Archive News

May, 2015
Date	Headline	Image
Fri29May	Friday Oil Futures Surge Over 4 Percent U.S. oil inventories and the U.S. rig count both fell, while next week's meeting of the OPEC was also reported to be "top of mind" for traders.
Fri29May	Petrobras: Q1 2015 Bunker, Fuel Oil Sales Fall 23% Fuel oil sales revenue dropped to $770 million from $1 billion the year before.
Fri29May	Shanghai Plans to Establish New Fuel Standard For Vessels The current standard will be replaced by a yet undetermined standard that will be "stricter than the national one."
Fri29May	MPA: Arctic Shipping Lanes Won't Challenge Singapore's Status as a Global Shipping Hub "Any Time Soon" The Authority says automation will help keep Singapore competitive.
Fri29May	Korean Register Opens World's First Green Ship Certification Center The facility will certify green ship equipment and carry out R&D projects.
Fri29May	Industry Insight: Hybrid Wind Marine Propulsion Systems, a 200 Year Old Idea Teramoto Iron Works, who produced rigid sales over 40 years ago, is now working with Eco Marine Power on the next generation wind power systems.
Fri29May	Hong Kong Pulls Plug on Cruise Terminal Shore Power System Establishing shore power is not a "priority task", says government department.
Fri29May	Promotions Anounced at BMS United Bunkers Eleni Karlaftis joined the company 15 years ago, while George Kounalakis has been with the firm for 10 years.
Thu28May	Weekly Vessel Scrapping Report: 2015 Week 21 Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from May 21 - 27, 2015.
Thu28May	Crude Futures Settle Higher Early in the trading day the market was soft, Brent futures reached levels we had not seen since early April.
Thu28May	Aegean Beats Analyst Expectations in First Quarter as Bunker Sales Volume Rises 7.8% However, revenues and profits decreased from last year.
Thu28May	BP Deal Sees Sinopec Resume Supply of Bonded Bunker at Shenzhen: Source Source at Sinopec says the resumption of bonded bunker supply will happen next month.
Thu28May	Lukoil Bulgaria to Supply Bunkers for Black Sea Pipe-Laying Ships The company will supply fuel for pipe-laying ships in the Black Sea on the request of Saipem
Thu28May	CWR: Charterers Representing 20% of Global Shipped Tonnage Shun Inefficient Vessels Carbon War Room says that charters are using the GHG Emission Ratings to exclude inefficient vessels.
Thu28May	Better Port Scheduling Would Reduce Fuel Consumption, Vessel Emissions Emel Aktas from Cranfield School of Management argues that better coordination between ships and ports will benefit both parties.
Thu28May	Stolt-Nielson Predicts Weak Chemical Tanker Market for the Next 3 Years Jens F. Grüner-Hegge, Vice President of Corporate Finance at Stolt-Neilsen, says there are too many ships and not enough cargo.
Thu28May	Niche Carriers Can Still Thrive on East-West Trade: Drewry The consultant says Matson Navigation's operating margin was at levels that its international competitors could only dream of.
Thu28May	Glander International Bunkering's Longest Serving Team Member Takes the Helm in India GIB says the change was made to boost the performance level of the office and contribute to the overall growth strategy of the group.
Thu28May	Overlapping Maritime Enforcement Jurisdictions May Cause Confusion for Shippers In particular, the EPA and Coast Guard have some conflicting jurisdictions.
Thu28May	Rising Bunker Costs, Charter Rates Poised to Squeeze Carriers Meanwhile, attempts to apply general freight rate increases have largely failed.

Showing 1-20 of 189 articles from May, 2015

Jun 09

1Hartree Marine Expands US East Coast Physical Supply with Norfolk Launch

The firm already supplies bunker fuels at key East Coast ports, including New York, New Jersey Philadelphia and Baltimore.
Jun 09

2Greek Supplier Coral Marine Introduces ULSFO for Med Sulfur Compliance

The move comes as shipping firms adjust to the new 0.1% sulfur limit now enforced across the Mediterranean Sea.
Jun 05

3INSIGHT: Not All Biofuel Bunkers Are Equal - Navigating Carbon Intensity, Compliance, and Cost

Marex's Bastien Declercq discusses how biofuel markets are likely to react to the IMO's new GHG regulation.
Jun 04

4Singapore Bunker Supplier Hai Yin Marine to Lose Licence This Month

The MPA has not directly given a reason for declining to renew the licence.
Jun 09

5Singapore-Flagged Boxship Catches Fire Off India

The vessel was en route from Colombo to Mumbai when an onboard explosion triggered a major fire off the coast of Kerala.

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