World News

Energy Complex Trades Mostly Flat on Tuesday
"If you have time to bunker, we recommend taking a percentage out now to act as a hedge against any firm uptick in bunker prices."
22 Jul 2014
Fire-Damaged Box Ship Returns as Eco-Vessel
Modifications to MSC Flaminia's bow and propeller promise 12% reduction of bunker consumption.
22 Jul 2014
Nicaragua's Panama Canal Alternative Could Bring Big Bunker Savings
Carriers could reduce their fuel use by up to 30 percent by switching from Panama, says SeaIntel analysis.
22 Jul 2014
Typhoon Matmo Halts Bunkering Operations
Matmo is expected to make landfall in eastern China, south of Shanghai, on Thursday.
22 Jul 2014
ExxonMobil Discusses HDME 50, its New 0.10% Sulfur HFO-Like Bunker Fuel
"There are virtually no cat fines, it has a high viscosity, but is low in sulfur," ExxonMobil Marine Fuels & Lubricants' Iain White tells Ship & Bunker.
22 Jul 2014
WTI Prices Increase for the Third time in Four Days
Bunker purchasers encouraged to not hold on to any requirements and clear their desk as requests come up.
21 Jul 2014
IBIA Appoints New Events and Membership Manager
Stephen Hoare has a strong professional background in developing events and membership, says IBIA Chief Executive Peter Hall.
21 Jul 2014
Maersk Vessel Adds Bunker Fuel Monitoring System
The Royston Enginei system can track fuel use by each engine in various operating modes.
21 Jul 2014
Industry Insight: The Importance of Bunker Fuel Quality Testing and its Impact on the Shipping World
Industry Insight: The Importance of Bunker Fuel Quality Testing and its Impact on the Shipping World
Intertek's Michael Green discusses one of the biggest challenges faced by any company offering routine analysis of marine fuel.
21 Jul 2014
CMA CGM Seeking New Partners
The French carrier may deepen ties with CSCL and UASC to compete with Maersk Line and MSC.
21 Jul 2014
VPS Wants to Expand in Bunkering, Shipping Sectors
The company's separation from DNV offers new opportunities for growth.
18 Jul 2014
Hapag-Lloyd Warns of 50-100% Premiums to Cover 2015 Low-Sulfur Costs
"The new low sulphur fuel regulations will result in extensive increases in bunker costs," the company says.
18 Jul 2014
Five Banks Left in TORM Negotiations
The companies are reportedly meeting frequently with equity funds and other potential investors.
18 Jul 2014
Bunker Prices Jump as Oil Prices Increase
With potential geo-political problems once again coming to a head we could see a serious increase in prices.
17 Jul 2014
Weekly Vessel Scrapping Report: 2014 Week 29
Weekly Vessel Scrapping Report: 2014 Week 29
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from July 10th - 16th, 2014.
17 Jul 2014
Singapore 2014 H1 Bunker Sales On Par with Last Year
Bunker sales in June 2014 were down 3.00 percent year-on-year to 3,373,800 metric tonnes.
17 Jul 2014
WTI Heads Skyward as US Crude Supplies Plummet
The market was not as bullish on Brent as investors remain weary of the increase in supplies coming out of Libya.
16 Jul 2014
Brightoil Founder Sit Kwong Lam Steps Down as CEO
Yung Pack Keung Bruce replaces Sit Kwong Lam in the leadership role, effective today.
16 Jul 2014
ExxonMobil Antwerp Refinery Upgrade Will Make More Low-Sulfur Fuel
Analyst says the move will also strengthen the competitive position of Exxon's other refineries in Europe.
16 Jul 2014
Brent Down 7% Since the Start of July
Bunker buyers have started to see the number "5" in front of many quotations around the world and can expect it to stay that way, near term.
15 Jul 2014