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Poor Market, Knightsbridge Merger Sees Golden Ocean Slide to $33.5 Million Loss

GOGL interim results show an intensified trend of net losses into Q2 of this year, results largely attributed to the increased fleet after its Knightsbridge merger.

Trafigura in Rare VLCC Gasoil Move

The trading house has reportedly chartered two VLCCs to carry fuel from South Korea to West Africa.

Kongsberg Fuel Saving Control System to Be Installed on PSV

The production support vessel is owned by Toronto-based Nautilus Minerals Inc.

RightShip: GHG Emissions Rating Receives Update

Update takes changes to the assumed fuel-type for non-verified vessels.

Cyber Criminals Swipe Over $600,000 in Bunker Payments

An undisclosed shipping company admits to being hacked on two occasions.

Crude Makes Largest One Day Gains in Over 6 Years

At the end of the day we believe that crude prices will soften down to levels we have noticed this past week as current supply far exceeds global demand.

Weekly Vessel Scrapping Report: 2015 Week 34

Weekly Vessel Scrapping Report: 2015 Week 34

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from August 20 - August 26, 2015.

Hapag-Lloyd says H1 Results Prove CSAV Merger was the Right Decision

Volumes and Revenues were significantly higher, but profits were down 9.3 percent compared to H1 last year.

"Everybody Will Have a Better Life" with $50 Billion Panama Canal Alternative, says HKND Group

HKND says it has the public backing of Nicaraguans to build a $50 billion, 275-kilometre waterway for vessels that can't navigate the Panama Canal.

Mega-Boxships to Create More Pressure on East-West Rates

Alphaliner says UVLC deployment will continue with renewed strength into 2018, exacerbating overcapacity and rate wars in the container freight industry.

Brent Prices Edge Down as WTI Drops 2%

We believe prices will continue to fall as we near the end of the summer season.

IBIA To Hold Forum on Bunkering with New Fuels

The discussions will be part of London International Shipping Week in September

Iran: Emergency OPEC Meeting May Be "Effective" for Oil Price Stability

Iran says it endorses a meeting to stabilise oil prices, but reports say such a meeting is unlikely unless Saudi Arabia is in favour.

Crude Futures Firm, but WTI Stays under $40/bbl

There is much anticipation for official EIA data tomorrow as significant builds in U.S. stock could cause crude futures to fall even farther.

MISC to Divest 50% Shareholding in VTTI

MISC says an agreement has been signed with VIP Terminals Finance to divest its 50 percent issued share capital of VTTI B.V. for $830 million.

Hapag-Lloyd Expected to Target September IPO

Industry speculation originally pegged the IPO for late 2015 or in 2016.

Dry Bulk Shipping Market Making Improvements Despite Persistent Challenges, says Shipowner

Dry bulk shipowners reportedly experienced a modest comeback this summer due to slowing dry bulk fleet growth, increased demand for dry commodities.

Singapore Bunkers Swing to 10 Year Low as Global IFO380 Prices Approach $200

Global IFO380 prices in other primary bunkering ports all took similar swings into the red.

OPEC: Still No Production Cuts Despite Growing Concerns Amongst Gulf Members

Oil prices will remain volatile... but they will recover," says an OPEC delegate from a Gulf oil producer.

Heavy Losses for Crude as WTI Closes Under $39/bbl

Bunkers were soft today in the primary ports but owners and operators are waiting for the dust to settle before filling up their ships.

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