World News

ABB, Wärtsilä Cooperate to Reduce Bunker Consumption With Turbocharging Upgrades
Cruise ship engines are a "first step" to development of bunker saving turbocharger ugrade offerings from ABB.
3 Oct 2014
Maersk Line: Separate ECA Surcharge Will Provide Better Transparency to our Customers
The extra amount ranges from $30 to $160 per forty-foot equivalent unit (FFE).
3 Oct 2014
Brent down and WTI Up After Both Grades Were Heavily Down During the Day
Bunker buyers should take advantage of the lower numbers while they can.
2 Oct 2014
Weekly Vessel Scrapping Report: 2014 Week 40
Weekly Vessel Scrapping Report: 2014 Week 40
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from September 25th - October 1st, 2014.
2 Oct 2014
ClassNK Releases its Findings on the MOL Comfort Sinking
A lateral load issue could have been responsible for the box ship breaking in two.
2 Oct 2014
IBIA 2014 Convention to Focus on 2015 ECA Compliance
The 2014 convention takes place in Hamburg on November 3-7.
2 Oct 2014
Gibson: Stable Bunker Prices Means Little Fluctuation in Wordscale Flat Rates
Gibson has predicted little movement in Worldscale flat rates in 2015 as a result of stable bunker prices in the last 12 months.
2 Oct 2014
NAVTOR Signs Deal with AWT for Navigation Software
NAVTOR's Navstation software will use Applied Weather Technology's maritime weather routing systems.
2 Oct 2014
Banks Propose Torm Restructuring Plan
FIve banks, representing 60 percent of Torm's debt, have agreed a plan to restructure the company and presented it to the Board.
2 Oct 2014
ExxonMobil: HDME 50 is Attracting Global Interest
"Everyone is starting to talk about it. Compared to other product launches there has been enormous interest," says field marketing manager Iain White.
2 Oct 2014
Stockpiles Plummet, But Crude Still Ends the Day Lower
Fortunately for bunker buyers, this is a trend we expect to continue.
1 Oct 2014
OW Bunker Expands Physical Supply Team in North America
Georgia Kounalakis is appointed to boost business development and sales capabilities across North America.
1 Oct 2014
ECA Enforcement Alliance Adds More Members
The Trident Alliance aims to ensure that enforcement of ECA rules is even-handed.
1 Oct 2014
Navig8 Buys 2 ECO-Tankers
The company has bought two resale ECO 49,000 dwt chemical tankers.
1 Oct 2014
UASC: ECA Will Raise Bunker Costs 50%, But Ocean Three Will Save Us at Least $100M a Year
UASC's CEO, Jorn Hinge, says "modern, big ships" that "carry more cargo using less fuel" are the key to cost control.
1 Oct 2014
UASC: Alliances Will Help Box Markets on a "Slow Journey to Recovery"
UASC President and CEO, Jorn Hinge, says alliances will squeeze out small players, bringing rate stability to the box markets.
1 Oct 2014
Court Orders Greek-Managed Bulker to be Sold At Auction
The Porto Maina will be sold at auction in Aruba after foreclosing on its mortgage.
30 Sep 2014
ICS Highlights the Importance of Global Rules for a Global Industry
The alternative would be chaos and market distortion, as well as inferior levels of safety and environmental protection, says ICS.
30 Sep 2014
Fleet Comparison in Numbers: 2M vs Ocean Three vs The Rest of the Global Fleet
Online fleet intelligence and information service VesselsValue.com gives Ship & Bunker the key numbers on 2M and Ocean Three.
30 Sep 2014
Chinese Player Wins Order for Two More Dual-Fuel Box Ships
The ships, along with two previously ordered vessels, will be chartered by short-sea operator Containerships.
30 Sep 2014