Archive News

November, 2015
Date	Headline	Image
Mon23Nov	Bunker Price Decline Helps CMA CGM to "Strong" Financial Position Despite Q3 Earnings Fall and "Challenging Market" The company asserts that the container market "should rebalance during 2016" after posting a 9% revenue decline in Q3.
Mon23Nov	PWC Green Maritime Centre to Help Ship Owners Meet MRV Regulation The first reporting cycle of the MRV system is expected in January of 2018.
Mon23Nov	Aegean Posts Record Volumes, as Revenues Slide 40% on Low Oil Prices Despite a reduction in revenues due to lower sales prices, Aegean Marine Petroleum Network posted an increase in net income for the third quarter.
Mon23Nov	Box Rates Plummet on Key Asia-Europe Route Rates on the Asia to Northern route plummet to $295 per twenty-foot equivalent unit container.
Mon23Nov	Ardmore Adds Two More ECO Tankers to its "Fuel-Efficient" Fleet The company says it took delivery of two new product and chemical tankers, the 25,233 DWT Ardmore Chippewa and 49,999 DWT Ardmore Seahawk.
Fri20Nov	Disastrous Dry Bulk Market is "Overwhelmed" Says Georgiopoulos, as Baltic Dry Index Slumps to All Time Low "This market is looking like a disaster," says analyst Eirik Haavaldsen.
Fri20Nov	Another ECA Operator Posts Record Result for 2015 Q3 The sector appears to be a long way from 2015's previously predicted environment of fire sales and bankruptcies.
Fri20Nov	Asia Piracy Down in October But 2015 Still on Course to Hit a Five Year High ReCAPP reports no incidences of piracy and no hijacking for oil last month.
Fri20Nov	World Fuel Services Looking to Hire 70 in Costa Rica The hiring process is said to be part of a company plan for expansion in Costa Rica set for next year.
Fri20Nov	MAN Diesel & Turbo Buys LNG Bunker Business MAN Diesel & Turbo Sverige AB is acquiring the marine fuel gas supply system business of Cryo AB.
Fri20Nov	ExxonMobil: Specialist ECA Fuels Have Been Well Received by the Industry Company says "major vessel operators" advocate the use of ExxonMobil Premium AFME 200 and ExxonMobil Premium HDME 50.
Fri20Nov	Bunker Spill Vessel Owners Facing $1 Million Fine, 18 Months Imprisonment MV Marathassa's owners have agreed to appear in any legal proceedings or prosecutions.
Fri20Nov	Quadrise Relocates Emulsion Bunker Fuel Research Base to the UK The company has signed an agreement with the University of Surrey enabling the move of its primary emulsion fuels research base from Sweden to the UK.
Fri20Nov	China COSCO-CSCL Merger Approval Expected by January Sources say that one of the priorities of the talks are to "avoid any layoffs from the merger overlaps."
Thu19Nov	Crude Futures Flat Despite Supply Glut Expiring WTI contracts for December delivery settled down $0.21 cents after falling below the $40.00 threshold for the second day in a row.
Thu19Nov	U.S. Joins Lawsuit Against Inchcape for "Overcharged" Ship Husbanding The lawsuit alleges that the company knowingly over billed the U.S. Navy for ship husbanding services, which included fuel delivery, from 2005 to 2014.
Thu19Nov	Starbulk Widens Losses, Delays Newbuildings The company has also been downgraded by Deutsche Bank.
Thu19Nov	ECA Operators to Challenge EU Over Competition Distorting State Aid Scandlines and Stena Line are said to be preparing for a court battle that will argue that EU financial support for an undersea tunnel poses unfair competition.
Thu19Nov	Gibraltar to Host 2016 IBIA Convention The event will be held in conjunction with Her Majesty's Government of Gibraltar and the Gibraltar Port Authority from November 8 to 11, 2016.
Thu19Nov	Weekly Vessel Scrapping Report: 2015 Week 46 Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from November 12 – November 18, 2015.

Showing 61-80 of 228 articles from November, 2015

Jun 05

1INSIGHT: Not All Biofuel Bunkers Are Equal - Navigating Carbon Intensity, Compliance, and Cost

Marex's Bastien Declercq discusses how biofuel markets are likely to react to the IMO's new GHG regulation.
Jun 04

2Singapore Bunker Supplier Hai Yin Marine to Lose Licence This Month

The MPA has not directly given a reason for declining to renew the licence.
Jun 02

3BlackCoral Energy and Biofuel Express Join Forces on Marine Biofuel Supply

The new joint venture will initially focus on biofuel supply in northern Europe, BlackCoral Energy Managing Partner Jesper Christensen tells Ship & Bunker.
Jun 04

4MAN Energy Solutions Rebrands as 'Everllence'

CEO Uwe Lauber revealed the new brand name at the company's Augsburg headquarters on Wednesday.
Jun 02

5BC Petroenergy DMCC Hires Former World Fuel Services Manager

The new hire had previously worked for World Fuel Services since 2014.

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