Teekay Shipping Corporation has entered into a definitive agreement to acquire Naviera F. Tapias S.A.. a leading independent owner and operator of LNG carriers and crude oil tankers in Spain. Teekay has also entered into an agreement with the shareholders
Purchase Forms World's Largest Subsea Contracting Group For Oil & Gas Industries The third and fourth in a series of five 2,100-dwt stainless steel chemical tanker for the transport of bulk liquids along the Rhine River and its tributaries have been delivered to Stolt Stinnes.
In January 2003, Huarun Dadong Dockyard (HRDD) was awarded eight vessel repair contracts awarded in succession — doubling the amount of jobs the yard was awarded just one year previous. Measuring 614 x 93 ft. (187.3 x 28.4 m) M /V Sheila Macdevitt of U.
Jaap van de Guchte Senior stands on the port side half way up the ship's 110- m length. With hand signals, two fingers pointing aft. he directs the helmsman to move the precise two meters for alignment of the tanker's cargo manifolds and those on the BP refinery dock.
Meyer Werft of Papenburg, Germany, recently delivered the 6,000- grt passenger ship Tatamailau to the Directorate General of Sea Communication, Jakarta, Indonesia. The 969-passenger newbuilding is the eighth passenger ship and, at the same time,
More Oil Is Shipped In U.S. Waters Than Any Other Commodity; Petroleum And Petroleum Products Account For 40 Percent Of The Cargo Shipped Through U.S. Waters C o a s t Guard inspections have not always been reliable in detecting unsafe tankers.
Tandem offloading from a spread moored FPSO is a high-risk operation that involves significant challenges with respect to safety and regularity. Based on extensive operational experience with shuttle tankers, combined with state-of-the art knowledge on mooring systems,
Tanker s a f e t y and pollution prevention will be the main topics of discussion at the American Petroleum Institute's annual tanker conference, October 1-4 at Innisbrook, Tarpon Springs, Fla. Among the speakers will be M.P. Holdsworth, Shell International Petroleum Co.
Shipowners are known for having distinct differences of opinion, but the one thing that all agree on is the importance of having access to capital. In an industry in which assets are generally bigticket items and operating margins can be thin,
Esso has decided to install inertgas systems in a number of its large crude oil carriers. Based on competitive bids from Norwegian shipyards, Esso Tankers Inc. — a subsidiary of Exxon Corporation in New York — has signed a contract for such equipment