Archive News
| Date | Headline | Image |
|---|---|---|
Wed06Jan |
U.S sweet crude contracts, for February delivery, cooled off by $2.00 per barrel to settle at $33.97. |
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Wed06Jan |
Scrapping in the sector during 2015 was also reported to be the second highest on record. |
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Wed06Jan |
An 18-month grace period means owners have until mid-2017 to comply. |
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Wed06Jan |
The four newbuilding Capesize vessels, which are currently under construction in China, are said to have been sold at a total price of $148 million. |
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Wed06Jan |
Banks are now likely to take over assets of Mercator Lines (Singapore), of which Mercator had owned about 66 percent, reports say. |
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Wed06Jan |
The debt is said to have been accrued through loans taken for the construction of the Hambantota Port, with payments due this year. |
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Wed06Jan |
51 vessels having discharged and/or loaded fuel oil last year, more than double the 22 seen in 2014. |
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Wed06Jan |
Strategic work must be made to further "self-regulation" of the bunker industry, says Denmark. |
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Wed06Jan |
ING failed to provide sufficient evidence to warrant vessel seizure, says Judge Nannette Jolivette Brown. |
|
Tue05Jan |
Bunkers were mostly soft today in the primary ports. |
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Tue05Jan |
"India is a very strategic location and offers tremendous opportunities for the Group," says Group CEO Karl Beeson. |
|
Tue05Jan |
Data from the Shanghai Containerized Freight Index shows that rates on Asia to Northern Europe routes jumped to $1,232 per TEU last week. |
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Tue05Jan |
In a new year address, "K" Line's CEO says he does not expect to see recovery for the container or dry bulk market in 2016. |
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Tue05Jan |
Iran also might buy refineries in other countries to ensure oil sales. |
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Tue05Jan |
The Baltic Dry Index fell to 473 on Monday, with weak demand from China largely credited for the tumble. |
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Tue05Jan |
A Persian Gulf oil insider believes negotiations under OPEC are remote. |
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Tue05Jan |
BP Chief executive Bob Dudley is predicting oil prices to bottom out in early 2016 Q1, and not fall under $30/bbl. |
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Tue05Jan |
The announcement is said to affect all ships, installing a small marine diesel engine with a power rating between 130 kilowatts and 750 kilowatts. |
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Tue05Jan |
Singapore, Fujairah, Rotterdam, Hong Kong, and Antwerp are the top 5 ports. |
|
Tue05Jan |
As in 2008, diesel-IFO differentials of $600/tonne could recur and remain until the market is able to respond, "which could take some time." |
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