Archive News

March, 2015
Date	Headline	Image
Mon30Mar	DNV GL: Oil Output Cuts Could See HFO Disappear by 2025 Business director Gerd-Michael Wursig hinted that LNG could be competitive enough in the future to overtake HFO.
Mon30Mar	2020 Global Sulphur Cap Could Add $100Bn to Shipping's Annual Bunker Bill The premium for ECA compliant MGO over HFO is expected to remain in the range of $250 and $400 per tonne, regardless of price fluctuations.
Fri27Mar	Intertanko: IMO Should Use Singapore Model to Shape International Standards on Fuel Quality Best Practice Current proposal for MEPC68 is not what the organisation had hoped for, says Tim Wilkins.
Fri27Mar	Iranian Navy Prevents Pirate Attack on Oil Tanker Naval forces reportedly responded to distress calls in time to fend off pirates.
Fri27Mar	Deliveries in Santos are "Back to Normal" Operations were suspended Tuesday night.
Fri27Mar	LNG to Corner 12% of Bunker Market by 2030 LNG will make up only 1.5 percent of bunker demand by 2020, but will grow following changes to environmental regulations.
Fri27Mar	Brightoil Denies Interest in Acquiring Noble Previous reports listed Brightoil as potentially being interested in acquiring the commodities trading giant.
Thu26Mar	Crude Prices Soar as Yemen Conflict Unfolds WTI crude futures rose over 4%, Brent crude futures surged 5%.
Thu26Mar	Update 1: MPA Rejects Claim it Could Have Averted OW Bunker Bankruptcy MPA also says no malpractice was found at Noble, and that its exit from bunkering was because they decided not to renew their bunker supplier licence.
Thu26Mar	Weekly Vessel Scrapping Report: 2015 Week 12 Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from Mar 19 - 25, 2015.
Thu26Mar	Bunkering Facilities, Storage Set to Grow in Fujairah However crude oil storage was said to be the priority, as throughput and revenue are higher.
Thu26Mar	Tight Bunker Supply in Japan Drives Business Elsewhere Hong Kong and South Korea are seeing enquiries rise as Japanese traders have little to offer the market.
Thu26Mar	BIMCO Standard Bunker Contract "Already Being Readily Accepted by Suppliers and Traders Worldwide" "Using a boilerplate contract that addresses key procedures and regulatory requirements adds a valuable tool for bunker negotiations," says BIMCO.
Thu26Mar	No Need For Shipowners to Rush on LNG, Says MAN Diesel & Turbo Senior Vice-President Ole Grone said that the price of the technology is likely to drop as newer technology enters the market.
Thu26Mar	Lower Bunker Costs Not Enough to Fund Required Investments for Box Carriers Continuing investment in new, larger vessels is vital for the future of container lines, but lower bunker prices are unlikely to boost financial positions sufficiently, says report.
Thu26Mar	Shipowners Expect Better Charter Market in 2016 The gap between supply and demand for containerships is expected to widen next year.
Thu26Mar	Mauritius To Expand Storage Facilities for Onshore Bunkering, Start Offshore Bunkering Before End of 2015 The port also has plans to expand storage facilities for onshore bunkering.
Thu26Mar	Alphaliner: Repeated Rate Increases From Carriers "Hard To Justify" Carriers, including Maersk Line, are attempting to raise freight rates for the 5th time this year.
Wed25Mar	Crude Rises to 2 Week High Stemming bunkers sooner rather than later could save money in the long run if issues continue in the Middle East.
Wed25Mar	Dual-Fuel Engines to Feature Increasingly in Box Markets However the industry will "wait and see" while infrastructure concerns are addressed and other compliance options considered, says shipowner.

Showing 21-40 of 209 articles from March, 2015

Jul 10

1Glander 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

2Indian 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

3Petrobras Offers Discounts on Bunker Stems Above 1,500 MT at Santos

The new bunker pricing policy will be applicable from July 10.
Jul 09

4VIEWPOINT: Long Non-Compete Clauses Unfairly Victimise Older Employees

Vernon Jayanathan of Maritime Recruitment Company Ltd discusses the use of non-compete clauses in the bunker trader job market.
Jul 07

5Sekavin Launches Istanbul Physical Supply Operation

The company is supplying LSMGO to start with and intends to add more fuel grades, a Sekavin representative tells Ship & Bunker.

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