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Dry Bulk CEO: Buying Second Hand is Better Value than New Eco-ships
Prices have hit bottom after dropping 30-50%, and the CEO of Pacific Basin Shipping says the time is right to buy.
7 Mar 2013
Seaspan Swings to Profit in 2012
The company is continuing its strategy of buying more fuel-efficient ships in 2013.
6 Mar 2013
IBIA Chief Executive Cliff Brand Resigns
Brand steps down later this month after 5 months in the position.
6 Mar 2013
Daily Bunker Price Report, Tuesday Mar 5, 2013
Bunker prices continue to trend down, but some markets started to become a little more mixed today.
5 Mar 2013
Eileen Speer Returns to Bunkers International as a Senior Trader
Speer previously worked for the Orlando, Florida headquartered supplier from 2004 through the end of 2011.
5 Mar 2013
New Head for BIMCO
Angus R. Frew, head of UK shipping chamber, will succeed Torben C. Skaanild, who will retire this year.
5 Mar 2013
Ports Form Working Group for LNG Bunkering
The working group will develop guidelines for safe use of the fuel as LNG-powered ships come into service.
5 Mar 2013
Oryx Energies Names New Managing Director
Philippe Evrard is a veteran of Totsa Oil Trading and other oil companies.
5 Mar 2013
Golar LNG Profits Jump 139% in 2012
Despite setbacks in Q4, the company says its long-term prospects are strong.
5 Mar 2013
Synthetic Fuel Company "On Cusp" of Entering Bunker Market
Quadrise said it will start production for early commercial volumes of the fuel by mid-2013
4 Mar 2013
North American ECA Slowing U.S.-Europe Fuel Oil Exports
2012's exports were the second highest on record but are slowing on the back of domestic low-sulfur demand.
4 Mar 2013
Daily Bunker Price Report, Friday Mar 1, 2013
Houston IFO380 hits its lowest price this year as bunker prices continue to slide in markets around the world.
1 Mar 2013
Produce Shippers Question Acceptance of Reefer Rate Rise
Some produce shippers say increases are varied, and disagree with Maersk Line's assertion that they're accepted by the market.
1 Mar 2013
Scorpio Buying 6 More Product Tankers
The ships, to be delivered in 2014, cost a total of about $194.5 million.
1 Mar 2013
Cockett Group Launches V-Marine Fuels
Cockett Group's trading and physical supply activities are to be separated following acquisition by Vitol last year.
28 Feb 2013
Chemoil Increase Bunkers Sales By 16% in 2012
Bunker trading, Asian and European exwharf sales, and cargo sales in the Americas added volume.
28 Feb 2013
Total: LNG Shippers Need Improved Fuel Efficiency
Head of LNG shipping Jacques Besse said contracts in the industry give owners no incentive for reduced fuel use.
28 Feb 2013
MISC Revenue Down, Profits Up in 2012
The company predicts "another tough year for the shipping industry" in 2013.
28 Feb 2013
Aegean Sales Volume Up for Q4 2012
The company's sales fell for the full year, but it says it is well positioned for 2013.
28 Feb 2013
Daily Bunker Price Report, Wednesday Feb 27, 2013
Global bunker prices continue to fall, extending the run that started in mid-February.
27 Feb 2013
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