World News

Crube Benchmarks Fall After Manufacturing Indexes Receded
WTI falls $1.06/bbl, ending the day at $96.43/bbl while Brent slipped $0.36/bbl finishing the day at $106.04/bbl.
3 Feb 2014
Total Lubmarine Expands Mediterranean Product Availability
Key products from the marine lubricant provider now being supplied at Tripoli and Beirut.
3 Feb 2014
Bow Retrofit Drops Fuel use 8.5%
Clipper says the replacement of a multipurpose carrier's bulbous bow helped address speed, load changes.
3 Feb 2014
Six More Eco-Vessels Join UASC Order
The 14,000 TEU containerships bring the order to 16 vessels described as the "most environmentally friendly container vessels ever built."
3 Feb 2014
Pump Control System Promises Support for Compliance, Savings
DESMI says its system is gaining popularity as shop owners look to reduce emissions and fuel use.
31 Jan 2014
Consultancy Finds Growing Demand for Cruise Ship Scrubbers
The need for emissions-reduction technology in ECAs could be a boon to shipyards.
31 Jan 2014
Tricks of the Bunker Trade: Precautions against Cappuccino Bunkers
Tricks of the Bunker Trade: Precautions against Cappuccino Bunkers
Steps you should take to prevent receiving aerated bunkers that hide a short delivery.
30 Jan 2014
WTI Hits its Highest Level of 2014
WTI gained $0.87/bbl to $98.23 while Brent rose $0.10/bbl, settling at $107.95.
30 Jan 2014
Wallenius Lines Orders Fuel-Saving Car Carriers
"We continue on our quest to continuously reduce our environmental impact."
30 Jan 2014
Tanker, Gas Markets Boost Stolt-Nielsen Results
The company reports improvement for tankers, but predicts that recovery will be slow.
30 Jan 2014
WTI Slips as U.S. Crude Inventories Rise
WTI had slipped $0.05/bbl to $97.36 while Brent had gained $0.44/bbl to $107.85.
29 Jan 2014
Which Country is Home to the Most Valuable Fleet?
Which Country is Home to the Most Valuable Fleet?
This report complied by online vessel valuation service VesselsValue.com shows world fleet values by ship type and geographical location.
29 Jan 2014
DNV GL: LNG Adoption Will Be Quick, But Long-Term Fuel Mix Will Be Diverse
In the long-term more than 20 percent of shipping could use hybrid solutions featuring batteries or other kinds of energy storage.
29 Jan 2014
Wärtsilä to Cut 1,000 Jobs
The move comes despite profitable results in 2013, and come in response to slow growth and intense competition.
29 Jan 2014
Skuld: Bunker Fraud May Be on the Rise
The insurer warns ship owners to adopt technology and training.
29 Jan 2014
Royal Caribbean Lowers Its Bunker Consumption
The cruise company's fuel costs for 2013 were at 2008 levels, despite a 14 percent price hike.
29 Jan 2014
Bunker Prices Firm as Crude Benchmarks Make Gains
WTI gained $1.69/bbl, settling at $97.41/bbl while Brent rose $0.72/bbl, finishing the day at $107.41
28 Jan 2014
Agricultural Company Orders Three Fuel-Efficient LPG Carriers
Yara says it will shift some chartered capacity to owned vessels for environmental and economic reasons.
28 Jan 2014
Norway's StormGeo Buys U.S. Marine Weather Routing Firm AWT
StormGeo CEO Kent Zehetner says there is growing demand for weather analysis and voyage optimisation.
28 Jan 2014
Irish Naval Service to Test Kite Sail Technology
The system could reduce bunker costs while extending the scope of surveillance systems.
28 Jan 2014