World News

Crude Continues on a Downward Spiral
Bunker prices were continuing to soften in the primary ports where bunker buyers can capitalize when the opportunity is present!
22 Sep 2014
Maersk Line Reaches Out to China Over 2M Alliance
Maersk Line says visits to Chinese authorities are a natural step in the process of launching its new venture with Mediterranean Shipping Company.
22 Sep 2014
Dry Bulk Shipper Hellenic Carriers Stays in the Red
Increased bunker costs hit margins at Hellenic Carriers Ltd.
22 Sep 2014
Paris MoU: No Physical Sulfur Checks Required
At a meeting in Sochi, Russia, it is agreed that only bunker document checks will be required.
19 Sep 2014
US Approval of 2M Alliance is a Formality, Says Maersk
Maersk Line-MSC tie up needs green light from U.S. Federal Maritime Commission, who already approved P3.
19 Sep 2014
Crude Down as Dollar Strengthens
Bunker buyers should "fill 'er up" while prices are at levels we have not seen in some time.
18 Sep 2014
Weekly Vessel Scrapping Report: 2014 Week 38
Weekly Vessel Scrapping Report: 2014 Week 38
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from Sep 11th - 17th, 2014.
18 Sep 2014
Port City Backs ECA Regulation Delay
"We are asking for our own government to give a break to Brittany Ferries."
18 Sep 2014
BIMCO: Standard Bunker Contract Should be Ready for 2015
BIMCO says the contract is in "advanced stage of development" after working with the Singapore Shipping Association over the summer.
18 Sep 2014
WTI Down After a Volatile Day of Trading
The volatility in the market today may continue as traders look for opportunities.
17 Sep 2014
Antigua Port Redevelopment Plans Include Bunkering Services
Deep water port redevelopment will see a resumption of bunkering activities.
17 Sep 2014
Chinese Order for MAN Diesel & Turbo Dual-Fuel Propulsion System
Four LNG carriers are to be constructed at Hudong-Zhonghua Shipyard in Shanghai for an international consortium that includes Teekay LNG Partners.
17 Sep 2014
Stena Bulk: Slow Steaming and Technology is the Key to Maximising Profits
The tanker shipping company says "freight rate must be doubled before even a small speed increase can be justified."
17 Sep 2014
Bulkers Collide at Singapore Bunkering Anchorage
No bunker spill has been reported following the incident at Singapore's eastern bunkering anchorage.
17 Sep 2014
Shell Wants LNG Bunkers to be Priced Better than Fuel Oil
The energy major also wants to see a global LNG network that the major container carriers can use.
17 Sep 2014
Environmental Rules Could Cost $500B Over a Decade
ICS conference brings calls for simple rules and effective technology to address BWM, other issues.
16 Sep 2014
Ocean Three Alliance: Slow Steaming Will Save $1 Billion
The alliance will make it more difficult for standalone container companies to compete, CMA CGM executive says.
16 Sep 2014
Brent Premium Spread Smallest Since April
Bunker prices are still looking favorable for the foreseeable future.
15 Sep 2014
Singapore's Pioneer Marine Awards "Biggest Ever BWMS Order" to Wärtsilä
The company says 22 vessels will receive 2 BWMS each, and will will operate in and around US waters.
15 Sep 2014
Industry Insight: Dynamic Oil Trading CEO Lars Møller on The Daily Challenges of a Bunker Trader
Industry Insight: Dynamic Oil Trading CEO Lars Møller on The Daily Challenges of a Bunker Trader
Despite the global economic recovery, it's still tough out there, and the bunker industry sits at the heart of this challenging environment.
15 Sep 2014