January, 2015
Date Headline Image
Transocean Oil had a boxship arrested in 2013 over unpaid bunker bills.
Singapore Court of Appeal Overturns Decision on "Wrongful" Ship Arrest Over Unpaid Bunker Bill
Total's CEO says the oil "price will come back higher again" and that onlookers should not underestimate the industry's resilience.
Total: Oil Price Will Bounce Back Even Higher
Euronav and Tankships are seeking U.S. listings, saying increasing charter rates signal a tanker market rebound.
Buoyant Market Sees Tanker Firms Eye $275M in U.S. Listings
Bunkering of MGO and MDO more than doubled in December as ships looked to bunker with lower sulfur fuels just before 2015 ECA rules came into force.
Rotterdam Distillate Sales Surge in December
Polyisobutylene is suspected as the substance which has led to hundreds of bird deaths in the San Francisco Bay area.
Fuel Additive Linked to U.S. Wildlife Damage
Early price indications for the new product suggest ULSFO carries a discount of around $25 pmt compared to 0.10 percent sulfur MGO.
US Players Report Slow Uptake of 0.10% ULSFO Product
"What is the point in shipowners investing in costly bio-lubricants when seawater is widely available and 100% free?" asks Thordon.
Thordon Labels EALs as Too Expensive
European Council sanctions on IRISL and its subsidiaries may be lifted unless an appeal is made, or new grounds are found, by the end of March.
Court Ruling May Lift EU Sanctions on Iranian Shipping Companies
Andreas Johansen will work out of the Dubai office
Glander International Bunkering Hires New Bunker and Lubricants Trader
This sustained level of low fuel oil prices for shipping companies could continue to equal greater returns over a prolonged period of time.
Largest Build in WTI Crude Stocks in Over 14 Years