14

Record year for Southeast Asian ship hijackings

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This year looks like being a tragic record one for ship hijackings in Southeast Asia.

“High demand for illicit oil, together with a well-established black market, will continue to drive maritime attacks in Southeast Asia over the coming months, meaning small tanker owners face operational, financial and security threats,” warns maritime security provider PVI in a release today.

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21

Kinder Morgan snaps up Philly Tankers quartet

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Aker Philadelphia Shipyard (AKPS) has announced that Philly Tankers has sold all four of its 50,000 dwt Jones Act product tankers, currently being built at AKPS, to a subsidiary of energy company Kinder Morgan for $568m.

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19

Teekay buys IM Skaugen’s stake in lightering JV

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Teekay Tankers has bought the IM Skaugen’s 50% stake in SPT, the ship transfer and lightering joint venture (JV) in which the two companies were partners. The consideration was $45.5m.

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20

Premuda offloads ageing tanker

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Following the signing of a standstill agreement with creditor banks last month, Italy’s Premuda has initiated the sale of an ageing tanker.

In its second quarter results the Genoa-based shipping company revealed that it had signed an MOA on July 31st for the sale of Four Moon (64,000 dwt, built 1984) to an undisclosed third party, with a bareboat charter back to the company until the end of 2017.

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13

International Andromeda Shipping adds an aframax

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Monaco-based International Andromeda Shipping is poised to add a sixth ship to its fleet of five MR and aframax tankers.

While the company declined to comment on the purchase, market sources tell Splash that the company, led by Giangiacomo Serena di Lapigio, is buying the aframax Kometik (126,600 dwt, built 1997) from Mobil Chevron Murphy Joint Venture for around $8m.

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19

Nanjing Shenghang Shipping lists on NEEQ

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Nanjing Shenghang Shipping, a domestic shipping service provide, has listed on National Equities Exchange and Quotations (NEEQ), a national securities exchange for smaller enterprises on August 5.

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14

Texas officials call for easing of LNG export rules

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Texas officials have called for an easing of LNG export rules, citing the slow speed of US federal approvals for LNG export facilities as a brake on the national economy.

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13

Livanos sheds Euronav shares

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Peter G Livanos has sold around 6m of his shares in Euronav, of which he his chairman of the board, which will reduce his stake in the Belgium-based company to 8.12%.

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11

Teekay buys 12 suezmaxes from Principal Maritime

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Teekay Tankers has agreed to buy 12 modern suezmaxes tankers for $662m from Principal Maritime Tankers, the investment vehicle owned by private equity firm Apollo Global Management.

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16

Ship Finance International sells old suezmax tanker

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NYSE-listed Ship Finance International (SFI) is to sell a 20-year-old suezmax tanker to an unnamed buyer for around $16m.

The Japan-built Front Glory (149,800 dwt, built 1995) has been on charter to a subsidiary of Frontline, but this contract will be terminated when the vessel is sold.

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20

Bechtel chosen to design America’s first FLNG

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Bechtel has been selected by Delfin LNG, a wholly-owned subsidiary of Fairwood Peninsula Energy Corporation, to perform front-end engineering and design for the first US-based floating liquified natural gas vessel (FLNG) to go into service at Port Delfin.

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13

Scerni sells tanker pair to UK private equity fund

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Scerni di Navigazione is to sell two of its ships to a London-based private equity fund. Sources familiar with the matter tell Splash that the Italian shipping company has just inked an MoA with a financial investor which will buy in the coming months the two LR1 tankers, SN Federica and SN Azzurra (72,300 dwt; built 2003) at current market prices.

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14

Tanker gets all-clear after seafarer dies of infectious disease

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Port authorities have given the all-clear to a tanker quarantined in Spain after its chef died from an unidentified “infectious viral” disease.

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15

Seafarer dead from unknown ‘infectious disease’ onboard tanker

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A seafarer has died of an unidentified “infectious, viral disease” onboard a product tanker currently under quarantine at El Ferrol, La Coruña, Spain.

The man, an Indian national, died from what is thought to be a cardiac seizure on August 2, while working as a chef onboard the Granato (7,071 dwt, built 2000), owned and managed by Italy’s Finbeta.

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19

Nantong Tongbao Shipbuilding secures first chemical tanker order

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Nantong Tongbao Shipbuilding has signed shipbuilding agreements with joint buyers, Shanghai Dingheng Shipping and Xiamen Xiangyu Group, for the construction of eight chemical tankers sized from 2,000dwt to 15,000dwt.

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16

FERC authorises Excelerate’s LNG terminal offshore Puerto Rico

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The US Federal Energy Regulatory Commission has authorised the construction of a liquefied natural gas (LNG) terminal offshore Puerto Rico.

Excelerate Energy, a Texas-based company specialising in floating LNG solutions, will develop the project in cooperation with the Puerto Rico Electric Power Authority (PREPA).

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15

Lonyer Fuel dissolves bunker trading subsidiary

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Shanghai: Shanghai-based ship fuel trader Lonyer Fuel, has announced that the board has approved to liquidate subsidiary Lonyer GreenCooper Trading Company, with the development of the subsidiary not meeting the company’s expectations.

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12

China Shipping tanker collides with bulker at Shanghai Port

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Shanghai: Oil tanker Bai Chi (41,983dwt, built 2007), operated by China Shipping Group’s oil shipping arm China Shipping Tanker, collided with bulker Jiang Xia Xiang, operated by Huayuan Shipping, when it was berthing at Shanghai’s Waigaoqiao Port on Friday.

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11

Berlian Laju’s restructuring plans attacked

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Jakarta: The restructuring plan of Berlian Laju Tankers (BLT) has raised the ire of a number of fellow Indonesian companies.

BLT, which entered restructuring in January 2012, submitted a restructuring plan two years ago in 2013.

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14

Sea World Management: A dip into a pool likely

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Monaco: In 2015 Monaco-based Sea World Management is emerging as one of the shipping operators most active on the S&P liquid bulk market.

The company, founded in 1990 by Roberto and Luca Corvetta, from January this year has purchased four MR tankers: Montenero from D’Alesio Group, Lisca Bianca from Augusta Due, Cape Bruni and Cape Bille from Konig & Cie.

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