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Bunkers Are Getting Cheaper Relative to Crude as Prices Slide to Multi-Year Low

Last year bunker prices across four primary ports averaged 73.84 percent of the cost of Brent, but slipped to 67.45 percent on Monday.

Crude Up After Soft Start

Positive growth data coming out of the west coupled with anticipation of a large draw in U.S crude stock was the main driver today.

Bunkering at British Island Under Review

The review will address concerns over "superyachts" getting bunkers directly from tankers.

Clarksons Platou: Maersk Line has Won the Price War

Analyst says the carrier's strategy of aggressively lowering its prices has allowed it to take back its share of the global container freight shipping market.

J. Lauritzen: Weakest Dry Bulk Market for the Last 30 Years

"If the dry bulk market is low for a sufficiently long period of time, then there will be no dry bulk carriers left: it's as simple as that," says CEO.

Bunkers Soft as WTI Slips Under $42/bbl

We can expect continued pressure on crude futures as slowdowns in the far east continue to be presentable.

Report: Shore Power to Become Most Impactful Tool in Making Ports More Energy Efficient

Organization points to "enormous associated environmental improvements" and existing shore power regulatory requirements in the EU and California.

Deltamarin Introduces "the Future Container Feeder Design"

Company says vessel designed to be "best-in-class design in terms of cargo capacity, flexibility and fuel economy."

Maersk Line: 2015 Q2 Net Profit Down 7.3% Year-on-Year

Company cites plunging freight rates on the Asia-Europe trade, but promising to hold their lead position in the global container shipping market.

Global Risk Management Adds Two to Denmark Trading Team

Michael Korsager Nielsen will be a Senior Trader, while Nicholas Foo has been transferred from Singapore to be a Trader.

Better Margins and Cheaper Bunkers Improves OOCL Profits

H1 fuel costs for OOCL fell by roughly 38 percent.

Tanker Recovery Continues to Push Tanker Investments Ahead

Results were relatively on par with the first quarter of 2015, when the company reports its best quarterly profit since inception.

Crude Futures Soft, Despite Stronger Start to the Day

The overall sentiment is that crude futures will stay below $50.00 per barrel for quite sometime which will keep favorable prices for bunker buyers.

Endofa Explains Losses, Future Plans

Endofa company is well funded with a bright future ahead of it, co-founder and Managing Partner Kenn Soendergaard has told Ship & Bunker.

Slight Firming for Crude Futures

EIA data showed that U.S crude inventories incurred a 1.7 million barrel draw last week.

Crude Continues to Soften

OPEC reported that oil supplies outside the group will rise by 90,000 bpd this year.

Hanjin: Q2 Operating Profit Swells Due to Cost Saving Efforts, Lower Bunker Costs

While total sales decreased 6.3%, Hanjin says overall year-on-year operating profit has grown by 147.7% as a result of "continuous cost saving efforts."

Demand for Efficiency Tech Not Dampened by Cheap Bunkers

MAN Diesel & Turbo said that demand for its Kappel propeller has been steady and growing.

Integr8 Expands with New Offices in Mumbai, Istanbul

At the new location in Mumbai, India is Kaman Singh, and Damla Aktay is in Istanbul, Turkey.

Malta Bunker Dispute: Feyza Genç Owners Say Arrest Warrant Unfair, Supplier Says Bunker Bill Still Unpaid

However both parties tell Ship & Bunker they have been unable to contact Turkish trader Global Bunkers Ltd regarding the dispute.

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