Philly Shipyard Delivers 2nd Product Tanker to APT

US-based Philly Shipyard (PSI) has delivered the American Freedom, the second of four next generation 50,000 dwt product tankers that the company is building for American Petroleum Tankers (APT), a subsidiary of Kinder Morgan.

Clarksons: Product Tanker Fleet Enters Moderate Growth Era

Product tanker orderbook has dropped to its lowest level in nearly 17 years as it was equivalent to 10.2% of fleet capacity at the start of February 2017, a low not seen since August 2000, according to Clarksons Research.

Maersk Tankers Confirms Order for Ten LR2 Ships

Maersk Tankers, part of the Danish shipping conglomerate Maersk, has confirmed that it placed an order for ten LR2 product tanker vessels at China’s Dalian Shipyard.

Philly Shipyard Starts Building APT’s 4th Product Tanker

U.S. shipbuilder Philly Shipyard (PSI) has laid the keel for the final product tanker in a four vessel order for American Petroleum Tankers (APT), a Kinder Morgan subsidiary.

Capital Product Partners Adds MR Product Tanker

Greek shipping company Capital Product Partners has purchased the 50,000 dwt eco-type MR product tanker Amor from its sponsor, Capital Maritime & Trading Corp. (Capital Maritime).