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Impact of Bunker Prices on Carriers' Profits "Cannot be Underestimated"

Steady bunker prices in 2013 helped companies cope with falling freight rates.

CO2 Reduction for Maritime Industry a "No Brainer," Says ICS

The shipping industry group said current efforts to save money and meet existing regulation will reduce emissions.

Why Hedge Bunkers in Today's Market: Competitive Advantage & Improved Financial Terms

Why Hedge Bunkers in Today's Market: Competitive Advantage & Improved Financial Terms

One of the most important reasons to manage price volatility in fuel markets is to secure a company's competitive edge.

Bunker Prices Stable as Brent-WTI Spread Narrows

Brent fell $1.55 to settle at $106.92/bbl, while WTI gained $0.31 to end the session at $93.34/bbl.

New Device for More Efficient LNG Power

Engineering firm Houlder says the product manages boil-off gas, saving money.

UASC Wins $512 Loan for Giant Dual Fuel Box Ships

The company also plans additional equity and debt financing for the LNG-ready vessels.

WTI Falls to Lowest Settlement Since May

WTI fell $0.81 to settle at $93.03/bbl, while Brent only dropped $0.03 to end the session at $108.47/bbl.

Platts Methods Get Independent Approval

The review by Ernst & Young supports the firm's methods for oil price reporting.

Busan, and Emerging Opportunities in the Arctic

Busan, and Emerging Opportunities in the Arctic

Ships voyaging into the Arctic must be bunkered and supplied at one end or other, and port already on the major shipping lanes should have an edge.

New Fleet Optimisation Tools Released

A new version of Applied Weather Technology's FleetDSS system is relevant to more kinds of ship operators.

Singapore Sized Iceberg "Could Threaten Shipping"

If the iceberg moves through the Drake Passage it would enter into international shipping lanes.

Maersk: Newer Tipple-E's Will Use Less Fuel

DSME engineers said the vessels are a "work in progress" and the first Triple-E won't look the the same as the last.

Bunker Prices Stable as Crude Markets Make Mixed Movements

WTI settled down $0.12 at $93.76/bbl, while Brent pushed $1.42 higher, ending the session at $108.54/bbl.

Clean Marine Proving Scrubbers for VLGC

Contract "signals a growing demand" for the EGCS solution.

AP Møller-Maersk Profits Up 23% in Q3

Maersk Line's increased efficiency and lower bunker prices contributed to the improvement.

Aegean Results Down as Company "Streamlines" Expenses

The company reduced some assets over the past year while gearing up other parts of the business.

Singapore, Antwerp, Zeebrugge Join Force for LNG Bunkering

The ports have agreed to work together to "facilitate the development of global standards."

Maersk: No Commercial Cooperation in P3 Network

Yang Ming CEO says no alliance should represent more than 30% of the global market.

WTI, Brent Both Make Gains on Wednesday

WTI climbed $0.84 by settlement to end the session at $93.88/bbl, while Brent gained $1.31 to settle at $107.12/bbl.

New York Listed Ardmore Says Eco-Ships Helped Q3 Revenue Jump

The company lost money again despite doubling its revenues.

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