World News

OW Bunker CEO: I Don't Believe We'll be Sold This Year
CEO Jim Pedersen says an IPO could be possible, but a sale in 2015 is just as likely as 2014.
4 Jul 2013
Maersk Triple-E to Operate Below Capacity
Many port gantries are said to be not tall enough to handle the additional boxes able to be carried by the new ships.
3 Jul 2013
Platts: No Evidence To Suggest Bunker Prices are Manipulated
After a comprehensive review of Rixo International's indications, Platts say the integrity of the MOC was not compromised.
3 Jul 2013
Scorpio Eyes Entry Into LPG Market, Orders up to 10 VLGCs
The order replaces four LR2 product tankers that were to be built at Samsung Heavy Industries.
3 Jul 2013
Caterpillar to Buy Marine Propulsion Firm Berg
The acquisition will allow Caterpillar to transition from selling only engines and generators to providing complete marine propulsion package systems.
2 Jul 2013
Singapore Bunker Prices Slide to New Low
The IFO380 price has fallen $24.50 pmt since the start of year, but has been as high as $663.50 pmt in that time.
1 Jul 2013
'New Generation' Cruise Ships to Make 7% Bunker Savings Using Air Carpet System
Savings to come from MHI's proprietary "air-carpet" technology, MALS.
1 Jul 2013
Inside Opinion: The Breaking Point for Box Ships
Inside Opinion: The Breaking Point for Box Ships
Are we seeing the point where current construction methods are insufficient as box ships get bigger and bigger?
1 Jul 2013
More Scrubber Orders for Alfa Laval
Alfa Laval CEO says it "proves that Alfa Laval's scrubber technology is an attractive solution to ship owners."
1 Jul 2013
Stena Bulk Saves SEK 65M a Year with Efficiency Program
Half the savings come from technology and half from commercial and operational measures.
28 Jun 2013
ClassNK Developing Speed Trial Software for EEDI Calculations
The software will be provided to shipyards for free, helping them assure accuracy of the testing.
28 Jun 2013
International Energy Leaders to Debate Strategies for Securing Asian Gas Demand
The Gastech conference & exhibition takes place at KINTEX 1, Seoul, Korea, between the 24th and 27th March 2014.
28 Jun 2013
MOL Comfort Sister Ships to Receive Hull Strengthening
Company says it is taking the steps as an "extra preventive measure."
27 Jun 2013
Damen Introduce Double-Bow LNG Arctic Ship Concept
The vessel would use external LNG tanks to mitigate the fuel's extra space requirements.
27 Jun 2013
Singapore's Dynamic Oil Trading Plans Dubai Expansion
CEO Lars Møller says the move is key to its strategic growth plans.
27 Jun 2013
Aft Part of MOL Comfort Sinks with 1,500 Metric Tonnes of Fuel Oil Onboard
MOL says the fore part of the vessel is being "stably towed" toward the Arabian Gulf.
27 Jun 2013
Wang Jing: Nicaraguan Canal No Joke
Chinese businessman says experienced consultants are working on the project.
26 Jun 2013
US Court: Taiwanese Banks Should Allow TMT to Pay Bunker Suppliers
Owner Nobu Su said he wants to keep ships operating to bring in more money for the company as it struggles to repay debts.
26 Jun 2013
Aegean and SK Lubricants Sign Cooperative Agreement
The two companies will supply products to each other's customers, extending their market presences.
26 Jun 2013
DNVPS: Thirty Percent of Low-Sulfur Bunkers in 2012 Were Off Spec
The North American ECA has demanded blending of more components to meet increased demand.
26 Jun 2013