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Aug
July, 2012
Date Headline Image
Fri20Jul
Friday ended the week with continuing strong gains across all markets.
Fri20Jul
Defense Secretary Leon Panetta says they will hold Iran "directly responsible for any disruption of shipping"
Fri20Jul
IRISL reported to have been recently operating vessels despite their flags having been revoked.
Fri20Jul
UAE based oil and bunker trader is reported to owe Germany's DVB Bank around $3 million.
Fri20Jul
A one mile by two miles sheen is reported after an incident involving a dredging barge and a tugboat.
Fri20Jul
Justice Choo Han Teck says any breach of employment terms best settled at trial after bunker industry 'top performer' joins rival firm Chemoil.
Fri20Jul
$66 million deal takes the Norwegian shipbuilder's order book to 14 vessels and $1.1 billion.
Fri20Jul
Danish shipping company responses to Danish media articles saying "negotiations are still proceeding."
Fri20Jul
Belgian tanker firm says "the challenge for the tanker market is still almost entirely on the supply side."
Thu19Jul
Marine fuel prices continued on an upward trend with strong gains recorded in many ports.
Thu19Jul
RT-flex engines will be used in four VLCCs, one Aframax tanker, and four medium range tankers.
Thu19Jul
Firm says vessel owners are experiencing ongoing pressure from high fuel costs, low earnings, and high operating expenses.
Thu19Jul
Insufficient demand, low freight rates, and high bunker prices all cited as reasons for the loss.
Thu19Jul
Company to provide four hybrid scrubber systems for two 'Sunshine' class new-builds under construction at Meyer Weft.
Wed18Jul
Key ports saw prices continue to climb on Wednesday but with fewer large movements as seen earlier in the week.
Wed18Jul
Existing practices mean oil markets are "susceptible to manipulation and or price distortion."
Wed18Jul
Ports and Maritime Organisation reported to be taking the responsibility for insurance coverage of any foreign ship that enters Iran's waters.
Wed18Jul
Company says the proposed investment will create a stable platform from which Titan can ride-out the current turbulent market conditions.
Wed18Jul
Action brought by U.S. private equity firm Warburg Pincus' Saturn Storage Limited was heard on July 16, 2012.
Tue17Jul
IFO380 prices in Singapore, Houston, Hong Kong, and Rotterdam the highest since May 31, 2012.