World News

LNG Bunkers "Will Happen"

Gastech speakers address technical, stakeholder challenges in adopting the fuel.

31 Mar 2014

INTERTANKO: Virtual Arrival Systems Lower Bunker Bills

"It does really work when people know each other and they have a trusting relationship," says INTERTANKO Managing Director Katharina Stanzel.

28 Mar 2014

Isle of Man Registry Incentives for Energy-Saving Ships

The ship registry will offer discounts to vessels based on their EEDI performance.

28 Mar 2014

Intertek: ISO8217 Reporting Not Accurate Enough for 2015 ECA Rules

Bunker testing agency says reporting sulfur levels should be expressed to three decimal places to avoid issues.

28 Mar 2014

Oil Markets Move Higher on Thursday

Another supportive factor for both Brent and WTI was the "Crimea" geopolitical risk and the so much discussed sanctions against Russia.

27 Mar 2014

Weekly Vessel Scrapping Report: 2014 Week 13

Stemmed a scrapped vessel recently? VesselsValue.com lists the demolition sales from March 20th to 26th 2014.

27 Mar 2014

Industry Insight: Did Shipyards Withhold Bunker Saving Technology Before the Slump?

Were the ship buyers of the boom years cheated, or is this simply a case of market forces?

27 Mar 2014

Too Much Private Equity Funding in Shipping: Stolt-Nielsen

The chemical tanker CEO warns that funds are driving excessive ship orders.

27 Mar 2014

Crude Inventories Decline For the Eighth Consecutive Week

Bunker deliveries will be complicated in Houston over the next couple of weeks so bunker buyers should keep this in mind.

26 Mar 2014

How Can Mixing Two On Spec Bunker Cargos Lead to Unusable Fuel?

Blending, excessive handling and treatment, and mixing fuels can all destabilise bunkers, says Intertek's Steve Bee.

26 Mar 2014

Indian Port Sees Big Jump in Bunker Sales

April volumes should see a further boost, a local player tells Ship & Bunker.

26 Mar 2014

LNG Bunkers are Rapidly Gaining Acceptance

RasGas CEO says ships using the fuel contribute to growing gas demand in Asia.

26 Mar 2014

Inside Opinion: Credit for Bunkers is Getting More Expensive to Give Out

If you want credit for your bunkers you have to have some sort of transparency.

26 Mar 2014

Brent - WTI Spread Widens as Houston Ship Channel Reopens

Brent rose slightly, $0.18/bbl to $106.99/bbl while WTI was pressured by a stronger dollar, retreating $0.41/bbl to $99.19/bbl.

25 Mar 2014

Vitol Revenue Up Despite "Very Challenging Year"

The oil trader sees opportunities in mid and downstream business as majors focus on upstream.

25 Mar 2014

Pacific Basin Sees Bulk Segment Recovery in 2014, 2015

The carrier says its recent orders will be justified as demand picks up.

25 Mar 2014

OW Bunker IPO to Close Early and is "Fully Subscribed"

Orders for retail investors up to and including DKK 3 million ($556 million) will now close tomorrow.

25 Mar 2014

Press Release: Container Shipping Industry Leaders at Intermodal Asia Opening Ceremony

The opening ceremony commences at 10am on Tuesday 1 April outside the exhibition hall.

25 Mar 2014

Synthetic Fuel Firm: Expect a Change in Pace Toward Commercial Operations

Quadrise says its expansion has put new pressure on management and finance.

25 Mar 2014

Oil Prices Start The Week Mostly Flat

It would not be unreasonable if prices were declining by the end of the week.

24 Mar 2014