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Bunkering Facilities, Storage Set to Grow in Fujairah

However crude oil storage was said to be the priority, as throughput and revenue are higher.

BIMCO Standard Bunker Contract "Already Being Readily Accepted by Suppliers and Traders Worldwide"

"Using a boilerplate contract that addresses key procedures and regulatory requirements adds a valuable tool for bunker negotiations," says BIMCO.

No Need For Shipowners to Rush on LNG, Says MAN Diesel & Turbo

Senior Vice-President Ole Grone said that the price of the technology is likely to drop as newer technology enters the market.

Lower Bunker Costs Not Enough to Fund Required Investments for Box Carriers

Continuing investment in new, larger vessels is vital for the future of container lines, but lower bunker prices are unlikely to boost financial positions sufficiently, says report.

Shipowners Expect Better Charter Market in 2016

The gap between supply and demand for containerships is expected to widen next year.

Alphaliner: Repeated Rate Increases From Carriers "Hard To Justify"

Carriers, including Maersk Line, are attempting to raise freight rates for the 5th time this year.

Crude Rises to 2 Week High

Stemming bunkers sooner rather than later could save money in the long run if issues continue in the Middle East.

Evergreen Expects Operating Costs to Fall 20% on Low Oil Price

Low oil prices could see the shipping industry generate higher profits in 2015, says Group Vice President.

Curoil Sees International Boost to its Bunker Business

The company has reportedly been strengthening its position as a bunker supplier in the Curaçao region.

Singapore-Listed Noble Takes Legal Action Over "Inaccurate" Allegations of Irregularities

"Their actions, and their timing, have been calculated primarily to inflict damage rather than to facilitate the distribution of research," Noble tells SGX.

Box Market Bunker Demand to Double by 2030

In addition to a growth in demand for bunkers within the sector, the fuel mix is likely to change, said BCG.

BCG: Sulfur Cap Investments Will Pay for Themselves

However it will be crucial to make the right choices at the right time, and payback times may be lengthy, the consultancy says.

DNV GL Advises Caution on Hybrid ECA Fuel Switch

The classification society said that companies should start the changeover process well in advance of entering ECAs

Wärtsilä Launches Four New LNG Carrier Designs "as Shipping Moves into the Gas Age"

The new designs were developed with both ocean-going and inland operations in mind.

BCG: LNG Could Have 27% of Bunker Market by 2025

"The important question is when will LNG become the dominant bunker?" says BCG, adding LNG could have 27 percent of the bunker market by 2025.

Brent Contracts for May Delivery Take Roller-Coaster Ride

Speculators insist that Saudi Arabia's recent decision to maintain production levels of 10 million barrels per day will keep driving the market down.

Bunker Markets Confused as Energy Markets Make Mixed Movements

Soft bunker markets in the near future seem to continue despite any short term spikes.

Shipowners Unhappy With Worldscale ECA Differential Review

Differentials suggested by current spot prices are some way below Worldscale published rates.

Alliances Launch Asia-U.S. East Coast Services to Bypass West Coast Congestion

Panama Canal will be used to complete new all-water services between Asia and the U.S. East Coast.

DNV GL Launches Fuel Saving Hull, Propeller Performance Monitor

DNV GL's new ECO Insight module monitors hull and propeller degradation to calculate optimal maintenance schedules.

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