On March 24. 1989, the single-hull tanker Exxon Valdez was departing the Port of Valdez, Alaska with a full load of North Slope crude oil (approximately 1.26 million barrels) destined for Long Beach when it grounded on Bligh Reef in Prince William Sound. The resulting oil spill (approximately 258,000 barrels), while not the largest in US history, was clearly the most important.
On the world stage, the grounding of the supertanker TORREY CANYON on Pollard’s Rock in the Seven Stones reef between Cornwall and the Scilly Isles is more significant than the 1989 EXXON VALDEZ oil spill. The TORREY CANYON was one of the first tankers large enough (120,000 tons capacity) to be designated a supertanker. It was also the first loaded supertanker to spill its entire cargo.
A flotilla of oil tankers is sailing empty from Europe and the Mediterranean toward the U.S. Gulf Coast to take advantage of surging shipping rates, according to shipping sources and Refinitiv Eikon data on Monday.Eight tankers, an unusually high number, are in the Atlantic and steaming to the United States, with capacity of up to 5.6 million barrels of oil combined, the people said.
Norwegian Electric Systems has signed a contract with the Estonian shipbuilder Baltic Workboats to deliver upgrade of the Diesel Electric Propulsion system onboard the ferry Tõll to battery-hybrid.The ferry operator TS Laevad, a subsidiary of the listed port Company Tallinna Sadam, operates the ferry routes between Western Estonia’s major islands and mainland.
Estonian ferry company TS Laevad has signed an agreement with the Estonian shipbuilding company Baltic Workboats AS to rebuild the ferry Tõll, which operates the on the Virtsu-Kuivastu line, into environmentally friendly hybrid ship.The subsidiary of Tallinna Sadam said in a press release that during the reconstruction
The establishment of air emissions regulations in the form of Emission Control Areas (ECA) and the approaching IMO 2020 sulfur cap have driven the search for economically, commercially, and environmentally acceptable marine fuels. With advancements in technologies and the significant growth of U.S.
Some residents and visitors prepared to flee New Orleans on Thursday as Tropical Storm Barry closed in and city officials warned of severe flooding if it makes landfall by early Saturday as the first Atlantic hurricane of the 2019 season.The storm had maximum sustained winds of 40 miles per hour (64 kph) as of 10 a.m. CDT (1500 GMT) on Thursday, the National Weather Service said.
Greek tanker owner Tsakos Energy Navigation (TEN) announced an up to 36-month charter to a major European oil concern, for a suezmax tanker.The crude tanker is currently operating in the spot market on a minimum rate with profit sharing provisions to capture any freight upticks during the life of the contract.
Knutsen NYK Offshore Tankers AS (KNOT), a NYK Group company, has concluded a time-charter contract for a maximum 15-year period starting from 2021 for a shuttle tanker with French oil and gas giant Total for its Brazilian activities.The contract aims to use a 152,000 DWT Suezmax tanker equipped with a dynamic-positioning system built in China by COSCO (Zhoushan) Shipyard Co., Ltd.
Top Ships, a provider of oil, petroleum products and chemicals transportation services, has concluded a financing agreement with an undisclosed Chinese financier to refinance one of its MR2 tankers.The Greek tanker owner and operator said in a press release that the gross proceeds from the new financing amount to $25.
America’s largest military shipbuilding company Huntington Ingalls Industries (HII) said that its Ingalls Shipbuilding division hosted a ribbon-cutting ceremony on Tuesday for its new Shipbuilder Academy site in Gulfport.Shipbuilder Academy was established in 2016 at Ingalls’ Maritime Training Academy with a mission to provide enrolled students with a strong foundation in the maritime industry
Taiwanese ocean carrier TS Lines (TSL) has announced the launch of the Pan Asia 1(PA1) Service that provides weekly connectively between China and Southeast Asia.The PA1 service offers one of the most comprehensive Northern China market coverage comprising seven China main ports as well as Hong Kong, Singapore and Malaysia, said a press release.