CALPETRO TANKERS (BAHAMAS II) LIMITED
CALPETRO TANKERS (BAHAMAS II) LIMITED is a company that primarily operates in the maritime and shipping industry, with a particular focus on tanker operations. The name suggests that the company is based in the Bahamas, a jurisdiction known for its favorable tax and regulatory environment for shipping companies.
Here are some key aspects typically associated with such companies:
Business Activities
- Tanker Operations: The company may operate a fleet of tankers that transport crude oil, refined petroleum products, or other liquid bulk cargoes across the world.
- Chartering Services: They might charter their vessels to other companies, contracting for fixed periods or specific voyages.
- Marine Logistics: This may include the transportation of cargo to specific locations, often in partnership with major oil and gas companies.
Regulatory Environment
- Registration and Regulation: The Bahamas is a popular jurisdiction for ship registrations due to its lenient tax policies, robust legal framework, and high standards for safety and environmental regulations.
- Compliance: Adherence to international maritime laws, including those set forth by the International Maritime Organization (IMO), is mandatory for operations, ensuring that safety and environmental standards are maintained.
Corporate Structure
- Subsidiaries and Holdings: Firms like CALPETRO TANKERS (BAHAMAS II) LIMITED may be part of larger corporate families, possibly with parent companies or other subsidiaries spread across various jurisdictions.
- Management: The company is likely managed by seasoned professionals in maritime operations, finance, and logistics.
Financial Operations
- Financing: Like many shipping companies, they may rely on a mix of debt and equity to finance their fleet, including funding from banks, private equity, or public markets.
- Revenue Streams: Revenue primarily comes from the chartering of their vessels and transportation contracts, often indexed to the global oil market.
Strategic Importance
- Global Trade: Companies like CALPETRO TANKERS play a crucial role in global trade, facilitating the movement of energy resources essential for economies worldwide.
- Market Dynamics: The company's operations may be influenced by fluctuating oil prices, geopolitical events, and macroeconomic conditions affecting global trade and energy consumption.
Given these elements, CALPETRO TANKERS (BAHAMAS II) LIMITED would be considered a key player in the maritime logistics chain, particularly within the energy sector. For accurate and up-to-date information, additional details would typically be obtained from maritime industry databases, financial reports, or specific regulatory filings.
Nassau The Bahamas
George St.
Nassau New Providence
The Bahamas
Nassau New Providence
The Bahamas
Ships
ALTAIR VOYAGER
Oil Carrier | Flag: Commonwealth of the Bahamas | Port: NASSAU
Maritime News
Container Shippers Mitigating Green Transition Risks with Dual-Fuel Vessel Orders
Container shipping companies like Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years meant to help their industry slash greenhouse gas (GHG) emissions to meet rising demand from customers and regulators around the globe.Their order books, however, reflect uncertainty over which of a wide array of so-called green fuels will become the standard in the decades to come, and whether supplies will be cheap and abundant enough to keep their fleets in motion.Decarbonizing shipping is important to global efforts to fight climate change because it accounts for about 3% of global greenhouse gases, but accomplishing it will be difficult and costly
Misunderstanding General Average Concepts Could Harm Offshore Operators
At a recent seminar in London organized by the International Underwriting Association of London (IUA) and the Association of Average Adjusters (AAA), participants heard how ignoring or not fully understanding the concept of General Average (GA) when concluding charter-party contracts for offshore services could cause problems in the event of an incident or accident.Michiel Starmans, a Fellow of the AAA and Director Legal Department of the Spliethoff Group and Alf Inge Johannessen, an Associate of the AAA and Senior Claims Manager at DOF
Australia and India Talk Maritime, Renewables at G20
Australia will partner with India to boost investment in renewable energy, including solar manufacturing, battery and mineral processing, Prime Minister Anthony Albanese said in a meeting with his Indian counterpart on the G20 sidelines.Australia and India will also look to enhance defense and maritime security cooperation, Albanese said in a meeting with India's Prime Minister Narendra Modi in Rio de Janeiro on Tuesday.The two countries, along with the United States and Japan, are members of the Quad, which has sought to balance China's rising military and economic clout in the Indo Pacific region.
Sabotage: Two Undersea Cables Cut in Baltic Sea
Two undersea fibre-optic communications cables in the Baltic Sea, including one linking Finland and Germany, were severed, raising suspicions of sabotage by bad actors, countries and companies involved said on Monday.The episode recalled other incidents in the same waterway that authorities have probed as potentially malicious including damage to a gas pipeline and undersea cables last year and the 2022 explosions of the Nord Sea gas pipelines.The 1,200-kilometre (745-mile) cable connecting Helsinki to the German port of Rostock stopped working around 0200 GMT on Monday, Finnish state-controlled cyber security and telecoms company Cinia said.
Global Offshore Wind Stumbles to the End of '24
Soaring costs, project delays and limited investment put targets out of reachAfter a year of canceled projects, broken turbines, and abandoned lease sales, the global offshore wind industry no longer has much chance to hit the lofty targets set by governments in the U.S., Europe and elsewhere ... with the exception of China.Reuters spoke to 12 offshore wind companies, industry researchers, trade associations, and government officials in six countries to come up with a global picture of the state of the industry and its outlook, and found soaring costs, project delays and limited supply chain investment were hobbling installations.