Mon30Mar |
Business director Gerd-Michael Wursig hinted that LNG could be competitive enough in the future to overtake HFO. |
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Mon30Mar |
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. |
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Fri27Mar |
Current proposal for MEPC68 is not what the organisation had hoped for, says Tim Wilkins. |
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Fri27Mar |
Naval forces reportedly responded to distress calls in time to fend off pirates. |
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Fri27Mar |
Operations were suspended Tuesday night. |
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Fri27Mar |
LNG will make up only 1.5 percent of bunker demand by 2020, but will grow following changes to environmental regulations. |
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Fri27Mar |
Previous reports listed Brightoil as potentially being interested in acquiring the commodities trading giant. |
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Thu26Mar |
WTI crude futures rose over 4%, Brent crude futures surged 5%. |
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Thu26Mar |
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. |
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Thu26Mar |
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Thu26Mar |
However crude oil storage was said to be the priority, as throughput and revenue are higher. |
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Thu26Mar |
Hong Kong and South Korea are seeing enquiries rise as Japanese traders have little to offer the market. |
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Thu26Mar |
"Using a boilerplate contract that addresses key procedures and regulatory requirements adds a valuable tool for bunker negotiations," says BIMCO. |
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Thu26Mar |
Senior Vice-President Ole Grone said that the price of the technology is likely to drop as newer technology enters the market. |
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Thu26Mar |
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. |
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Thu26Mar |
The gap between supply and demand for containerships is expected to widen next year. |
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Thu26Mar |
The port also has plans to expand storage facilities for onshore bunkering. |
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Thu26Mar |
Carriers, including Maersk Line, are attempting to raise freight rates for the 5th time this year. |
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Wed25Mar |
Stemming bunkers sooner rather than later could save money in the long run if issues continue in the Middle East. |
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Wed25Mar |
However the industry will "wait and see" while infrastructure concerns are addressed and other compliance options considered, says shipowner. |
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