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Crude Futures Continue to Fall After Flat Start to the Day

We highly advise bunker purchasers to lock in their prices and take advantage of the current market state.

20|20 Marine Energy: Cheap Oil and Bunkers Have Caused a State of "Flux" Within the Shipping Industry

The consultancy says the low prices are causing ship owners indecision and increasing risk in the marine fuel supply chain.

Report: Shore Power Utility Electricity Revenues in Port Operations to Total $1.6 Billion Between 2015 and 2024

Navigant Research says a new report examines expected global port operations revenues from shore power utility electricity.

Low Bunker Prices Mean "Clear Cost Savings" from Increasing Vessel Speed

The finding by Drewry is counter to the conventional wisdom that slow steaming is more cost effective.

WTI Back Under $30 as Crude Futures Continue to Slide

Both Brent and WTI contracts softened nearly 4% as the realization of a Venezuelan/OPEC deal faded off.

Chairman of MSAR Emulsion Bunker Firm Quadrise to Step Down

Mike Kirk will succeed Ian Williams as Executive Chairman, effective April 1, 2016.

Parker Kittiwake Reports Significant Order for New Cat Fine Test Kit

Norbulk Shipping to outfit 70 Vessels with Parker Kittiwake's Cat Fines Test Kit

Industry Insight: Are Physical Suppliers Really Safer to Deal With than Traders?

Industry Insight: Are Physical Suppliers Really Safer to Deal With than Traders?

Some buyers say they believe refraining from using traders, and only using physical suppliers, will avoid a so-called "double payment" problem.

VPS and Intertanko Concerned Over Impact on Bunker Quality from Proposed Changes to ISO 8217

VPS says proposed changes to the ISO 8217 standard may undermine shipping industry efforts toward fuel quality improvements.

Diana Shipping Buys Bulkers at "Distressed" Prices

The Greece-based dry bulk shipping company says it has purchased the three Panamax dry bulk vessels at a collective price of $39.8 million.

Aqualis Offshore Lands Study Contract for TOTE LNG Bunker barge

Aqualis contracts with South Korean LNG bunker vessel manufacturer.

Crude Futures Down After a Trading Day of Heavy Volatility

Oil prices were up sharp early in the day on the continual speculation that OPEC members were willing to talk about production cuts.

Weekly Vessel Scrapping Report: 2016 Week 5

Weekly Vessel Scrapping Report: 2016 Week 5

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from January 28 – February 3, 2016.

Another Historic Day for Dry Bulk as Baltic Dry Index Falls to 298

Average spot TC rates fell to $2,743 per day for Capesize bulkers, and $2,837 per day for supramax ships.

Japanese Dry bulk Giant Misses Rehabilitation Deadline

Daiichi Chuo Kisen Kaisha is now scrambling to raise funds from shipowners and other creditors.

Plans to Sell off Stakes in Affiliates Buoys Hyundai Merchant Stocks

The shipping line saw its stock prices rise to three week highs on news of its plans to sell its stakes in affiliate companies.

Western Bulk ASA to sell Western Bulk Chartering AS

Board of directors reacts to "increasingly challenging market" with rapid sale of bulk chartering business.

Gulf Petrochem Dismisses Bunker Market Exit Rumours

"Quite the opposite, in fact," Lamerton tells Ship & Bunker.

Crude Futures Soar

ICE contracts for April delivery settled firm, well above 8% since yesterdays close while WTI March contracts firmed over 7%.

Dry Bulk Players Face Reality of Mass Scrapping, Lay-Ups as Baltic Dry Index Sinks to New Record Low of 303

The reality appears to be that there simply is not going to be enough demand to support the current dry bulk fleet at any meaningful point in the future.

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