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Another STX Pan Ocean Vessel in US Arrest, $900,000 More in Unpaid Bunker Claims
Three vessels named in a new round of claims by World Fuel Services.
18 Jun 2013
STX Pan Ocean Bankruptcy Could Have Significant Impact on J. Lauritzen Results
The concerns stem from two capesize bulk carriers on long term time charter from Lauritzen Bulkers.
18 Jun 2013
Maersk Line Seeks Europe-Asia Profitability with Triple-E Ships
The company held a naming ceremony for the first of the new 18,270 TEU capacity ships.
18 Jun 2013
First Drop in LNG Trading for 30 Years
The fall in 2012 came after sharp increases in 2009 and 2010, but the long-term trends remain upward.
18 Jun 2013
New Viking Ocean Vessels will Use Fuel-Saving Systems
The cruise ships feature MAN Diesel propulsion systems and Alfa Laval exhaust scrubbers.
17 Jun 2013
Ultra-low Sulfur Drop In Replacement for IFO380 Under Development
At a maximum sulfur content of 0.10%, the product would meet ECA regulations and an anticipated 0.5 percent sulfur cap in 2020.
17 Jun 2013
Golden Ocean Orders Fuel-Saving Bulkers
The company will have three vessels delivered in the first half of 2015.
17 Jun 2013
Deal for Nicaraguan Alternative to Panama Canal Ratified
The developer, led by Chinese telecom mogul Wang Jing, says it is early in the process, and it is still planning the canal's route.
14 Jun 2013
New Bulk Carriers Promise "Extremely Low" Fuel Use
HBC says the fuel-saving vessel design by Deltamarin will give it a competitive advantage.
13 Jun 2013
Moody's: High Bunker Prices Could Hurt Container Shippers the Most
However box shippers could also outperform other sectors if they maintain market discipline and manage overcapacity issues.
13 Jun 2013
Dubai, Singapore Port Authorities Sign Cooperation Agreement
The organisations plan to "closely cooperate on maritime issues of mutual interest."
13 Jun 2013
Unprofitable LNG Shipping Rates Predicted
Growing fleet, shorter voyages will contribute to reducing demand and driving down prices.
13 Jun 2013
Maersk Oil CEO Foresees Downward Pressure on Oil Prices
He said the company plans to increase its production significantly by 2020.
13 Jun 2013
STX Vessel Arrested in US Over $1M in Unpaid Bunker Bills
World Fuel Services say the bunkers were delivered to two vessels last month while they were in Korea.
12 Jun 2013
Excel Maritime Says it Plans to file for Bankruptcy
The dry bulk shipper also says it has reached an agreement with creditors that will give it an $80 million infusion of capital.
12 Jun 2013
Vopak Looks to Build LNG Storage in Asia
The company says growing supply of the fuel and its increasing use for bunkering will require more storage.
12 Jun 2013
Norwegian Company Orders Seagoing LNG Bunkering Vessel
The vessel, using Torgy, Rolls-Royce technology, will be used for bunkering and small-scale distribution.
11 Jun 2013
Cargill Takes Delivery of Fuel Efficient Tanker
Design incorporates a Mewis Duct and high performance hull coating from International Paint.
11 Jun 2013
IBIA Announce Board Appointments
Jens Maul Jørgensen named Vice-Chairman, and will become Chairman in April 2014.
10 Jun 2013
NLI Unveils Concept for Large Volume LNG Bunker Barge
Company says LNG bunker barges are the "missing link" in the LNG supply chain.
10 Jun 2013
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