GAC Signs Agency Deal with BG Group

GAC Signs Agency Deal with BG Group

British multinational oil and gas company BG Group has appointed GAC to be the sole provider of hub agency services ...

read more →

Navios Banking On Cheap Oil

Navios Banking On Cheap Oil

NYSE-listed owner and operator of tanker vessels Navios Maritime Midstream Partners expects to see spot rates for ...

read more →

Update: Sunken Tug Spills Oil off Oahu

Update Sunken Tug Spills Oil off Oahu

The U.S. Coast Guard Hawaii Pacific, Department of Health and responsible party Unified Command, are continuing oil ...

read more →

Bunker Volumes up at Rotterdam Port

Bunkering Volumes up at Rotterdam Port

Marine fuel bunker volumes increased for the first time since 2011 in the Port of Rotterdam, from 10.4 million ...

read more →

Gard Warns of Iranian Oil Fraud in UAE

Gard Warns of Iranian Oil Fraud in UAE

Norway’s maritime insurance company Gard has issued a warning regarding recently observed attempts to export ...

read more →

Braemar Reaps Profit from ACM Merger

Braemar Reaps Profit from ACM Merger

The performance of Braemar Shipping’ shipbroking division since October 2014 has improved significantly ...

read more →

Slow Steamers to Rake In from Low Oil Prices

Slow Steamers to Rake In from Low Oil Prices

Ship efficiency remains just as relevant and important in a bearish oil market as it does when shipowners have to ...

read more →

ReCAAP: 15 Siphoning Incidents in Asia in 2014

Illustration

A total of 15 incidents of siphoning of ship fuel/oil had been reported onboard oil/product tankers in Asia in ...

read more →

Update 2: Bintan Dodges Oil Spill

Update-2-Bintan-Dodges-Oil-Spill1

The oil that spilled from Libyan-registered oil tanker Al Yarmouk is not headed towards the island of Bintan based ...

read more →

Oil Spill Threatens Black Sea Coastline

Oil Spill Threatens Black Sea Coast

A leak on Tikhoretsk-Tuapse-2 pipeline caused an oil spill in the Black Sea, close to Russia’s port of ...

read more →

Armed Clashes Force Libyan Ports to Shut Down

Zueitina  oil terminal

The ports of Es Sider, Ras Lanuf and Benghazi in Libya are currently closed due to armed clashes, as informed by ...

read more →

US Ups Oil Spill Liability Cap

US Ups Oil Spill Liability Cap

The U.S. Bureau of Ocean Energy Management (BOEM) has administratively increased the limit of liability for ...

read more →

Shippers to Gain Most from Low Oil Prices

Shippers to Gain Most from Low Oil Prices

With crude oil down to its lowest price in five years last week, all carriers stand to gain from lower fuel costs, ...

read more →

London P&I Club Warns of Capuccino Effect

London P&I Club Warns of Capuccino Effect

The London P&I Club has advised its members on precautions to adopt in order to detect the presence of ...

read more →

World Chokepoints Key for Oil Transit

World Chokepoints Key for Oil Transit1

World chokepoints for maritime transit of oil are a critical part of global energy security because of the high ...

read more →

One Dead, Three Injured in Oil Platform Blast off New Orleans

One Dead, Three Injured in Oil Rig Explosion off New Orleans

One worker died and three more were injured in an explosion on Fieldwood Energy’s Echo Platform located in ...

read more →

Image of the Day: Morning Rounds in Draugen Oil Field

Morning in the Draugan Oil Field

The crew of the Ocean Pride, Atlantic Offshore’s offshore supply vessel,  has made this amazing morning photo ...

read more →

Gallery: Bulk Carrier Runs Aground in Sweden

Bulk Carrier Runs Aground in Sweden

A bulk carrier with 2 tons of oil onboard ran aground in the Baltic Sea on Wednesday morning spilling some of its ...

read more →

124 Oil Tankers to Join Global Fleet in 2014

124 Oil Tankers to Join Global Fleet in 2014

Some 124 vessels are expected to enter the oil tanker trading fleet in 2014, while 60 tankers were forecast to be ...

read more →

Three Dead in Platform Accident off Azerbaijan

Three Dead in Platform Accident off Azerbaijan

Three workers died, with the fourth still missing, when the structures collapsed at the Socar’s platform ...

read more →

Genesis Buys Jones Act Tanker

Genesis Buys Jones Act Tanker

Genesis Energy, L.P. has bought the 49,000 dwt products tanker M/T American Phoenix from Mid Ocean Tanker Company, ...

read more →