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Oil prices up After Better than Expected U.S. Economic News

WTI gained $0.37, to settle at $103.03/bbl and Brent pushed $0.89 higher, ending the session at $109.21/bbl.

Difficult to Make Money Through "Honest" Bunker Trade, Says Executive

Mandatory flow meter use could help tackle large-scale defrauding across the bunker industry.

DVNPS: Low-Sulfur Demand Raises Fuel Threats

The shipping industry faces a potential increase in engine-damaging cat fines as bunker providers scramble to blend low-sulfur fuel.

Crude Markets Make Morning Gains, But End the Day Down

WTI fell $0.47 to settle at $102.66/bbl, as did Brent $0.48 settling at $108.32/bbl.

Maersk Line: "Very Attractive Payback" for Fuel-Saving Technology

As Triple E ships come online, the company points to $30 million investment in fuel-saving technology.

Environmental Rules Threaten the Interests of Short Sea Shippers

CSL calls for IMO, member nations to consider the unique needs of the sector.

"Historical" North West Passage Voyage Saves $80,000 in Fuel Costs

Nordic Bulk Carriers says a voyage using the Arctic route reduces pollution and lets its ship carry more cargo.

Aegean Signs $1 Billion Secured Credit Facilities

Facilities will be used for the purchase, transportation, storage, and sale of fuel and gas oil.

Oil Markets Finish the Day Mixed

WTI fell $0.46 to settle at $103.13/bbl, while Brent rose $0.48 by day's end, settling at $108.64/bbl.

Slow Steaming Better than Eco-Newbuilds, Says Clarkson Research

Eco-features are "definitely a nice bonus," but not necessarily a reason to buy a new ship.

Crude Markets Start the Week Down

WTI dropped $1.08 to settle at $103.59/bbl and Brent fell $1.06, settling at $108.16/bbl.

Nordea : Shipping Recovery Will Begin Next Year

The shipping industry lender said it expects improvements in 2014 and 2015 with economic growth, fewer deliveries.

Bunker-saving "Bubble" System Close to Final Tests

The technology's developer says a retrofit version of the technology could reduce fuel use 10 percent.

Shipping Confidence Steady in August

Respondents to a quarterly survey said demand trends, completion, and fuel costs remain concerns.

WFS Sues for $8.4M in Missing Bunker Payments

The payments were for bunkers used to transport OSX's FPSO OSX-3 from Singapore to Brazil.

Oil Markets Reverse Wednesday's Gains

WTI dropped $1.68 today, settling at $106.39, while Brent fell $1.84 to settle at $108.76/bbl.

Tricks of the Bunker Trade: Tampering with Gauging Equipment

Tricks of the Bunker Trade: Tampering with Gauging Equipment

Always verify the condition of the sounding tape, which can be tampered with in many ways.

IBIA: Bunker Quality is Decreasing

"The organization can't accept" poor bunker quality from suppliers, says incoming IBIA chairman Jens Maul Jørgensen.

Insatech: Bunker Fraud is Widespread and Costs Carriers Millions

The company says carriers lose 4 to 5 percent per year from cheating suppliers.

Oil Prices Rise as Federal Reserve Keeps Stimulus Efforts in Place

WTI rose $2.65 to settle at $108.07/bbl, while Brent jumped $2.41 to settle at $110.60/bbl.

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