World News

Wärtsilä: Scrubber Retrofits Possible for All Ship Types

The company says finding space is the most common challenge, and owners must work to determine the best fit for their ships.

5 Nov 2013

Titan to Present "Final" Restructuring Plans

If the plan fails, creditors may be left with just 5 to 10 percent of what they are owed, Titan's executive director says.

5 Nov 2013

Small Gains for Crude as Libyan Production Continues to Struggle

WTI gained just $0.01 to settle at $94.62/bbl, while Brent rose $0.32, settling at $106.23/bbl.

4 Nov 2013

Social Media: Don't Miss The Boat

Maersk Line and Carnival Cruise Lines are two maritime companies that have embraced social media.

4 Nov 2013

Bunkers Account for 85% of VLCC Voyage Costs

Maersk Tankers is using "super slow steaming" and retrofits to improve engine efficiency.

4 Nov 2013

Eco-Ship Deals Help Seaspan to Increased Profits

The company said its SAVER design is helping it partner with major liner companies.

4 Nov 2013

NYK Line Returns to Profit, Says Bunker Prices Fell 9%

The company also reported a variety of efforts to reduce fuel consumption, including slow steaming and navigation technology.

4 Nov 2013

Ballast Water System Market will Grow "Explosively"

Danish company plans sales of "completely unique" ballast water system in 2014.

4 Nov 2013

Dan Bunkering Hires New Trader

Thomsen comes to the company after 12 years with a shipping company.

4 Nov 2013

Arctic Ice Coverage: What's Really Happening, and What Does it Mean for Shipping

Having recently returned from a 6 week voyage as Ice Navigator, Captain David (Duke) Snider looks at the reality of Arctic shipping.

1 Nov 2013

Tricks of the Bunker Trade: Falsifying Documentation

Checks should include calibration tables, BDN Records, fuel consumption records, and the oil record book.

1 Nov 2013

Singapore's Dynamic Oil Trading Plans Further Expansion in 2014

CEO Lars Møller says Dynamic had a very positive first year.

1 Nov 2013

The Business Case for LNG Bunkers

Oil & Gas IQ's Tim Haidar talks to Ed de Jong, Business Development at G.C.M. Deen Shipping.

1 Nov 2013

Increase in Ship Operating Costs Predicted

Respondents to Moore Stephens International survey say fuel costs are a concern.

1 Nov 2013

Crude Benchmarks Decline on Increasing Supplies, Weak Demand

WTI ended the session down $0.39 at $96.38/bbl, while Brent slid $1.02 to settle at $108.84/bbl.

31 Oct 2013

IBIA Asks if the Bunker Buyer is "Getting What he Pays for"

The industry association also says the bunker industry is experiencing rapid growth.

31 Oct 2013

World Fuel Services Q3 Bunker Profits Fall 25%

"Considering current market conditions," the company's performance was strong, CEO says.

31 Oct 2013

International Bunkering Acquires Glander International

"Glander International Bunkering is now one of the largest bunker & lubricant trading and brokering firms in the world."

31 Oct 2013

Inside Opinion: Singapore Bunkering Going Against the Flow

MPA should be applauded for tackling quantity issues, but mandatory flow meters could force Singapore's bunker quality to drop.

31 Oct 2013

Crude Markets Mixed as EIA Reports Larger-than-Expected Gains in Crude Supplies

WTI fell $1.43 to settle at $96.77/bbl, while Brent gained $0.85 to end the session at $109.86/bbl.

30 Oct 2013