World News

Hapag-Lloyd Signs Shenzhen Green Port Initiative
Under the agreement, Hapag-Lloyd agrees to burn only bunkers with a sulfur content lower than 0.5 percent while its ships are at berth.
15 Apr 2015
Crude Futures Make Another Significant Gain
We advise bunker buyers to buy sooner rather than later to minimize risk to the upside.
14 Apr 2015
Analysts: Aegean is a "Strong Buy"
Four analysts have suggested a 12-month consensus target price for Aegean shares of $17.40, predicting current quarter earnings per share will hit $0.24.
14 Apr 2015
Maersk Looks to "Big Data" to Lower Bunker Bills
"We are in a good position in relation to developing knowledge on how big data in shipping can support future technology development," says MMT head.
14 Apr 2015
Maersk: We Are Definitely Looking into LNG Bunkers
While no decision has yet been made concerning the use of LNG bunkers, it is seriously being considered as an option in the fuel mix.
14 Apr 2015
Evergreen Eyes Bunker Savings from New Software
Evergreen expects to improve fuel consumption by 4 to 6 percent through the installation of ClassNK-NAPA GREEN software on its chartered fleet.
14 Apr 2015
CSCL Sought for $1.77M in Unpaid OW Bunker Bill
Russian bunker supplier Big Port Service is said to be pursuing CSCL through an arbitration procedure in New York.
14 Apr 2015
Study Reveals Newer Built Ships Are 10 Percent Less Fuel Efficient Than Those Built in 1990
Study also says containerships built 30 years ago exceeded IMO standards set for ships built in 2020 through its Energy Efficiency Design Index.
14 Apr 2015
Crude Maintains Upward Trend
But Citigroup has put out a commodities outlook report stating that Brent Crude will have an average of $55 per barrel during 2015.
13 Apr 2015
Condor Ferries to Fit DuPont Scrubbers
"We will minimize sulphur oxide and particulate emissions whilst keeping prices as low as possible for freight transport," said Condor.
13 Apr 2015
Wärtsilä Says New Pump is "Important Enabler" for LNG Bunkers
The Wärtsilä Svanehøj ECA Fuel Pump minimises the gas pump's contribution to boil-off gas generation, improving efficiency, says maker.
13 Apr 2015
G6 Alliance Struggling with Smooth Integration of East-West Networks
Industry criticism has also pointed to the number of participants, all with different company philosophies and geographical priorities.
10 Apr 2015
Iran Deal: Iran Says Sanctions Must Lift From Day 1, EU Renews Existing Sanctions
Hourani says Iran will not sign a deal unless sanctions lift from day one, meanwhile the EU renews sanctions against 33 Iranian companies.
10 Apr 2015
Concordia Maritime Receives New Fuel- Efficient Tanker
The Stena Image is the first of two that will be delivered
10 Apr 2015
Crude Markets Make Further Gains
However bunker buyers should be happy that the rise today was a fraction of the bull market we saw on Tuesday.
9 Apr 2015
Weekly Vessel Scrapping Report: 2015 Week 14
Weekly Vessel Scrapping Report: 2015 Week 14
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from Apr 2 - Apr 8, 2015.
9 Apr 2015
Analysts: Shell Eying LNG Growth Through BG Acquisition
"The key attractions for Shell are BG's deepwater assets in Brazil and its LNG portfolio," confers one analyst.
9 Apr 2015
Alfa Laval Signs Patent Deal to Use DSME Technology in LNG Design
Alfa Laval is developing a fuel conditioning system for LNG-fueled ships
9 Apr 2015
Analysts: World Fuel Services "Very Well Positioned" for Growth
"It's a great company, a great balance sheet, great business model, great management team," says analyst.
9 Apr 2015
Crude Market Tanks as U.S. Records Inventories Upwards of 10.95M Barrels
With both WTI and Brent losing almost entirely all positive gains incurred over the past few days, bunker buyers should be happy today.
8 Apr 2015