Archive News

May, 2015
Date	Headline	Image
Wed06May	Matson To Install Scrubbers on Alaskan Containerships Acquired From Horizon Matt Cox, president and chief executive officer of Matson, says the shipper will also look for ways to expand the use of LNG.
Wed06May	Containerships Selects Eniram to Help Reduce Bunker Costs and Improve Ship Efficiency Containerships will be working with Eniram to optimise its vessel performance and reduce fuel consumption and emissions.
Wed06May	Matson Sees "Positive Impact" from Lower Bunker Prices as Profits Soar Timing of fuel surcharge collections, higher China freight rates, and other factors are credited for Matson's strong Q1 showing.
Wed06May	Bomin Expands Into Far East Russia Bomin says it will supply a full range of fuel across all Far East ports.
Wed06May	Dry Bulk FFA Market Volume Surges in April Volumes surged 60 percent higher than average in the first three months of 2015.
Wed06May	Industry Insight: Is the IMO Really Falling Short With its Emission Reduction Targets? The IMO's 2020 goal is to reduce CO2 emissions by more than 20% compared to 2005. Is it fair then to infer that the goals are a little archaic?
Wed06May	Study: Many Ships Already Meet EEDI 2020 Requirements 34 percent of containerships and 43 percent of general cargo ships built in 2014 also meet or exceed the EEDI target for 2030.
Tue05May	Crude Futures Soar to Hit New Highs for 2015 Brent settled up $1.95 since yesterdays close, while WTI front month contracts for June firmed heavily, rising $1.47 since yesterdays close.
Tue05May	Drewry: Only a Matter of Time Before Ocean 3 Becomes Ocean 4 The addition of Hamburg Süd is a "logical fit," according to Drewry.
Tue05May	Analysts Maintain "Hold" Rating for Aegean Aegean's fourth-quarter EPS was in line with analyst estimates.
Tue05May	New Marine Engines Tested and Certified to Use Ethane Wärtsilä's 50DF marine engine was tested with the help of Denmark-based Evergas.
Tue05May	WFS: Record Q1 Bunker Volumes "Totally Unrelated" to OW Bunker Collapse "The OW impact I think is then pretty drastically exaggerated to a certain extent," says chairman and CEO Michael Kasbar.
Tue05May	Bunker Costs Down But Anemic Growth in 2014 for Hamburg Süd Declining freight rates and a weak US dollar cause total sales to fall.
Tue05May	Kristian Mørch Named New CEO and President of Odfjell SE Mørch will be leaving Gary Vogel, his co-CEO since 2013, as sole CEO for the Clipper Group.
Mon04May	Brent and WTI June Contracts Jump to levels Unseen as of 2015, But End the Day Down Buyers should still be purchasing as far out as possible until a true reversal in the current trend is seen.
Mon04May	New Tolls, Loyalty Program for Panama Canal, Bunkering Moved to New Segment The new tolls, which also includes a customer loyalty program for container lines, will apply to the two existing lanes of the canal and a new, third lane.
Mon04May	Boost from Low Bunker Prices Less Than Expected as Vale Posts $3.1 Billion Net Loss Brazilian mining giant loses out on fuel hedge, while "prices of diesel in Brazil are not directly correlated to international oil prices."
Mon04May	World Fuel Services Reports "Solid" First Quarter Earnings WFS reported an eleventh consecutive quarter of positive cash flow from operations.
Mon04May	MPA Signs $1.83 Billion Singapore Mega Port Project The new port terminal will have 20 deep-water berths with a capacity of 20 million TEUs per year.
Mon04May	NZ Bunker Spill: The Volume Itself is Irrelevant, Whether the Response was Appropriate is the Key Factor, says Mobil "In this case, we can be absolutely confident the Bay of Plenty Regional Council has manned an excellent response," says spokesperson.

Showing 161-180 of 189 articles from May, 2015

Sep 16

1Peninsula Launches South Africa Physical Supply Collaboration

The firm has established its new Algoa Bay operation in collaboration with local logistics and bunker barge company Linsen Nambi.
Sep 19

2FOCUS: Powering the Energy Transition with Moeve

Our ambition is to lead the energy transition in Europe, accelerating our own decarbonization and the decarbonization of our clients.
Sep 16

3Commodity Firm HMS Bergbau Enters Global Marine Fuel and Lubricants Trading

The firm will concentrate on global markets, with an emphasis on Asia and South America.
Sep 18

4B24 Biofuel Performs Similar to VLSFO in Six-Month Trial Led by GCMD

The trial finds no excessive wear, sludge or microbial growth after continuous biofuel use.
Sep 19

5Bunker Demand: Major Hubs Average 3.9% Gain Despite Tariffs

US bunkering locations appear to be the hardest-hit so far by tariff tensions, according to the latest volumes survey from Ship & Bunker and 2050 Marine Energy.

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