Aframax Tanker Companies

Eletson has a global presence with headquarters in Piraeus, Greece as well as offices in Stamford, Connecticut and London. (aframax/LR2) Blue Fin Tankers Inc. 2 dwt on 15. The Aframax tanker was launched with the Vympel floating transfer dock, one of the largest in Russia. All the vessels incorporate features, equipment and systems that meet or exceed the strictest global safety and environmental standards and Class, Flag and industry requirements. 3x aframax crude oil tankers for sale - 1999 / 2003 blt, 108. Russian petroleum and LNG shipping company Sovcomflot placed an order with Zvezda Shipyard for a new series of Aframax tankers at the fourth Eastern Economic Forum in Vladivostok on Tuesday, September 11. 2027 as showed in Fig. 00m DRAFT: 15. ATHENS, GREECE--(Marketwire - 03/24/11) - Tsakos Energy Navigation Limited ("TEN" or the "Company") (NYSE:TNP - News) today announced the delivery of the 2001-built aframax tanker Opal Queen to. Frontline is a world leader in the international seaborne transportation of crude oil. The powerful new-generation tanker is designed to transport oil in unrestricted navigation. government is seeking to choke Venezuelan oil exports to starve the government of socialist President Nicolas Maduro of its main. [email protected] ail Call: 03053990931. Sellers, being state - owned company, no official price ideas. Jul 17, 2013 - Teekay operates one of the world’s largest conventional tanker fleets including aframax, long range (LR), medium range (MR), suezmax and very large crude carrier (VLCC) vessels. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of  containerships and tanker. This is shipped in VLCC, Aframax and Suezmax tanker vessels. As of December 31, 2016, the Company's fleet consisted of 28 vessels owned by the Company (seven very large crude carriers (VLCCs), 10 Suezmax tankers and 11 Aframax/LR2 tankers); 13 vessels that are under capital leases (11 VLCCs and two Suezmax tankers); one VLCC that is. An Aframax vessel is an oil tanker with a deadweight between 80,000 and 120,000 metric tonnes. The ship slowly but steadily, went out of control, with magnetic compass deviating from that of gyro by some 230 deg, speed reduced to dead ahead. Making the Switch. The launch of the first Aframax tanker was a unique operation including the use of the Vympel floating transfer dock, one of the largest in Russia. Due to their favorable size, Aframax tankers can serve most ports in the world. Furthermore, in 2009 and 2011 the Company took delivery of three Suezmax New Buildings built at Samsung Heavy Industry. Specially designed from a charterer’s perspective, our new buildings are engineered to provide faster maximum achievable speed, larger carrying capacity relative to vessels of the same class and double-up pumping capabilities. com, May 11, 2020. Marine & Eng. 197 M: Cargo / Slop Tanks: 10 cargo / 2. Performance Shipping announced that it has agreed to acquire two entities, which have signed contracts to purchase two 2011-built Aframax tanker vessels from an unaffiliated third party seller for a total purchase price $60M. Founded in 2010, Heidmar’s Seawolf VLCC Pool commercially manages a globally trading fleet of VLCCs through partnerships around the world. Panamax Tankers; Aframax(80,000-120,000 DWT) Suezmax (120,000-200,000 DWT) VLCC/ULCC (above 250,000 DWT) In 2007, SHI built a 70,000-ton, bi-directional Arctic shuttle tanker, which was the first ever of its kind. 000 barrel capacity. See more ideas about Boat, World and Ship. An email was sent to all ships managed by a company, reporting abnormal phenomenon, which occurred on board of one of the ships of this company, Aframax tanker, early in the morning May 31. Based on our Clients requirements. The focus of the Dry Cargo chartering is primarily on the carriage of dry bulk Cargoes. Sigma Tankers Inc. Special survey passed. DEVELOP SALE THE FOLLOWING AFRAMAX TANKERS. According to shipbroking sources, the Hyundai Heavy-built vessel was sold for a price of $8. Tanker Ship Maersk Line Marine Engineering Oil Tanker Merchant Marine Armada African Elephant Great Lakes Cruises. The vessel is designed in compliance with high environmental safety standards. 84 M, DEPTH 21. No matter where oil is produced or where it needs to go, we get it there safely and reliably. Aker Philadelphia Shipyard, Inc. The Company has eleven tankers and two bulk carriers: six Aframax Tankers, three Medium-Range Product Tankers (MR), two Long-Range Product Tanker (LR2) and two Panamax Bulk Carriers. Crude tankers move large quantities of unrefined crude oil from its point of extraction to refineries. The term is based on the Average Freight Rate Assessment (AFRA), a tanker rate system created in 1954 by Shell Oil to standardize shipping contract terms. Register now to reach dream jobs easier. Oil Tanker Ships for Sale. The sanctioned vessels are: Athens Voyager — According to OFAC, the registered owner is Afranav Maritime of the Marshall Islands. has had an exceptional record of growth. DryShips Inc. announced that it has agreed to acquire four coated Aframax tankers and one uncoated Aframax tanker for an aggregate purchase price of approximately $230 million. List of Top Crude Tanker Companies 1. We work with the best shipyards & maritime companies to offer you the best tanker ships and crude oil tanker ships for sale and we can guarantee you only the best quality and service here. Other companies which are exploring the possibility of a switchover include Teekay Tankers, they added. The lead vessel keel was laid in open-air heavy filling-out ways on September 11, 2018, as part of the visit to Zvezda shipyard of the President of the Russian Federation Vladimir Putin. Teekay has developed from a regional shipping company into one of the world’s largest marine energy transportation, storage & production companies. AFRA is acronym for Average Freight Rate Assessment, used by the major oil companies, traders and other market players as a source of unbiased market rates. My filters. But the tables turned in May 2020. Though relatively smaller than Very Large Crude Containers (VLCC) and the Ultra Large Crude Containers (ULCC), the tanker. FLAG: Liberia CLASS: LR BLT: 2010 LOA: 244. (Wärtsilä) says it has launched a new, highly efficient design for Aframax tankers. ATHENS, Greece, Jun 22, 2020 (GLOBE NEWSWIRE via COMTEX) -- ATHENS, Greece, June 22, 2020 (GLOBE NEWSWIRE. The vessel along with 26 crewmembers was seized at the Sonara refinery in Limbe, according to Singapore-based ship management company Eastern Pacific Shipping. As a result, the Company has increased its liquidity position by approximately $60 million after the repayment of […]. Tanker Fleet. Moreover, tankers cost $40K-$70K per day for shipping 250k-2000k barrels. , mainly offers Brokering services for the VLCC and ULCC market for the Tanker Market. "The Company is pleased to have taken delivery of the M/T P. Aframaxes and double-coated dirty tankers are cleaning up to store and move refined products, in order to step up their earnings and take advantage of the sharp rise in freight rates, market participants said Wednesday. 939 million. 21 companies | 45 products. Via Jacopo Peri, 1 – 00198 Phone: +39 06 8537901 Fax Purchasing/Technical Dept: +39 06 85834662 Fax Chartering Dept: +39 06 85355491. All the vessels incorporate features, equipment and systems that meet or exceed the strictest global safety and environmental standards and Class, Flag and industry requirements. LOA about 248m, beam about 44m. An Aframax vessel is an oil tanker with a deadweight between 80,000 and 120,000 metric tonnes. (VLCC) Offering around-the-clock service to customers on a worldwide basis, our main focus has always been and remains to provide safe, efficient transportation and high-quality service. The 112,700 dwt vessel was delivered from Daewoo Mangalia Heavy Industries […]. (TIL) with the intent ‘to opportunistically acquire, operate and sell modern secondhand tankers to benefit from an expected recovery in the current cyclical low of the tanker market’. The fleet presently consists of 21 double hull tankers with a combined capacity of 1,557,850 dwt, 6 LPG/NH3 carriers with a combined capacity of 197,940 cbm and 3 LEG. Based on our Clients requirements. SCF's LNG-fuelled Aframax tankers In 2018 Sovcomflot started commercial and technical operation of the world's first large-capacity oil tankers using LNG as their primary fuel. Kikuma, its fourth Aframax tanker vessel, which marks an additional step in becoming a pure tanker owning company. We are looking for Chief Engineers candidates (Age limit up to 55 years)with experience in Tankers type of vessels (Aframax, Suezmax or VLCC from 100000 to 380000 Dwt) in order to join a Greek Shipping Company fleet of 35 Tankers. Kikuma (formerly FSL Shanghai), a 2007-built Aframax tanker of 115,915 dwt that the Company entered into an agreement to purchase in February 2020. Starting with the acquisition of 2nd hand vessels in a very short time it was operating a fleet of 17 ships, mainly Japanese built. Clean tanker freight rates are at an all-time high and dirty ships are keen to get it. Discussing company's recent transformation into an operator of Aframax tankers. Delete all. The tanker will have a deadweight tonnage of 118,000t. The fleet presently consists of 21 double hull tankers with a combined capacity of 1,557,850 dwt, 6 LPG/NH3 carriers with a combined capacity of 197,940 cbm and 3 LEG carriers with capacity of 36,000 cbm. Main Engine type: 4) Mitsui MAN B&W 6S60 MC-C 5) Sulzer 7RTA58T Tank capacity: 114,727 - 128,714 m³. AFRA system was created in 1954 by Shell Oil to standardise contract terms. The price for shipping oil using tankers varies. The Company A Petrobras Transporte S. Crude tankers move large quantities of unrefined crude oil from its point of extraction to refineries. The Aframax tankers are to be delivered before end of 2011 and will be named Gulf Vision and Gulf Valour. In Q1 2020, Euronav sold the 2001-built, 160,000 dwt Suezmax tanker Cap Diamant for US$29. Andes Tankers (AT) An alliance operating Aframax vessels of between 100,000 and 120,000 dwt in the Pacific America’s. The Indonesian-flagged tanker was built in 1999 and is owned and managed by Waruna Nusa Sentana. - having experience in same rank and type of vessel minimum 2 years. The design was created with a primary focus on fuel efficiency and includes an optimised hull form and propulsion train. Class CC SS 06/2022 DD 06/2020 Loa 244,50 Beam 42,00 Depth 21,90 M 12 Tanks 124,125 Cbm Pumps 3×3,000 twph Tar Epoxy (Deckhead and bottom upto 2 M) Coated Stainless Steel COILS SBT/IGS/COW. Teekay Tankers currently owns a fleet of double-hull Aframax tankers, double-hull Suezmax tankers, product tankers and one VLCC, which an affiliate of Teekay Corporation manages through a mix of short- or medium-term fixed-rate time-charter contracts and spot tanker market trading. (KLPL) plans to double the size of its aframax oil tanker fleet to 20 vessels in eight years, a top company official said on Tuesday. DNV GL takes a closer look at Brazil. The five vessels, which are expected to be delivered in the first quarter of 2015, were constructed in 2008, 2010 and 2011 at top tier shipyards in Japan and China. The vessel 'Barents Sea', a Singapore-flagged Aframax tanker was seized by private military with k-47 machine guns in Cameroon. An Aframax ship is an oil tanker smaller that 120. (NASDAQ: DCIX), (the. The above situation indicates a bleak short-term outlook for companies such as Frontline , Nordic American Tankers , Teekay Tankers , Euronav , DHT Holdings (DHT), and Tsakos Energy Navigation. It is a provider of crude oil and gas transportation, floating storage and. 92 M BLT 10/2004 BY SAMSUNG HEAVY INDS - GEOJE (KRS) CLASS DNV-GL NEXT DD/SS: OCT 2019 / OCT 2019 LOA 249. These tankers are the largest tankers in the Average Freight Rate Assessment (AFRA) tanker rate system. Teekay is the largest operator of mid-sized tankers including suezmax, aframax, and long range two (LR2) vessels. oil tanker cargo ship DWT : 318, 157, 115, 320 t and more fuelefficient technology for tankers for the future as well as designing new systems for next generation smart ships. It includes Medium Range tankers such as MR1 and MR2, Aframax and Suezmax tankers, and Very Large Crude Carriers (VLCC). The innovative design is the outcome of a co-operation, which combines the superior technical capabilities of both companies. oil tanker (45) oil tanker cargo ship / Aframax. AFRAMAX vessels refer to ships between 80,000 and 120,000 deadweight tons. In a recent analysis, shipbroker and tanker market specialist Charles R. has had an exceptional record of growth. OSG, a market leader providing energy transportation services, today announced that it will build four, 114,000 dwt 44-meter beam Aframax tankers at the New Times Shipbuilding Co. The only company that showed any consistent correlation of significance was the opening price of Teekay Tankers to weekly rates. Green Fleet in near future will be consist of MR tanker vessels, Aframax Tankers and Kamsarmax Bulk carriers. Send your CV on. The rates are periodically assessed by the London Tanker Brokers’ Panel, which was formed in 1953. The term is based on the Average Freight Rate Assessment (AFRA), a tanker rate system created in 1954 by Shell Oil to standardize shipping contract terms. SLR2P is a related party to the Company. Founded in 2012 by Tim Brennan and Eric Haughn, Penfield Marine LLC ("Penfield") is a boutique commercial management company operating tankers around the world in Penfield's Panamax/LR1 pool, Aframax/LR2 pool, and Suezmax pool. Through its commitment to safe and environmentally responsible operations combined with high quality service to its clients, Delta has secured a leading role as an international ship. A classification used to describe a large portion of the global tanker fleet is AFRAMAX. Tanker is drydocked at shipyard Belawan, Medan, Malacca Strait, northern Sumatra, Indonesia, several workers said to suffer burns, they were hospitalized. 3 mill dwt) The South Korean concern has shot up the rankings thanks to the. The powerful new-generation tanker is designed to transport oil in unrestricted navigation. MISSION Take command of crude oil ships of 3000 gross tonnage or more, in accordance with Company Procedures Act according to International Conventions and Regulations, Flag State requirements and local regulations, implementing safety and environmental policy of the Company. SCI's Tanker tonnage paralleled the growth of Indian oil industry since the mid-1970s. An Aframax Oil Tanker A 4 degrees of freedom ship performance prediction model is used to compare wind-assisted ship propulsion technologies: the Flettner rotor, a wingsail and the DynaRig concept. The MarketWatch News Department was not involved in the creation of this content. 2020 ATHENS, Greece, Feb. DNC is currently operating in the Panamax, Handy Bulk Carriers and Container feeder segments, and recently also entered in to Tankers (Aframax/LR2). -flagged Veteran Class tankers, the Pennsylvania and the Florida. Eletson has a global presence with headquarters in Piraeus, Greece as well as offices in Stamford, Connecticut and London. Performance Shipping Inc. Humboldt Shipmanagement Provides shipmanagment services to the Group’s companies including ao. Fleet Under Management. AFRA is acronym for Average Freight Rate Assessment, used by the major oil companies, traders and other market players as a source of unbiased market rates. Tanker is drydocked at shipyard Belawan, Medan, Malacca Strait, northern Sumatra, Indonesia, several workers said to suffer burns, they were hospitalized. Tsuneishi Shipbuilding Company, TSUNEISHI Holdings Corporation (Head Office: 1083 Tsuneishi Numakuma-cho Fukuyama-city, Hiroshima, CEO: Takao Kawamoto) handed over a crude oil tanker with a capacity of 107,500 MT deadweight (AFRAMAX tanker*) to CLIO MARINE INC. We currently manage over 120 oil tankers ranging from Aframax to VLCC to Suezmax to MR Product to Bunker from 34,000 dwt to 320,000 dwt. (TK) Teekay was founded in 1973 and is based in Hamilton, Bermuda. An Aframax vessel is an oil tanker with a deadweight between 80,000 and 120,000 metric tonnes. Performance Shipping announced that it has agreed to acquire two entities, which have signed contracts to purchase two 2011-built Aframax tanker vessels from an unaffiliated third party seller for a total purchase price $60M. Reederei Nord and Synergy Group, on behalf of Nissen Kaiun, have officially launched N2Tankers, a new Aframax tanker pool the two shipowning companies have set up as a joint venture. Product Tanker: Year Built / Place Built: 1999 / Brodosplit Shipyard, Croatia: Flag: Maltese: Class / IMO No. Performance Shipping Inc. Company delegates and distinguished guests travelled to the excellent Hyundai Samho facilities located on the south-western coast of South Korea for the naming of three newbuildings: VLGC “Tenacity IV” and Aframax sisters “Affinity V” and “Spirit II”. April 11 (Reuters) - Tsakos Energy Navigation Ltd: * Ten announces delivery and charter of aframax tanker sola ts and initiation of strategic relationship with large end user. Type of vessel operated are oil, product and chemical tankers. Baltic Exchange introduces new OPEX assessments for tankers. The first Russian Aframax tanker "Vladimir Monomakh" was heaved off at the Zvezda Shipbuilding Complex. (DCIX), (the "Company"), a global shipping company specializing in the ownership of containerships and tanker vessels, today announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/t Briolette (formerly "Maersk Jamnagar"), a 2011-built Aframax. (NASDAQ: PSHG) has taken delivery of the M/T P. Teekay Tankers currently owns a fleet of nine double-hull Aframax tankers (including the Falster Spirit) and three double-hull Suezmax tankers, which an affiliate of Teekay Corporation manages through a mix of short- or medium-term fixed-rate, time-charter and spot-tanker-market trading. Other companies which are exploring the possibility of a switchover include Teekay Tankers, they added. The "Aframax River" caught fire in Deer Park on Sep 6, 2016, just after midnight. The Aframax and Suezmax tankers are all ice class 1 A FS. Crude Oil Tankers Ultranav is active in two main crude oil sectors. 708 billion, and gross profit of the last 12 months is $594. Tsuneishi Shipbuilding Company, TSUNEISHI Holdings Corporation (Head Office: 1083 Tsuneishi Numakuma-cho Fukuyama-city, Hiroshima, CEO: Takao Kawamoto) handed over a crude oil tanker with a capacity of 107,500 MT deadweight (AFRAMAX tanker*) to CLIO MARINE INC. Kikuma (formerly “FSL Shanghai”), a 2007-built Aframax tanker of 115,915 dwt that the Company entered into an agreement to purchase in February 2020. OSG, a market leader providing energy transportation services, today announced that it will build four, 114,000 dwt 44-meter beam Aframax tankers at the New Times Shipbuilding Co. Origin could be West Africa, Venezuela, Middle East, North Africa. The AI pool has seven members and 40 vessels, of which 97. In the LOOP: Larger Suezmaxes making more trips from USGC to Europe on rising Aframax rates. SAMATAN 74,823 2001 Hudong Man B&W 7/7 12. They were built to serve the Trans-Alaska Pipeline System. Ch Eng on Chemical Tanker/ Salary 8000$ / 5+1 months at Amergo Group Nationality Only Ukraine 12-06-2020 Electrician on Reefer / URGENTLY at Amergo Group, Anywhere 12-06-2020 Electrician on Bulk Carrier / 3000-3600 USD at Amergo Group, Anywhere 12-06-2020. Aker Philadelphia Shipyard Delivers Second Aframax Tanker, Eagle Bay, to SeaRiver Maritime. The ship slowly but steadily, went out of control, with magnetic compass deviating from that of gyro by some. Because the company operates 1 VLCC, 26 Suezmax, and 18 Aframax in. Euronav is the largest NYSE listed independent crude oil tanker company in the world. Activity is the total of all likes and shares for relevant network posts. Tank Calibration Chart Calculator Steel Tanks Entering information in the following forms create a tank chart for metal rectangular and flat-end cylindrical liquid storage tanks. Aframax vessels tend to stick to regular, shortsea routes and are deployed by Sovcomflot in the Baltic and North Sea area. These categories are ULCCs, VLCCs, Suezmax, Aframax, Panamax and. Ultra large crude carriers (ULCC) can carry in excess of 320,000 DWT, roughly three million barrels of oil. The first Russian Aframax tanker “Vladimir Monomakh” was heaved off at the Zvezda Shipbuilding Complex. Shuttle tankers transport crude oil from offshore oil wells to terminals, refineries or bigger tankers where subsea pipelines are not feasible. [:es]Sovcomflot has ordered two more aframax tankers able to run on liquified natural gas (LNG) bunker fuel joining the four it ordered earlier this year. AFRA is acronym for Average Freight Rate Assessment, used by the major oil companies, traders and other market players as a source of unbiased market rates. Tanker Market Outlook (April 2020) 18. Alexandros’ connections and jobs at similar companies. As a leading Technical and Commercial tanker operator, AMCL is presently managing VLCC and Aframax fleet owned by China Merchants Energy Shipping Company Limited and China VLCC Company Limited, while AMCL is also willing to provide tanker management services for other ship owners in the future. The ship is designed to transport oil in unrestricted navigation Rosneft says the first Russian Aframax tanker “Vladimir Monomakh” was heaved off at the Zvezda Shipbuilding Complex. Teekay is the largest operator of mid-sized tankers including suezmax, aframax, and long range two (LR2) vessels. The vessel. The new service is based on assessments made by independent third-party ship management companies Anglo Eastern, Fleet Management and V-Ships. ANNEX 1 GLOSSARY OF KEY SHIPPING TERMS Aframax A tanker of 80. An Aframax vessel is an oil tanker with a deadweight between 80,000 and 120,000 metric tonnes. Russia's first Aframax tanker, the Vladimir Monomakh, was launched at the Zvezda Shipyard, an industrial complex located some 80 miles outside of Vladivostok in the Russian Far East. From state-of-the-art LNG vessels to incredibly handy 'MR Handysize' and technically advanced Aframax tankers. An Aframax ship is an oil tanker with capacity between 80,000 dwt and 120,000 dwt. Supported owner with bid package and shipyard solicitations (2010-preent). This vessel operates in the Scorpio LR1 Tanker Pool (SLR1P). Stealthgas Inc. The new Aframax design emphasises energy efficiency to provide lower operating costs and enhanced environmental performance. 000 mt deadweight and with a breadth above 32. pantheon tankers management ltd Pantheon Tankers Management (PTM) is a leading independent Shipping Company providing ship management services to the Tanker sector. SBM will supply, lease and operate a converted FPSO The Fram field is located in United Kingdom continental […]. SCF’s LNG-fuelled Aframax tankers Sovcomflot was one of the first companies in the shipping industry which decided to operate Aframax ships, specially designed for alternative fuel - liquefied natural gas. Apr 21, 2020 · The valuation of crude tanker companies is a complex affair, as the crude tanker market gets impacted by a variety of factors which include the oil prices, demand and supply from various regions By comparison, VLCC freight rates were at about $30,000 per day at the start of March before Saudi Arabia pledged to unleash its vast. Type of vessel operated are oil, product and chemical tankers. With so many options to choose from, trying to identify which …. The Greek shipping company is said to be finalising a deal for a single. The company, one of the largest oil tanker shipping companies in the world, currenty owns 36 VLCCs, including one VLCC designated as floating storage unit, 4 MRs and 1 Aframax. Petersburg, is just one in a series of 10 tankers. Eletson owns and operates one of the world's largest fleets of medium and long range product tankers. Chief officer -9500 USD - Min 12 months actual sea time on tankers 2. in the Chinese shipyard. Weber Company, Inc. SCI is the largest Tanker owner in India, with a well-diversified fleet of crude oil tankers consisting of all sizes: MR, LR-I, LR-II, Aframax, Suezmax and VLCC Tankers. An Aframax tanker typically cost about $65 million ($62 million for a 5 year old) and the spot market rate is about $33,500 per day. [email protected] (Heidmar) is one of the world's leading commercial operators of handy, product, panamax, aframax, suezmax and VLCC tankers with a staff of about 60 people with offices in the United States, the United Kingdom and Singapore. The Aframax tanker was launched with the Vympel floating transfer dock, one of the largest in Russia. We have not included FPSOs or. Due to their favorable size, Aframax tankers can serve most ports in the world. Oil Tanker Ships for Sale. She has more built-in steel in her sturdy ice belt, extra-strengthened frames, and an ice-propeller that is more robust than normal. Within this time, the tanker was rolled by a vessel trolley-transporter from the open outfitting slip to the floating dock, and then taken to the waters. In 2018, Shell chartered four LNG dual-fuel Aframax crude oil tankers on a long-term basis. oil tanker monohull. (aframax/LR2) Blue Fin Tankers Inc. Sovcomflot has ordered two more aframax tankers able to run on liquified natural gas (LNG) bunker fuel joining the four it ordered earlier this year. If you would like to explore your opportunities in the entire tank work you are welcome! We have a lot of various marine jobs for tanker fleet. 3x aframax crude oil tankers for sale - 1999 / 2003 blt, 108. Responsible for the spot chartering of Zodiac's Aframax crude oil tankers in Middle East, SE Asia, Australia and USWC carrying Crude, Fuel Oil and other Dirty Petroleum Products (DPP) for all the Major Oil Companies and Traders. MR Product Tanker: 51,000 mt dwt, built in "first class competitive yard", first class main engine maker. As a result, the Company has increased its liquidity position by approximately $60 million after the repayment of […]. (NASDAQ: DCIX), a global shipping company specializing in the ownership of vessels, today announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to purchase a 2007 built Aframax tanker vessel, the M/T FSL Shanghai, from an unaffiliated third party seller for a total purchase price of US$26. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/t Blue Moon (formerly “Maersk Jeddah”), a 2011-built Aframax tanker vessel of 104,623 dwt that the Company entered into an agreement to purchase in June 2019. Heidmar is the original pool manager in the tanker space and is committed to innovation, performance, and transparency. SLR1P is operated by SCM. The Stena Ice-Aframax is a crude oil tanker designed to navigate in extreme ice conditions with 1. Our company offers highly specialised services including liquid tanker, freight shipping, general cargo and gas. Spot tanker rates saw extreme rate volatility during the fourth quarter due to short-term fleet supply tightness and strong oil and tanker demand in the run-up to IMO 2020. 3 mill dwt) The South Korean concern has shot up the rankings thanks to the. ; Job suggestion you might be interested based on your profile. The Company has one such Floating Storage & Offloading vessel (FSO) which is a modified Aframax tanker. Since that time the Angelicoussis Group has ordered more than 150 ships mainly in Korea and in China including VLCCs, Suezmaxes, Aframaxes, large bulk carriers, LPG carriers and four. Samos Steamship expands its fleet with a single aframax tanker newbuilding Greek shipping company has a total of four tankers on order at Japanese shipyards. blt 06/2007 at dalian shipbuilding. The firm that owns the crude tanker leases the ship under a complicated contract to oil marketers, oil refiners, chemical companies, or other users like contractors representing governments. Asian Aframax freight rates hit a two-year low June 22 amid a sharp decline in cargo volumes and an increasing surplus of tonnage in Southeast Asia and the Persian Gulf, S&P Global Platts data showed. Complete shipping profile of Eighth Aframax Tanker Corporation - EATT including Eighth Aframax Tanker Corporation shipment volumes, customers, vessels, and ports of lading and unlading. Major US-based fund buys stake in DHT Holdings US-based investment fund Fidelity now owns 10 percent of tanker ship operator DHT Holdings, according to a press release. Teekay Tankers currently owns a fleet of double-hull Aframax tankers, double-hull Suezmax tankers, product tankers and one VLCC, which an affiliate of Teekay Corporation manages through a mix of short- or medium-term fixed-rate time-charter contracts and spot tanker market trading. shipyard. , mainly offers Brokering services for the VLCC and ULCC market for the Tanker Market. Frontline is a world leader in the international seaborne transportation of crude oil. Our modern and flexible fleet of tankers, ranging from Intermediate, MR to Aframax tankers. TANKER FLEET. Namely Panamax for vessels between 60,000 to 75,000 dwt via its participation in Panamax Internationals (PI), which is a joint venture between Ultratank and two major international ship owners based in the US and Ecuador. (VLCC) Offering around-the-clock service to customers on a worldwide basis, our main focus has always been and remains to provide safe, efficient transportation and high-quality service. pantheon tankers management ltd Pantheon Tankers Management (PTM) is a leading independent Shipping Company providing ship management services to the Tanker sector. Firefighters attended Hellenic Tankers’ [mt]Aframax River[/mt], which is berthed at the Intercontinental Terminals Company facility, at around 02:00hrs (local time) and extinguished the blaze successfully. Teekay is the largest operator of mid-sized tankers including suezmax, aframax, and long range two (LR2) vessels. (Wärtsilä) says it has launched a new, highly efficient design for Aframax tankers. ANNEX 1 GLOSSARY OF KEY SHIPPING TERMS Aframax A tanker of 80. TEN is the Tsakos Group publicly quoted tanker company, which as three VLCCs, 10 Suezmaxes, seven Aframaxes, three LR2s, seven Panamaxes, 14 MRs, plus an LNGC on its books. Kikuma (formerly “FSL Shanghai”), a 2007-built Aframax tanker of 115,915 dwt that the Company entered into an agreement to purchase in February 2020. , We Handle Both the Clean and Dirty Petroleum Products. Maersk Tankers’ Aframax pool provides enhanced commercial performance for owners with uncoated Aframax tankers and LR2s trading dirty petroleum products. N2Tankers brings the shipowning and operational expertise of Nissen Kaiun and Reederei Nord under one central umbrella administration for the first time. Teekay is the largest operator of mid-sized tankers including suezmax, aframax, and long range two (LR2) vessels. The powerful new-generation tanker is designed to transport oil in unrestricted navigation. As Aframax vessels are mainly used in transporting crude oil, they are sometimes called ‘dirty tankers’. From state-of-the-art LNG vessels to incredibly handy ‘MR Handysize’ and technically advanced Aframax tankers. An owner-managed vessel pool with complete transparency. At least 20 such tankers including those controlled by Clearlake, Cardiff and ones in the Heidmar pool have either cleaned up or are in the process of doing so over the next few weeks, they said. Our modern and flexible fleet of tankers, ranging from Intermediate, MR to Aframax tankers. The vessel is designed in compliance with high environmental safety standards. Tsuneishi Shipbuilding Company, TSUNEISHI Holdings Corporation (Head Office: 1083 Tsuneishi Numakuma-cho Fukuyama-city, Hiroshima, CEO: Takao Kawamoto) handed over a crude oil tanker with a capacity of 107,500 MT deadweight (AFRAMAX tanker*) to CLIO MARINE INC. Charterers are struggling to get LR2s for loading distillate and naphtha cargoes. Emarat Maritime deploys its fleet of modern SUPRAMAX & ULTRAMAX (55000 dwt to 61000 dwt) Bulk Carriers and AFRAMAX Tankers for worldwide trading. Aframax tankers will be the first vessels of such type built in the Russian Federation. Asian Aframax freight rates hit a two-year low June 22 amid a sharp decline in cargo volumes and an increasing surplus of tonnage in Southeast Asia and the Persian Gulf, S&P Global Platts data showed. With so many options to choose from, trying to identify which …. New Aframax tanker order. The firm that owns the crude tanker leases the ship under a complicated contract to oil marketers, oil refiners, chemical companies, or other users like contractors representing governments. Discussing company's recent transformation into an operator of Aframax tankers. Other companies which are exploring the possibility of a switchover include Teekay Tankers, they added. Teekay Tankers's preferred stock for the quarter that ended in Dec. , We Handle Both the Clean and Dirty Petroleum Products. Frontline is a world leader in the international seaborne transportation of crude oil. 12 Star Ship Management Co. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of vessels, announced that, through a separate wholly-owned subsidiary, it has taken delivery of the M/T P. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of  containerships and tanker. Ship (tanker) Broking, Refined Petroleum Products (CPP), Vessel Rane : Small, Handy, Mr, Lr1 and LR2 for Clean Petroleum Products. According to shipbroking sources, the Hyundai Heavy-built vessel was sold for a price of $8. An Aframax Oil Tanker A 4 degrees of freedom ship performance prediction model is used to compare wind-assisted ship propulsion technologies: the Flettner rotor, a wingsail and the DynaRig concept. Greek shipowner Performance Shipping has agreed to expand its fleet with a 2007-built Aframax tanker. A set of agreements between PAO Sovcomflot (SCF Group), Rosneft, the State Transport Leasing Company (STLC) and Zvezda Shipbuilding Complex will see the construction of five Aframax tankers for. FSL Trust in aframax tanker deal with Teekay Apr 18, 2017. Eletson owns and operates one of the world's largest fleets of medium and long range product tankers. About the Company. (VLCC) Offering around-the-clock service to customers on a worldwide basis, our main focus has always been and remains to provide safe, efficient transportation and high-quality service. Performance • Transparency • Relationships Heidmar is the original pool manager in the tanker space and is committed to innovation, performance, and transparency. Investors can now benchmark the costs of operating crude oil carrying Aframax tankers and clean product carrying Medium Range (MR) tankers after the Baltic Exchange added quarterly assessments of these vessels to its suite of shipping investor tools. Posts Tagged 'Aframax type tanker'. The corporation has 139 tanker assets, including Aframax tankers, FPSO's, LNG carriers, LPG carriers, LR2 product tankers, Suezmax tankers, and a VLCC. The vessel was transiting in northern direction, but suffered problem with the main engine during passage through the strait and proceeded with reduced speed. Leveraging on 50-year long expertise of the Group, the Company has. - having experience in same rank and type of vessel minimum 2 years. Starting with the acquisition of 2nd hand vessels in a very short time it was operating a fleet of 17 ships, mainly Japanese built. Ship (tanker) Broking, Refined Petroleum Products (CPP), Vessel Rane : Small, Handy, Mr, Lr1 and LR2 for Clean Petroleum Products. The Aframax tankers are to be delivered before end of 2011 and will be named Gulf Vision and Gulf Valour. The Company objectives are:. Major Fire Blazing on Aframax Crude Oil Tanker Jag Leela At least 22 people were injured when a crude oil tanker burst into flames at one of Indonesia's busiest ports on Monday with rescuers. Length: 247. ATHENS, Greece, Aug. Clean tanker freight rates are at an all-time high and dirty ships are keen to get it. Based on our Clients requirements. +41 (0)22 545 7534. Advantage is incorporated in the Republic of the Marshall Islands with executive offices in Geneva and London. SMRP is operated by SCM. Most Popular Today. According to an article published in Maritime Bulletin, weird stuff is being reported in the Indian ocean with an Aframax out of control for some 5 hours. Aframax and Suezmax tanker market study Client: Leading Chinese financial leasing company The client, an experienced financier in the container vessel leasing market keen on expanding into other sectors, was assessing potential entry into financial and operational leasing in the crude tanker markets. read more >>. MTM was first involved in newbuilding activity in September 1994, shortly after the establishment of the company, with an order for four Aframax tankers. If you’re looking for an oil tanker for sale, then look no further because we have it all, from VLCC tanker, Aframax tanker, Panamax tanker & etc. From state-of-the-art LNG vessels to incredibly handy 'MR Handysize' and technically advanced Aframax tankers. in the Chinese shipyard. As a leading Technical and Commercial tanker operator, AMCL is presently managing VLCC and Aframax fleet owned by China Merchants Energy Shipping Company Limited and China VLCC Company Limited, while AMCL is also willing to provide tanker management services for other ship owners in the future. Da Nang (/(ˌ) d ɑː, d ə ˈ n æ ŋ, ˈ n ɑː ŋ / dah, də NANG, NAHNG; Vietnamese: Đà Nẵng, [ɗâː nǎˀŋ] ) is a class-1 municipality and the fifth-largest city in Vietnam by population. Historical satellite imagery acquired during February and April 2014 suggests Iran was able to deliver its first Aframax tanker, the Sorocaima, to what we assume was Venezuela. Afranav Maritime statement, provided in writing to Lloyd’s List, echoes similar pledges made by Dynacom Tankers, NGM Energy and Thenamaris US wields ‘stick-and-carrot’ policy to warn owners away from Venezuela :: Lloyd's List. - 1995 Flag - UAE Salary - 2600 $ COE - 6+/-1 Required: similar experience. (NASDAQ: DCIX), (the. The order was placed with Wärtsilä’s joint venture company in China, Wärtsilä CME Zhenjiang Propeller Co Ltd (WCME), in December 2015. +41 (0)22 545 7534. The Aframax tanker was launched with the Vympel floating transfer dock, one of the largest in Russia. in the Chinese shipyard. The ship is designed to transport oil in unrestricted navigation Rosneft says the first Russian Aframax tanker “Vladimir Monomakh” was heaved off at the Zvezda Shipbuilding Complex. In July 2018 the two companies launched a JDP with the aim of producing a ready-to-build design for an LNG-fuelled 115,000 dwt Aframax tanker. Aframax Tankers: The name Aframax comes from the Average Freight Rate Assessment (AFRA) system. Norway’s Bergshav Shipping will see earnings decline from an eight-year-old aframax tanker that it has on long-term charter from Harry Vafias-linked Stealth Maritime. Type of vessel operated are oil, product and chemical tankers. PTM is committed to providing world-class ship management services, meeting or exceeding, safety, environmental and customer requirements and conducting its operations in a manner. 12 Star Ship Management Co. has two reportable segments, its conventional tanker segment and its ship-to-ship transfer segment. The Company also expects to take delivery of one Aframax tanker vessel by the beginning of November 2019. Other leading Greek shipping companies have also recently opted for Wärtsilä FPPs. The tanker will have a deadweight tonnage of 118,000t. is one of the foremost spot and period tanker chartering brokers in the world. This resulted in a proliferation of ships of 79,999 TDW. Oil Tankers Ship carrying crude oil or refined products M. , mainly offers Brokering services for the VLCC and ULCC market for the Tanker Market. The size of tankers we deal with ranges from 20,000 dwt ships carrying refined petroleum products (including naphtha, jet fuel, gasoline, gasoil and fuel oil) to crude oil tankers in excess of 300,000 dwt. As a large Canadian ship-owner operating a fleet of some 150 ships, Teekay Tankers is expanding its fleet in energy transportation with. Eletson owns and operates one of the world's largest fleets of medium and long range product tankers. This is shipped in VLCC, Aframax and Suezmax tanker vessels. Due to their favorable size, Aframax tankers can serve most ports in the world. Five Top Tanker Stocks -- and How to Trade Them. Dubai-based tanker owner Kader Management and Shipping has acquired the 2000-built 105,900 dwt aframax tanker from UK owner Zodiac Maritime. The following table lists all subsidiaries of International Seaways, Inc. 3 mill dwt) The South Korean concern has shot up the rankings thanks to the. The new Aframax tanker concept was launched by Deltamarin and Aker Arctic in September 2015. - having experience in same rank and type of vessel minimum 2 years. The creation of the N2Tanker Aframax tanker pool is a bold step for Nissen Kaiun and Reederei Nord Japanese tanker operator Nissen Kaiun and Reederei Nord of Germany have formed N2Tankers, an Aframax tanker pool commercially operated out of Amsterdam and Singapore. An Aframax ship is an oil tanker with capacity between 80,000 dwt and 120,000 dwt. The MarketWatch News Department was not involved in the creation of this content. Q88's tanker information management software allows operators, charters and brokers to collaborate on chartering and vetting processes, with information kept updated in real time. Dalian New Shipbuilding Heavy Industry, and bought by PB Tankers for Edison. SBM will supply, lease and operate a converted FPSO The Fram field is located in United Kingdom continental […]. Charterers are struggling to get LR2s for loading distillate and naphtha cargoes. 03 per share. 2 years in age. About Aframax tankers. marine affiliate. We have not included FPSOs or. They will be the first vessels of such type built in Russia in compliance with high ecological standards. According to an article published in Maritime Bulletin, weird stuff is being reported in the Indian ocean with an Aframax out of control for some 5 hours. DS-Tankers will ensure that the concept of safe and healthy operations are conveyed and understood by all employees and that safe working practices are fully implemented ashore and on board all its ships. 4 mill dwt newbuildings) TAKER Operator's Top 30 owners and operators This list has been compiled in terms of deadweight tonnage and includes companies owning or operating mainstream large crude carriers, chemical and products tankers of over 10,000 dwt. , a global shipping company specializing in the ownership of vessels, announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to purchase a 2007 built Aframax tanker vessel, the M/T FSL Shanghai, from an unaffiliated third party seller for a total purchase price of US$26. VLCC Aframax. Kikuma, its fourth Aframax tanker vessel, which marks an additional step in becoming a pure tanker owning company. 6 61241/35879 NISSOS PAROS 2012. As of November 2010, there are 11,127 oil tankers in operation hauling anywhere from 500,000 to 4 million barrels of oil each. The Greek shipping company is said to be finalising a deal for a single. PORT OF BELAWAN, INDONESIA – Fire broke out on a dry docked Afromax crude oil tanker, the JAG LEELA, on May 11 in the morning at the Port of Belawan in northern Sumatra, Indonesia. Discussing company's recent transformation into an operator of Aframax tankers. Tag: Aframax-class tankers. (NYSE : TNP), a leading crude, product and LNG tanker operator, today announced the delivery of the Aframax crude tanker "Thomas Zafiras". (NASDAQ:DRYS), or DryShips or the Company, a diversi- fied owner of ocean going cargo vessels, announced today that has taken delivery of the previously an- nounced 115,666 deadweight tons Aframax tanker built in 2012, which will be employed in the spot market. Preparation for the launch took almost a day. with ever increasing international regulations, for vessel owners and partners through its he combined fleet pooled under N2Tankers consists of 13 result in companies’ looking for an operating creative scheduling solutions, bespoke IT Aframaxes built between 2007- cost reduction. Concord Maritime, LLC is pleased to announce that Emarat Maritime will place its 2010-built, 115k-dwt 'Dubai Charm' into the Dakota Tankers Aframax Pool in December. This resulted in a proliferation of ships of 79,999 TDW. LOA about 183m, beam about 32. (NASDAQ:DCIX), (the "Company"), a global shipping company specializing in the ownership of vessels, today announced that. Contact Advantage Tankers LLC 4, chemin des Papillons 1216 Cointrin ¬ Geneva Ph. The Company also expects to take delivery of one additional Aframax tanker vessel by the end of January 2020. The company is a leading player in the product tanker industry, operating one of the largest fleets of vessels and employs over 3,000 employees worldwide. Asian Aframax freight rates hit a two-year low June 22 amid a sharp decline in cargo volumes and an increasing surplus of tonnage in Southeast Asia and the Persian Gulf, S&P Global Platts data showed. But their operational practices vary from region to regions. Delete all. Heidmar is the original pool manager in the tanker space and is committed to innovation, performance, and transparency. Ship registration information shows the vessel has been. has had an exceptional record of growth. OSG, a market leader providing energy transportation services, today announced that it will build four, 114,000 dwt 44-meter beam Aframax tankers at the New Times Shipbuilding Co. Despite a long history of abusing outside equityholders, Performance Shipping recently announced a number of. Deadweight of the Aframax tanker varies from 80 000 tons to 120. The 112,000-deadweight-tonnage ship is scheduled for delivery by January 2022, according to Lundqvist Rederierna. ’A disciplined lack of ordering and a continuation of high rates. The size of tankers we deal with ranges from 20,000 dwt ships carrying refined petroleum products (including naphtha, jet fuel, gasoline, gasoil and fuel oil) to crude oil tankers in excess of 300,000 dwt. Contact the shipping company of your dreams now to working on AHTS, Jackup Barge, Bunker Tanker, VLCC, Aframax, Bulk Carrier Vessel. Baltic Exchange introduces new OPEX assessments for tankers. Vortexa data shows 35 tankers transitioning in Q4 2019 into the dirty tanker market, from being clean previously. The Aframax and Suezmax tankers are all ice class 1 A FS. Performance Shipping Inc. Ship registration information shows the vessel has been. A table describing the current Performance Shipping Inc. Register now to reach dream jobs easier. Humboldt Shipmanagement Provides shipmanagment services to the Group’s companies including ao. (aframax/LR2) Blue Fin Tankers Inc. Its tankers segment includes crude oil tankers and product tankers. Aframax tankers will be the first vessels of such type built in the Russian Federation. We take pride that the Teekay logo on our funnel is an industry-respected symbol of quality. Pleiades Shipping Agents is poised to order an aframax tanker at Daehan Shipbuilding. The new Wärtsilä Aframax tanker design meets all these criteria, and we are proud to offer this segment the combination of state-of-the-art design and superb propulsion machinery that can produce meaningful savings,” said Riku-Pekka Hägg, vice-president Wärtsilä Ship Design. Asian Aframax freight rates hit a two-year low June 22 amid a sharp decline in cargo volumes and an increasing surplus of tonnage in Southeast Asia and the Persian Gulf, S&P Global Platts data showed. 2020, and would reach the next crest around Jan. Nordic showed strong share gains in the last quarter of 2019, getting support from increases in the daily market rates for tanker operations. Leveraging on 50-year long expertise of the Group, the Company has. Shuttle tankers transport crude oil from offshore oil wells to terminals, refineries or bigger tankers where subsea pipelines are not feasible. The Chartering team is also active in: Chartering-in of tonnage. Other companies which are exploring the possibility of a switchover include Teekay Tankers, they added. oil tanker cargo ship DWT : 318, 157, 115, 320 t and more fuelefficient technology for tankers for the future as well as designing new systems for next generation smart ships. Sigma Tankers Inc. 5 TII 11,400 kw at 77. TEN is the Tsakos Group publicly quoted tanker company, which as three VLCCs, 10 Suezmaxes, seven Aframaxes, three LR2s, seven Panamaxes, 14 MRs, plus an LNGC on its books. Asian Aframax freight rates hit a two-year low June 22 amid a sharp decline in cargo volumes and an increasing surplus of tonnage in Southeast Asia and the Persian Gulf, S&P Global Platts data showed. and For Dirty Petroleum Products Vessel range upto AfraMax. 12 Star Ship Management Co. Discussing company's recent transformation into an operator of Aframax tankers. [email protected] My filters. Performance Shipping Inc. ATHENS, Greece, Jun 22, 2020 (GLOBE NEWSWIRE via COMTEX) -- ATHENS, Greece, June 22, 2020 (GLOBE NEWSWIRE. Kikuma, its fourth Aframax tanker vessel, which marks an additional step in becoming a pure tanker owning company. 05, 2019 (GLOBE NEWSWIRE) -- Performance Shipping Inc. MT "Bai Lu Zhou" Abt 110,503 Mtdw on 15,50M Blt June 2007 Dalian Shipbuilding Industry Co. Tsuneishi Shipbuilding Company, TSUNEISHI Holdings Corporation (Head Office: 1083 Tsuneishi Numakuma-cho Fukuyama-city, Hiroshima, CEO: Takao Kawamoto) handed over a crude oil tanker with a capacity of 107,500 MT deadweight (AFRAMAX tanker*) to CLIO MARINE INC. With the earnings for an Aframax trading crude from the Arabian Gulf to South East Asia at USD 33,400/day for a ‘dirty’ voyage versus USD 24,500/day for a ‘clean’ trip, a portion of the LR2 Aframax product carrier fleet will switch from ‘clean’ to ‘dirty’ to take advantage of market discrepancies, according to Poten & Partners’ latest Tanker Opinion. The proceeds in time charter equivalent terms, equate to approximately $200 million over the minimum duration. oil tanker (45) oil tanker cargo ship / Aframax. The term is based on the Average Freight Rate Assessment (AFRA), a tanker rate system created in 1954 by Shell Oil to stand. Wärtsilä Corp. SCF's LNG-fuelled Aframax tankers Sovcomflot was one of the first companies in the shipping industry which decided to operate Aframax ships, specially designed for alternative fuel - liquefied natural gas. Frontline is a world leader in the international seaborne transportation of crude oil. Sellers, being state - owned company, no official price ideas. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/t Blue Moon (formerly “Maersk Jeddah”), a 2011-built Aframax tanker vessel of 104,623 dwt that the Company entered into an agreement to purchase in June 2019. Other companies which are exploring the possibility of a switchover include Teekay Tankers, they added. In the LOOP: Larger Suezmaxes making more trips from USGC to Europe on rising Aframax rates. (Heidmar) is one of the world's leading commercial operators of handy, product, panamax, aframax, suezmax and VLCC tankers with a staff of about 60 people with offices in the United States, the United Kingdom and Singapore. As panel brokers for all of the major oil companies and traders in the United States and many overseas our dedicated multi-national team of experienced brokers and operations managers utilise the latest technology, exercise the highest. We score social media posts from -100 to 100 based on our prediction of their sentiment and network visibility. The Aframax sector was further developed with a program of seven modern last generation ships, two of which of LRII Type, all built in Japan at Mitsui Engineering Shipyards, delivered between 2003 and 2009. An Aframax vessel is an oil tanker with a deadweight between 80,000 and 120,000 metric tonnes. Deadweight of the Aframax tanker varies from 80 000 tons to 120. Aframax Tankers: The name Aframax comes from the Average Freight Rate Assessment (AFRA) system. 2nd Engineer Salary 7000USD. The Aframax tanker was launched with the Vympel floating transfer dock, one of the largest in Russia. In the product tanker segment, KMSC owns a fleet of crude oil and refined product tanker in medium-range (MR), long-range (LR) and AFRAMAX tankers with the aim of travel into different ports or through certain straits and channels, also its vessels on long term bareboat, time & voyage charters that provide stable, predictable cash flow. Special survey passed. Download the datasheet for Wärtsilä Ship Design WSD 42 111K , meeting EEDI of 2025 requirements. An oil tanker, also known as a petroleum tanker, is a ship designed for the bulk transport of oil or its products. #MINERVA #GLORIA #Crudeoil #tanker #Aframax Aframax Crude oil tankership MINERVA GLORIA interrupted her voyage from Venezuela to Germany and headed for Azores, reporting 47-year old Greek Master. Russia's first Aframax tanker, the Vladimir Monomakh, was launched at the Zvezda Shipyard, an industrial complex located some 80 miles outside of Vladivostok in the Russian Far East. The two fully coated vessels with a capacity of 114,700 DWT each are capable of carrying both clean petroleum products and dirty products such as crude and fuel oil. • Ensured that Vessels Survey/Docking Schedules/ Budgets and Operations were managed in line with Company / Owners policies. Unusual strengthening in the US Aframax tanker market has compelled more crude oil shippers to use larger Suezmax vessels in recent weeks, according to shipping sources. Oil tankers from Hong Kong cleared at al-Shuaiba port in Kuwait 2012-2017 Number of oil spills by oil tankers 1970-2019 Global number of oil ports by country 2018. Alexandros Koukoravas’ profile on LinkedIn, the world's largest professional community. Stavanger Blossom. Advantage is incorporated in the Republic of the Marshall Islands with executive offices in Geneva and London. Crude tankers come in a variety of sizes and uses, but investors typically talk about three main classes; Aframax, Suezmax, and Very Large Crude Carriers, or VLCCs. Mitsui E&S Shipbuilding Co. Crude Oil Tankers Ultranav is active in two main crude oil sectors. ( for oil tanker in aframax tanker, for LPG in gas tanker ) - having experience with mix. Performance Shipping Inc. The creation of the N2Tanker Aframax tanker pool is a bold step for Nissen Kaiun and Reederei Nord Japanese tanker operator Nissen Kaiun and Reederei Nord of Germany have formed N2Tankers, an Aframax tanker pool commercially operated out of Amsterdam and Singapore. An Aframax ship is an oil tanker with capacity between 80,000 dwt and 120,000 dwt. Alexandros’ connections and jobs at similar companies. 954 million, last year's revenue is $1. home,page-template,page-template-full_width,page-template-full_width-php,page,page-id-17803,page-home,ajax_fade,page_not. These vessels typically deal in a relatively inelastic product making for consistent and predictable demand side gains. +41 (0)22 341 4326 Fax. Firefighters attended Hellenic Tankers’ [mt]Aframax River[/mt], which is berthed at the Intercontinental Terminals Company facility, at around 02:00hrs (local time) and extinguished the blaze successfully. Aker Philadelphia Shipyard Delivers Second Aframax Tanker, Eagle Bay, to SeaRiver Maritime. The tanker derives its name from AFRA which stands for Average Freight Rate Assessment. The operation witnessed many milestones as it was the first time LNG ship-to-ship bunkering operation was performed in the Port of Rotterdam. In all cases, JMU strives to anticipate market needs to ensure that we can always develop and supply the most advanced types of ships. My filters. Reederei Nord and Synergy Group, on behalf of Nissen Kaiun, have officially launched N2Tankers, a new Aframax tanker pool the two shipowning companies have set up as a joint venture. SCI is the largest Tanker owner in India, with a well-diversified fleet of crude oil tankers consisting of all sizes: MR, LR-I, LR-II, Aframax, Suezmax and VLCC Tankers. Preparation for the launch took almost a day, with the tanker being rolled by a vessel trolley-transporter from the open outfitting slip to the floating dock, before being launched into the water. Find out what high-yield investors need to know. The firm that owns the crude tanker leases the ship under a complicated contract to oil marketers, oil refiners, chemical companies, or other users like contractors representing governments. (SeaRiver), Exxon Mobil Corporation’s U. +41 (0)22 545 7534. "The answer to how long things are sustained and to what levels we go probably lies in politics," said ACM Braemar in its weekly report. Founded in 2012 by Tim Brennan and Eric Haughn, Penfield Marine LLC ("Penfield") is a boutique commercial management company operating tankers around the world in Penfield's Panamax/LR1 pool, Aframax/LR2 pool, and Suezmax pool. Aframax tankers will be the first vessels of such type built in the Russian Federation. SEA JAGUAR. Kikuma, its fourth Aframax tanker vessel, which marks an additional step in becoming a pure tanker owning company. 2off - 4500USD Min 12 month's actual sea time on tankers Engineers 1. Specially designed from a charterer’s perspective, our new buildings are engineered to provide faster maximum achievable speed, larger carrying capacity relative to vessels of the same class and double-up pumping capabilities. According to Signal Ocean, a 149,999-DWT Suezmax commercially operated by Dynacom Tankers. The ship slowly but steadily, went out of control, with magnetic compass deviating from that of gyro by some. We are Hiring indonesian Chief Officer for Aframax Oil Tanker. Founded in 2010, Heidmar's Seawolf VLCC Pool commercially manages a globally trading fleet of VLCCs through partnerships around the world. That being said, because the volumes are likely to be minimal, we would expect any heavy condensate volumes exported out of the U. PortandTerminal. A spin-off from Thenamaris Ships Management, who has been setting industry standards for nearly 40 years, we bring together shipping best practice with internet-age advanced analytics and management methods. As of November 2010, there are 11,127 oil tankers in operation hauling anywhere from 500,000 to 4 million barrels of oil each. Leveraging on 50-year long expertise of the Group, the Company has. According to an article published in Maritime Bulletin, weird stuff is being reported in the Indian ocean with an Aframax out of control for some 5 hours. Charterers are struggling to get LR2s for loading distillate and naphtha cargoes. ATHENS, Greece, Feb. The creation of the N2Tanker Aframax tanker pool is a bold step for Nissen Kaiun and Reederei Nord Japanese tanker operator Nissen Kaiun and Reederei Nord of Germany have formed N2Tankers, an Aframax tanker pool commercially operated out of Amsterdam and Singapore. “US-based brokerage company Poten & Partners sees this versatility as key to recovery for aframax crude tankers in particular. The following table lists all subsidiaries of International Seaways, Inc. My filters. What happened? An email was sent to all ships managed by a company, reporting abnormal phenomenon, which occurred onboard one of the ships of this company, Aframax tanker, early in the. 2ND EGINEER -10000USD - Min 12 month's actual sea time on tankers. • Managed a fleet of 7 VLCC, 3 Suezmax, 2 Aframax Tankers, with the assistance of 2 x technical superintendents and 2 x purchasers and 1 x tech executive, which made up part of the Tanker team. 50 DWT ON 14. ’A disciplined lack of ordering and a continuation of high rates. OSG, a market leader providing energy transportation services, today announced that it will build four, 114,000 dwt 44-meter beam Aframax tankers at the New Times Shipbuilding Co. Since 2003 EOTI has assisted in negotiating new building orders for one Very Large Crude Carrier (VLCC) at Hyundai Heavy Industries (HHI) in South Korea, two Aframax tankers at Sumitomo Shipyard in Japan, four Very Large Gas Carriers (VLGC) and three Aframax tankers (LR2) all at HHI. 20 such tankers including those controlled by the pool have either cleaned up. Teekay Tankers’ vessels are typically employed through a mix of short- or medium-term fixed-rate time charter contracts and spot tanker market trading. The tankers can be built with three configurations: a basic version using heavy fuel oil (HFO), a model that reduces pollution with a scrubber and selective catalyst. Register now to reach dream jobs easier. 0 metre thick ice. From state-of-the-art LNG vessels to incredibly handy ‘MR Handysize’ and technically advanced Aframax tankers. "The Company is pleased to have taken delivery of the M/T P. Main Engine type: 4) Mitsui MAN B&W 6S60 MC-C 5) Sulzer 7RTA58T Tank capacity: 114,727 - 128,714 m³. • Ensured that Vessels Survey/Docking Schedules/ Budgets and Operations were managed in line with Company / Owners policies. The company’s fleet consists of units ranging between smaller coastal units of 5. To offer the widest variety of petroleum and chemical transportation solutions for customers, Crowley has further committed its investment in the Jones Act and the revitalization of its product tanker fleet with the purchase of two U. Tanker fleet for all fitted with double hulls and zinc coated tanks and all dead weight tones. Teekay is the largest operator of mid-sized tankers including suezmax, aframax, and long range two (LR2) vessels. The creation of the N2Tanker Aframax tanker pool is a bold step for Nissen Kaiun and Reederei Nord Japanese tanker operator Nissen Kaiun and Reederei Nord of Germany have formed N2Tankers, an Aframax tanker pool commercially operated out of Amsterdam and Singapore. 17 SK Shipping (6. Moreover, tankers cost $40K-$70K per day for shipping 250k-2000k barrels. Concord Maritime, LLC is pleased to announce that Emarat Maritime will place its 2010-built, 115k-dwt 'Dubai Charm' into the Dakota Tankers Aframax Pool in December. Preparation for the launch took almost a day. Economou to potentially sell its six Aframax tankers, Belmar, Calida, Alicante, Mareta, Saga and Daytona. Due to their favorable size, Aframax tankers can serve most ports in the world. Finnish shipping company Lundqvist Rederierna has ordered a liquefied natural gas-powered Aframax tanker from Japan's Sumitomo Heavy Industries. The creation of the N2Tanker Aframax tanker pool is a bold step for Nissen Kaiun and Reederei Nord Japanese tanker operator Nissen Kaiun and Reederei Nord of Germany have formed N2Tankers, an Aframax tanker pool commercially operated out of Amsterdam and Singapore. Aframax type tanker with the deadweight of 114 000 tones is the third out of 10 modern large-range vessels designed for crude oil and oil products transportation ordered by Rosnefteflot, JSC. [email protected] ail Call: 03053990931. The Indonesian-flagged tanker was built in 1999 and is owned and managed by Waruna Nusa Sentana. Class CC SS 06/2022 DD 06/2020 Loa 244,50 Beam 42,00 Depth 21,90 M 12 Tanks 124,125 Cbm Pumps 3×3,000 twph Tar Epoxy (Deckhead and bottom upto 2 M) Coated Stainless Steel COILS SBT/IGS/COW. April 15 2020. The tankers, built in 1985 at El Ferrol shipyard in Spain, were. The Baltic Exchange has added quarterly assessments of the cost of operating crude oil carrying Aframax tankers and clean product carrying Medium Range (MR) tankers to its growing suite of shipping investor tools. ( for oil tanker in aframax tanker ) - having experience with mix nationality crew. Daily rates on main tanker routes as compiled by shipbroker Charles R. The Floating, Storage & Offloading Unit Alba Marina is the result of the conversion of oil tanker Seapride I, an Aframax with 109,000 dwt, 245m length and 42m beam, built in 1999. An oil tanker, also known as a petroleum tanker, is a ship designed for the bulk transport of oil or its products. An Aframax Oil Tanker A 4 degrees of freedom ship performance prediction model is used to compare wind-assisted ship propulsion technologies: the Flettner rotor, a wingsail and the DynaRig concept. 92 M BLT 10/2004 BY SAMSUNG HEAVY INDS - GEOJE (KRS) CLASS DNV-GL NEXT DD/SS: OCT 2019 / OCT 2019 LOA 249. Widely considered to be the work horses of the fleet, their size makes them ideally suited to. Requirement as bellow : - holding Valid document and Sertficate as per STCW 2010, minimum 1 years. Kikuma, its fourth Aframax tanker vessel, which marks an additional step in becoming a pure tanker owning company. The present paper focuses on the optimisation of cargo handling operations of tankers. N2Tankers brings the shipowning and operational expertise of Nissen Kaiun and Reederei Nord under one central umbrella administration for the first time. Teekay Tankers currently owns a fleet of nine double-hull Aframax tankers (including the Falster Spirit) and three double-hull Suezmax tankers, which an affiliate of Teekay Corporation manages through a mix of short- or medium-term fixed-rate, time-charter and spot-tanker-market trading. AFRA system was created in 1954 by Shell Oil to standardise contract terms. The first Russian Aframax tanker Vladimir Monomakh was heaved off at the Zvezda Shipbuilding Complex. The Company objectives are:. The operation witnessed many milestones as it was the first time LNG ship-to-ship bunkering operation was performed in the Port of Rotterdam. The powerful new-generation tanker is designed to transport oil in unrestricted navigation. This resulted in a proliferation of ships of 79,999 TDW. The vessel is designed in compliance with high environmental safety standards. Latest data from Clarksons indicates that of 130 newbuilding contracts recorded so far in 2017 for all vessel types, 21 of these are for vessels with LNG fuel capabilities. However, the 2014-15 rally in the tanker market allowed the Aframax to start playing catch-up, and cumulative Aframax earnings between October 2008 and September 2016 reached around $31m. SHIP FOR CHARTER is a branch of CRESGNOCK INTERNATIONAL, an independent service provider in Oil, Gas and Vessel business based in Roswell, Georgia in the U. The Aframax class tanker is largely used in the basins of the Black Sea, the North Sea, the Caribbean Sea, the China Sea and the Mediterranean. The proceeds in time charter equivalent terms, equate to approximately $200 million over the minimum duration. Founded in 2010, Heidmar's Seawolf VLCC Pool commercially manages a globally trading fleet of VLCCs through partnerships around the world. In the Panamax class, we have constructed both crude oil and product tankers. Aframax Tankers: The name Aframax comes from the Average Freight Rate Assessment (AFRA) system. (aframax/LR2) Blue Fin Tankers Inc. 4K DWT, 12 TANKS, EPOXY COATED, DH DB, DPP 1999 BLT AFRAMAX DPP TANKER FOR SALE – 105. Other leading Greek shipping companies have also recently opted for Wärtsilä FPPs. ATHENS, Greece, Jun 22, 2020 (GLOBE NEWSWIRE via COMTEX) -- ATHENS, Greece, June 22, 2020 (GLOBE NEWSWIRE.
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