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UK MGO Supplier Sees Rising Demand Since January

Geos has seen higher demand for ECA-compliant MGO since January and is seeking long term relationships for MGO with suppliers and customers.

Falmouth Bunker Sales Fall Off After Busy January

February stemming lists suggest a return to normal at Falmouth after January saw a surge in ships seeking MGO.

Reports: Monjasa, Trafigura Dominate Bunker Market in West Africa

Monjasa delivers more than half of monthly bunker volumes in the market as other players exit over security concerns.

Bunker Production Up 34 Percent at Gazprom Neft Omsk Refinery

In total, 3.5 million tonnes of marine fuel were produced last year.

Yamal LNG: LNG Prices to Rise as Market Goes into Deficit by 2018

Yamal LNG has predicted a deficit of 50 million tonnes per year by 2020 as it seeks to find interest for a $4.6 million bond issue.

Captain of Costa Concordia Sentenced to 16 Years

Francesco Schettino received 10 years for manslaughter, five for causing a shipwreck and one for abandoning ship

IBIA: Bunker Quality is Improving

Early results for 2015 show 8 percent off-spec. bunkers compared with 10 percent last year.

Glander International Bunkering Hires Another Trader in Dubai

Carina Baekkegaard will be a senior bunker and lubricant trader.

German Bank to Provide DFDS With €50M Funding for Scrubbers

The funding comes from KfW IPEX-Bank to install scrubbers aboard 20 ferries.

Wärtsilä Powered LNG Bunker Vessel "an Important Step Towards LNG Becoming the Fuel of Choice for Shipping in Europe"

"LNG eases compliance with both the new and anticipated future IMO environmental regulations," says Wärtsilä Ship Power VP.

Record Fuel Storage at ARA Ports

Combined fuel storage at the ports is 5.8 million mt, the highest levels seen since at least 1995.

LNG Bunkering: Norwegian Player Says Floating Terminals Beat Building Land Based Infrastructure

"A floating solution is highly cost-efficient, mobile, flexible, scalable and re-saleable, and has a much lower financial risk than the alternatives."

Finland's Meriaura Aims to Cut Fuel Consumption By Almost 50%

The company hopes to save almost 50 percent on fuel bills through hull design and optimised machinery with two newbuild cargo ships.

Dry Bulk Carrier Copenship Goes Bankrupt in "Extremely Bad" Market

"Secondly, there are several counterparties that have caused us losses," says CEO.

ICS: Global 0.5% Sulfur Cap "Very Likely to be Implemented in 2020"

The International Chamber of Shipping said that it was likely that the IMO would bow to EU pressure on new sulfur regulations.

Denmark Launches New Anti-Piracy Strategy

Denmark will continue to focus on the Horn of Africa but will extend operations in the Gulf of Guinea in addition.

Two More New Hires for Glander International Bunkering in Dubai

"We have over 20 different nationalities who speak over 30 languages," says Managing Director and CEO Christoffer Berg Lassen.

Danish OW Bunker Trustees: Another Month Before First Real Picture of Creditor Claims

Three quarters of claims are being dealt with outside Denmark meaning group trustees are finding it hard to get an overall picture.

Directors Arrested in the Netherlands Over Hazardous Waste in Fuel Oil

The Dutch Public Prosecutor alleges that the contaminated fuel was sold for use on ships as well as in heating and combustion plants.

Gulf Petrochem: We Are On a Development Spree

"We are aiming to become a $4 billion company by 2016 from $2 billion at the moment," says Terminals head.

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