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December, 2014
Date Headline Image
Tue09Dec
Sovcomflot Secures $319 million for New LNG Carriers
"This deal represents a major milestone for the company in 2014," says the group's CFO.
Tue09Dec
Atlantic Gulf Bunkering Launches 0.10% Sulfur Fuel Oil Product
The product will be offered for delivery in U.S. Gulf Coast ports from Friday, says AGB.
Tue09Dec
Bomin Linde Signs LNG Bunker Supply Deal
"This...is a further step along the path towards establishing LNG as a marine fuel in Germany," says Bomin Linde Managing Director Ruben Benders.
Tue09Dec
MGO Demand Up in St. Petersburg as LSFO Orders Fall Off
Buyers seek supplies of MGO in St. Petersburg as LSFO orders dwindle ahead of 2015 rules.
Tue09Dec
OW Bunker Collapse Means Double Payment for Bunkers Will Happen in Some Cases
"There will be no way around double payment," says founder of Denmark-based XO Shipping.
Tue09Dec
ABS Releases Guide, Introduces LNG Fuel Ready Notation for Vessels
"There is strong interest in preparing for a future in which LNG takes a bigger role," says Chairman and CEO, Christopher Wiernicki.
Tue09Dec
Swedish Player to Manage Seven Ex-OW Tanker Ships
Sirius Shipping will manage the ships while newly-created Alba Tanker looks for a buyer.
Tue09Dec
Integr8 Expands in Hamburg With Former OW Bunker Staff
Daniel Grünwald, Karl-Heinz Selmerto, Simon Kelly and Jose Antonio Monroy Ramirez have all joined Integr8.
Mon08Dec
Oil Prices Fall Further as the Market Searches for Bottom
The good news is that bunker prices remain headed in the buyers favor.
Mon08Dec
Total Marine Fuels Offering New ECA Compliant Distillate, LS IFO Targeted at Scrubber Users
TMF in Germany will also look to supply liquified natural gas (LMG) bunkers as well as other alternative fuels.
Mon08Dec
World Fuel Services Sells Interest In Crude Oil Joint Ventures
The sale includes the Pioneer Terminal in North Dakota for a base sale price of $43 million.
Mon08Dec
Oil Price Collapse Could Save Shippers $29 Billion in Bunker Costs
The figure is calculated starting from November 2013, when prices first started slumping.
Mon08Dec
OW Bunker: Lawyer Presents Further Evidence in Defence of Alleged Dynamic Oil Trading Fraud
Lawyers for ex-DOT CEO and Finance Manger say parent OW Bunker must have known of Tankoil debts since they shared a credit line, among other things.
 OW Bunker: Lawyer Presents Further Evidence in Defence of Alleged Dynamic Oil Trading Fraud
Mon08Dec
U.S. Supplier NuStar Secures Arrest Order for Another Ship in OW Bunker Fallout
Nustar is allegedly owed almost $2.46 million for roughly 3,600 metric tons of fuel
Mon08Dec
Overseas Shipholding Group Asks U.S. Court Who to Pay for OW Bunker Bill
OSG says it is ready to pay a $2 million fuel bill but wants a U.S. court to direct it as to who to pay.
Mon08Dec
Cockett Hires More than 10 from OW Bunker's China Team, Eyes Singapore Hires
Cockett Marine Oil has hired more than 10 traders and support staff from OW Bunker in China as it eyes Asian expansion.
Mon08Dec
Hempel Launches New 3% Fuel-Saving Antifouling Products
The products can be specified up to 90 months dry docking interval.
Fri05Dec
University of Southampton, Shell Collaborate on Ship Efficiency
The University of Southampton has created a new Professor of Ship Safety and Efficiency funded by Shell Shipping & Maritime.
Fri05Dec
Shell Commissions LNG Bunkering Vessel
"This specialized LNG bunker vessel is good news," says Shell's Maarten Wetselaar.
Fri05Dec
Skangass Inks LNG Bunkering Deal
"LNG has a fantastic potential as fuel for vessels and we are determined to further develop the infrastructure to serve the market," says Skangass CEO.