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Sinotrans Unfazed By Dry Bulk Outlook, Adds 6 Newbuild Bulkers to its Orderbook

The six newbuild 38,800 DWT "energy-saving" dry bulkers come at relatively low total cost of $138.9 million.

Nicaragua's $50 Billion Panama Canal Alternative "Fraught with Risks and Uncertainties"

Environmental consultancy accuses builders of not being transparent in their business dealings.

Bunker, Crude Prices End the Day Soft After Early Gains

Customers with ships trading in the US East Coast should continue to monitor Hurricane Joaquin, now a category 3 storm.

Weekly Vessel Scrapping Report: 2015 Week 39

Weekly Vessel Scrapping Report: 2015 Week 39

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from September 24 - September 30, 2015.

Heavy Volatility for WTI Contracts

Bunkers were mostly steady across the board today as both buyers and suppliers were eagerly waiting to see market direction.

SulNOx Signs Agreement With LR to Help with Emulsion Fuel Commercial Deployment

Lloyd's Register will provide verification, testing, technical support for the commercial deployment process of SulNOxEco Fuels.

LNG Bunkering Systems Firm Acquired by Mitsui Engineering & Shipbuilding

TGE Marine says it is a "pioneer" in LNG fuel gas systems and LNG bunkering.

MAN Diesel & Turbo "Fuel-Saving" Propellor Installed on Newly Launched 58,500 DWT Bulker

The new MAN Alpha Kappel FP propeller is said to have found one of its first commercial applications a 58,500 DWT Supramax bulk carrier, Elsabeth C.

Lukoil Marine Lubricants Releases Fuel Saving ICOLube System in UK

System is said to maintain "best engine conditions," reduce oil costs and fuel consumption, and is environmentally friendly.

IMO Argues Against Hard Emissions Cap on Shipping in Paris Climate Deal

The IMO urged world leaders to allow talks targeted at shipping to be facilitated under its leadership due to its expertise.

Analysts Warn on Glencore Debt, Draw Comparisons with Lehman Brothers

The commodities trader has defended itself as "operationally and financially robust."

Crude Futures Back in the Green

Bunkers were firm in the primary ports today.

Dry Bulk Player Daiichi Chuo Kisen Kaisha Files For Bankruptcy With $1 Billion Debts

Subsidiary Star Bulk Carrier Co has also filed for bankruptcy protection with additional debts of around $476 million.

Wärtsilä Signs Agreement to Optimise GasLog LNG Carriers

The three to five year maintenance agreement with the GasLog will ensure "reliability of operation" of GasLog's seven 155,000 cbm LNG carriers.

Hapag-Lloyd Aims for $500m From IPO

Roughly $400 million will reportedly aim to come from institutional and retail investors.

Bullish Tanker Market Outlook Sees d'Amico Order 2 Newbuild ECO LR1's in $88 Million Deal

"I believe LR1s, with their larger cargo capacity, will be in great demand in the years to come," says d'Amico International Shipping CEO Marco Fiori.

Crude Futures Continue on a Slippery Slope

Falling equities in the stock market coupled with weaker Chinese economic data kept commodities in the red.

Regional Bunker Companies Struggling as Top 10 Players Increase Market Share

"In 2005, the ten biggest bunker companies controlled around 20-25% of the market. Today that's over 50%," a UK-based analyst tells Ship & Bunker.

Deutsche Bank Bullish on Dry Bulk Recovery Starting in November

The view is in deep contrast to majority consensus for the troubled sector.

China, Greece to Invest in Five Arctic LNG Carriers

The vessels will ship LNG from the Yamal project.

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