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Apr
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.
 Weekly Vessel Scrapping Report: 2015 Week 12
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.