GEM in major fleet expansionGulf Energy Maritime (GEM), a leading, independent chemical tanker company based in Dubai, said it has taken the delivery of 'Gulf Valour,' its second Aframax vessel (an oil tanker smaller than 120,000 MT and with a breadth above 32.31 m More… |
Tanker collides with US navy ship in GulfAn oil tanker collided with a US navy ship near the Strait of Hormuz on Sunday, but no one was hurt, the Bahrain-based US Fifth Fleet said. "The collision between USS Porter (DDG 78) and the Panamanian-flagged bulk oil tanker More… |
Iran tanker firm delays fleet expansionIran's main oil shipper NITC has delayed the expansion of its oil tanker fleet, industry sources said, as tough Western sanctions on the Opec member's crude exports and a weak freight market hurt the company's ability to turn a profit. More… |
Kuwait's port closes to tanker arrivals TuesdayKuwait's main oil export port stopped allowing tankers to dock in a thick dust storm on Tuesday, but those already loading at the terminal will be allowed to leave, a Kuwait Oil Tanker Company spokesman said. "As of 2 am there are no new b More… |
UAE-flagged oil tanker hijacked by piratesSomali pirates have seized a United Arab Emirates owned and flagged oil tanker with a crew of 16 people, the European Union's naval force for Somalia said on Monday. The 4831 dwt, MV Jubba XX More… |
Oil tanker with Libyan crude enters Suez CanalAn oil tanker carrying 80,000 tonnes of crude from rebel-held east Libya entered Egypt's Suez Canal on Saturday heading towards the Red Sea, a canal official told Reuters. The Liberia-registered tanker Equator left the rebel-held east Liby More… |
Apicorp lends $93m to AMPTCThe Arab Petroleum Investments Corporation (Apicorp) said on Tuesday it signed a $93 million loan agreement to finance Arab Maritime Petroleum Transport Company's (AMPTC) purchase of two Aframax oil product tankers. Apicorp is owned by More… |
Oil tanker in collision, burns off DubaiAn oil tanker carrying around $9 million worth of petroleum products was in collision with a container vessel off the Dubai coast on Tuesday, setting both vessels on fire and sending up a thick plume of black smoke. The tanker, called the More… |
Oil tanker on fire off Dubai coastAn oil tanker carrying around $9 million worth of petroleum products was in collision with a container vessel off the Dubai coast on Tuesday, setting both vessels on fire and sending up a thick plume of black smoke. The tanker, called the More… |








