Navios Maritime Acquisition Corporation Announces Employment of Seven Product Tankers Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced that it has agreed...

Accident : Vessel Grounding Vessel type : Cruise ship Date : 22nd December 2015 Location : Off Isla de Coiba, Panama Casualties/Pollution : Nil A cruise ship ran aground off Isla de Coiba, Panama...

Accident : Fire Vessel type : Multipurpose Vessel Date : 23rd December 2015 Location : Off Lianyungang Crew Onboard : 25 Casualties/Pollution : Nil The cargo ship was en route from Rizhao, China to Masan, Korea...

A hydro-cracking facility in the Sinopec refinery in the Southern Chinese city of Guangzhou exploded on Thursday.  As announced by the local fire department...

Shell builds a vessel to deliver to LNG-fueled vessels in northwest Europe.  The new vessel will be based at the port of Rotterdam in...

The demand for oil is expected to grow next year after a very poor 2015.  Supply growth is likely to be minimal, competition from other...

Shale oil is produced by  horizontal drilling and hydraulic fracturing from shale rock.  Production of oil is so abundant that President Barack Obama is...

d’Amico International Shipping S.A. announced the sale of the Handysize vessel M/T Cielo Di Salerno SW Cap Ferrat Shipping LLC (Marshall Island) for US$...

Accident : Fire Vessel type : Reefer Ship Location :  Guayaquil dock, Ecuador Casualties/Pollution : Nil The cargo holds of the reefer ship caught fire where inflamed fuel gasses extended the fire...