World News

Fuel Additive Firm Wins APL Deal
The shipping company has signed a five-year contract for treatments to auxiliary engines.
8 Feb 2013
Another Four Newbuilds for Scorpio Tankers
Company now has 20 tankers on order as part of its newbuilding program for fuel-efficient vessels.
7 Feb 2013
New Name, Broader Focus for Addax and Oryx Group
The Malta-based company, to be called AOG, will invest in African businesses.
6 Feb 2013
EMP To Collaborate with Solar Tech Firm for Alternative Ship Power
Solbian Energie Alternative's technology "particularly suited" to marine and sustainable mobility applications.
6 Feb 2013
Arctic Oil Spill Plan Called "Too Vague"
Environmental groups say the plan by eight nations should include language on corporate liability.
5 Feb 2013
Marine Coatings Company Hits Milestone
PPG has now installed its online shipboard maintenance tool on 1,000 vessels.
5 Feb 2013
Japan P&I Club Says Iran-Origin Bunkers OK
The club previously warned members that EU sanctions might affect any ship stemming fuel containing Iranian oil.
4 Feb 2013
Better Results for NYK Line in 2012
The shipping company says the improving global economy and capacity reductions helped.
4 Feb 2013
Report: Shipping Companies Must Reduce Bunker Costs
Price volatility, environmental rules, and low freight rates make the focus crucial, BCG says.
1 Feb 2013
Three Companies Certified for Energy Management
Classification firm ABS says the certification helps companies distinguish themselves and stay ahead of regulations.
1 Feb 2013
Hanjin Had Record Sales, Continuing Loss in 2012
The shipping company expects a profit in 2013 as shippers continue scrapping and slow steaming to reduce overcapacity.
1 Feb 2013
Seaspan: Fuel-efficient Ships Key to Success
CEO Gerry Wang: "As soon as fuel efficiency is taken care of, other things are taken care of accordingly."
30 Jan 2013
Repeat Order for Wärtsilä Emissions Reduction System
The company says the systems allow ships to meet sulphur and nitrous oxide rules taking effect in coming years.
30 Jan 2013
Maersk Line Reaches 2020 CO2 Target Early
The company says emissions reduction is good for business, supports global regulation.
28 Jan 2013
Fredriksen Predicts Tanker-led Market Recovery
John Fredriksen said his companies will focus investments on product tankers, with crude carriers taking longer to recover.
28 Jan 2013
Obstacles Remain to LNG Bunker Uptake
European shippers worry about the supply of the fuel and the costs of converting ships.
28 Jan 2013
LNG Shippers Under Pressure
Drewry says supply is tight and demand is uncertain, while new vessels are on their way.
25 Jan 2013
Scorpio Tankers Orders More Vessels
Tanker operator says it is confident in our newbuilding program and charter-in strategy.
24 Jan 2013
Evergas Orders Duel-Fuel LNG Carriers
Danish shipowner says the vessels will have the highest environmental and efficiency performance measures.
24 Jan 2013
Record Profits Predicted for LNG Carrier Golar
Analysts say the company and other LNG transport firms will benefit from rising production capacity in coming years.
23 Jan 2013