Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced that the Nave Aquila, a new building MR2 product tanker vessel of 49,991 dwt, was delivered on November 9, 2012 from a South Korean shipyard.

Saudi Basic Industries Corporation (SABIC) has commissioned the construction of two sea going gas tankers powered by liquefied natural gas (LNG) to transport its olefins products, in anticipation of a European Union directive to drastically reduce sulphur emissions from vessels operating in the North Sea by 2015.

Ship management company Empire Navigation Inc. announced that the company has taken over the management of two oil/chemical tankers, those being M/T FR8 ENDURANCE and M/T FR8 Fortitude.

Five crew members of Indian-flagged LPG tanker Maharshi Krishnatreya died yesterday, November 5, in the compressor room while repairing a damaged pipe, The Asian Age reports.

Turku Repair Yard has finished emergency repair of the tanker Kyeema Spirit.

The first companies to be certified by Germanischer Lloyd (GL) as complying with the international Tanker Management and Self-Assessment (TMSA) safety standard are LEHNKERING Reederei GmbH and LEHNKERING Rhein-Fracht GmbH.

On October 27th, the LNG tanker Ob River arrived at the Montoir-de-Bretagne LNG terminal operated by Elengy, a GDF SUEZ subsidiary. The vessel, coming from the Pacific Ocean, is the first LNG carrier to transit the Northern Sea Route.

An affiliate of American Petroleum Tankers Parent LLC (APT), a company majority owned by funds managed by Blackstone on behalf of its investors, announced its commitment to build two new state-of-the-art tanker vessels at the National Steel and Shipbuilding Company (NASSCO) shipyard in San Diego.

Wärtsilä, the marine industry’s leading solutions and services provider, has launched a new, highly efficient Aframax tanker design that offers solutions for current and forthcoming emissions legislation.

After the South Korean shipbuilder Hyundai Heavy Industry (HHI) refused to deliver an oil tanker to Irano Hind Shipping Company (IHSC), its minority partner in joint venture, Shipping Corporation of India (SCI), decided to buy the vessel, The Hindu Business Line reports.