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Jul
June, 2012
Date Headline Image
Fri22Jun
Company says the fossil fuel-free ships deliver competitive freight rates and equal performance against schedules of conventional oil powered ships.
Fri22Jun
Maersk, Hapag Lloyd, and APL have all announced freight rates increases of up to $500 per TEU in the last week, despite the recent fall in bunker prices.
Thu21Jun
Study says that cutting fuel use is the only effective choice to reduce what the Pentagon spends on petroleum fuels.
Thu21Jun
IFO380 in Singapore, Rotterdam, Fujairah, and Houston all hit lows for the month.
Thu21Jun
Shanghai Shipbrokers Association says "don't expect a result in the short term."
Thu21Jun
Canadian Steamship Lines says "Investing in sustainable technologies makes good business sense."
Wed20Jun
Crude prices dropped to an eight month low with many ports following the same downward trend.
Wed20Jun
WTI closes at $81.80 per barrel and some analysts think prices have not yet hit bottom with a drop to $75 a barrel "very likely."
Wed20Jun
Company opens a second office in China, eyes sales of low-sulfur fuel to ECA bound vessels and marine gas oils to the Chinese and regional markets.
Wed20Jun
Brightoil confirms Matassa exit and says during his term the U.S. business accumulated losses of approximately $15 million.
Tue19Jun
Global bunker prices dropped sharply across many global ports on Tuesday.
Tue19Jun
Carnival Q2 results should "meet or modestly beat" William Blair's estimates thanks to a drop in bunker prices.
Tue19Jun
Benchtop NEX QC analyser uses non-destructive analysis technique to determine the sulfur content of bunker fuel, diesel, and crude oil.
Tue19Jun
P&I club says members must comply with the new regulatory requirements where and when the North American ECA is in force.
Mon18Jun
Singapore IFO380 down $1 pmt while prices elsewhere in Asia rise.
Mon18Jun
Agreement on the need for government support of the IMO should be be one of the main outcomes of Rio+20.
Mon18Jun
Offers of help were refused say Gibraltar officials.
Mon18Jun
MPA cancel Winbuild Petrofin's licence following breach of terms.
Fri15Jun
Rotterdam IFO380 was up for a third consecutive day, seeing the highest price since June 1st.
Fri15Jun
Current Managing Director of Asian Operations, John Foo, to head U.S. operations until a replacement is found.