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

Ships

ALTAIR VOYAGER

Oil Carrier | Flag: Commonwealth of the Bahamas | Port: NASSAU

Maritime News

Overfishing Deal Reached After 20 Years of Negotiation

Overfishing Deal Reached After 20 Years of Negotiation

4 hours ago
A landmark agreement to curb billions of dollars in subsidies contributing to overfishing came into force on Monday, the World Trade Organization said - a move activists hailed as a step towards helping global fish stocks recover.It was the first agreement to take effect at the WTO since 2017 after years of stalled debates and infighting on top of, more recently, a surge in U.S. tariffs that left some critics asking whether the Geneva-based body had a future.The formal ratification by Brazil, Kenya, Tonga and Vietnam on Monday meant the deal, first agreed in 2022, now had the required support of two thirds of members, a WTO spokesperson said.
US Will Have Access to Australia’s Nuclear Submarine Shipyard

US Will Have Access to Australia’s Nuclear Submarine Shipyard

2 days ago
The United States will be able to use planned defence facilities in Western Australia that are to help deliver nuclear-powered submarines under the trilateral AUKUS nuclear submarine deal, Australian Defence Minister Richard Marles said on Sunday.Australia will spend A$12 billion ($8 billion) to upgrade facilities at the Henderson shipyard near Perth, as part of a 20-year plan to transform it into the maintenance hub for its AUKUS submarine fleet, the government said on Saturday.The AUKUS pact, sealed by Australia, Britain and the U.S. in 2021, aims to provide Australia with attack submarines from the next decade to counter China's ambitions in the Indo-Pacific region.
Davie Details $1B US Shipbuilding Investment Plan in “American Icebreaker Factory”

Davie Details $1B US Shipbuilding Investment Plan in “American Icebreaker Factory”

4 days ago
Davie Defense Inc. gives a first glimpse today of the “American Icebreaker Factory” – a planned $1 billion transformation of the historic Gulf Copper shipyard in Galveston, Texas.The American Icebreaker Factory concept was created in collaboration with Florida-based Pearlson, which has led major projects for leading American shipbuilders, including BAE Systems, Austal USA and Fincantieri Marinette.The American Icebreaker Factory project embodies the Trump Administration’s priorities, including the Executive Order on American Maritime Dominance, the SHIPS for America Act, and the creation of the Office of Shipbuilding.
NTSB Issues Safety Alert for Land-Based Firefighters After Multiple Deaths

NTSB Issues Safety Alert for Land-Based Firefighters After Multiple Deaths

5 days ago
The National Transportation Safety Board issued a safety alert Wednesday urging greater awareness and training for land-based firefighters who may be called to fight fires aboard vessels in local ports.The safety alert follows several NTSB investigations into deaths and injuries to firefighters. The NTSB found land-based firefighters often lack the necessary training and familiarity with vessel layouts and fire protection systems to effectively fight in-port vessel fires. They also may be unaware of how to use the structural fire protection built into most commercial vessels.
Curtin Maritime to Build Eight Hybrid Tugboats for $160M

Curtin Maritime to Build Eight Hybrid Tugboats for $160M

5 days ago
While political winds in the U.S. have significantly tampered many ‘green’ projects, Curtin Maritime is domiciled in California, which is globally known for its strict environmental initiatives. To that end, Curtin Maritime inked a contract recently to invest $160m for eight new hybrid-electric tugboats, vessels being built by Snow & Co. and featuring vertically integrated electric powertrains from Arc with Schottel propulsion. Maritime Reporter TV interviewed Martin Curtin, CEO, Curtin Maritime & Mitch Lee, co-founder and CEO, Arc, on the eve of the announcement to discuss specifics.As shipbuilding continues to take center stage in the U.S.