Archive News

November, 2014
Date	Headline	Image
Wed12Nov	Singapore's Hin Leong Preparing $1.3 million Lawsuit Against OW Bunker Hin Leong Trading is preparing court proceedings to recover $1.3 million following the sale of goods.
Wed12Nov	Wärtsilä: There's a Big Change Going on from Heavy Fuel to Gas "Anything in relation to gas and that market is interesting for us," says president and CEO Bjorn Rosengren.
Wed12Nov	MOL, Asahi, Ultranav, and OSG Form Pool of MR Tankers The fleet consists of approximately 60 medium-range tankers.
Wed12Nov	Stena and Mann Lines Team Up on Baltic Routes The cooperation began November 1, 2014.
Wed12Nov	Hamburg Süd Raises CO2e Reduction Goals The company will raise its goals to 45 percent CO2-equivalent reduction between 2009 and 2020.
Wed12Nov	Consortium Exploring LNG Fuel for Fishing Vessels The group will also research compressed natural gas.
Tue11Nov	Bunker Jobs: World Fuel Services is Growing Opportunities for Brokers, Traders, Marketing, Finance, HR, and IT.
Tue11Nov	SGMF Expands Scope in U.S. SGMF has named a U.S. Vice Chairwoman for its Training and Competency Working Group.
Tue11Nov	New Bibby-USM Alliance to Target Chinese Market The newly-formed company will specialize in in the offshore, LPG, and LNG sectors.
Tue11Nov	MPA: OW Collapse Will Cause Minimal Disruption to Bunker Supply in Singapore "MPA is working with the industry and the industry associations to mitigate any potential impact on bunkering operations in Singapore."
Tue11Nov	Suez Overtaking Panama Canal on Asia-U.S. East Coast Route Shippers from Hong Kong and South China have switched routes despite the Panama Canal holding the shorter distance according to Drewry.
Tue11Nov	Wärtsilä Wins Order for 54 LNG Engines The fleet of carriers will serve the Yamal LNG project in Northern Russia.
Tue11Nov	Singapore's Ezion Completes AusGroup Deal, Moves Ahead with Bunkering in Northern Australia Ezion has sold its marine suppy base business to AusGroup, in which it holds 17.8 percent, and is building a 30 million litre fuel tank facility at Port Melville.
Tue11Nov	FMC's Lidinsky Calls For "Global Regulatory Approach" to Box Shipper Alliances Commissioner Lidinsky said box shippers "detest any regulation" and have "an unbridled sense of entitlement."
Tue11Nov	Skuld: Sub-Contractor Claims May Follow OW Bunker Bankruptcy Skuld has warned members that sub-contractors for OW Bunker may directly pursue vessels for bunker supplies left unpaid after its bankruptcy.
Tue11Nov	Top 10 Singapore Bunker Supplier Tankoil Marine Services Implicated in Alleged Dynamic Oil Trading Fraud Tankoil is said to have been involved in a "credit sleeving" scheme with DOT.
Mon10Nov	Brent Hits a 4 Year Low Concerns grow that OPEC will not be cutting prices or production amid the oil supply glut
Mon10Nov	Alleged Dynamic Oil Trading Fraud was "Untimely Lack of Care" and Not Illegal Activity, Says Lawyer "The case is not that somebody has stolen money" but "that a big credit given to one customer was built up," says a lawyer.
Mon10Nov	Analysts: Aegean, World Fuel Services Set for Growth Following OW Bunker Collapse "Aegean's business model is differentiated enough from that of OW to make a repeat of the same problems unlikely," says a Nasdaq report.
Mon10Nov	Star Bulk Eco-Fleet Saves Up to 25% in Bunker Costs Almost 60 percent of the company's fleet is fuel efficient.

Showing 141-160 of 223 articles from November, 2014

Jul 11

1Singapore Overtakes Balboa as Monjasa's Top Supply Location

The firm sold more than one million mt of marine fuels in Singapore in 2024.
Jul 11

2Chemical Tanker Arrested in Singapore

The ship was built in 2008 and came to Singapore earlier this month after previously visiting Taiwan and China.
Jul 10

3Glander 2024/25 Pre-Tax Profits Hold Steady from Previous Year

CEO Carsten Ladekjær said the firm will adapt to new changes in the fast-changing market.
Jul 09

4Indian State Sues MSC for $1.1 Billion Over Bunker Spill Caused by Sunken Ship

The Kerala state government has secured a court-ordered arrest of another MSC vessel, MSC Akiteta II, currently held at Vizhinjam Port.
Jul 09

5Petrobras Offers Discounts on Bunker Stems Above 1,500 MT at Santos

The new bunker pricing policy will be applicable from July 10.

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