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  1. Vietnam proceeds with expansion of tanker fleet

    Online Articles

    Tue, 3 Mar 2009

    Trans said it planned to invest as much as $3 billion altogether over the next 7 years to upgrade its crude and oil product tanker fleet to meet demand from Vietnam's refineries. At the moment, the Dung Quat facility is the country's only

  2. Intertanko forecasts sluggish tanker market

    Magazine Articles

    Mon, 2 Aug 2010

    products imports to 3.2 million b/d in 2009 following the 7% drop seen in 2008. The 10,000-60,000 dwt product tanker fleet has grown by an average 6%/year since 2001, the association said. Tanker supply Intertanko sees tanker supply continuing

  3. OGJ Newsletter

    Magazine Articles

    Mon, 16 Mar 2009

    Development Authority. Oman Shipping commissions product tanker Oman’s state-owned Oman Shipping Co., as part ..... transport capabilities, has commissioned the LR2 Haima product tanker built by Japan’s Mitsui Engineering & Shipbuilding

  4. Oman Shipping starts $4 billion fleet expansion

    Online Articles

    Thu, 27 Mar 2008

    firms launched two companies (one for an LR2-type product tanker , another for an LPG carrier), while in June 2005 ..... others, one for a VLCC and another for an LR1-type product tanker . Contact Eric Watkins at hippalus@yahoo.com.

  5. OGJ Newsletter

    Magazine Articles

    Mon, 9 Mar 2009

    Trans said it planned to invest as much as $3 billion altogether over the next 7 years to upgrade its crude and oil product tanker fleet to meet demand from Vietnam’s refineries. At the moment, the Dung Quat facility is the country’s only

  6. Tanker earnings continue slide

    Magazine Articles

    Mon, 4 Feb 2008

    with an even bigger increase of 8.5%, seen in the clean market. On Sept. 1, 2007, the 10,000- 80,000 dwt product tanker market stood at 81.2 million dwt, a 6% increase. With a 39.1 million dwt order book, the vast majority of

  7. Tanker earnings firm to start 2010

    Magazine Articles

    Mon, 2 Aug 2010

    were mixed, with crude tankers registering increases between 1% and 10% over the period, while 5-year old clean product tanker values (30,000 dwt) slipped 4% to $22 million. VLCC By Mar. 1, 2010, the VLCC fleet totaled 162.9 million

  8. Volatile VLCC rates lead tanker rebound

    Magazine Articles

    Mon, 23 Jun 2008

    inventories, particularly of US gasoline, limiting immediate demand. On Mar. 1, 2008, the 10,000-60,000 dwt product tanker market stood at 84.6 million dwt. With more than 10 million dwt/year expected to be delivered during the next

  9. OGJ Newsletter

    Magazine Articles

    Mon, 12 Jul 2010

    fishing boat in China; a tanker launching a boat that capsized off Greenland; and an explosion in the forecastle of a product tanker in ballast off the Netherlands. Intertanko said the biggest change in incident type in 2009 was groundings, the

  10. Petroleum markets' turmoil spawns tanker glut

    Magazine Articles

    Mon, 22 Feb 1999

    were eroding the petroleum- product tanker industry at year-end 1998 ..... Products-tanker market Overall, product - tanker average earnings suffered considerably ..... and thus the sharp downturn in product - tanker profitability. Earnings in the

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