World News

Wärtsilä, Clean Marine Energy to Offer "Scrubber Finance"

Under the scheme, shipowners will repay finance over 4 to 6 years using savings from using HFO instead of MGO.

9 Mar 2015

Clean Shipping Coalition Urges Shipping Industry to Implement Carbon Emissions Reduction Target

The CSC said that shipping is the only remaining major economic sphere yet to tackle its carbon emissions.

9 Mar 2015

Industry Insight: The Importance of Regular Fuel System Checks

Unless system samples are tested, fuel quality at the engine side remain vague.

9 Mar 2015

Another Loss for Dry Bulk Shipowner in 2014

Diana Shipping Inc. losses were smaller last year than in 2013 but still hit $15.3 million.

9 Mar 2015

Norden Bunker Bill Falls $90M, Still Books $416M Loss

Fuel efficiency initiatives reduced bunker consumption by 2.5 percent.

6 Mar 2015

WFS Shares See New 52-Week High

WFS shares Thursday hit $55.56 in early trading on the New York Stock Exchange, beating last Friday's previous 52-week high.

6 Mar 2015

Aegean Bunkering Fleet to Install ECDIS

The company's bunkering fleet will benefit from IMO-compliant electronic charts.

6 Mar 2015

Ageing Tanker Earnings Match Eco-Ships in 2014

Analysis suggests TCE earnings for Torm's older tankers kept pace with those for rivals' newbuild eco-ships in 2014.

6 Mar 2015

Brent, WTI Follow Downward Trend

Early in the day Brent was up as much as $61.57 per barrel as investors overlooked the record smashing U.S inventory.

5 Mar 2015

Weekly Vessel Scrapping Report: 2015 Week 9

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from Feb 26 - Mar 4, 2015.

5 Mar 2015

Scorpio Bulkers Reports $116.6M Loss for 2014

The results include a $55.5 million loss on the sale of newbuild contracts to sister company Scorpio Tankers.

5 Mar 2015

WFS Dividend Up 60%, First Change Since 2009

WFS ups dividend level in place since 2009 owing to "the strength of our balance sheet and consistent operating cash flow performance," says CEO.

5 Mar 2015

Maersk Line Says Slow Steaming Will Continue as "We Want to be as Energy-Efficient as Possible"

The company said its new containerships larger than 14,000 TEU were designed to slow steam

5 Mar 2015

BIMCO Launches Guide To Maritime Environmental & Efficiency Management

The report was developed in partnership with Fathom and CSL Group with the support of ClassNK.

5 Mar 2015

Dan-Bunkering Makes New Appointment in Singapore

Jason Tan will be a project manager at the Singapore office.

5 Mar 2015

Rollercoaster Ride for Crude as Inventories Continue to Build

Volatility remains to be the only consistent trend.

4 Mar 2015

Soyuz Bunkering Group Expands ARA Presence, Plans Further Growth Under New CEO

The supplier has time chartered their 7th bunker delivery barge in ARA and commenced operations in Amsterdam.

4 Mar 2015

Industry Insight: Driving Operational Change with Data-Driven Analytics

Real-time reporting and data analysis are key tools to understanding and improving complex operating environments of today's companies.

4 Mar 2015

KPI Bridge Oil Promotes New Senior Bunker and Lubricants Trader in London

Sam Groves was previously a trader in the London office.

4 Mar 2015

Gulf Petrochem Opens London Office, Appoints Global Head of Bunkering

"Gulf Petrochem has tremendous growth prospects as it has positioned itself as an asset backed physical supplier and trader," says Neil Lamerton.

4 Mar 2015