Archive News

May, 2015
Date	Headline	Image
Thu21May	Weekly Vessel Scrapping Report: 2015 Week 20 Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from May 14 - 20, 2015.
Thu21May	New Hire for KPI Bridge Oil in Seattle "Daniel has advantageous knowledge of the maritime industry and its needs," says KPI Bridge Oil.
Thu21May	Tauranga Harbour Bunkering Suspended in Wake of Bunker Spill Clean-Up "We will not recommence refueling from the bunker pipeline until we have full confidence in its integrity," says Mobil New Zealand.
Thu21May	Aegean Looking to Recover $2.3 Million from OW Bunker Deals The company currently has $7 million in outstanding receivables from various OW Bunker entities.
Thu21May	State of Emergency Declared as Burst Pipeline Spills Crude on California Coast A Plains All American pipeline on Tuesday ruptured, spilling an estimated 21,000 gallons of crude oil into the Pacific Ocean
Thu21May	Aegean Claiming $28 Million in Compensation from Hess Over Purchase of its US East Coast Bunker Business Hess' bunker business was bought by Aegean in 2013 for $30 million.
Wed20May	Crude Futures Back on the Rise EIA said there were significant draws from US inventories.
Wed20May	CMA CGM Reports 400% Profit Hike in First Quarter A new emphasis on operational and cost efficiency, along with cheap bunkers, had a positive affect on the bottom line.
Wed20May	Operator Says Fuel Oil Emulsion Trial Shows Promise of Emissions Reduction, Cost & Consumption Savings "FOE has lower harmful emissions compared with normal fuels and this improves Health and Safety for those who have to work with it," says KiwiRail.
Wed20May	Singapore Maintains Record High Bunkers Sales Momentum 2015's four month bunker sales total was 214,000 mt higher than the previous record high for the the period achieved in 2012.
Wed20May	Demand for Efficient and Low-Emission Propulsion Systems is Increasing, Says Compressor Systems Firm A manufacturer of compressors for fuel gas supply attributes an order increase to stricter environmental regulations.
Wed20May	Drewry: The Gamble on Ultra Large Container Vessels has Backfired Newbuild 10,000 TEU capacity tonnage will also make it harder to cascade existing tonnage into secondary routes to make way for new mega-ships.
Wed20May	Thailand and China Deny Deal on Building Kra Canal to Bypass Singapore Panitan Wattanayagorn, security advisor to the Thai deputy prime minister, said the reports from China might have been the result of a misunderstanding.
Wed20May	Port of Antwerp Grants LNG Bunker & Scrubber Users Discount for Lowering Particulate Emissions The Belgian port says that seagoing vessels that reduce particulate emissions through alternative technologies will be eligible to receive a discount on Antwerp Port dues beginning June 2015.
Wed20May	Drewry: Dry Bulk Unlikely to Be Profitable Until 2017 China is poised to move away from iron and coal to renewable energy sources, casting a pall on the dry bulk market
Wed20May	Report: LNG Bunker Markets in U.S. and Europe Have Estabished, but are Seeing Slower Uptake Than Hoped For But Singaporean consultancy TRI-ZEN said that it expects LNG demand to rebound and supply shortages to occur in the future
Tue19May	Oil Prices Sink as U.S Dollar Strengthenes Additional, impetus was provided by news yesterday that Saudi Arabia has produced and exported more crude than they have in over a decade.
Tue19May	BP and Sinopec Form Singapore-Based Joint Bunkering Business The newly-formed BP Sinopec Marine Fuels Pte Ltd. will be based in Singapore.
Tue19May	Scorpio Tankers in Further Fleet Expansion The currently under construction vessels come at a cost of approximately $60.0 million each.
Tue19May	Port Official: Shore Power is a Last-Generation Solution at Most Major Ports The availability and use of ultra-low sulfur fuels, plus scrubbers have made the technology obsolete.

Showing 61-80 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 02

5BlackCoral Energy and Biofuel Express Join Forces on Marine Biofuel Supply

The new joint venture will initially focus on biofuel supply in northern Europe, BlackCoral Energy Managing Partner Jesper Christensen tells Ship & Bunker.

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