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Jun
May, 2014
Date Headline Image
Thu08May
Crude Benchmarks Correct After Overreaction to EIA Report
Brent slipped $0.09/bbl settling at $108.05/bbl while WTI retracted $0.51/bbl to $100.26/bbl.
Thu08May
OW Bunker Starts U.S. West Coast Supply, Announces 3 New Hires
The company has hired three new managers for the operation, covering Los Angeles and Long Beach.
Thu08May
$5M Finance Deal for Marine Battery Firm
Corvus Energy has also appointed a new interim CEO.
Thu08May
Eco Reporting Groups Explore Merger
The Clean Cargo Working group and Clean Shipping Index say uniting would help create uniform standards.
Thu08May
German Shipowners: Eco-Shipping Demands Government Support
Ownership within the industry is shifting as private equity takes over for banks and KG funds.
Thu08May
India Seeks Funds to Promote Coastal Shipping
The plan would use World Bank money to promote shifting cargo from land to sea transport.
Thu08May
Romanian Bunker Player Expands Team
Laura Codruta Enache said to have over two decades of experience in the bunkering industry.
Thu08May
Industry Insight: New Lubricants for New Circumstances
Amid the maritime industry's focus on fuel efficiency and environmental regulation, the days of clear-cut cylinder oil decisions are over.
 Industry Insight: New Lubricants for New Circumstances
Wed07May
Brent and WTI Increase as US Production Dips
Bunker buyers should beware - prices are much more likely to increase significantly than decrease over the near term
Wed07May
Matson Profits Drop on Bunker Surcharge Timing
The U.S. carrier said is businesses "are running well," anticipates 2014 results similar to 2013.
Wed07May
Glander International Bunkering Expands Team in Florida
Justin Sander said to have a high level of international bunkering experience.
Wed07May
Inside Opinion: Lessons from OSG - Does Ch11 Skew the Global Playing Field?
Could we have seen many more shipping bankruptcies in Europe if there was Ch11 protection, and bankruptcy didn't mean liquidation?
 Inside Opinion: Lessons from OSG - Does Ch11 Skew the Global Playing Field?
Wed07May
New Managing Director for Trumf Bunker
Kenni Goldenbeck's appointment was effective May 1, 2014 and was said to have "solid managerial experience" and an "international background."
Wed07May
Titan Reaches 10% Payback Deal with Creditors
The debt arose from bareboat charters the parties agreed to in 2010.
Wed07May
Retailer Reduces Emissions, Spending with Short-Sea Shipping
Tesco says it saved €300,000 per year on a single route by moving cargo from trucks to ships.
Wed07May
New "ECA Aware" Voyage Calculator Product from AWT
The software company says the program can incorporate weather, hire rates, ECAs, and other factors.
Tue06May
Slight Gain for WTI as Brent Slips
WTI settled slightly up $0.02/bbl to $99.50/bbl while Brent slipped $0.66/bbl finishing at $107.06.
Tue06May
Buckeye Revenues Up on Hess Acquisition
Integration of the Hess terminals in the U.S. and St. Lucia is ongoing, CEO says.
Tue06May
LR: LNG Advantages Not as Clear-Cut as Some Suggest
John Bradshaw, Lloyd's Register Marine's lead project engineer for machinery says there's no end in sight to competition among fuels.
Tue06May
Shipowner Revenue Down as Ships Paused for Redelivery
Rickmers Maritime predicts no recovery in charter rates until 2015 as oversupply continues.