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MAN Diesel & Turbo and AKA Partner on Supply Deal for Diesel-Electric Vessel
MAN Diesel & Turbo and AKA Partner on Supply Deal for Diesel-Electric Vessel
The companies supply a diesel-electric propulsion package for a multi-purpose supply vessel for a federal Russian agency.
18 Aug 2017
World Fuel Services New Owner of Former Panoil Petroleum Bunker Tankers
World Fuel Services New Owner of Former Panoil Petroleum Bunker Tankers
The tankers include the 8,828 DWT Athenia, the 3,384 DWT Jubilee, the 800 DWT Megalodon, and the 8,839 DWT Metis.
18 Aug 2017
Philly Shipyard Names TOTE as Buyer of Four "Environmentally-Friendly" Box Ships
Philly Shipyard Names TOTE as Buyer of Four "Environmentally-Friendly" Box Ships
PSI has previously said the fleet of eco-friendly container vessels is set to support the Hawaii trade route amid tightening emission regulations in 2020.
18 Aug 2017
Industry Pressure is Making People Think Harder and Focus More on Knowing Their Counterparty: Glander International Bunkering
Industry Pressure is Making People Think Harder and Focus More on Knowing Their Counterparty: Glander International Bunkering
The situation is helping stronger players and offsetting the trend of some bunker buyers to go as direct as possible, CEO Carsten Ladekjaer tells Ship & Bunker.
18 Aug 2017
Significant Stock Draws Not Enough to Prevent Disappointing Thursday Crude Prices
Significant Stock Draws Not Enough to Prevent Disappointing Thursday Crude Prices
Still, one analyst thinks the five year average for crude might be reached in two months.
18 Aug 2017
Weekly Vessel Scrapping Report: 2017 Week 31
Weekly Vessel Scrapping Report: 2017 Week 31
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from August 10 – August 16, 2017.
17 Aug 2017
Viking Line Sees 23.3% Increase in Bunker Expense During 2017 H1
Viking Line Sees 23.3% Increase in Bunker Expense During 2017 H1
Bunker expense during 2017 H1 totalled €23.2 million ($27.24 million), compared to €18.8 million ($22.07 million) during the same period of 2016.
17 Aug 2017
LR Joins Project Aiming to Build the World's Biggest Sailing Cargo Ship
LR Joins Project Aiming to Build the World's Biggest Sailing Cargo Ship
"Fuels will have to change and the Quadriga project provides one of the potential viable alternative solutions," says LR.
17 Aug 2017
Bunker Saving Measures to Continue as Part of Dry Bulk Savings: Norden
Bunker Saving Measures to Continue as Part of Dry Bulk Savings: Norden
"In Dry Cargo, the gradual recovery in both market conditions and our earnings continues, although still at loss-making levels," says CEO Jan Rindbo.
17 Aug 2017
Monjasa Europe Appoints General Manager
Monjasa Europe Appoints General Manager
Mikkel Kannegaard's new Copenhagen-based position is effective November 2017.
17 Aug 2017
Crude Falls as Production Figures Offset Stockpile Declines
Crude Falls as Production Figures Offset Stockpile Declines
Bunker price were softer in the primary ports.
16 Aug 2017
Maersk Line Marks Q2 Profit in Face of Higher Bunker Costs
Maersk Line Marks Q2 Profit in Face of Higher Bunker Costs
Maersk Line paid an average of $313 pmt for bunkers during the 2017 Q2 period, up from $194 pmt during the same period of 2016.
16 Aug 2017
NAPA Updates Performance Monitoring and Reporting Systems for EU MRV Compliance
NAPA Updates Performance Monitoring and Reporting Systems for EU MRV Compliance
The updated system has also been designed to meet reporting criteria and be compatible with the IMO's fuel consumption data collection system from 2019.
16 Aug 2017
Containerships Looks to Vessel Optimisation to Increase Profitability
Containerships Looks to Vessel Optimisation to Increase Profitability
"Improved EBIT was particularly affected by higher fuel costs compared to the same period a year earlier," explained Containerships' CEO.
16 Aug 2017
Genoil Grows Engineering Team Amid Increasing Interest in Desulfurization Tech for 2020
Genoil Grows Engineering Team Amid Increasing Interest in Desulfurization Tech for 2020
"Dr. Solovyev's appointment to Genoil's engineering team comes at a time of real growth and opportunity for the company," said the company.
16 Aug 2017
Monjasa Adds New Bunker Traders and Trainees Across Denmark, Cyprus, and Singapore
Monjasa Adds New Bunker Traders and Trainees Across Denmark, Cyprus, and Singapore
Monjasa has hired four new Bunker Traders and four new Bunker Trader Trainees.
16 Aug 2017
We Have to Change Everything in the Bunker Industry and We Have to Do It Very Fast: Muhtaroglu
We Have to Change Everything in the Bunker Industry and We Have to Do It Very Fast: Muhtaroglu
The Energy Petrol CEO's call comes as part of his candidacy for Vice Chairman and Chairman of IBIA.
16 Aug 2017
Latest Sustainability Report From Carnival Shows Cruise Giant "Ahead of Schedule" on COe Reduction Targets
Latest Sustainability Report From Carnival Shows Cruise Giant "Ahead of Schedule" on COe Reduction Targets
Carnival today marked the release of its 2016 sustainability report and launch of its new sustainability website, "Sustainability from Ship to Shore."
16 Aug 2017
Increased Financial Pressure From 2020 Will Benefit Large Bunker Traders: Glander International Bunkering
Increased Financial Pressure From 2020 Will Benefit Large Bunker Traders: Glander International Bunkering
"I find it hard to believe that the banks, who to a large extent are trying to retreat from the shipping sector, will be eager to fill in a future widened financial gap in the industry to cover fuel costs," GIB CEO Carsten Ladekjaer tells Ship & Bunker.
16 Aug 2017
Upgraded DEGO IV Delivers Enhanced Fuel Savings, Says ABB
Upgraded DEGO IV Delivers Enhanced Fuel Savings, Says ABB
First installations of the upgraded DEGO system indicate a potential fuel saving in the range of 5-7 percent.
15 Aug 2017
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