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GOGL Announces Vessel Divestment and Adjustments to Newbuilding Program

Company sells a total of 14 ships from its Capesize fleet and delayed the construction of several other vessels

Kassinger Questions Practicality of 2018 Fuel Availability Study

"So asking someone I think is great. My question is, who?"

Mixed Day for Crude Futures After Early Rally

Brent futures slipped 19 cents since yesterdays close settling $64.64 per barrel while WTI futures settled 7 cents higher at $57.06 per barrel.

Box Ship Orderbook Needs to be Halved to Restore Supply and Demand Balance by 2019

300 newbuilds would have to be cut from the orderbook, according to Boston Consulting Group.

Report: Asia-Bound Contaminated Crude Cargo Could be Destined for Bunker Markets

Chevron dispatching one million barrels after three-year storage, in what California Energy Commission calls "a bizarre incident."

Kassinger: No Point in Waiting to Implement 0.5% Global Sulfur Cap, but if You Do, Wait Until 2075, not 2020 or 2025

It will take decades and over $100 billion of investment to convert the residual fuel used by the marine industry into clean products, he says.

Crude Futures Retreat

Although the rig count in the states has fallen significantly this year inventory levels seem to keep rising.

IBIA Urges Industry to Adopt Updated ISO 8217 Specifications

The International Bunkering Industry Association said that the latest specs are not too expensive for owners.

Singapore Bunker Prices Under Pressure from Flood of Russian Fuel Oil

Singapore's fuel oil imports from Russia are said to have trebled year-on-year to 4 million tonnes during Q1 2015.

MOL Orders 4 Bunker Saving Car Carriers

"MOL has taken an aggressive, ongoing approach to developing innovative next-generation car carriers," says the company.

VPS Highlights Shipowner Concerns Over Fuel Changes

The fuel testing company names the shift to distillate fuels, the implementation of new regulations, and the development of hybrid fuel as 3 key driving forces.

CWR: Banks Increasingly Base Ship Financing Decisions On Energy Efficiency Data

Shipping banks such as KfW IPEX-Bank said that they had analysed their investment portfolios according to the energy efficiency rankings of ships.

Industry Insight: Sink or sail? Fuel-Efficiency Solutions in an Era of Cheap Oil

Industry Insight: Sink or sail? Fuel-Efficiency Solutions in an Era of Cheap Oil

When a product says it will cut your fuel bill and pay for itself in a matter of months, what do you do when the market conditions underpinning that proposition are badly shaken?

More Bloodbath, Consolidation for Oil & Gas Industry in 2015

Players will see a wave of consolidation and look for moves to lower cost locations, hears Sea Asia conference in Singapore.

LR: Case for Scrubbers is Not Yet Strong or Urgent Enough

"The business case for installing scrubber technology on deep sea tank, bulk or container ships is not, yet, either strong enough or urgent enough," says LR.

Wärtsilä Q1 Robust Despite "Slow Marine Market"

"Low oil prices are causing a wait and see attitude," says CEO, but Services sales rose 11 percent in Q1 2015.

Crude Prices Back on the Rise - Bunker Buyers Should be Buying as Far Out as Practical

Brent also firmed significantly by $2.11 settling at $64.84 per barrel., while WTI was up $1.49 per barrel settling at $57.74.

Weekly Vessel Scrapping Report: 2015 Week 16

Weekly Vessel Scrapping Report: 2015 Week 16

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from Apr 16 - Apr 22, 2015.

Strevens: It's a Mistake to Think Low Bunker Prices Means No Impact From New ECA Rules

VP of Environment at WWL & Chairman of Trident Alliance shares his thoughts ahead of the Platts European Bunker Fuel Conference 2015.

Oil Plunge Will Mean Huge Wave of Shipping Disputes in 2015

"The cases that are coming...will be huge and could take even longer than what we have experienced in shipping before," says Wikborg Rein partner.

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