December, 2013
Date Headline Image
Wed04Dec
Brent and WTI Head in Opposite Directions
Crude declined for the first time in eleven weeks and declining significantly.
 Brent and WTI Head in Opposite Directions
Wed04Dec
Tricks of the Bunker Trade: Bunker Fuel Temperature
In case of unusual high temperatures reported by the chief engineer attached manual thermometer to the tape bobs to ascertain the exact temperature.
 Tricks of the Bunker Trade: Bunker Fuel Temperature
Wed04Dec
Introduction to Bunker Hedging Tools: Swaps
Swaps provide cash-flow certainty and remove exposure to fuel price spikes.
 Introduction to Bunker Hedging Tools: Swaps
Wed04Dec
Canada Wants Unlimited Liability for Oil Spills
"Canadian taxpayers should not bear any liability for spills" as LNG, bitumen exports move forward.
 Canada Wants Unlimited Liability for Oil Spills
Wed04Dec
Greek Shipowner Enters a "New Era" with Eco-Bulker Orders
Eco-design provides "additional competitive advantage" says Euroseas CEO.
 Greek Shipowner Enters a "New Era" with Eco-Bulker Orders
Wed04Dec
UK Bunker Supplier Gets £17 million for Expansion
The Geos Group division will use some of the funds on its new Port of Blyth storage facility.
 UK Bunker Supplier Gets £17 million for Expansion
Wed04Dec
Twenty New Companies Sign Singapore Green Pledge
The pledge is part of the comprehensive Maritime Singapore Green Initiative.
 Twenty New Companies Sign Singapore Green Pledge
Wed04Dec
New Lubricant Reduces Cold Corrosion Risk
Total Lubmarine says the adoption of modern engines demands new solutions to avoid corrosion.
 New Lubricant Reduces Cold Corrosion Risk
Tue03Dec
Bunker Prices Climb as Crude Makes Big Gains
WTI gained $2.22, settling at $96.04/bbl, while Brent gained $1.17 to end the session at $112.62.
 Bunker Prices Climb as Crude Makes Big Gains
Tue03Dec
Scorpio Spends $652.5 million on 7 VLCCs, And Adds More MR Tankers
Scorpio Tankers now has 53 vessels on order valued at $2.4 billion.
 Scorpio Spends $652.5 million on 7 VLCCs, And Adds More MR Tankers