NYK Inks Long-Term Charter Agreement For Two Methanol-Fueled Chemical Tankers

NYK Bulkship (Asia) Pte. Ltd., an NYK Group company based in Singapore, has signed a long-term time charter contract with Waterfront Shipping Company Limited (WFS)* for two newly built chemical carriers. The new ships will each be equipped with a dual-fuel engine that enables the vessels to be powered not only by marine fuel oil but also methanol, which is a clean-burning, eco-friendly fuel.

After delivery from the Hyundai Mipo Dockyard (Korea) in 2022, the vessels will be delivered to WFS, a...

https://www.marineinsight.com/shipping-news/nyk-inks-long-term-charter-agreement-for-two-methanol-fueled-chemical-tankers/

Stolt Tankers To Purchase Five 26,000 dwt Chemical Tankers From CTG

Tanker ship Stolt Emerald

Stolt-Nielsen Limited announced that Stolt Tankers B.V. has agreed to acquire five chemical tankers from Chemical Transportation Group (CTG) for trading in the Stolt Tankers Joint Service.

Representation Image

The five ships, which are 26,000 dwt and with stainless steel cargo sections, were built in China in 2016 and 2017. The purchase of each ship is expected to close between December 2020 and February 2021. Further terms of the transaction were not disclosed.

Commenting on the purchase, Stolt...

https://www.marineinsight.com/shipping-news/stolt-tankers-to-purchase-five-26000-dwt-chemical-tankers-from-ctg/

Bahri Signs $410M Agreement To Receive 10 New Chemical Tankers From HMD

Hyundai_HHI_Shipbuilding

Bahri, a global leader in logistics and transportation, signed a new agreement with Hyundai Mipo Dockyard, a member of Hyundai Heavy Industries (HHI) Group, which owns one of the largest state-of-the-art shipyards in the world, to build ten 49,999-dwt Medium Range (MR) chemical tankers.

Valued at USD 410 million (SAR 1.537 billion), the agreement was signed recently at a virtual ceremony, between Abdullah Aldubaikhi, CEO of Bahri, and Seung-Yong Park, Chief Operating Officer and Senior Executive...

https://www.marineinsight.com/shipping-news/bahri-signs-410m-agreement-to-receive-10-new-chemical-tankers-from-hmd/

Ship Auction Platform Closes Chemical Tanker Deal at $20M

  • Recently, a chemical ship sold for a price in the region of $20m imported by ShipBid has handed over successfully and put into operation.
  • This chemical ship over 40,000 DWT might be the largest second-hand chemical ship ever imported into China.
  • This import shows that the domestic market for the transportation of oil and chemicals is rapidly heating up under the Macro control of the country.

A chemical ship sold for a price in the region of $20m imported by ShipBid has handed over successfully...

https://mfame.guru/ship-auction-platform-closes-chemical-tanker-deal-at-20m/

Spanish Bunkering Declines by 35pc Compared To Last Year in May

  • The fall in bunker sales at Spanish ports continued in May, with Barcelona again bearing the brunt.
  • Spanish ports supplied 457,000t of bunker fuel in May, down by 35pc from the same month a year earlier and by 13pc from April, which itself was lower by 26pc year on year.
  • April was the first month when lockdowns imposed to combat Covid-19 hit European bunker sales.
  • Algeciras delivered 32pc less bunker fuel in May than in the same month last year. Barcelona’s deliveries slumped by 71pc....

https://mfame.guru/spanish-bunkering-declines-by-35pc-compared-to-last-year-in-may/

Stena Bulk Presents Next-Generation Product And Chemical Tanker – The IMOFlexMAX

Stena Bulk Presents Next-Generation Product And Chemical Tanker – The IMOFlexMAX

Stena Bulk is presenting a prototype of the next-generation product and chemical tanker, the IMOFlexMAX, which will be able to reduce greenhouse gas emissions by more than 25% compared to modern product tankers.

The vessel, designed by Stena Bulk to meet the current and future needs of liquid bulk shipping, is a further development of our current IMOIIMAX design; best in class in terms of performance and with a design based on two major objectives – flexibility and efficiency.

“The world’s need...

https://www.marineinsight.com/shipping-news/stena-bulk-presents-next-generation-product-and-chemical-tanker-the-imoflexmax/

Odfjell Names The World’s Largest And Most Efficient Stainless Steel Chemical Tankers

Odfjell
A milestone is reached in Odfjell’s history as we officially name our next generation of chemical tankers on July 1st 2019. When the ships are delivered to our fleet, these vessels will be the world’s largest stainless steel chemical tankers, taking us to a new level of capacity, efficiency, and eco-friendly operations.

Image Credits: odfjell.com

Odfjell has undertaken a major fleet renewal program through measures such as pool cooperation, redelivery of older tonnage and chartering of new...

https://www.marineinsight.com/shipping-news/odfjell-names-the-worlds-largest-and-most-efficient-stainless-steel-chemical-tankers/

Hansa Acquires Tanker for $18.5 M From Japan’s JX Ocean

Norwegian chemical tanker company Hansa Tankers continues to expand with the purchase of another chemical tanker Bow Tone, reports Splash 247.

Company’s second acquisition of the year

Norway’s Hansa Tankers has made its second vessel acquisition of the year with the addition of 2009-built 33,600 dwt chemical tanker Bow Tone.

It is reported that Hansa has paid around $18.5m to Japan’s JX Ocean for the vessel, which has just come off a 10-year charter with Odfjell.

The vessel, built at Japan’s...

http://mfame.guru/hansa-acquires-tanker-for-18-5-m-from-japans-jx-ocean/