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Oakland Attributes Reduction in Diesel Emissions to Shore Power

The port has programs targeting both vessel and truck emissions.

Reports: COSCO Order for 20,000 TEU Capacity Containerships Confirmed

Nine ships were reportedly ordered across three yards with options for four more.

Carnival Slashes $194 million from its Q2 Bunker Bill as Earnings More Than Double

The cruise giant projects its 2015 annual bunker bill to be $1.416 billion, a significant reduction over 2014's spend of $2.033 billion.

Crude Futures End Thursday in the Red

The uncertain sentiment of a Greek deal has caused the commodities market to decline.

Weekly Vessel Scrapping Report: 2015 Week 25

Weekly Vessel Scrapping Report: 2015 Week 25

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from June 18 - 24, 2015.

Hopes of a Charter Rate Rise Buoyed by Drop in Idle Fleet

Idle box capacity last week slide to a five year low of 228,400 TEU.

Crude Futures Fall After Early Rally

Bunkers mostly steady as Brent tumbled nearly $1.00 settling at $63.50 per barrel while WTI fell $0.74 cents settling at $60.27 per barrel.

FMC: No Indication of Price Fixing from Container Alliances

Mario Cordero, chairman FMC, says global maritime regulators have found no evidence of price fixing in freight rates among container shipping alliances.

Global Risk Management Reports "Solid" Fiscal Year Results as Clients Increase

The hedging solutions company said that the volatility of oil has boosted client activity over the past year.

LR: Carnival Mega-Vessel Order Shows LNG Bunkers are "Looking Like an Increasingly Attractive Option"

Lloyd's Register has praised Carnival's decision to build four newbuild LNG-powered mega-cruise ships.

GAC Joins World Ocean Council

The WOC focuses on sustainability and the conservation of the ocean.

Shipping is "Too Conservative" Says Outgoing DNV GL CEO

Henrik O. Madsen urged the industry to see new legislation as opportunities rather than setbacks.

Industry Insight: Five Key Decisions Made at MEPC68

Industry Insight: Five Key Decisions Made at MEPC68

BLUE outlines five key decisions taken at the latest session of the International Maritime Organisation's (IMO) Marine Environment Protection Committee.

Crude Futures Rally Heavily on Talk of Iran Deal Delay

if the green-back was soft today we could have easily expected Brent crude prices to be well over $65.00 per barrel.

Asia-Europe Box Rates Slide Even Further, Carriers Now Losing Double What They Were Last Week

"With the bunker-adjustment-factor surcharge at $300 for Asia-Europe, we are losing close to $100 per box," says operator.

Alfa Laval PureNOx Approved for EGR System

The company's PureNOx has been approved for use with the MAN Diesel & Turbo EGR system.

Hedge Fund Expects Oil to Rebound to $82/BBL by 2016

Swiss fund Insch Capital Management said demand is growing while production in the U.S. is falling.

Law Firm: Expect More Oil Industry Bankruptcies, Mergers, and Acquisitions

Law firm, Willkie Farr & Gallagher says that sinking oil prices will soon lead to more oil companies and suppliers filing for bankruptcy.

Drewry: Top 3 Carrier Lines Now Have 38% of the Market Share

The shipping consultants say being a "top 20 carrier" no longer means being a leading global container line.

Crude Futures Start The Week Making Gains

WTI front-month contracts for August firmed by $0.07 cents settling at $59.68 per barrel while Brent contracts firmed to $63.34.

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