World News

Daily Bunker Price Report, Tuesday Apr 16, 2013

Brent fell below $100 a barrel for the first time since July 2012 and global bunker prices continued to make large downward movements.

16 Apr 2013

Daily Bunker Price Report, Monday Apr 15, 2013

Bunker prices continue to head down with double-digit price drops seen across a number of markets.

15 Apr 2013

Brightoil: Shipowners Can Not Afford Low-Sulfur Fuels

Per Wistoft said the push to "go green" is only putting extra pressure on the bottom lines' of ship owners.

15 Apr 2013

Daily Bunker Price Report, Friday April 12, 2013

After breaking a run of downward price movements mid week, bunker global bunker prices once again ended the week lower.

12 Apr 2013

INTERTANKO: Industry Must Address Spills During Bunkering

Large spills have declined significantly since the 1970s, according to industry data.

12 Apr 2013

New Lubricants Needed for New Fuel Types

Total's technical director says the company is developing new lubricants to adapt to new ship technology.

11 Apr 2013

Daily Bunker Price Report, Wednesday Apr 10, 2013

Global bunker prices were firm today, with most of the world's key ports making small gains.

10 Apr 2013

Bourbon to Sell $1.5bn of Vessels to China's ICBC

The French oil and gas marine services group plans to sell $2.5 billion worth of vessels on sale-and-lease contracts.

10 Apr 2013

Brightoil Warns Ecoships are Not Really Ecoships

Per Wistoft, CEO of Brightoil Shipping Singapore says it's just a marketing tool by shipyards to sell the ship.

10 Apr 2013

Daily Bunker Price Report, Tuesday April 09, 2013

Global bunker price movements were mixed today as the run of big price drops comes to an end.

9 Apr 2013

India Poised to be an Important U.S. LNG Export Market

India's ambassador to the U.S. writes that trade in the fuel could benefit both countries.

9 Apr 2013

DNV: LNG Bunker Uptake to Be All-or-Nothing

'In 2040 a ship burning oil will be a rare sight on the seas,' says DNV expert.

9 Apr 2013

Daily Bunker Price Report, Monday Apr 08, 2013

Global bunker prices continue to fall, and a number of ports hit their lowest price of the year so far.

8 Apr 2013

Strong Maritime Growth Through 2030 Predicted

'The marine world in 2030 will be almost unrecognizable,' but the maritime sector will retain importance, says new report.

8 Apr 2013

Update - Shipowner Considers Legal Action Against RBS After $1 Billion Loss

TMT says it has questioned the role played by the bank in its loss, but claims RBS have refused to hold a full investigation.

8 Apr 2013

Daily Bunker Price Report, Friday Apr 05, 2013

Bunker prices in many ports continue yesterday's trend of sharp drops for all grades.

5 Apr 2013

Falling Bunker Surcharge Leads to Stolt Tankers Loss

The company said weak market conditions and higher trading and operating expenses hurt the tanker business.

5 Apr 2013

Ship & Bunker Price Report, Thursday Apr 4, 2013

Bunker prices plummet in many of the world's key ports.

4 Apr 2013

VTTI: Cyprus Terminal May Include Bunkers

The fuel storage company says it remains confident in Cyprus, despite the nation's current economic turmoil.

4 Apr 2013

Ship & Bunker Price Report, Wednesday Apr 3, 2013

Mediterranean and Black Sea bunker prices make gains as South America sees double-digit drops across the Atlantic coast.

3 Apr 2013