come to a ...

    Magazine Articles

    Magazine Articles

    Mon, 20 Sep 1993

  8. Tsakos takes delivery of VLCC

    Tsakos Energy Navigation Ltd. has taken delivery of the 298,900 dwt double-hull very large crude carrier (VLCC) La Prudencia built in 1993. The vessel has been immediately employed by a major oil company for a 50-day voyage.

    Online Articles

    Online Articles

    Fri, 27 Jan 2006

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