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Feb
January, 2014
Date Headline Image
Thu09Jan
Rolls-Royce, Wärtsilä Deal a No-Go
The British company approached Wärtsilä about a possible takeover, but discussions did not move forward.
Thu09Jan
BIMCO: High Bunker Prices Aggravating Tonnage Oversupply
The group also predicts that environmental regulations will be a serious challenge for the industry in 2014.
Thu09Jan
Emissions Monitoring Could Reduce Operator Costs by €9M
"The best way to monitor shipping emissions is also the cheapest in the long run."
Thu09Jan
New "Major International Port" Considered for Horn of Africa
A new port at Berbera could provide an African / Arab trade hub and export gateway for Ethiopia's $1bn in annual exports.
Thu09Jan
OW Bunker Inks New $700 million Revolving Credit Facility
Bunker supplier says the oversubscription of the new facility was a "strong sign of confidence in its business model."
Thu09Jan
NGO: "There Must Be No Delay" in Hong Kong Sulfur Rules
Clean Air Network leader also calls for quick installation of shore power facilities at Kai Tai Cruise Terminal.
Thu09Jan
Partnership for Eco-Shipping in Korea
An agreement between the Korean Register of Shipping and the Busan Port Authority also covers polar shipping.
Wed08Jan
WTI Down as Stockpiles Increase
WTI fell to $92.33, down $1.10, while Brent ended the day at $107.15, slipping $0.20.
Wed08Jan
Quadrise Gives Update on Maersk MSAR Synthetic Fuel Trial
Trials using a Wärtsilä engine are under way at sea, while the MAN Diesel programme is waiting on a land-based engine test.
Wed08Jan
North America "Leapfrogging" Europe on LNG
Forty-two LNG-powered vessels are being developed or evaluated for the continent.
Wed08Jan
New Player Opens Office in Montreal
CANDEN Marine Fuel Services will have its main focus on the Canadian and American East Coast ports, as well as the ports in the Caribbean.
Wed08Jan
496 Spanish Incursions into Gibraltar Waters Reported in 2013
"Although unlawful incursions are a violation of British sovereignty, they are not a threat to it."
Wed08Jan
European Court: De-bunkered, Off-Spec Fuel is Not Waste
The ruling, in a case brought by Shell, means suppliers can up-blend fuel rejected by customers.
Wed08Jan
Slight Decline for Singapore's 2013 Annual Bunker Sales
However vessel traffic and cargo throughput rose compared with the previous year.
Wed08Jan
Suez Industry Hub Could Start Construction in 2015
Egypt is increasingly dependent on the canal as civil unrest keeps tourists and investors away.
Tue07Jan
Crude Benchmarks Rebound
WTI ended the day at $93.67/bbl, up $0.24/bbl. Brent followed suit ending the session at $107.35, rising $0.62.
Tue07Jan
Evergreen to Replace Older, Less Fuel Efficient Vessels
The Taiwanese operator will replace older, smaller vessels with fuel-efficient charters.
Tue07Jan
Fuel Efficiency Helped NYK Line Succeed in 2013
Efficient vessel movements, individual ship improvements keep industry troubles at bay.
Tue07Jan
Euronav Buying Maersk Tankers VLCCs
The company will buy 15 vessels for $980 million, operating them in the Tankers International VLCC Pool.
Tue07Jan
Engen Petroleum Expands Bunkering at Port Louis
Supplier now delivering both MGO and MFO bunkers by barge and pipeline.