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Nov
October, 2014
Date Headline Image
Thu23Oct
Interferry Welcomes IMO Move to Consider Exemption from Ballast Water Rules
The MEPC now says a sub-committee should further consider the issue, including how appropriate operators could obtain an exemption certificate.
Thu23Oct
China Warns Maersk and MSC: We Need Alliances, but We Also Need Competition
"The cooperation model of 2M is different from P3," says Zhang Shouguo, the director of China Shipowner's Association.
Thu23Oct
Analysts Downgrade Chinese Bunker Supplier from Hold to Sell
The move was driven by "multiple weaknesses" in "multiple areas" according to analysts at TheStreet.
Thu23Oct
Singapore MFMs: Bunker Prices Will Be Higher on Paper, But You'll Actually Save
"For 1,000 tonnes, you will save $2,500," says industry veteran Simon Neo, Executive Director, Piroj International.
Thu23Oct
IMO Considers Improving Controls on Bunkers Delivered to Ships
Proposals for ensuring fuel delivered to ships will comply with regulations was backed by INTERTANKO.
Thu23Oct
Ship Agency and Broking Group Voices Concerns Over ECA Rules
ECASBA said it had concerns over how ECAs would affect shipping in the Baltic and North Seas.
Thu23Oct
Aegean Announces New $20 Million Share Repurchase Program
The company will buy back shares in open market or privately-negotiated transactions.
Thu23Oct
Marine Biofuel Supply Resumes in Hawaii
The company received a new fuelling permit and expanded production.
Thu23Oct
Russian Far East Ports Price Advantage Diminishes as Global Prices Fall
Ship & Bunker data shows the Vostochny, Singapore spread narrow from $170.50 pmt in January to $10 pmt last week.
Thu23Oct
Eco Vessels Losing Their Advantage as Bunker Prices Fall
Companies who turned to discounted, high-fuel-consumption Chinese ships are currently benefiting from plunging oil prices.
Wed22Oct
Crude Prices Resume Their Decline
After trying to gain some steam WTI is again testing the $80/bbl threshold.
Wed22Oct
Bad Weather Disrupts Bunkering at Novorossiysk
"We are able to supply inside the port, but not at the anchorage," a local source reports.
Wed22Oct
Mass Flow Meters Will Raise Singapore Bunker Volumes by 7 Million Tonnes
But bunker volumes are expected to dip 10-20 percent before rising again.
Wed22Oct
Study Concludes that Glycerine is a Viable Alternative Marine Fuel
A year-long project has found glycerine to be a possible non-toxic, low-emission fuel.
Wed22Oct
Carriers Will Continue to Slow Steam, Despite Falling Bunker Prices
Containerships are expected to continue slowing on fears of flooding the market with latent capacity.
Wed22Oct
Polar Code Gains MEPC Approval
The code may come into effect as early as 2017.
Wed22Oct
Supplier's Declaration on BDN May Change to Suit ECAs
A proposal was submitted to the IMO this week to include added text.
Wed22Oct
Shipping Industry Wants More Green Options
Nine in 10 agreed with a industry shift towards the "green agenda."
Wed22Oct
Denmark Pushes for NOx Controls
The Danish EPA hopes to establish NECAs in the Baltic and North Seas.
Tue21Oct
Oil Prices Edge Up
Bunker buyers should expect a narrower trading band near term and prices to move around this spot for a while.