November, 2014
Date Headline Image
The supplier is also expected to discuss its position with recently bankrupt OW Bunker.
Aegean to Release Financial Results on Monday
Current proposals do not give enough protection from "the huge size and bargaining power of the ship owners," says ESC Chairman Denis Choumert.
European Shippers' Council Issues Stern Critique of Shipping Alliance, Urges Global View
A large credit line was not authorised by OW Bunker's board, insists Chairman, saying "the board is looking very much forward to an in-depth investigation."
OW Bunker Chairman: Board Did Not Approve Tankoil Credit
The Sustainable Shipping Initiative says its members are making strides in putting sustainability on the business agenda.
SSI: Focus on Sustainable Shipping is on the Rise
There are a lot of rumors circulating around the world on whether or not OPEC will cut production going into their meeting, in just a few days.
WTI and Brent Crude Pil Prices Firm
"For the management in OW Bunker to suddenly...say, they knew nothing about it, seems very strange," says Lars Møller's lawyer.
Lawyer: OW Bunker Management Must Have Known What Was Going On Between DOT and Tankoil
Unprofitable spot rates on Asia-Europe routes have prompted Maersk to shed underperformers.
Maersk Line May Cut Unprofitable Contracts
The company is looking for up to $13.5 million for the fuel.
OW Bunker Looking for Quick Sale of Stranded Bunkers
Corvus Energy says the three month trial has reduced bunker consumption for a 1999-built Norled ferry.
Battery Hybrid Ferry Trial Shows Reduced Bunker Consumption
Concern is building over OPEC's impending production decision and the market remains unsure of what the outcome will be.
Crude Prices Flat as Market Awaits OPEC Production Decision