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Sep
August, 2013
Date Headline Image
Mon12Aug
Shale Writedowns Spell Trouble for Energy Majors
With falling prices, "gas and condensate producers have been victims of their own success."
Mon12Aug
Houston Bunkers Follow Falling Crude Prices
380 cSt grade bunker fuel ended the week steady at $587.00 per metric tonne.
Fri09Aug
Emsys: Rush to Install Scrubbers has Started
Making of emissions monitoring technology says it is gaining traction as ship owners seek more data on efficiency.
Fri09Aug
OOIL Sees Loss in First Half of 2013, Citing High Fuel Costs
The company says it is revamping orders for large ships to improve their engine efficiency.
Fri09Aug
Turbulence Models Could Save Billions in Fuel Costs
Scientists have developed new ways of modeling turbulence to reduce drag on ships and planes.
Fri09Aug
Marine Tech Companies Join Forces
Norsk Analyse has acquired another Norwegian company, Vimex
Fri09Aug
Indian Ship Dumped Oil: Authorities
A ship managed by the Shipping Corporation of India could face more than $1 million in fines.
Fri09Aug
Two Eco-Tanker Orders for Irish Shipping Company
Ardmore Shipping exercised options for the new ships after launching a public offering.
Fri09Aug
U.S. Pump Maker Nets Orders for LNG Fuel Gas Equipment
The pump systems will go to TOTE gas-powered containerships and Teekay MEGI-powered gas carriers.
Thu08Aug
Further Falls for Crude as Speculators Lock in Profits from Recent Gains
WTI fell $0.97 to settle at $103.40/bbl and Brent dropped $0.76, settling at $106.68/bbl.
Thu08Aug
Newest Fuel-Saving CSL Ship Arrives
Shipping investment "delivers a more sustainable future to our communities," MP says.
Thu08Aug
Matson Profit Jumps Despite Lower Fuel Surcharges
The company said it increased volumes on all its trade lanes, particularly Micronesia/South Pacific and Hawaii.
Thu08Aug
OW Bunker Promotes Tolson in North America
The company said it is expanding its operations in the region with a hiring push.
Thu08Aug
Hapag-Lloyd Returns to Profit as Fuel Prices Drop
The company said cost-cutting and lower bunker bills helped it in Q2 despite falling freight rates.
Thu08Aug
Brightoil Starts Delayed Zhoushan Bunkering
The company now plans to start operations in Qingdao in late August.
Thu08Aug
Tricks of the Bunker Trade: Inter-tank Transfers - Gravitating of Fuel
Fuel transferred from a high level to a low level by gravity means the same fuel quantity could be measured twice.
 Tricks of the Bunker Trade: Inter-tank Transfers - Gravitating of Fuel
Wed07Aug
Wednesday Bunker Prices Soft as Oil Markets Fall Further
WTI fell $0.93 to settle at $104.73/bbl, and Brent dropped $0.74 settling at $107.44/bbl.
Wed07Aug
NOL Says Bunker Savings Helped Cut Losses
The company said market conditions in Q2 were worse than a year prior, but cost-saving efforts paid off.
Wed07Aug
Tidewater Profits Slip as Revenues Rise
The company said it expects a "multiyear up cycle" in its OSV business as energy companies expand operations.
Wed07Aug
Buckeye Partners Sees Big Growth in Q2
The company said higher volume in U.S. pipelines and expansion of a Bahamas facility fueled growth.