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Environmental Groups Defend Ship Efficiency Report
The ICS had previously criticized the results as both fanciful and misleading.
23 Apr 2015
Low Prices Will See Bunker Demand Rise in Medium Term
"The global shipping industry could be a significant source of extra petroleum demand if bunker costs remain low," says Reuters market analyst.
23 Apr 2015
Lloyd's Register Marine Releases New Fuel Management Toolbox
The toolkit is available to all customers of its Fuel Oil Bunkering Analysis and Advisory Service.
23 Apr 2015
Industry Insight: Dawn of the "Open Platform" – Standardisation in Gathering Big Data
Industry Insight: Dawn of the "Open Platform" – Standardisation in Gathering Big Data
A few companies have presented a unique idea: a common data gathering platform on board that can support any solution or application provider.
23 Apr 2015
Crude Oil Prices Finish Day in a Mixed Bag
We maintain that crude might be trading higher than it should be right now and expect to see some softening in the coming weeks.
22 Apr 2015
New AHTS Design Cuts Fuel Consumption By 25 Percent
Wartsila unveils vessel design at Sea Asia exhibition.
22 Apr 2015
IMB Report: One Coastal Tanker Hijacked Every Two Weeks in SE Asia
ICC states that the number of hijacks in South East Asia is "worrying."
22 Apr 2015
Clyde & Co: ECA Compliance Better than Expected
Vessels operating in an ECA have been required since January 2015 to use fuel oil with sulphur content no greater than 0.1 percent under MARPOL Annex VI
22 Apr 2015
Report: Favorable Purchasing Environment and Bunker Fuel Price Declines Through to 2017
Crude oil production is forecast to continue rising at a significant rate, causing suppliers' operating costs to decrease further.
22 Apr 2015
ICS Dismisses T&E Claim About Worsening Ship Efficiency as "Fanciful"
T&E's conclusions were based on "selective" use of data, says ICS.
22 Apr 2015
TORM Restructuring Agreement Signed by 92% of Lenders
"In the case that less than 100% support is achieved, TORM will implement the Restructuring through an English law scheme of arrangement," says company.
22 Apr 2015
Brent and WTI Decline
The past two weeks we have noticed crude futures rise to peak levels in 2015.
21 Apr 2015
Maersk Line Boxship Runs Aground in the Suez Canal
The company said earlier rumours of a possible collision were untrue.
21 Apr 2015
Singapore's MPA, Port of Rotterdam Sign MoU on LNG Bunking, Information Exchange, and Strengthening Maritime Links
The MoU will see the two organizations exchange information and promote R&D.
21 Apr 2015
Marshall Islands Calls for New Global Target to Cut Shipping Emissions
Foreign Minister intends to present a submission to the IMO's MEPC in May of 2015.
21 Apr 2015
Alphaliner: Low Bunker Prices Will Save Box Shippers $14B Even As Rates Slide to Historic Rate Lows
Rates could drop even further, say experts.
21 Apr 2015
Bunker Prices and Strong Dollar Hit Royal Caribbean
"Despite ongoing volatility in the currency and fuel markets, our Double-Double program remains solidly on track," says CEO.
21 Apr 2015
Skuld: Yemeni Shipping Ban Calls for Urgent Risk Assessments
"Going forward it is likely that Yemen will now experience a significant period of conflict," says Skuld.
21 Apr 2015
WTI Resumes Upward Movement
It should be noted that a lot of speculation has been driving the market up over the last couple of weeks, we feel this can not last.
20 Apr 2015
China To Build World's "Most Efficient" Bulk Carriers
The B.Delta68 SUL vessels for Vulica are to be built by Jiangsu Hantong.
20 Apr 2015
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