World News

Nominations Open for Wind Propulsion Innovation Awards 2016
The awards are intended to recognise technological innovation and development of wind propulsion as a viable solution for the shipping industry.
4 May 2016
Bunker-Only Calls a "Real Headache" for Operators: WSS
WSS wants bunker buyers to ditch the "mom and pop" players in favour of its "one stop shop" approach to bunkering.
4 May 2016
Crude Down for Third Straight Trading Day
There is an expectation of 1.2 million barrel build when the EIA report is released tomorrow.
3 May 2016
Recycled Bunker Firm Launches Green Award Discount Scheme
Ecoslops to provide a 25 percent discount on wastes delivered via Green Award certified ships.
3 May 2016
"More Needs to be Done" on Hull Performance Management: Jotun
The comments came at the inaugural HullPIC conference, which was held to address industry needs for ways to measure hull and propeller performance.
3 May 2016
Bunkers Could be on the Way Down as Brent Dips 3% and More Downside Anticipated
"Our high side parameters for both WTI and Brent have been achieved," says Ritterbusch & Associates.
3 May 2016
Crude Benchmarks Retreat
As the market awaits Wednesday's EIA report keep an eye on the dollar's movement and its effect on commodities.
2 May 2016
Langh Tech Scrubbers Set for Installation on Norwegian Cruise Ships
The delivery is said to include scrubber units for each of the vessels' five engines, as well as treatment plants for the scrubber water.
2 May 2016
Oil Rally Looks Like Last Year's False Recovery: Commerzbank
BNP Paribas are among those reiterating warnings for $30 oil.
2 May 2016
CMA CGM Announces EC Approval of NOL acquisition
The Phase 1 review was approved under the condition that NOL's exit the G6 shipping alliance, which both companies have already agreed to.
29 Apr 2016
Analysts Worry that Oil Rally Will "Run Out of Steam Soon"
They cite on-going global stockpile increases as the cause of their concern.
29 Apr 2016
UECC "First of Its Kind" LNG Propelled Car Carrier Launched
A formal launching ceremony for the dual-fuel LNG-propulsion capable car carrier, TBN Auto Eco, was held on April 14.
29 Apr 2016
As Oil Hits 2016 high, Danish analyst Predicts Shipping Will Lead a Recovery in Offshore Markets
However, detractors insist that the price rally is being driven by a weak dollar.
29 Apr 2016
World Fuel Services: Q1 Volumes Flat at 7.7M mt, but Profit Slips on "Continued Weakness in the Marine Markets"
Unseasonably warm weather in the U.K. and U.S also played a factor in the overall result, WFS said.
28 Apr 2016
Weekly Vessel Scrapping Report: 2016 Week 16
Weekly Vessel Scrapping Report: 2016 Week 16
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from April 21 – April 27, 2016.
28 Apr 2016
T&E: EU Failure on Arctic HFO Ban "Major Cause of Concern"
While the group welcomed EC efforts to implement climate mitigation and adaptation strategies, it calls on the EU to ban on HFO, a "toxic pollutant."
28 Apr 2016
ABB Partners with Cavotec for Shore Power to Develop "Green Ports"
ABB says it will encourage the development of "green ports."
28 Apr 2016
GAC Launches EnvironHull Fuel Cost Savings Calculator
"A foul-free hull offers the benefits of significantly enhanced fuel efficiency," says GAC.
28 Apr 2016
Vessel Arrested Over Unpaid Replacement Bunkers
The case has been brought by Monjasa over a deal originating from last year.
28 Apr 2016
Insiders say $50 Oil May Cause a Floodgate of Activity
More rigs and better cash flow will be the outcome of higher prices.
28 Apr 2016