Archive News

December, 2014
Date	Headline	Image
Tue23Dec	NewOcean Energy Acquires Hong Kong Bunker Business "Seriously Affected" by OW Bunker Collapse NewOcean Energy already owns the other half of Ego Time Group through a subsidiary.
Mon22Dec	Crude Prices Fall For a Fourth Straight Week Some are anticipating the market to be at the $50 level by New Years.
Mon22Dec	Aegean Expands into Gulf of Mexico, Takes Over OW Bunker Vessels Aegean says it also expects to purchase the fuel currently on-board the bunkering vessels.
Mon22Dec	BIMCO's New Standard Bunker Contract Now Available to the Industry Sample copies are available to download free of charge from the Chartering/Documents section of the BIMCO website.
Mon22Dec	Maersk Line: We're Not Profiting from Low Bunker Prices Maersk will only profit if low bunkers spurs economic and trade growth, says Maersk Line Asia Pacific CEO.
Mon22Dec	Shipyards Fighting for $4.5 Billion Worth of 20,000 TEU Box Capacity Ship Orders The estimated $150 million price tag for each ship will be lower than what Maersk Line paid for its Triple E ships.
Mon22Dec	Wärtsilä: The World is Switching to Natural Gas The company has been given the go-ahead for the construction of its first LNG Terminal at the Port of Tornio, northern Finland.
Mon22Dec	OW Bunker Trustees Want Singapore's Tankoil Declared Bankrupt The relationship between Tankoil and DOT can't be examined until Tankoil goes bankrupt, according to Trustees.
Fri19Dec	NAPA: Ships are Facing Pressure to Control Fuel Costs The company also announced that K-Line would be installing NAPA's eco-efficiency software on three ships.
Fri19Dec	Aegean Poised to Benefit with U.S. Expansion The company has been quick to snap up assets formerly belonging to OW Bunker
Fri19Dec	Quadrise MSAR Emulsion Fuel Little Impacted By Falling Oil Prices The company's MSAR synthetic fuel is expected to have a slightly delayed launch, but will begin production in the first quarter of 2015.
Fri19Dec	BIMCO: No Case to Increase Vessel Speeds Decreasing bunker costs from falling crude prices have been offset by overcapacity in the industry.
Fri19Dec	Ex-OW Manager Arrested For Alleged Fraud The suspect is thought have helped sell €7 million worth of non-existent fuel to the Italian Navy.
Thu18Dec	Another Down Day for Crude Oil Prices Smaller trading volumes at the NYMEX going into the Christmas holiday could lead to increased volatility and huge swings in pricing in either direction.
Thu18Dec	Weekly Vessel Scrapping Report: 2014 Week 51 Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from Dec 11 - Dec 17, 2014.
Thu18Dec	EU to Invest €2.5 Million in LNG Facilities at the Port of Bremen The project is part of the EU's TEN-T Programme, which aims to have LNG facilities at all core EU ports by 2030.
Thu18Dec	Major Philippines Bunker Depot Ordered to Close By Mid-2015 The Pandacan Terminal site will be converted into a commercial zone.
Thu18Dec	Altor Defends DOT Omission from OW Bunker IPO Prospectus "DOT is not mentioned separately as the company is part of the sales division," claims Altor.
Thu18Dec	Intertanko Launches ECA Bunker Surcharge Clause The clause aims to "minimise the risk of bunker volatility for Members, and to take account of increasingly onerous regulations on emissions," says Intertanko.
Thu18Dec	IBIA: Our 2015 Most Ambitious Programme Ever "We're deeply involved in developing new standards at IMO," said Peter Hall, CEO, announcing IBIA's involvement in two IMO working groups next year.

Showing 41-60 of 192 articles from December, 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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