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Technology Firm Promises Bunker Savings of €50,000 per Month
The Switch said it is introducing drive train technology for ships using permanent magnets.
30 Oct 2013
Alfa Laval Marine Orders Fall
The company said it expected the decline as large scrubber orders in Q2 were not repeated.
30 Oct 2013
Cruise Line Reports Rising Bunker Costs
Norwegian Cruise Line said higher fuel prices were partly offset by improved efficiency.
30 Oct 2013
Oil Markets Ease Back
WTI dropped $0.48 to end the session at $98.20/bbl and Brent gave back $0.60 to settle at $109.01/bbl.
29 Oct 2013
Tanker Firm Buys Secondhand Tanker for Eco-Conversion
The vessel will bring the company's fleet to nine vessels in service and 12 on order.
29 Oct 2013
LR Offering LNG Bunker Training for Ship Owners
Years of experience with LNG carriers shows "training is vital if you want safe operations," LR says.
29 Oct 2013
Singaporean Owner Sells Bunker Tanker for $485,000
The company will use some of the proceeds to repay a loan and for working capital.
29 Oct 2013
Eco-Tankers Earn the Highest Profits, But Only Just
But a survey of MR tankers' daily earnings found some standard tankers outperformed some eco-design vessels.
29 Oct 2013
Crude Benchmarks Rise as Libya's Production Level Drops
WTI gained $0.83, settling at $98.68/bbl and Brent rose $2.68 to end the session at $109.61/bbl.
28 Oct 2013
Scorpio Turns Profit, Invests in LPG Company
The company will trade its entire VLGC fleet, plus cash, for a share in Dorian LPG.
28 Oct 2013
Analysis: USG No. 6 3% vs WTI, October 2013
Comparison prepared by bunker broker and trader Merlin Petroleum Co., Inc.
28 Oct 2013
Royal Caribbean Cuts 2013 Bunker Cost Forecast
The company said energy conservation and an unscheduled drydock reduced its bunker consumption.
25 Oct 2013
Wärtsilä Bullish on Demand for Fuel Efficiency
The company increased its sales and profits in Q3 and anticipates continued "lively" ship orders.
25 Oct 2013
Seawater: The Free Environmentally Acceptable Lubricant
Seawater: The Free Environmentally Acceptable Lubricant
EPA recommends that all new build vessel operators endeavour to use seawater-based systems for their stern tube lubrication.
24 Oct 2013
Brent-WTI Spread Narrows
WTI gained $0.25 to settle at $97.11/bbl while Brent shed $0.81, ending the session at $106.99/bbl
24 Oct 2013
Jotun Hull Coating Promises Maximum Efficiency for Newbuilds
The coatings company said the package will help shipyards compete for eco-ship projects.
24 Oct 2013
VesselsValue.com Launches New AIS Mapping Service
Company says it is the first fully integrated data, value, and mapping provider on the market.
24 Oct 2013
Tricks of the Bunker Trade: Bunker Fuel Concealment Through Trim and List
Tricks of the Bunker Trade: Bunker Fuel Concealment Through Trim and List
Take an average trim/list and always use the corrected trim for calculations.
24 Oct 2013
Cochin Introduces New Bunker Barge
MT Rajashree has the largest capacity and fastest pumping rate of the five barges in service at the port.
24 Oct 2013
Crude Falls as U.S. Production Hits its Highest Since March 1989
WTI fell $1.44, ending the session at $96.86/bbl, while Brent dropped $2.17 by day's end, settling at $107.80.
23 Oct 2013
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