Latest News for: Tanker leasing

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Maritime Partners continues expansion acquiring Maersk’s US-flag tanker fleet

Seatrade Maritime News 28 Sep 2023
Earlier in the summer, Maritime Partners LLC announced a blockbuster deal, where one of its investment funds acquired the tanker leasing business from Oslo-linked AMSC in a ten ship deal worth $747 million ... The Jones Act tanker leases in the AMSC deal all have firm terms running thru 2025, with some having options out to 2029.
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Semi hauling sulfuric acid overturns, doesn't leak in Tyrone Township

Livingston Daily 19 Sep 2023
TYRONE TWP. — The driver of a tractor-trailer hauling sulfuric acid suffered minor injuries after a crash Tuesday, Sept. 19 ... The tanker was not leaking after the crash. Preliminary investigation shows the tractor-trailer was registered to KAG Leasing, based in Canton, Ohio.
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News24 | amaBhungane | The family cashing in on government dysfunction

News24 12 Sep 2023
The Naicker family has made billions leasing water tankers and yellow plant to government, despite being indicted for collusion in 2015. It has taken eight years to bring the case to the Competition Tribunal ... .
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To fill a critical gap, Indian Air Force looks to buy six mid-air refuellers

Financial Express 30 Aug 2023
The six aircraft will be\u00a0 procured in addition to another tanker which the IAF would take on ... Meanwhile, the one tanker to be leased will be used for immediate training requirements of the force,\u201d the official said, adding that it cannot, however, be used in operations.
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To fill a critical gap, IAF looks to buy six mid-air refuellers

Indian Express 29 Aug 2023
The six aircraft will be\u00a0 procured in addition to another tanker which the IAF would take on ... Meanwhile, the one tanker to be leased will be used for immediate training requirements of the force,\u201d the official said, adding that it cannot, however, be used in operations.
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WFW advises lenders on US$1bn financing for 45 vessels

Tanker Operator 03 Aug 2023
Watson Farley & Williams has advised BNP Paribas as documentation bank and DNB Bank ASA, New York Branch as agent on a US$1bn term and revolving credit facility to Scorpio Tankers Inc ... (“Scorpio Tankers”) ... The company’s fleet consists of 112 wholly owned, finance leased or bareboat chartered-in tankers.
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Teekay Tankers now net-debt free while plotting repayment of leases

Tradewinds 03 Aug 2023
... will buy out a remaining $208m obligations in lease financing.
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New pricing model hurts our sustainability, say fuel dealers

Kuensel 22 Jul 2023
Additionally, he said that with an anticipated salary hike for the company, increase in land lease with revision in property tax, and hike in tankers’ price between 35 to 40 percent, everything has become expensive ... return on working capital), insurance for tankers and fuel (i.e.
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Two Finnish gas tankers perpetually circling the Baltic Sea

Tanker Operator 17 Jul 2023
Two tankers leased and operated by Finland's state-owned gas firm Gasum have been ...
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Scorpio Tankers sheds one of its ships for $32.5m

Splash24/7 12 Jul 2023
In April, the company exercised an option to buy another six leased ships – the 2019-built LR2 STI Lobelia and five MR product tankers STI Magic, STI Mystery, STI Marvel, STI Mythic, and STI Magister.
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Scorpio flips MR tanker bought out of Avic lease in November

Tradewinds 12 Jul 2023
New York-listed Scorpio Tankers is about to boost its bank balance with the ...
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Scorpio Tankers inc. announces commitments for new $1 billion term loan

Tanker Operator 27 Jun 2023
The Credit Facility, which was over-subscribed, was capped at an amount of $1.0 billion, and is expected to be used to finance 45 product tankers, which are currently unencumbered, or financed through credit facilities and financial leases which carry higher margins and will be repaid.
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Norden in for six ultramaxes at DACKS

Splash24/7 22 Jun 2023
No price has been revealed for the 64,000 dwt newbuilds that will run on both traditional marine oil and biofuel and join the portfolio of Norden-owned and leased bulkers and product tankers managed by the company’s Assets & Logistics unit ...
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North Field .. the jewel of gas in the world

Blitz 19 Jun 2023
global contracts ... 60 tankers to support projects. Qatar Energy also entered into contracts to build, lease and operate 60 LNG carriers as part of its historic shipbuilding program to support the North East Field and North South Field expansion projects, with the expectation that the number will increase to about 100 tankers in the future ... LNG daily ... .
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Lack of access to medicinal liquid oxygen is becoming an urgent global health concern

Independent online (SA) 19 May 2023
The problem is significant and urgent ... However, according to Jayasree K ... 1 ... 2 ... 3 ... 4 ... 5 ... 6 ... In an effort to shift additional production capacity from industrial liquid oxygen to critically required medical liquid oxygen, some gas companies responded by airlifting entire medical liquid oxygen tankers and trailers into LMICs using specially leased planes ... .
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