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Jul
June, 2014
Date Headline Image
Thu26Jun
Italian Player Sells its Bunker Business
Petrolmar's bunker business, which was acquired by Dutch shipping firm Vroon, has been sold to Italian bunker vessel owner Ciane.
Thu26Jun
Bunker Player Anticipates Huge Growth in Distillate Sales for North and Baltic Sea Region
Next year the North and Baltic Sea region's diesel fuel market is predicted to grow by 10 million tonnes to 13.5 million tonnes.
Wed25Jun
First Approval in Over 40 Years for Exports of Unrefined US Oil Outside North America
Some analysts say the move could lead to a broader relaxation of the country's export ban.
Wed25Jun
Unstable Bunker Prices Boost Firm's Growth
With oil markets volatile, Global Risk Management said its support for hedging strategies helps clients.
Wed25Jun
Carnival Q2 Profits Jump Despite Higher than Predicted Bunker Prices
The price that the cruise company paid for bunkers was still less than last year, and fuel consumption also declined.
Wed25Jun
SeaIntel: 2015 ECA Rules Could Create a "Low-Sulfur Surcharge Price War"
The container market analyst says next year Baltic feeder charges could rise $190 per TEU.
Wed25Jun
Singapore Double Bunker Barge Collision Damages NYK Car Carrier
Lord Vishnu said to have suffered severe damage, with large holes reported both at and above the water line.
Wed25Jun
Emissions Rules Put Pressure on Feeders
"Emissions will be a burning issue during the run up to 2015," says Delphis head.
Wed25Jun
19 Tanks Planned for Fujairah Refinery Terminal
An ENOC subsidiary has been contracted for the project, which is scheduled for completion in 17 months.
Wed25Jun
OW Bunker Reaches Deal for Release of Arrested Tanker
The German-owned VLCC was arrested in India in April over a $2.28M debt.
Tue24Jun
Gains for Brent as Conflict in Iraq Continues
Brent gained $0.34/bbl settling at $114.46/bbl while WTI slipped $0.14/bbl resting at $106.03.
Tue24Jun
First MAN Diesel Dual-Fuel ME-GI Engines Delivered
NASSCO is using the engines in the construction of one of TOTE's LNG-fuelled containerships.
Tue24Jun
OW Bunker Acquires Wilhelmsen Marine Fuels
WMF was said to be a better fit into OW Bunker's business than Wilhelmsen Maritime Services'.
Tue24Jun
Chinese Shipping Company Orders Fuel-Saving Ships
China Navigation Co. ordered four fuel-saving handysize bulkers from Imabari in Japan.
Tue24Jun
First LNG-Powered Inland Vessel Arrives in EU
The ship will be used for testing and development of LNG infrastructure and regulation.
Tue24Jun
NSB Sees Bow Retrofits Increasing Charter Market Attractiveness
The new bows, can reduce fuel use by up to 5 percent, allowing for higher charter rates.
Tue24Jun
P3 Collapse Will Mean a Greater Focus on Fuel Efficiency
"The shipping market has entered a stage of complete, ruthless competition."
Tue24Jun
South Korea Bunker Barge Strike Ends
Sources report resumed deliveries from all refineries at Yeosu port as of Friday.
Mon23Jun
Oil Prices Start the Week Down
Bunker buyers should start looking to the upcoming Fourth of July holiday in the US and plan accordingly.
Mon23Jun
New Global Sales Director for O.W. Bunker
Steve Leonard to take responsibility for driving the strategic direction of global sales to support the company's wider growth plans.