World News

Ferry Services "Under Real Threat" from 2015 Sulfur Rules
Shipping industry groups issue a call for the EU to help the industry meet new sulfur limits.
28 Nov 2013
Dorian LPG Completes Acquisition of Scorpio VLGC Fleet
The deal gives the gas carrier company Scorpio's VLGC contracts in exchange for a share in the company.
27 Nov 2013
Why Hedge Bunkers: Attracting Quality Investors & Taxpayer Protection
Why Hedge Bunkers: Attracting Quality Investors & Taxpayer Protection
The third installment of our series on bunker hedging will focus on the final two major reasons why you should hedge bunkers in today's market.
27 Nov 2013
Titan Announces "Last Chance" Restructuring Plan
CEO Tang Chao Zhang says Wednesday's meeting may be the final opportunity for creditors to accept a deal before the company is liquidated.
27 Nov 2013
P3 Partners, Other Major Carriers, Add Market Share in Q3
The carriers' apparent focus on "market share, rather than self-preservation" is "curious," Drewry writes.
27 Nov 2013
Tuesday Oil Markets Settle in the Red
WTI fell $0.41 to settle at $93.68/bbl while Brent settled at $110.68/bbl, down just $0.12.
26 Nov 2013
Busan Bunker Sales Expected to Drop Amid Run Cuts, Tight Supply
S-Oil was said to be the only firm able to supply spot customers today.
26 Nov 2013
Press Release: World's Leading Gas Industry Event hits Korea in 2014
Over 300 local and international exhibitors will showcase their products and services at Gastech Exhibition in Korea next year.
26 Nov 2013
New Platform Launched for Buying and Selling Bunkers
The new website connects bunker sellers to bunker buyers around the world.
26 Nov 2013
Iranian Crude News Pushes Down Oil Markets
WTI fell $0.75 to end the session at $94.09/bbl, while Brent recovered from early losses to settle down just $0.05 at $111.00/bbl.
25 Nov 2013
New Russian Far East Supplier Wants a "Civilised" Bunker Market
FESCO-Bunker began operations in April and has now joined Industry Group Rosmorrechbunker.
25 Nov 2013
Shipping Lines Come Under Antitrust Investigation
European regulators say public rate change announcements may violate rules on collusion.
25 Nov 2013
Maersk May Adopt LNG Bunkers
The company is exploring use of the fuel with potential partners including Gazprom.
22 Nov 2013
Inside Opinion: Who are the Mad Men of Eco-Shipping?
Inside Opinion: Who are the Mad Men of Eco-Shipping?
Is it just a sales pitch, or are the real mad men those not buying into the eco-ship boom?
22 Nov 2013
Monjasa to use GL ShipManager System to Improve Efficiency
The GL ShipManager software supports technical, procurement, quality and safety management, and crewing.
22 Nov 2013
Bunker Prices Firm as Crude Prices Head North
WTI rose $1.59 to settle at $95.44/bbl, Brent prices jumped $2.02 to end the session at $110.08/bbl.
21 Nov 2013
Tricks of the Bunker Trade: Concealed Fuel in Bunker Tanks
Tricks of the Bunker Trade: Concealed Fuel in Bunker Tanks
Verify the number and location of all bunker tanks, ensuring they correspond with the tank capacity diagram.
21 Nov 2013
Singapore Supplier Sues GDMA Over Unpaid Bunker Bills
The contractor, at the center of a scandal with the U.S. Navy, allegedly missed payments to Transocean Oil.
21 Nov 2013
Crude Markets Settle Mixed on Wednesday
WTI's December contract expired today at $93.33/bbl, down just $0.01. Brent gained $1.14 during the session to settle at $108.06/bbl.
20 Nov 2013
Impact of Bunker Prices on Carriers' Profits "Cannot be Underestimated"
Steady bunker prices in 2013 helped companies cope with falling freight rates.
20 Nov 2013