World News

NAT Planning Fleet Expansion, More Presence in Asia

"We have a view that this market will recover," says CEO.

15 Jul 2013

Maersk Give Details of Emma Maersk Incident

Vessel set to return to service after a hole was torn in its side near the Suez Canal in February.

15 Jul 2013

Product Tanker Orders Could "Kill" Recovery

Shipbroker Bancosta says a rush to order new ships is "clearly unhelpful."

15 Jul 2013

Anti-sloshing Blanket Could Make LNG Tanker Ops More Efficient

LNG carriers are able to plan more fuel efficient operations with the Basotect blanket, says BASF.

12 Jul 2013

Rolls-Royce: "Dawn of a Transition" for Shipping

The company, who is working with B9 Shipping, sees a switch to alternative fuels and wind power.

12 Jul 2013

Update: Fore Section of MOL Comfort Sinks with 1,600 mt of Fuel Oil Onboard

MOL said it will keep the salvage team at the scene to monitor for oil leakage and floating containers.

11 Jul 2013

Tricks of the Bunker Trade: Understanding the Fuel Density & Weight Relationship

Many bunker surveyors do not realise that the density given in the supplier's bunker delivery note (BDN) may not be true.

11 Jul 2013

MOL Comfort Update: Fire Still Not Under Control

Most of the containers on deck have been burnt out.

10 Jul 2013

Stena Oil Accuses West African Nation of "De Facto Piracy"

Two ships were seized in March and charged with smuggling, captains have been imprisoned.

10 Jul 2013

Study: Market-based Emissions Rules Need Not Hurt Poor Countries

The report finds measures to reduce shipping and aviation emissions could be effective without big economic costs.

9 Jul 2013

GE: Shipping Industry Faces "Perfect Storm"

The company says its holistic approach helps improve performance and save fuel.

9 Jul 2013

ClassNK: MOL Comfort was in Full Compliance

The review was part of an ongoing investigation into the July 17 incident that saw MOL Comfort break in two during adverse weather.

9 Jul 2013

Bunker Holdings CEO: The Bunker Industry Needs Consolidation

The company says it plans to grow 50% in five years and will move to acquire other firms and open new offices.

9 Jul 2013

Oil Price Correction Due, Say Analysts, as Brent Nears $110

Despite a rally for crude prices last week, bunker prices have failed to make the same magnitude of gains.

8 Jul 2013

Fire Breaks Out on Fore Section of MOL Comfort

As of Sunday the fire was not under control due to continued adverse weather.

8 Jul 2013

Inside Opinion: Cautious Optimism or Just Caution?

Are things really picking up, or are we due another dip in the rollercoaster?

8 Jul 2013

Questions Raised Over When LNG Will be Used to Power U.S. Tugs

LNG has less energy than diesel, and performance concerns when operating at lower engine speeds.

5 Jul 2013

Rotterdam - Singapore IFO380 Spread Narrows from $20 to $2

Until last week, for 2013 IFO380 bunkers in Singapore have been priced, on average, $20 higher than Rotterdam.

4 Jul 2013

Tri-Fuel LNG Carrier to Enter Service this Month

The Woodside Rogers' electric drive system can run on natural gas, marine diesel gas, or heavy fuel oil.

4 Jul 2013

LR Brought in to Help with Mol Comfort Investigation

LR to help with both the investigation and with the reinforcement of MOL Comfort's six sister vessels.

4 Jul 2013