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Apr
March, 2015
Date Headline Image
Tue31Mar
Brent and WTI Futures Sink
WTI settled at $47.60 while Brent nestled in at $55.11 by the end of the trading day.
Tue31Mar
Panama Considers 4th Set of Locks to Handle 20,000 TEU Mega Ships
"The Suez Canal has been the big winner because they can handle the Post-Panamax ships," said Quijano, mulling a $17 billion fourth set of locks.
Tue31Mar
Malaysian MGO Supplier Plans to Expand Through Acquisitions
"Our new companies will still be in the oil and gas segment and utilities segment," says MD.
Tue31Mar
Shippers Living "Hand to Mouth" Despite Low Bunker Prices, Near 100% Utilisation
"We have no margins in this [dry bulk] segment and are absolutely in a hand-to-mouth situation at present," says Shipping Corp. of India.
Tue31Mar
CMA CGM Profit Up 43% in 2014 After "Extremely Robust" Performance
Core EBIT rose 28.8 percent year-on-year to $973 million, while net profit climbed 43.2 percent to $584 million, volumes were up, and gearing was down.
Tue31Mar
Quadrise Posts Half-Year Loss, Says Production of its MSAR Emulsion Fuel is Poised to Begin
The emulsion fuels company added to its accumulated losses to date, which now totals £68.0 million.
Tue31Mar
Quadrise: We're Not Dependent on Fuel Oil Demand Growth
Growth will come by taking market share from current fuel oil demand in the marine and power generation sectors.
Tue31Mar
Gibraltar Completes First Ship-to-Ship Transfer of LNG
"I certainly want to see more of this in the future," says Bob Sanguinetti, CEO of the Port of Gibraltar.
Tue31Mar
New Bunkering Facility Planned for Trinidad and Tobago
The facility is part of a new dry dock project.
Tue31Mar
Skuld: Maritime Industry is Facing New Emerging Risks
According to Skuld, the industry faces emerging technical, financial, and man-caused liabilities
Tue31Mar
Videotel Launches Fuel Switching Education Program
The company said the new program was a response to a recent U.S. Coast Guard safety alert.
Tue31Mar
Malaysian Bunker Supplier Looks to Share Listing in 2016
The move is aimed at raising capital for expansion and future development.
Mon30Mar
Crude Prices Continue to Slip
If you are securing bunkers "carpe diem".
Mon30Mar
Skuld Warns Members to Be Prepared for Hong Kong Emissions Rules
"Vessels should be prepared, so that they have the requisite fuel on board prior to berthing," says the P&I club.
Mon30Mar
Chevron Looks to Sale Stake in Australia's Caltex
The company hopes to sell 135 million shares for $3.6 billion.
Mon30Mar
Fuel Switching-Related Power Losses Persist in ECAs
Lloyd's Register estimated that half of all incidents go unreported.
Mon30Mar
TORM Deal All But Concluded
"I have a hard time seeing how this could fail to happen," says Chairman on the chances of lenders signing "locked text" agreement
Mon30Mar
ABS Updates LNG Bunkering Guidance to Include "Important Lessons"
The new guidelines are a response to growing demand for LNG vessels and infrastructure, says ABS.
Mon30Mar
Carnival Orders its "Most Efficient" Ships Ever
Nine cruise ships are on order from two European yards for delivery over four years.
Mon30Mar
Fuel Cost, Consumption Down For Carnival in Q1 2015
The outlook on bunker savings for Q2 2015 remains bright despite costly hedging programme.