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Mar
February, 2016
Date Headline Image
Mon29Feb
Bunker buyers should start working inquiries earlier as yesterdays prices might continue to look cheaper and cheaper.
Mon29Feb
But CEO & Chairman Angeliki Frangou suggests the company is well-positioned to weather the tough markets with $176.9 million in cash on hand.
Mon29Feb
Low prices cause increased demand domestically.
Mon29Feb
MOL says that it will establish a Dry Bulker Business Unit and an Energy Transport Business Unit, effective April 1, 2016.
Mon29Feb
One trader has said that there is "no big issue" as "there is ample time to prepare ahead of the April 1 implementation."
Mon29Feb
Reports suggest that the shortage is likely to last for another week.
Mon29Feb
Bulk Invest says the allegations behind the legal injunction are "completely unfounded."
Mon29Feb
The increase in the number of vessels arriving at the port, is said to be the first such increase seen at Rotterdam since 2007.
Mon29Feb
But the world's largest independent storage tank operator reports a loss after tax related to the divestment of US terminals.
Mon29Feb
Chart Ferox and PPS win contract for LNG reloading station at Port of Klaipeda.
Mon29Feb
The Germany-based carrier says its average bunker consumption price fell to $312 per tonne in 2015, compared to $575 per tonne in 2014.
Mon29Feb
A brutal 2015 may have set the stage for a coming wave of acquisitions, mergers and tie-ups.
Fri26Feb
The vessel's cargo, which is said to consist of 4 tonnes of illegally harvested Amazonian timber, was prevented from entering the U.S. last month.
Fri26Feb
The Sustainable Shipping Initiative's Vision for 2040 is to transform shipping's reliance on heavy fuel oil to a diverse mix of low carbon energy sources.
Fri26Feb
These "black holes" are still so large as to prevent an LNG powered ocean going fleet from being "viable", says Singapore-based TRI-ZEN.
Fri26Feb
Iran fuel exports are ramping up, putting downward pressure on prices according to report.
Fri26Feb
Qatar's energy minister says the proposed freeze will gain support because it's in everyone's best interests.
Fri26Feb
Meanwhile, the country will participate in a March discussion about the proposed output freeze.
Fri26Feb
The changes relate to the supply of fuel to vessels fitted with alternative mechanisms for addressing sulfur emissions requirements, such as scrubbers.
Fri26Feb
Energy Minister Nasrul Hamid says the government is considering a review of the country's oil prices, which have been kept high despite falling global prices.