Archive News

August, 2015
Date	Headline	Image
Tue25Aug	U.S. Appeals Court: Bunker Suppliers Can Hold Valid Maritime Lien Despite "No Lien" Clause A U.S. Appeals Court found that a bunker supplier may still be able to arrest a vessel even if there was a "no lien" clause and stamp.
Tue25Aug	Hapag-Lloyd Expected to Target September IPO Industry speculation originally pegged the IPO for late 2015 or in 2016.
Tue25Aug	Dry Bulk Shipping Market Making Improvements Despite Persistent Challenges, says Shipowner Dry bulk shipowners reportedly experienced a modest comeback this summer due to slowing dry bulk fleet growth, increased demand for dry commodities.
Tue25Aug	Singapore Bunkers Swing to 10 Year Low as Global IFO380 Prices Approach $200 Global IFO380 prices in other primary bunkering ports all took similar swings into the red.
Tue25Aug	OPEC: Still No Production Cuts Despite Growing Concerns Amongst Gulf Members Oil prices will remain volatile... but they will recover," says an OPEC delegate from a Gulf oil producer.
Tue25Aug	Armed Attackers Target Six Ships Near Singapore in 30 Hours However the attacks were unsuccessful, with no loss of cargo and no crew members harmed.
Mon24Aug	Heavy Losses for Crude as WTI Closes Under $39/bbl Bunkers were soft today in the primary ports but owners and operators are waiting for the dust to settle before filling up their ships.
Mon24Aug	Setback for Panama Canal Expansion as Locks Leak After Crack Develops Neither GUPC, or ACP has yet commented on how the development could impact the project's currently planned April 2016 completion date.
Mon24Aug	Aegean Looking to Grow as Keith Richardson Heads Up US West Coast Operations "The move has been in the works for a while now," Richardson tells Ship & Bunker.
Mon24Aug	Former Altor Exec Behind OW Tanker Purchase Denis Viet-Jacobsen, former OW board member and leading partner in Altor Equity Partners until 2010, has been confirmed among Alba Tankers' investors.
Mon24Aug	Dry Bulk Survey: Majority of Industry Players Say Recovery is at Least 3 Years Away 73% of shipowners say the market needs 3-5 years to recover.
Mon24Aug	Low Bunker Prices Mean ECO Ships Have "Marginal" Impact in Current Dry Bulk Market A Platts survey finds lower bunker prices limit the fuel savings that modern tonnage can provide over less fuel efficient vessels.
Mon24Aug	COSCO Revenue Slides on Reduced "High Risk, Low Margin" Marine Fuel Activities The company's bunker trading unit has been actively cutting down on high-risk activities.
Mon24Aug	Ardmore Takes Delivery of Another Eco-Ship The Ardmore Seawolf is the third in a series of four vessels.
Mon24Aug	Asia-Europe Box Rates See 26.7% Slide in a Week In the week ending Friday, Asia to Northern Europe fell by 26.7 percent to $469 per TEU - the third straight week of falling rates on the world's busiest route.
Mon24Aug	Finalists Announced for the 2015 Ship Efficiency Awards The awards have seen a 60 percent increase in nominations, with 95 nominations across the five award categories received.
Mon24Aug	Bunker Dispute Ends in Singapore Vessel Arrest The action is understood to have involved an Estonia-based supplier who was claiming for unpaid bunkers totalling some $21,000.
Mon24Aug	Kuwait's Shuaiba Refinery Restarts Operations at Reduced Capacity The 200,000 bpd Shuaiba refinery, which produces marine diesel and fuel oil, has been restarted at a capacity of 120,000 bpd.
Mon24Aug	Indonesian Police Arrest Three Hijackers in Fuel Theft Case The three are reportedly part of a wider group of 13 suspects.
Mon24Aug	Drewry: COSCO-CSCL Merger Would Leave "Major Void" in a Container Alliance, Damage Competition on East-West Trades Drewry also predicts there is "every chance" the merger will happen "at some point in the near future."

Showing 41-60 of 203 articles from August, 2015

Jun 05

1INSIGHT: 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 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 04

3Singapore 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 02

4BlackCoral Energy and Biofuel Express Join Forces on Marine Biofuel Supply

The new joint venture will initially focus on biofuel supply in northern Europe, BlackCoral Energy Managing Partner Jesper Christensen tells Ship & Bunker.
Jun 04

5MAN Energy Solutions Rebrands as 'Everllence'

CEO Uwe Lauber revealed the new brand name at the company's Augsburg headquarters on Wednesday.

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