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Istanbul Freight Index: 2014 Week 5

Freight rates once again remained largely stable this week amid steep declines ahead of Chinese New Year holiday outside the region.

Environmental Committee Supports NOx Monitoring

But the European Parliament committee did not support more intensive forms of emission tracking.

Bomin Linde to Supply LNG for German Ferry

The LNG supplier is building LNG terminals at German ports to supply the fuel around the area.

Istanbul Freight Index: 2014 Week 4

Freight rates appeared to have pared drops this week as ex-Black Sea shipment quotes remained largely stable.

Another Pirate Attack Reported in West Africa

Previous report of piracy on Angola coast in dispute as the tankers' crew is found safe.

Return of Iranian Product Could Improve Bunker Quality

As trade with UAE increases with lifted sanctions, locals anticipate shift in oil markets.

Navoil & Soyuz Bunkering Group Launch Bunker Service in Lagos

"Our competitive advantage is the fact that we can supply vessels within the port area," says Navoil Managing Director Glenford Tan.

UK Owner Expands Fleet with Fuel-Saving Ships

Lomar Corp. says new ships ordered from Chinese shipyards use fuel-saving designs.

Russia Plans 65% Drop in Fuel Oil Exports

The plan also calls for a shift in energy exports toward Asia-Pacific.

Private Equity Firm Expanding Shipping Investment

UK-based Talis Capital bought three ships in 2013 and plans more acquisitions this year.

Ghana Bunkering Industry Needs Investment

Private bunkering firms say Ghana Bunkering Services infrastructure is outdated.

New Supplier Oleum "Making A Difference" in West Africa's Bunker Market

The new West Africa player says it's "no secret" they are aiming for the region's major clients.

Customers Should Be Aware of Low Sulfur Bunker Costs: Hapag Lloyd

"We're surprised that so few have made announcements concerning these consequences."

Suspected Hijacking of Tanker off Angola

The case could represent an extension of the range of Nigerian pirates targeting refined product cargo.

German Firm to Supply LNG Package for Q-Max Carrier

The ship's MAN 2-stroke ME-GI system called "of the most economic approaches of a modern LNG carrier design."

Istanbul Freight Index: 2014 Week 3

Freight markets still appear depressed in the Black Sea and East Mediterranean.

Danish Ferry Operator Chooses Distillates for ECA Compliance

Bornholm says renegotiation of ferry tenders makes investment in new equipment too risky.

World's First LNG-Only Tug Enters Service in Norway

The M/T Borgøy began its maiden voyage last week.

Lloyds Register to Hold Workshop on Glycerine Fuel

The event is part of the GLEAMS group's efforts to research development of the fuel for marine use.

Istanbul Freight Index: 2014 Week 2

Markets were off to a slow start as holiday slumber extended to the beginning of the week.

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