Shanghai Waigaoqiao Shipbuilding (SWS), a subsidiary of China State Shipbuilding Corporation, has held a steel-cutting ceremony for an oil product tanker owned by Singapore-based ship management company Eastern Pacific Shipping (EPS).
The post Construction starts on Eastern Pacific Shipping’s new...
The thermal runaway of a cell within a handheld radio’s lithium-ion battery led to a fire on the 106,000 dwt Liberian-flagged oil tanker S-Trust last year resulted in $3 million in damage to the vessel, the National Transportation Safety Board says.
The S-Trust was docked at the Genesis Port Allen Terminal in Baton Rouge, La., on Nov. 13, 2022, when a fire started on the bridge. The fire was caused by one of the cells in a lithium-ion battery for an ultra-high-frequency handheld radio exploding....
It is difficult to keep track of who is assisting Moscow in getting its oil to buyers all over the world. A fleet of tankers that sprang out of nowhere to keep Russia’s oil moving has disbanded even faster than it emerged, as published on Bloomberg.
Safe shippingAccording to Equasis, a global maritime database created to encourage safe shipping, Mumbai-based Gatik Ship Management now manages a fleet of only four oil tankers. It possessed 42 as of April, having...
https://mfame.guru/russia-linked-oil-tanker-fleet-vandalized-already/
To put a stop to Iran’s recent vessel seizures, the U.S. is going to bolster naval patrols in and around the Strait of Hormuz.
The post U.S. takes steps to boost naval presence, as Iran gets its hands on another oil tanker appeared first on Offshore Energy.
In an effort to prevent oil from washing up on the coast, residents of a Philippine island renowned for its pristine sand beaches and turquoise waters are armed themselves with human hair and old clothing, as reported by Bloomberg.
Tanker sinksFollowing the sinking of the Princess Empress tanker in the province of Oriental Mindoro in early March, residents of Cassian, in the Palawan Province, have been cleaning the beaches after a portion of an oil slick...
https://mfame.guru/tourism-paradise-prepares-for-oil-spill-response-with-human-hair-and-old-clothes/
After being turned away by Spain over an oil transfer associated with a ship that was formerly flying the Russian flag, the Maersk Magellan tanker is now travelling into open waters and seeking a destination outside of the European Union, according to its Danish operator Maersk Tankers, as reported by Financial Post.
Hampering fuel tradeThe Group of Seven industrialised nations’ imposition of a price restriction on Russian oil in December and separate European Union...
https://mfame.guru/after-a-spanish-port-ban-a-danish-operated-tanker-will-leave-the-eu/
Valeura Energy Inc. (TSX:VLE) (“Valeura” or the “Company”), the upstream oil and gas company with assets offshore Gulf of Thailand and the Thrace Basin of Turkey is pleased to announce that it has entered into a definitive agreement with PT Samudra Alam Transport, a subsidiary of PT Buana Lintas Lautan Tbk, to charter a crude oil tanker to store oil produced from the Wassana oil field, offshore Gulf of Thailand, as previously announced on November 11, 2022. The vessel is expected to be renamed...
https://mfame.guru/valeura-energy-inc-announces-wassana-oil-storage-vessel/
With additional funds from the Netherlands, the UN may be able to start the salvage operation to prevent a major oil spill in the Red Sea.
The post New Dutch donation to bridge funding gap for UN’s salvage ops in Red Sea appeared first on Offshore Energy.
A ship’s loading operation is a carefully planned activity where the cargoes are transferred from the shore terminal to the vessel’s cargo tanks. It sounds simple and it actually does. But unbeknown to most, it involves many moving parts from preparation to the disconnection of cargo arms. A safe...
https://www.seamanmemories.com/loading-operation-in-oil-tanker/
At one time, oil tankers were the mainstay of world shipbuilding, at least in tonnage terms. Now, though, BIMCO reports that in the first six months of this year only 1.6 million dwt of crude and product tanker tonnage was ordered — the lowest half year on record
Between 1996 and 2021, the lowest half-yearly tanker contracting volume was 3.0 million dwt, recorded in the first half of 1999. Despite improved freight rates and a more positive market outlook, the first six months of 2022 ended with...
https://www.marinelog.com/shipbuilding/bimco-tanker-newbuild-orders-plummet/