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Marine Insurer Launches New Coverage in Response to South-East Asian Bunker Piracy

The added policy will have an aggregate limit of $5 million.

Investors and Traders Continue to Fight Over the Direction of Crude

Over the next several months however, we still feel it is more likely that oil prices will reduce further than increase.

Weekly Vessel Scrapping Report: 2015 Week 5

Weekly Vessel Scrapping Report: 2015 Week 5

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from Jan 29 - Feb 4, 2015.

VLCC Rates Falling as Floating Storage Demand Wanes

"Floating storage is turning out to be a big disappointment for owners," says a VLCC broker in New Delhi.

UAE Fuel Oil Market "Economics Just Don't Work" Without Iranian Oil

If you deal in the UAE bunkers market "you have to touch Iranian fuel oil because otherwise the economics just don't work," says trader.

Bureau Veritas Hires New Global Technical Manager for Marine Fuel Services Team

Charlotte Røjgaard will initially be based in Singapore and will move to Copenhagen in mid-2015

9th Person Charged in Glenn Defense Corruption Case

"With the arrest of Paul Simpkins...we have uncovered yet another tentacle of this pervasive bribery scheme," says U.S. Attorney.

Alfa Laval Sees "Steady Growth" for Scrubber Demand

The company is working on launching an inline version of the scrubber system later this year.

Silverstream Air Lubrication System Shows 4.3% Bunker Savings, Gets LR Approval

"Following this successful trial, we are confident that we can enhance the already significant savings," says Silverstream CEO.

4 Day Crude Run Ends With 8% Drop

U.S. inventory levels are at an 80 year record high and most likely growing.

Glander International Bunkering Hires New Bunker Trader in Dubai

Luis Cañizales, a specialist in South American markets, joins GIB's Dubai team.

Industry Insight: Where Did OW Bunker's Staff Resurface?

Industry Insight: Where Did OW Bunker's Staff Resurface?

Following the collapse of OW Bunker, a flurry of hiring activity has dominated the global bunkering scene in the last 10 weeks.

Four Days, Four Increases in Oil Prices

We recommend to clear your desk of any pending bunker requirements as prices seem more likely to increase than decrease right now.

Oil Price Collapse: Maybe This is the Time to Buy, Says Analyst

Long Brent positions were up as oil rallies again on Monday, but the market remains particularly volatile.

Crude Makes Third Consecutive Day of Gains

We have seen an uptick in west coast bunker prices and expect this to continue until a solution is reached.

BMS United Bunkers Group Hires Group Sales & Marketing Manager

Mikael Haestrup has been with the Group for 8 years and "has the right background to work across the BMS United Bunkers Group."

Macquarie to Buy Jefferies Commodities Business Hit By OW Bunker Collapse

Sources have suggested Macquarie may buy the business in a bid to expand its presence as a commodities trader, with a deal concluded within months.

Hijackers of Missing Malaysian Tanker Detained

The Sun Birdie went missing last week with 700 tonnes of marine fuel oil aboard.

Royal Caribbean Bunker Consumption Almost Flat as Earnings Grow 40%

RCL performed strongly in 2014, but profited little from the recent bunker price drop due to a stronger dollar and hedged positions.

Maersk Line Considering 10 New Mega-Boxships for $1.5 Billion

The ships will purportedly carry up to 20,00 TEU

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