Archive News

July, 2015
Date	Headline	Image
Tue21Jul	Gener8 Maritime Heads List of 2015's Biggest Spenders on Second Hand Tonnage The company's spend of $1.4 billion was on 14 vessels it assumed the newbuilding contracts for that were originally placed by Navig8.
Tue21Jul	DNV GL: State-of-the-Art LNGreen LNG Carrier Completed, is 8% More Energy Efficient The vessel concept has a significantly improved environmental footprint, a higher level of energy efficiency, says DNV GL.
Tue21Jul	ZIM Switches to Slavyanka for Bunkers Zim Haifa is the first of the company's containerships to use the offshore transshipment terminal TOR.
Tue21Jul	Bunker Spill Risk Being Assessed After Tanker Collides with Ferry A passenger ferry and a fuel tanker, carrying 12,000 tons of diesel and gasoline, collided outside the Gothenburg harbour early Sunday morning.
Tue21Jul	Fourteen Ships to be Investigated Over Australian Bunker Spill Maritime Safety Queensland is worried about the spill's impact on nearby reefs.
Tue21Jul	Lanka IOC Sets 10,000 mt Bunker Sales Target in Trincomalee Sri Lanka's Lanka IOC says it is aiming to sell 10,000 mt of MGO and 380 CST by the end of 2015.
Mon20Jul	Crude Futures Start the Week Soft WTI futures broke the $50.00 level during the trading day but settled at $50.15 per barrel.
Mon20Jul	NOL Downplays Reports of a Potential Sale But NOL says it "has a duty to consider its options to maximize shareholder value."
Mon20Jul	J. Lauritzen: Dry Bulk Has Hit Rock Bottom, Operators Are "Burning Through Cash" On the upside, things can only improve form here, says Martin Sato, J. Lauritzen's managing director in Singapore.
Mon20Jul	Update: Temasek Looking to Sell Singapore's NOL For $1.7 Billion NOL operates 92 vessels under the APL brand.
Mon20Jul	Debut Voyage of Europe's First LNG Ferry Delayed After Engine Troubles Despite the problems, a spokeswoman says the "new propulsion system is the way to go."
Mon20Jul	Wärtsilä Lays Off 600, Restructures Ship Power Business in Face of "Sluggish" Market Wärtsilä announced that it has renamed its Ship Power business to Marine Solutions, and will eliminate 600 jobs, 160 of which are in Finland.
Mon20Jul	Marine Fuel Spill at Australian Port Restoration efforts after a marine fuel spill on Casuarina Beach in Darwin has seen about 15 cubic metres of sand removed from the beach for cleaning.
Mon20Jul	Maritime Piracy and Armed Robbery in Asia Rises 18% Incidents that took place in the Singapore Straits were higher in number, but overall less severe when compared to those taking place in the Malacca Straits.
Fri17Jul	Platts Buys Bunkerworld Publisher Petromedia Platts says the purchase will help extend its coverage beyond traditional marine fuels and market fundamentals.
Fri17Jul	Irish Navy to Begin Commercialising Fuel Saving Kite Technology The system has been in development since 2012.
Fri17Jul	Vessel Owners Get Second Chance to Appeal After OW Bunker Wins First "Who to Pay" Arbitration Case Vessel owners are now appealing a ruling to uphold a decision in favour of OW Bunker and ING during the first test case in London arbitration.
Fri17Jul	2 Million Barrels of Iranian Oil Heading to Singapore in First Move Since Sanctions Deal NITC's 318,000 DWT, 2012 Chinese built tanker Starla is currently in the Gulf of Oman and has an ETA in Singapore of July 28, 2015.
Fri17Jul	Russia Scraps Rotterdam Oil Terminal Project Analysts say the port will be unaffected by the cancellation.
Fri17Jul	Cheaper Bunkers Help Panama Canal Reclaim Capacity Share The Panama Canal has gained ground on the route between the Far East and the U.S. East Coast.

Showing 81-100 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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