Archive News

July, 2015
Date	Headline	Image
Thu23Jul	Australia's Focus on Vessel Emissions Turns to Tankers NSW's Greenwich Community Association says that the EPA should extend new cruise-ship-centred sulfur regulations to fuel to tankers at Gore Bay.
Thu23Jul	IMB: Attacks on Small Tankers in SE Asia Continue as Global Incidents of Piracy and Armed Robbery Rises 15.5% An average of one tanker attack in SE Asia is said to occur every two weeks.
Thu23Jul	Citracks Partners with Singapore's Ascenz to Launch Bunker Monitoring System for Nigerian Market The system is said to enable ship owners and operators to reduce fuel consumption and boost efficiency.
Thu23Jul	Colombo's Port to Receive Cruise Terminal The Sri Lanka Ports Authority says Colombo's port will be setting up a cruise terminal due to a growing number of cruise vessel calls.
Thu23Jul	Wärtsilä: A Lot of Customers Are Planning to Use Scrubbers to Meet Global 0.5% Sulfur Cap President and CEO Bjorn Rosengren says the market is not as strong as he expected, but once the global cap comes into force "this is a huge market."
Thu23Jul	Box Ship Arrested in Singapore Panamax box ship SCI Chennai is the twelfth vessel to be arrested in Singapore this year.
Wed22Jul	Crude Sinks as US Inventories Rise by 2.5 Million Barrels Bunkers were soft today in the primary ports.
Wed22Jul	World Fuel Services Bags $14.5 Million MGO Supply Deal for U.S. Department of Defense The deal will see WFS supply the fuel to the U.S. Army, Navy, Marine Corps, and federal civilian agencies in through April 30, 2019.
Wed22Jul	Iran, Greece Woes Push Rotterdam, Piraeus Bunker Prices to 15 Week Low Prices were at a discount of between $6.50 pmt and $32.50 pmt to fellow majors Singapore, Houston, and Fujairah.
Wed22Jul	NNPC Bans 113 Oil Tankers from Nigerian Waters Traders cite a crackdown on illegal crude oil trading as the reason for the ban.
Wed22Jul	More Ships Heading to U.S. East Coast Ports at the Expense of the West U.S. East Coast shipping traffic and vessel sizes have both grown.
Wed22Jul	2015 Orderbook for Newbuild Tankers Set to Beat 2013 Record Year Gibson says construction of new tankers this year, driven by a surge on newly ordered tonnage, is set to break the record from 2013.
Wed22Jul	UK P&I: Concerns Remain as Low Sulfur Fuel Rules Place Increasing Demands on Shipowners Concerns include technical issues and higher costs, while Shipowners also need to be aware of the differing rules and costs across jurisdictions.
Wed22Jul	Bunker Prices to Remain Under $500/mt for Rest of the Decade, Shell Prediction Suggests The energy major says oil prices will take several years to recover and rise to $90 per barrel by 2020.
Wed22Jul	Neste: Vessel Speeds Still Not Optimal, Millions of Euros in Bunker Savings Still Available A system from Marorka will reportedly achieve bunker cost savings of up to 9 percent.
Wed22Jul	Lithuanian Shipping Company on the "Brink of Collapse" but Has Credit to Buy Bunkers for Arrested Ships However EU rules prevent the Government from giving the loss-making company extended assistance.
Tue21Jul	Crude Futures Firm After a Volatile Tuesday Trading Session In the grand scheme of things its safe to say that the market was flat and it enticed the bunker market to soften.
Tue21Jul	Lloyd's Register Partners with Penn Oak Energy on LNG Retrofit Financing Lloyd's says it aims to increase number of ships fuelled by LNG.
Tue21Jul	U.S. Navy Releases Censures Issued to Three Admirals in Bribery Scandal The censures were issued to the three admirals in January for their role a bribery scandal involving Singapore maritime service provider, GDMA.
Tue21Jul	Wärtsilä: Market Being Steered by Environmental Awareness and Changing Energy Needs Company says sales grew by 10% During Q2.

Showing 61-80 of 221 articles from July, 2015

Jun 09

1Hartree Marine Expands US East Coast Physical Supply with Norfolk Launch

The firm already supplies bunker fuels at key East Coast ports, including New York, New Jersey Philadelphia and Baltimore.
Jun 09

2Greek Supplier Coral Marine Introduces ULSFO for Med Sulfur Compliance

The move comes as shipping firms adjust to the new 0.1% sulfur limit now enforced across the Mediterranean Sea.
Jun 05

3INSIGHT: Not All Biofuel Bunkers Are Equal - Navigating Carbon Intensity, Compliance, and Cost

Marex's Bastien Declercq discusses how biofuel markets are likely to react to the IMO's new GHG regulation.
Jun 04

4Singapore Bunker Supplier Hai Yin Marine to Lose Licence This Month

The MPA has not directly given a reason for declining to renew the licence.
Jun 09

5Singapore-Flagged Boxship Catches Fire Off India

The vessel was en route from Colombo to Mumbai when an onboard explosion triggered a major fire off the coast of Kerala.

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