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GoodFuels Marine Receives RSB Certification for Its Sustainable Marine Biofuels

The certification is said to assess the sustainable viability of the biomaterials used by GoodFuels to generate marine bunkers.

Further Gains for Capesize Rates, But Baltic Dry Index Still Ends Week With Another Historic Low of 354

"It's a bloodbath, which calls into question the survival of many dry-bulk shipping companies," says maritime adviser Basil Karatzas.

Bunker Prices, Crude Set to Remain Under Pressure as Gulf Producers Say "No Change" to High-Output Market Share Strategy

OPEC members say no cooperation from non-member producers means their strategy won't change.

"Vastly Improved" Specifications Reported for Lithium Ion Battery Systems Used for Marine Propulsion

Corvus says the system has "double the RMS power capability and substantially more energy capacity than previously reported."

Borouge And Maersk Line Agree to 15% CO2 Emissions Reduction

Petrochemical company Borouge, is said to have signed the Carbon Pact with Maersk Line as part of the Abu Dhabi Sustainability Week.

MOL Takes Delivery of Newbuild Eco Vessel

The newbuild woodchip carrier, named C.S. Bright, is said to have a cargo hold capacity of about 4.3 million cubic feet.

Crude Rebounds from Yesterday's Plunge

Bunker prices are firming in the primary ports, for now.

Dry Bulk Index Falls to Another Historic Low of 355, But Demand is Not The Problem, Say Analysts

"If you've got more ships than there are cargos, then freight rates are going to be weak – it's that simple." says Braemar Shipping's James Kidwell.

Weekly Vessel Scrapping Report: 2016 Week 3

Weekly Vessel Scrapping Report: 2016 Week 3

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from January 14 – January 20, 2016.

IBIA Elections Underway

There are currently 3 vacancies for the term of office starting April 1, 2016.

Bigger LNG-Powered Box Ships "Only a Matter of Time" Says ABS

Patrick Janssens of ABS says low bunker prices are one thing currently slowing adoption.

Tanker Sector Can't Rely on Scrapping to Keep Market Balanced

Poten & Partners says there aren't enough candidates to make this course of action feasible.

Eagle Bulk Has Until February to Reach Outstanding Loans Agreement

Eagle's payback woes come at a time of record dry bulk market lows.

Crude Benchmarks Take Another Nosedive, US Crude Under $27 for the 1st Time Since 2003

Bunker buyers can expect to continue to see favorable pricing.

Monjasa to Expand Panama, Mexico, Other Latin America Bunker Markets

As part of its plans, the supplier expects to expand its offices in Panama to accommodate approximately 40-45 employees, up from around 20 at present.

Baltic Dry Index Falls Another 5 Points to 358, but Capesize Rates Show Slight Improvement

Most analysts once again pointed to China as the main driver for the continued fall.

Industry Insight: Sustainable Marine Biofuel – Scaling-Up for a Crucial Role in a Low Emission Future for Shipping

Industry Insight: Sustainable Marine Biofuel – Scaling-Up for a Crucial Role in a Low Emission Future for Shipping

In playing our part in contributing towards a "well below" 2-degree cap, a paradigm shift is required for new types of low carbon bunker fuels.

Oil Demand Growth Stymied by Warm Weather and Lousy Global Economics: IEA

The Agency also thinks that mounting global inventories in 2016 could make floating storage profitable.

IMO Names World Maritime Day 2016 Theme "Shipping: Indispensable to the World"

The theme is said to have been selected to bring focus to the critical link between shipping and global society.

New LNG Ship Design Said to Provide 3-5% Fuel Savings

The company says the goal of the project is to improve the efficiency and layout of the best LNG vessel designs currently being built.

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