Eletson LR2 first to dock at Grand Bahamas post Dorian

An Eletson LR2 tanker has become the first commercial ship to dock at the Grand Bahamas Shipyard in the wake ofHurricane Dorian. The 106,000-dwt Agathonissos (built 2002) returned to the yard on Wednesday to complete repair work that began before Hurricane Dorian arrived in The Bahamas earlier this month. The shipyard, located in Freeport, Grand Bahama, also announced it remains on track for the next planned cruise ship visit, Carnival…

September 13, 2019
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Attempted Theft Aboard Chemical Tanker at Tanjung Uban Anchorage, Indonesia

Published on September 12, 2019 by Johanna Loock   ·   No Comments August 07, 03:00 LT: While at anchor at Tanjung Uban anchorage , Pulau Bintan, three perpetrators using grappling hooks attempted to board the chemical tanker SG PEGASUS (IMO #9494876) from a small craft with outboard engine. Upon sighting of the perpetrators, the crew sounded the ship’s horn and general alarm. The perpetrators subsequently aborted the attempt. The crew was…

September 12, 2019
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Paschalis Diamantides linked to new outfit Velos Tankers

Paschalis Diamantides, the son of major Greek shipowner Diamantis Diamantides, is believed to be behind Velos Tankers, a new company said to have two tanker acquisitions under its belt. Paschalis has so far been known as an executive at his father’s companies Source: http://www.tradewindsnews.com

September 11, 2019
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Top Ships prices $10m share offering

Top Ships has raised $9.95m after selling 1.58 million shares at $6.30 each. The pricing reflects a 28% discount from Top’s previous closing price of $8.74. The $9.95m is a gross sum before underwriting discounts, commissions and offering expenses. Each share will be sold Source: http://www.tradewindsnews.com

September 11, 2019
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Tsakos reports scrubber installation delays

Tsakos Energy Navigation is reporting delays in scrubber installations. On its second quarter earnings call Friday, the New York-traded gas and oil carrier told investors exhaust gas cleaner retrofits ahead of IMO 2020 were “longer than initially forecasted” . “Shipyards [are working] at full capacity to meet retrofitting requirements, which could keep longer a big part of the global fleet in shipyards, rather than trading” potentially leading to more scrapping,…

September 6, 2019
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Iran to Free Seven Crew Members of Seized British Tanker

Published on September 4, 2019 by Johanna Loock   ·   No Comments September 04: Iran has said it will free seven crew members of a British-flagged tanker seized in the Strait of Hormuz in July, as the country’s president gave Europe a two-month deadline to save its nuclear deal. The seven, who are part of a 23-member crew comprising Indian, Russian, Latvia and Filipino nationals, were allowed to leave the Stena…

September 4, 2019
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Hanssons dissolve family company but keep NAT shares

Herbjorn and Alexander Hansson are dissolving the family’s investment company, High Seas, after significant losses. High Seas owns the family’s shares in tanker company Nordic American Tankers and the offshore company Hermitage Offshore Services, where the share prices have fallen sharply on Source: http://www.tradewindsnews.com

September 4, 2019
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Samsung forms joint venture for new Russian tankers

(From left) SCF president and CEO Sergey Frank shows Russian Federation prime minister Dmitry Medvedev (centre) and aide to the president of the Russian Federation and former transport minister Igor Levitin a model of a new LNG-fuelled aframax Photo: Sovcomflot Source: http://www.tradewindsnews.com

September 4, 2019
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Theft Aboard Crude Oil Tanker Near Bandar, Penawar, Malaysia

Published on September 3, 2019 by Johanna Loock   ·   No Comments August 26 04:45 LT: While at anchor, four unauthorized persons armed with knives and sharp object(s) boarded the crude oil tanker RIDGEBURY EAGLE (IMO #9233753) from a wooden raft by climbing the anchor chain and entering through the hawse pipe. The crew raised the alarm and sounded the whistle. The unauthorized persons escaped with a 6- man life raft,…

September 3, 2019
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