Archive News

November, 2013
Date	Headline	Image
Tue12Nov	Shipping to Become Increasingly Important in Singapore "I think more maritime and shipping activity will be coming to this side of the world," said Pacific International Lines' managing director.
Mon11Nov	OW Bunker: Significant Hedging Opportunities in Current Bunker Market Supplier says for 2014 it expects to see more hedging and the use of multiple hedging instruments to balance risk.
Mon11Nov	Crude Markets Start the Week Moving Up WTI rose $0.54 and settled at $95.14, while Brent gained $1.28 to end the session at $106.40.
Mon11Nov	"Very Big" Market Coming for LNG-Fuelled Ships VP of Crowley division says the fuel creates engineering challenges.
Mon11Nov	Dubai Firm Re-enters Shipping Market with Fuel-Efficient Vessels The six new ships will be placed on long-term charter with an oil major, Tristar said.
Mon11Nov	UK Groups Investigate New Bunker Fuel with No Sulfur Emissions The alliance says Glycerol fuel could replace diesel with little retrofitting, reducing emissions.
Mon11Nov	Dry Bulk Shipper Plans Fuel-Efficiency Upgrades Baltic Trading will spend about $250,000 per vessel to increase ships' future earnings potential.
Mon11Nov	FCS: Unprecedented Size of P3 Alliance Raises Regulatory Concerns Federal Maritime Commission says P3 is "unique both in size and scope."
Fri08Nov	Under Investigation China COSCO Exec Resigns Some reports say a former COSCO Group chairman has been prevented from leaving China.
Fri08Nov	U.S. Puts $1.4M Toward LNG Bunker Projects The funds will help convert a Horizon Lines ship to run on LNG and support a DNV study.
Fri08Nov	Cruise Operator Reports Big Jump in Profits Despite Rising Bunker Costs Regent Seven Seas Cruises achieved record revenues in Q3 and boosted its profits 57%.
Fri08Nov	Ten More Orders for Scorpio Bulkers The ships, ordered from two Chinese shipyards, will cost a total of $278 million.
Fri08Nov	Profits Jump for MISC on Floating Production System Income The company's revenues held steady while reducing its expenses with smaller petroleum and chemical fleets.
Fri08Nov	Tricks of the Bunker Trade: Tank Soundings to Detect Bunker Fuel Concealment Always use own sounding tape and a ruler to report exact sounding or ullage.
Thu07Nov	Crude Falls Back to Four-Month Low Bunker prices moved with crude and were softer in the primary ports.
Thu07Nov	Singapore Takes Step Toward LNG Bunkering With study completed, MPA seeks industry input before finalising standards.
Thu07Nov	China COSCO Exec Under Investigation The probe into Xu Minjie's dealings is suspected to be part of a crackdown on corruption across industries in China.
Thu07Nov	ExxonMobil: Flow Meters are "Bringing Bunkering into the 21st Century" Field Marketing Manager Iain White tells Ship & Bunker the technology can save bunker buyers time and money.
Thu07Nov	Eco-Shipping is Booming Because it's "Quite Inexpensive" Reducing fuel use helps with costs, and winning business from environmentally conscious customers.
Thu07Nov	Another Navy Officer Charged in Bribe Scandal "This massive Navy fraud and bribery investigation continues to widen."

Showing 101-120 of 153 articles from November, 2013

Apr 23

1IMO 2028: How Much Biofuel Will Be Needed to Avoid Penalties?

Initial Ship & Bunker analysis shows ships would need to use between 17.6% and 23.3% biofuel in B100 terms to avoid penalty charges in 2028.
Apr 24

2South Korea Encourages Shift to Mass Flow Meters for Bunker Measurement

Suppliers in South Korea are already shifting to the use of MFMs, and barge fees are likely to rise in the country as a result, a local source tells Ship & Bunker.
Apr 24

3FincoEnergies Expands Maritime Reach with Stake in Dutch Bunker Firm

FincoEnergies has partially acquired the business operations of bunker supplier Oliehandel Klaas de Boer.
Apr 24

4VPS: Cashew Nut Shell Liquid – Biofuel Saviour or Concerning Contaminant?

Steve Bee of VPS discusses the potential for cashew nut shell liquid to be used as a biofuel component in bunker blends.
Apr 24

5Minerva Deploys Floating Storage at Jeddah to Boost Red Sea Bunkering

The 113,000 m3 capacity floating storage unit will store VLSFO, HSFO and MGO.

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