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Jul
June, 2015
Date Headline Image
Tue16Jun
Monjasa Moves into Oil Trading
The company announced Monday that it is expanding its business, which currently consists of global shipping and bunkering, to include oil trading.
Tue16Jun
Orkim Harmony: MMEA Says Bunker Pirates Likely "Still Looking for the Logistics to Transfer the Oil to Their Client"
The vessel was carrying 6,000 metric tonnes of Petronas-owned RON95 fuel worth $5.5 million.
Tue16Jun
OW Bunker Almost Bankrupt During 2008 Oil Price Collapse, "Should Never Have Been Listed" Says Former Risk Manager
Kenneth Rosenmeyer says he lost OW Bunker some $45 million when the price of oil collapsed after hitting its all time high in July 2008.
Tue16Jun
Singapore Bunker Volumes Hit 13 Month High as Sales Surge Continues
May also saw the port receive 3,497 calls for bunkers, the highest since at least the start of 2011.
Mon15Jun
Crude Futures Cool on Yemen Peace Talks
The expiry of Brent July contracts softened $1.12 per barrel settling at $62.61, WTI front month contracts for July settled at $59.92 per barrel.
Mon15Jun
Teekay Launches LNG Ship with "the Lowest Unit Freight Cost in the World Fleet"
The Creole Spirit is being outfitted to transport up to 174,000 cubic metres of LNG.
Mon15Jun
Illegal Bunkering Charges Brought Against Monjasa are Baseless, Says CEO
Anders Østergaard, CEO at Monjasa Holding, says the case illustrates clearly that several sovereign states are trying to claim rights to a EEZ zone.
 Illegal Bunkering Charges Brought Against Monjasa are Baseless, Says CEO
Mon15Jun
Update: 14 Arrested as Monjasa, Glencore Accused of Illegal Bunkering
Nigeria's EFCC says charges include dealing with 1,738.087 mt of petroleum products "without lawful authority or appropriate licence".
Mon15Jun
DNV GL Maritime Names New CEO
Knut Ørbeck-Nilssen will be the new CEO of DNV GL Maritime.
Mon15Jun
Scorpio Bulkers Announces Offering to Raise Almost $200M
133 million shares will be sold at $1.50 each.
Mon15Jun
ECA Fuel Compatibility Issues Sees BIMCO Amend Bunker Fuel Clause
Among other changes, a provision will be added requiring charterers to inform owners whenever a notice of non-availability of low sulfur fuel is filed.
Mon15Jun
India Approves Ratification of Bunker Convention
India joins list of ratified countries that make up 91% of global shipping tonnage.
Mon15Jun
SeaRoad Shipping Says Novel LNG Bunkering Solution Was "Met with Dismay"
The LNG bunkering concept is said to provide a solution for LNG refuelling at ports with no direct LNG refuelling infrastructure.
Mon15Jun
Satellite Companies Sign Deal For Real-Time Monitoring of Vessel Emissions, Fuel Consumption
ExactEarth will install its ship-monitoring technology on 58 of Harris Corporation's new satellites.
Mon15Jun
Hapag-Lloyd Says its Centralised Fleet Routing Sytem Helps Reduce Bunker Consumption
Hapag-Lloyd argues that the holistic approach to analyzing the factors that affect ship travel can best achieve fuel savings and reduce emission.
Fri12Jun
Bunker Pirates in Suspected Second Orkim Attack as Another Product Tanker Goes Missing off Malaysia
The Orkim Harmony was carrying 6,000 metric tonnes of petrol when it lost contact.
Fri12Jun
Singapore Fuel Oil Imports Triple, Russia Sourced Product Hits 2 Year High
IE Singapore data shows that weekly residual fuel imports to Singapore, led by a jump in shipments from Russia, have nearly tripled in the week to June 10
Fri12Jun
Eco-scrubber Installed on Ro-Ro Ship
The systemwas installed on the M/V Bore Song.
Fri12Jun
CIMB: Regional Container Shipping Sector Downgraded Due to "Wasted Windfall" of Lower Bunker
CIMB says "fear is now the dominant emotion as carriers give away the benefits of lower bunker prices".
Fri12Jun
NTSB Blames Tugboat for 2014 Ship Channel Collision and Bunker Spill
The tugboat captain's attempt to cross the channel ahead of the cargo ship that it ultimately collided with is said to have caused the accident.