Tankers
347 stories, page 15 of 15
SCI: Putting Expansion on Hold
As the world economy sputters, so too do the expansion plans for India's state-owned Shipping Corporation of India (SCI), which according to a report on the www.business-standard.com will hold up on its plan to issue new…
Rolls-Royce Wins £15m Brazilian Order for Offshore Supply Vessels
Rolls-Royce, the global power systems company, has won an order to design and equip two UT 735 SE offshore supply vessels for Brasil Supply. The order is worth £15 million to Rolls-Royce. The contract includes vessel…
Tanker Market in the Doldrums
The global tanker market is depressed, it appears that there is little hope that it will recover for at least two years, according to a panel of expert speaking yesterday at a MarineMoney event in New York City. “What a…
Egyptian Crisis: Could it Spill into the Suez Canal?
As analysts continue to try and gauge the full economic impact of the fast-evolving political and social crisis in Egypt, the concern of the shipping industry are centered on the Egypt controlled Suez Canal, a transport…
Nordic Tankers, WOMAR establish “Nordic Womar” JV
Nordic Tankers A/S and WOMAR Logistics Pte. Ltd. have reached an agreement to establish a jointly owned independent pool management company with the name of “Nordic Womar”. Nordic Womar will initially manage two pools of…
NSCSA to Buy Ships
The National Shipping Company of Saudi Arabia (NSCSA) announced that the Board of Directors of The National Chemical Carriers (NCCNCC) (one of its affiliates) agreed in their meeting held on December 21, 2010 to sign a…