World News

High Fuel Prices Mean "Significant Opportunities"
New MAN Diesel engine "represents the culmination of many years' development work."
20 May 2013
Daily Bunker Price Report, Friday May 17, 2013
Bunker prices end the week making gains in many regions.
17 May 2013
Titan Makes Progress on Strike Out Petition
The Bermuda court says it will strike out the petition, but only after hearing an application for a substitute petitioner.
17 May 2013
Indian Company Eyes Canada for LNG Terminal
The facility could export 1.5 billion cubic feet per day of Canadian gas once it is complete.
17 May 2013
LNG Bunkering Will Require a New Level of Sophistication
FOBAS global manager says "LNG is ultimately a dangerous product to handle."
17 May 2013
Daily Bunker Price Report, Thursday May 16, 2013
A number of key ports end runs of downward movement that lasted over a week but overall prices lacked direction today.
16 May 2013
NGOs Protest Delay on NOx Limits
The IMO postponed the entry into force of the emissions limits from 2016 to 2021.
16 May 2013
"Strong momentum" for Aegean Despite Fall in Volumes, Revenues
The company said it is positioning itself to take advantage of improvements in the market for long-term growth.
16 May 2013
Manslaughter Charge Warning for Inadequate Gas Detectors
Martek Marine says vessels must carry an adequate number of maintained and certified gas detectors.
16 May 2013
Daily Bunker Price Report, Wednesday May 15, 2013
Bunker prices mostly heading down, but mixed movements seen in parts of Europe, North America.
15 May 2013
Broker Saddled with $777,000 Bunker Bill after Paperwork Error
Account of incident shows how charterer avoided paying for bunkers.
15 May 2013
Chemoil Sales Volumes Down in Q1
The company said continued weak demand hurt the bunker market, particularly in the Americas.
15 May 2013
Daily Bunker Price Report, Tuesday May 14, 2013
Prices continued to fall across the world's bunker markets.
14 May 2013
NAT Keeps Focus on Reducing Fuel Use
The company lost $32.4 million in Q1 but says the market is starting to show signs of improvement.
14 May 2013
Daily Bunker Price Report, Monday May 13, 2013
Bunker prices drop as the week opens.
13 May 2013
Deltamarin Sees 59 Orders of its Fuel-Efficient Vessel Design
The company said it has received orders for ships using its fuel-saving B.Delta design from a number of buyers recently.
13 May 2013
UASC May Order Triple-E Ships
The company would be the third to announce an order of the 18,000 TEU vessels.
13 May 2013
U.S. To Sign Maldives SOFA "Soon"
Alleged leak of the draft agreement shows U.S. forces would have access to ship bunkering facilities.
13 May 2013
Daily Bunker Price Report, Friday May 10, 2013
Bunker prices end the week with some firming in Europe, mostly soft elsewhere.
10 May 2013
Knightsbridge Loss Up as It Shifts Focus to Capesize Bulkers
The company recorded a loss in the first quarter largely due to the sale of its last VLCC at a loss.
10 May 2013