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COSCO Group Slashes $400M from its 2014 Bunker Bill
"After adding more ships [to Europe] and reducing the vessel speed, we have greatly cut down on the use of fuel," says Ma.
27 Jan 2015
KR: Ships Are Switching Fuels Too Early, Wasting More Expensive ECA Fuel
Korean Register has launched a Fuel Changeover Calculator to deal with the problem, which it says can also help to prove compliance.
27 Jan 2015
COSCO Posts Profits After Three Straight Years of Losses
The company reported a profit of $823 million in 2014.
27 Jan 2015
Bulk Carrier Arrested in Singapore
Phoenix Shipping & Trading's vessel has been arrested in a chartering dispute.
26 Jan 2015
Hong Kong Delays 0.5% Sulfur Cap
The timetable for a 0.5 percent sulfur cap has now been pushed back to some point in the first half of 2015.
26 Jan 2015
Singapore Court of Appeal Overturns Decision on "Wrongful" Ship Arrest Over Unpaid Bunker Bill
Transocean Oil had a boxship arrested in 2013 over unpaid bunker bills.
23 Jan 2015
Chinese LNG Carriers Order Wärtsilä Gas Handling Systems
Four newbuild LNG carriers will employ Wärtsilä's re-liquefaction and gas handling systems in order to use cargoes as bunkers.
22 Jan 2015
No Change to Singapore's Top 5 Bunker Suppliers in 2014
BP Singapore Pte Ltd retained its position as the top supplier for an 11th year.
21 Jan 2015
Singapore's Annual Bunker Sales Volume Mostly Flat for a Third Year
The total sales for all products in December was 3,577,500 metric tonnes (mt), putting the 2014 total at 42.4 million mt.
20 Jan 2015
COSCO Borrows $1.75B for 53 Newbuilds
COSCO Group will add 53 newbuilds including eco-bulkers as it replaces 100 older ships that have been dismantled.
20 Jan 2015
Singapore Increases Box Throughput, but Shanghai Keeps Title as World's Busiest Container Port
The Chinese city widened the gap between its closest competitor, Singapore, in 2014.
20 Jan 2015
Hong Kong NGO Urges Shore Power at Cruise Terminal
"Marine emission has become the major source of air pollutants in Hong Kong," says Clean Air Network.
19 Jan 2015
Asian Bunker Syphoning Incidents Up in 2014
"There is a dire need to strengthen national coordination among the littoral States," says ReCAAP.
13 Jan 2015
Monjasa Arrests Bulker Over Unpaid Bunker Bill
Bulker Crystal Gold has reportedly been arrested again as Monjasa pursues a $192,819 bunker bill.
12 Jan 2015
Pakistan's Ocean Bunkers Adds Another Bunker Barge to Fleet
The new vessel will facilitate deliveries of up to 1,500 metric tonnes (mt) of IFO180.
12 Jan 2015
India Terrorist Boat Explosion May Have Been Bunker Smugglers
A group of Pakistani fishermen have objected to being linked to the alleged terrorist plot.
9 Jan 2015
Unimarine Hires New Asia Sales Manager
Alex Yim previously worked at Hyundai Merchant Marine and Gulf Oil Marine.
9 Jan 2015
Singapore Bunker Trading Margins Better Since OW Bunker Collapse
"(Bunker) margins have been better since the OW bunker situation and has remained so until present," says Singapore trader.
8 Jan 2015
Singapore Trader: Low Prices Will Boost Bunker Trading
Bunker traders can expect brisk business as shipping companies look to buy bunkers and lock in cheap prices through forwards, says a Singapore trader.
8 Jan 2015
Product Tanker Explodes Outside Chinese Port
Clean up and rescue operations are ongoing following the explosion outside Zhanjiang port.
7 Jan 2015
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