World News

Parker Kittiwake Expands Distributor Network with Insatech
Parker Kittiwake says it has signed an agreement with Insatech A/S, making the company a Parker Kittiwake distribution partner in Denmark.
8 Mar 2017
SEA\LNG and SGMF Pen MoU for Cooperation on LNG as Marine Fuel
Through the MoU, the two organisations will provide support for each other by sharing knowledge, data, and information from their areas of responsibility.
8 Mar 2017
Another Day of Limited Market Movements for Oil
Bunker prices were stable in the primary ports.
7 Mar 2017
Hanjin Shipping Delisted from Korean Exchange
Meanwhile, one of Hanjin Shipping's few remaining vessels, Hanjin Rome, has been sold by the Supreme Court of Singapore, court documents show.
7 Mar 2017
Unioil Supply Appoints New Sales & Business Development Manager
Kristian Korsgaard Pedersen has been hired as Sales & Business Development Manager, with development of new and existing business a "top priority."
7 Mar 2017
HMM Signs MoU for Sale of Ten Container Vessels
As part of an effort to raise funds, HMM has entered into a MoU to sell ten of its container ships to state-backed Korea Shipping Co.
7 Mar 2017
Baltic Dry Index Continues Positive Run to Break 1000
The Baltic Dry Index gained 54 points today to reach 1033 - the highest the index has been since mid-December.
7 Mar 2017
Iraq Set to Lead Massive OPEC Production Increase as Cartel's Secretary General Says 'So Far, so Good' on Oil Deal
Meanwhile, Kilduff doubts Russian cutback commitment or further Saudi participation.
7 Mar 2017
Ian Workman Joins VPS
The well-known industry veteran has over 30 years' experience in the bunker industry.
6 Mar 2017
Volga Shipping Gleans 5.6 Percent Bunker Savings Through Efficiency Initiative
Volga Shipping says the first stage of its energy-saving programme has improved the fuel consumption by 0.28 tonnes per day.
6 Mar 2017
Corvus to Provide Bunker-Saving ESS to Two Polar Expedition Newbuilds
Corvus' ESS will provide the vessels with supplemental power to improve performance and reduce operating costs and emissions.
6 Mar 2017
Baltic Dry Index Breaks Above 900
Clawing back gains lost since January 20, the Baltic Dry Index gained 35 points Friday to reach 939.
6 Mar 2017
A Main Cruise Ship Player Will Make a Commitment to Battery Power This Year: Foreship
"Cruise owners are aware that battery technology has been proving itself in the ferry market," says Head of New Technology Jan-Erik Räsänen.
3 Mar 2017
Langh Tech Develops Water Treatment System for EGR Systems
Langh Tech has been working with MAN Diesel & Turbo in the development of the water treatment technology intended for use during EGR operation.
3 Mar 2017
General Dynamics NASSCO Delivers Latest LNG-Ready Tanker
The Liberty is the third in a series of three LNG-ready ECO Class tankers ordered by SEA-Vista.
3 Mar 2017
ABS Publishes Advisory on Hybrid Electric Power Systems
The advisory is intended to provide the information owners and operators "need to make smarter decisions about energy generation and storage."
3 Mar 2017
Unplanned Dry Docking for Quadrise's MSAR Bunker Trial Vessel
Quadrise says the Maersk Line vessel's dry dock visit is unrelated to the MSAR operational trial, but "it may impact the overall trial schedule."
3 Mar 2017
AkzoNobel Launches New Programme to Educate on Bunker Saving ISO 19030 Standard
The programme is intended to simplify the complexities of the new global standard for hull and propeller performance measurement.
3 Mar 2017
UCL Underlines Need for Alternative Bunkers to Meet CO2 Reduction Goals
Tristan Smith of University College London, says shipping's CO2 emissions per tonne-mile will need to be reduced by 60 to 90 percent by 2050.
3 Mar 2017
MHI-MME Marks 50 Units of Bunker-Saving Retrofit Propeller Deliveries
MHI-MME highlights that the retrofit propeller was designed for slow steaming conditions, limiting engine load and boosting fuel efficiency.
2 Mar 2017