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Daily Bunker Price Report, Friday Mar 15, 2013
Europe and North America see some firming as bunker prices remain soft in Asia.
15 Mar 2013
Diana Shipping Profits Down 75% in Q4
The company's time charter rates dropped for the quarter, driving down revenues.
15 Mar 2013
Cargill Charters Fuel-Efficient Ardmore Shipping Vessel
The new ship, one of four ordered by Ardmore, promises fuel savings of 10 to 15 percent.
15 Mar 2013
HHI Tests Engines That Use 7% Less Fuel
The company says the reduced fuel use and emissions can save owners millions of dollars per year.
14 Mar 2013
ABB Gets $26M Order for Fuel-Efficient Propulsion Systems
The bunker saving systems are for two vessels to gather data on deep sea resources.
14 Mar 2013
Daily Bunker Price Report, Wednesday Mar 13, 2013
Another day of small bunker price movements, but many markets were mixed today.
13 Mar 2013
U.S. Renews Japan, EU Iran Sanctions Waivers
The 11 countries will receive another "potentially renewable" waiver for a period of 180 days.
13 Mar 2013
FUJCON 2013 Impresses With Array of Specialist Industry Knowledge
FUJCON 2013 will be held from 25-27 March 2013 at the Al Diar Siji Hotel, Fujairah, UAE.
13 Mar 2013
Daily Bunker Price Report, Tuesday Mar 12, 2013
Global bunker prices continue to decline in most markets.
12 Mar 2013
PetroChina to Buy 2 Million Barrels of Venezuelan Fuel Oil
The fuel oil will be loaded from Bonaire port from March 30, 2013 to April 1.
12 Mar 2013
Inatech Launches Cloud-based Fuel Procurement System
The firm says its ShipTECH Shipping Solution provides real-time data to help buy fuel efficiently.
12 Mar 2013
Maersk Line Switching from Panama to Suez Route
One analyst says other carriers are likely to do the same to use larger, more fuel-efficient ships.
12 Mar 2013
Maersk Exec: Slower Speeds, Scrapping, Idling will Keep Market Balance
Chief Executive Soren Skou said capacity will outpace demand in 2013, but rate increases will help the industry.
12 Mar 2013
Daily Bunker Price Report, Monday Mar 11, 2013
The downward trend for bunker prices continues in most markets.
11 Mar 2013
LPG Carrier Size Doubles in Two Years
Rising demand is boosting the number and size of vessels being ordered, according to Drewry Maritime Research.
11 Mar 2013
Daily Bunker Price Report, Friday Mar 8, 2013
Small mixed movements seen in Europe but prices in Asia were soft.
8 Mar 2013
Aegean Cutting Expenses, Entering New Markets
The company has sold 10 older vessels, and is "laser focused" on selling more.
8 Mar 2013
Sinotrans Revenues, Profits Fall with Sluggish Market
The company said global economic trends will keep hurting dry bulk shipping in 2013.
8 Mar 2013
Glencore Revenues Up on Oil Sales in 2012
Despite improvement by marine fuels subsidiary Chemoil, Glencore's profits were down for the year.
8 Mar 2013
Two More Newbuilds for Scorpio Tankers
The company has a total of 28 newbuilding product tanker orders with South Korean shipyards.
7 Mar 2013
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