The passage of the Oil Pollution Act of 1990 (OPA 90) by the U.S. Congress and subsequent modifications of international maritime regulations—namely, the addition of Regulations 13F and 13G to the ...

While Greg Trauthwein never assigns me column subjects, each time the Great Ships issue comes around I go with the theme. However, I try to take a view askew on that subject and have found that these ...

SeaRiver Maritime, the US transportation affiliate of ExxonMobil Corp., reached an agreement with National Steel & Shipbuilding Co. (Nassco) to develop a contract design for a 750,000 bbl capacity, ...

HOUSTON, Nov. 28-- BP Oil Shipping Co. USA said the third of four Alaska-class double-hull crude oil tankers being built by National Steel & Shipbuilding Co. (Nassco), San Diego, was delivered Nov. 22 ...

"Oil spills in U.S. waters have decreased in both number and volume since OPA's enactment, though major incidents still occur from time to time," writes columnist Keith Letourneau. In 1989, the tanker ...

Jan 24 (Reuters) - Double Hull Tankers forecast fourth-quarter slightly below analysts' estimates and said its largest shareholder Overseas Shipholding Group sold more than 30 percent of its stake in ...

SEOUL, April 25 (Reuters) - South Korea's SK Energy <096770.KS> said it will increase its use of double-hulled oil tankers to 60 percent this year, up from 51 percent in 2007. The move comes ahead of ...

Teekay Tankers Ltd. announced its financial results for Q4 and the full year 2024, declaring a cash dividend of $0.25 per share payable on March 14, 2025, to shareholders of record as of March 3, 2025 ...

Battered by rough seas, a breached tanker begins to sink… The Prestige was built in Japan in 1976 and was scheduled to be phased out in 2005. The tanker was carrying 84,849 tons of heavy fuel oil, ...

Nordic American Tankers Ltd. is considering expanding its fleet by ordering new vessels or buying second-hand. The company's Board of Directors has declared a dividend of $0.16 for the fourth quarter ...