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Clarkson Adjusts Shipping Rates as Fuel Costs Rise
The shipping services company said the price of low-sulfur fuel in ECAs is hurting earnings.
23 Apr 2013
Extra Efficiency Lands Rolls-Royce Propulsion Systems Deal
The company said a U.S. logistics provider switched from a competitor's system after finding extra efficiency gains in its product.
23 Apr 2013
"Flavour of the Month" Eco-Ships Are Not For Mainstream Shipping
Tsakos Energy Navigation CEO Nikolas Tsakos says similar results can be achieved by spending "much less."
23 Apr 2013
Daily Bunker Price Report, Monday April 22, 2013
Bunker prices in Asia make gains, as movements in the EMEA region are mixed, while prices mostly fell in the Americas.
22 Apr 2013
TORM to Sell Five MR Product Tankers
The sale is a result of a bank group exercising an option obtained as part of the firm's restructuring last year.
22 Apr 2013
Irish Shipping Firm Orders Fuel Efficiency Systems
The systems are designed to save fuel by optimising operations with real-time data.
22 Apr 2013
Delivery of LNG-Powered Ferry Delayed
Shipbuilder Bergen Group said installation and testing of equipment is taking longer than expected.
22 Apr 2013
Daily Bunker Price Report, Friday April 19, 2013
Bunker prices firm in Europe and much of the Americas, as the downward trend continued in much of Asia.
19 Apr 2013
IOC Sells 55K Tonnes of 180 cSt Fuel Oil at Wider Discount
The oil may be used for blending in Fujairah, which has been facing a short-term supply shortage.
19 Apr 2013
Daily Bunker Price Report, Thursday Apr 18, 2013
Asia sees mixed bunker price movement as the downward trend continues elsewhere.
18 Apr 2013
World Fuel Services Arrests Vessel Over Unpaid Bunkers
The Chinese owned vessel was said to have lifted $713,000 of bunkers in October 2012.
18 Apr 2013
Rosneft in LNG Plant Deal with Japanese Company
The plan calls for the development of an export plant in Russia's Far East.
18 Apr 2013
Bunker Prices to Remain "Around $650 pmt" For the Next Year
Pareto Shipping chief economist said he also saw global oil demand at 90 million barrels a day.
18 Apr 2013
TORM to Delist from Nasdaq
The shipping company anticipates a loss of $100 to $150M for 2013 but says it has stabilized its situation.
18 Apr 2013
Analyst: LNG Adoption Will Take Longer for Shipping than Trucking
Investors are moving in to the North American LNG market, but interest is stronger in land transport than marine fuels.
18 Apr 2013
Vitol Chief: Crude Oil Prices Won't Keep Falling
Prices fell below $100 per barrel Tuesday as the market responded to reports of slow growth.
18 Apr 2013
Daily Bunker Price Report, Wednesday Apr 17, 2013
Bunker prices continued to slide in markets around the world today.
17 Apr 2013
China OK's Glencore-Xstrata Merger
The nation's antitrust regulators are requiring the company to sell some of its copper mining capacity.
17 Apr 2013
HHI Develops New LNG Containment System
The company says a new membrane system could be used in LNG carriers and bunkering systems.
17 Apr 2013
DNV Offering 'LNG Ready' Ship Designs
The firm says shipowners can prepare for LNG bunkers without making immediate investments in the technology.
17 Apr 2013
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