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Deep Sea LNG-Fuelled Ships Target Trans-Atlantic Price Arbitrage

Eight LNG-fuelled ships being built for Evergas are due to set sail next year as Ineos aims to bring U.S. gas and ethane to Europe.

Aegean: "Power Vacuum" Left by OW Bunker an Opportunity for Growth

"For us, we're also looking at some of the markets and some of the people too," says Aegean President E. Nikolas Tavlarios.

OPEC Non-Action Will Lead to a U.S. Shale Crash "on Par with Dot-Com Boom", Says Lukoil Vice President

"The strong players will remain, the weak ones will vanish," says Lukoil Vice President Leonid Fedun.

DNV GL: 24,000 TEU Box Ships Possible, But Will Encounter Numerous Obstacles

Mega ships will face problems in having to adjust to port infrastructure, seaways and bridges.

Fourteen More Shippers Join ECA Enforcement Alliance

The Trident Alliance's 31 members now include Hapag-Lloyd and DFDS Seaways.

New Bunker Monitoring Tool Avoids Need for "Expensive" MFM-Based Systems

Engineering group CMR says its new bunker monitoring tool could avoid the need to use "expensive" mass flow meter-based systems.

Weekly Vessel Scrapping Report: 2014 Week 48

Weekly Vessel Scrapping Report: 2014 Week 48

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from November 20th - 26th, 2014.

EU Considering Legal Action Against Countries Who Haven't Enacted Sulfur Rules

Belgium, Spain, Cyprus and Hungary have been singled out by the EU.

Lloyd's Register Releases Standards for Vessel LNG Readiness

The standards will have six classifications.

Singapore's Horizon Adds New Bunker Saving Vessels

Horizon Ferries has begun operating three new bunker saving ferries on popular Singapore to Batam route.

PWC, ING Agree Way Forward on OW Bunker Assets

Receivers for bankrupt OW Bunker, PwC, have agreed a way forward with ING which one trustee says will "enhance recoveries" for unsecured creditors.

Industry Insight: ECA Regulations - How to Comply and Remain Competitive

Industry Insight: ECA Regulations - How to Comply and Remain Competitive

The regulations will introduce further uncertainty into a market that is suffering from overcapacity and depressed demand.

Aegean Says Its OW Bunker Exposure is $7.8m

Aegean has said its exposure to OW Bunker is much lower than recent reports have suggested and it intends to fully recover the amounts.

DNV GL Releases Guide on 2015 ECA Compliance

DNV GL warned that the fuel changeover process from HFO to MGO may be more involved than some shipowners realize.

Falling Bunker Prices Save Shippers $117M Per Day

BIMCO says shippers are saving $117 million per day compared to the position as at June 1, 2014, as a result of falling prices.

Zim Posts Further Loss, But Gross Profit Margins Up

The Israeli shipper is underway with a five year restructuring plan, which will help it "cope with its challenging financial position."

WTI Hits Four Year Low

Speculators are trying to signal to OPEC that if they do not reduce production they will continue to penalize them with lower prices.

2015 May be a Landmark Year for Aegean, the Bunker Supplier Says

Aegean's President E. Nikolas Tavlarios says it continues to position for success "despite challenges that others in our industry may be facing."

Aegean Sees Q3 Bunker Volumes Rise 18.5%

Aegean's President E. Nikolas Tavlarios says the result shows the firm's "strong, sustainable growth drivers."

Interferry: New IMO Rules on LNG Fuel Tanks Will Safeguard LNG Development

The new rules will see LNG ships either adopt LNG tanker rules or make adjustments to LNG fuel tank design.

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