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DNV GL Announces 5 Pilot Maritime Projects To Showcase Bunker Alternatives

The pilot projects are said to include several different types of ships and infrastructure, and are reported to emphasise alternative fuel concepts."

Dry Bulk Downturn Claims Another Victim as Shipper Files for Bankruptcy

Global Maritime Investments Cyprus Ltd. filed on Tuesday.

Crude Jumps 4% as US Stockpiles Sink

The stockpile reduction of 2.1 million barrels was in stark contrast to the markets forecast of a 1.2 million barrel build.

Drewry: Low Bunker Prices Have Halved Slot Cost Benefits for Mega-Ships

Data from Drewry shows that, while larger vessels still enjoy a cost advantage, tumbling bunker prices have reduced the slot cost benefit for mega-ships.

Interferry Conference to Explore "Game-Changing" Driverless Ships, Fuel-Saving Technologies, and Zero-Emissions Initiatives

Interferry says that technical innovations will be the main theme of the 40th annual Interferry Conference, set to be held in Copenhagen.

Industry Insight: Bunker Prices Could Fall Further as Analysts Predict Crude Has Yet to Reach Bottom

Industry Insight: Bunker Prices Could Fall Further as Analysts Predict Crude Has Yet to Reach Bottom

Some analysts, including Goldman Sachs, say $20 oil should not be ruled out.

IMB Calls for Global Reporting System to Address Piracy

The organization said that coordinating efforts and introducing standardisation would make anti-piracy efforts more effective.

Small Gains for Crude

Some indications seem to imply that the global supply market is correcting.

Clean Marine to Supply Scrubbers for Two Newbuilds

Clean Marine has signed a contract to supply exhaust gas cleaning systems to two vessels currently being built by China's Huanghai Shipbuilding.

Eniram Releases 3 New Ship Efficiency Solutions to Reduce Bunker Costs

The new releases include enhanced speed optimization and optimal routing solutions, as well as new data analytics software for cruise vessels.

Crude Benchmarks Make Sluggish Start to the Week

By days end both benchmarks were in the red while bunker prices in most primary ports followed suit.

No Current Demand for Dedicated LNG Bunkering Vessels

However 7,000 to 8,000-cbm vessels are of interest as they can serve as LNG carriers and double as bunkering vessels when the need arrises.

IEA: Weak Crude Prices Harming Non-OPEC Oil Investment

A decline in non-OPEC investment is expected to concentrate power over crude prices back on OPEC producers.

IEA: Saudi Strategy is Working as Non-OPEC Oil Output Set for Biggest Fall in 24 Years

2016 will see overall non-OPEC production drop to to 57.7 million barrels per day, predicts IEA.

Stena Line : Shipping Industry Moving Away from HFO "a Lot Quicker than Many of us Think"

Carl-Johan Hagman, CEO of Stena Line, says that the shipping industry is becoming more environmentally sustainable quicker than thought.

Bulk Carrier DryShips to Sell Entire Fleet

17 of DryShips' fleet of 39 vessels are being sold to its CEO, with the remaining ships to be up for sale.

Vitol Starts Physical Supply in Houston

The new operations will serve Houston and the Mississippi River.

Brent Firms to Negate Some of Yesterday Losses

We can expect levels to come off a bit as everyone swallows the fact there was a 2.6 million barrel build in U.S. inventories.

Weekly Vessel Scrapping Report: 2015 Week 36

Weekly Vessel Scrapping Report: 2015 Week 36

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from September 03 - September 09, 2015.

Maersk: Current Market Comparable to 2009 Crisis, but "We Can Use the Downturn to Positive Effect"

CEO Nils Smedegaard Andersen say that "today, the conglomerate is in a completely different position."

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