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Changes Looming for Russia's Bunker Markets

ECA rules will bring changes to Russia's bunker markets in 2015, but so will the tax landscape and western sanctions, says Lukoil.

Monjasa Founders to Withdraw from Daily Operations

Anders Østergaard and Jan Jacobsen will both move up to work in other parts of the company.

Inflexible ECA Start Date Sees Brittany Ferries Abandon LNG Bunker Plans

The company says it cannot afford to pay for 6 retrofits and one LNG ferry newbuild while it was also paying for ECA compliant fuel.

Lukoil to Offer 500,000 Tonnes of 0.10% Sulfur Bunkers in 2015

Production could hit 1M tonnes next year and 2M tonnes in 2016 says Lukoil representative.

Danish Ecological Council: Cleaner Marine Fuel Doesn't Have to be Expensive

Danish Ecological Council senior advisor Kaare Press Kristensen argues fuel with less harmful emissions would save taxpayers on healthcare.

Port Sees Increase in Vessels Being Fined for Understating Bunker Volume on Board

There has been an increase in ships being caught for misstating the amount of fuel aboard.

DFDS Estimates Low Sulphur Surcharge to Raise Freight Rates 15%

DFDS Seaways took into account the extra costs incurred from using marine gas oil in the calculation.

LNG Bunkering Vessel Receives Class Approval

France-based Gaztransport & Technigaz received the AIP for a 4,000-cubic-metre capacity bunkering vessel from Bureau Veritas.

2015 ECA Rules Cited as Finnlines Axe Charter Vessel

Finnlines says the Finnsailor's RoPax route will be canceled as of January 1 due to ECA rules and overcapacity.

Low Oil Prices to Hit OW Bunker Q3 Earnings

Third-quarter profit is expected to be 20 percent lower than in 2013.

Maersk Executive Explains How Some Companies Are Cheating ECA Rules

Maersk Group's regulatory director says some operators are using false documents and tank allocation.

OW Bunker Adds New Manager to UK Team

Varun Chhabria will be Manager responsible for sourcing and reselling in the United Kingdom.

Alfa Lavel Receives New Scrubber Order

The order is for $7.6 million worth of gas exhaust cleaning systems.

2013 Sees Slight Decline in Ship Operating Costs

Average operating costs in the shipping industry were down 0.3 percent on the previous year in 2013, but crew costs rose slightly.

OW Bunker Appoints New CFO

Group treasury manager Kent Larsen will replace Morten Skou.

IMO Moves Forward with Electronic Certificate Plans

IMO has given support to e-certificates following a pilot project run by the Danish Maritime Authority and DFDS.

Bureau Veritas: No Alternatives to LNG as Eco-Friendly Marine Fuel

LNG bunkers are the only real option for envirnmentally friendly marine fuel, says Russian Bureau Veritas director.

Suez Canal Upgrades: Transit Times to Reduce By 40%

Suez Canal Authority tells RESCON that upgrades announced in August will significantly reduce transit times through Suez.

LNG Bunkering Trials For Ethylene Carrier at Zeebrugge

Coral Star becomes the first cargo independent dual fuel vessel for Anthony Veder Group after successful trials.

Gazprom: Europe's LNG Bunker Demand Could Hit 4 Million Tonnes by 2030

Head of LNG at Gazprom Export LLC says demand could rise, but growth will depend mainly on price.

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