World News

Before First Ships' Arrival, Scorpio Bulkers Loses $6.3M in 2013
The company has time-chartered in ships to bridge the gap before its first newbuilds arrive.
6 Mar 2014
Update: Synthetic Fuel Firm Raises £10.7M
Quadrise says it will use the funding to speed development of MSAR manufacturing units.
6 Mar 2014
Weekly Vessel Scrapping Report: 2014 Week 10
Weekly Vessel Scrapping Report: 2014 Week 10
Stemmed a scrapped vessel recently? VesselsValue.com lists the demolition sales from February 27th to March 5th 2014.
6 Mar 2014
Crude Benchmarks Fall Further As US Crude Supplies Continue to Rise
WTI slipped $1.88/bbl to $101.45 as Brent shed $1.54/bbl, finishing at $107.76.
5 Mar 2014
OW Bunker Volumes Up 32% in 2013
As it approaches an IPO, the marine fuels company says its profits grew 48% over the year to $63.4 million.
5 Mar 2014
OW Bunker Confirms IPO Plans
Growth and earnings record make the company "an ideal IPO candidate," company official says.
5 Mar 2014
Seaspan Sees Strong Eco-ship Demand
The company now has 17 "Saver" design ships on order, after adding six more for MOL.
5 Mar 2014
Crude Benchmarks Ease Back as Russia-Ukraine Fears Ease
WTI fell $1.59/bbl to $103.33/bbl as Brent dropped $1.90/bbl, settling at $109.30/bbl.
4 Mar 2014
Chemoil Issues Disclosure in Delisting Bid
The company notes a transfer of company shares that took place as part of the move to go private.
4 Mar 2014
Crude Benchmarks Surge
WTI jumped $2.33/bbl to $104.92/bbl while Brent gained $2.13/bbl, settling at $111.20.
3 Mar 2014
OW Bunker Listing "Before Easter"
Sources say the company will publish plans for a stock market listing this week.
3 Mar 2014
Titan Again Delays Release of Financial Results
The troubled company now says its annual numbers for 2013 may not be available until June 30.
3 Mar 2014
CKYHE Alliance Looking to Reduce Bunker Consumption
Goals of the alliance include 'eco-slow steaming' and reducing CO2 emissions.
28 Feb 2014
Weekly Vessel Scrapping Report: 2014 Week 9
Weekly Vessel Scrapping Report: 2014 Week 9
Was a vessel you recently bunkered sold for scrap? VesselsValue.com details the latest vessels to leave the world fleet.
28 Feb 2014
Brent and WTI Oil Contract Gap at Closet Level in Four Months
WTI closed down $0.19/bbl at $101.83 while Brent fell $0.55/bbl to $108.96/bbl.
27 Feb 2014
Inside Opinion: Do We Need a Cap on Box-Ship Size?
Inside Opinion: Do We Need a Cap on Box-Ship Size?
Box ship size is growing faster than the markets, and at some stage the tonnage timebomb will go off.
27 Feb 2014
Press Release: Shorthaul Intermodal Operations Addressed at Intermodal Asia 2014
Michael Pal, of Fremantle Ports, will present a case study titled 'Shorthaul Landside Sea Freight Intermodal Operations' at Intermodal Asia 2014.
27 Feb 2014
Two-Thirds of Shipping Industry Optimistic: Survey
Concerns about overcapacity persist, even as respondents support buying new ships.
27 Feb 2014
Star Bulk to Charter Fuel-Saving Ships
The shipping company will have the option to purchase the two Newcastlemax vessels during the 10-year charter term.
27 Feb 2014
Maersk Line Profits More Than Triple in 2013
Vessel network efficiencies and lower bunker prices boosted the shipping giant's results, despite lower revenues.
27 Feb 2014