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2013: Good for Bunker Suppliers, Bad for Shipping

Fuel oil demand will be at its highest point ever, but for shipping lines, a glut of capacity will worsen even as trade increases.

Gas Transport Firm Chooses Dual-Fuel Engines

Wärtsilä will supply the propulsion packages for two vessels, allowing them to meet new emissions rules.

Chevron Could Boost Canada's LNG Prospects

The international company's decision to acquire 50% interest in a Canada project could help in competition with Australia.

HHI Gets $1.05B in Dual-Fuel LNG Carrier Orders

Brunei Gas ordered one of the fuel-saving ships, while Maran Gas ordered four.

New CFO for Chinese Bunker Supplier

Andatee says Wang Hao filled the previously vacant CFO role effective December 17, 2012.

More Dual Fuel Engines Ordered from MAN Diesel & Turbo

Firm says the gas-injection engines are "the most fuel-efficient, low-emission method available on the market."

EMP to use Data Logger to Show Fuel Savings

KEI 3240 Data Logger will provide a ship's crew with real time information regarding how much fuel consumption is being reduced.

Fincantieri to Buy Majority Stake in Singapore-listed STX OSV

The S$730 million cash deal for S$1.22 per share is at a discount of S$0.08 on Friday's closing price of S$1.30.

'Clean Sky' LNG-Powered Ship 'Could be Built Next Year'

Design, representing collaboration between COSCO and Golden Union shipping firm, wins approval in principle from Lloyd's Register.

Forecast: Lower Oil Prices in 2013

Poll of analysts predicts no crash, but says supply growth will outpace demand.

CMF Being Integrated Into Parent Company

Spanish oil company CESPA says the move will provide synergies with its other businesses.

Container Ship Blamed for Aruba Spill

A ports director says the spill came from Belgium company Seatrade's ship, Southern Bay.

Poll: Slow Steaming Becoming Universal

UniCredit report finds cargo ship owners see a future of slow steaming, market consolidation.

Eco Tankers "Set to be the Future of our Industry"

The ships will meet IMO fuel requirements 10 years ahead of time, d'Amico International Shipping says.

Noble Group Names COO

Former co-COO William J. Cronin gets position after departure of Nicholas Robert Brewer.

Gunvor Group Closes $1.16 Billion Credit Facility

The Swiss energy trader previously closed a $530 million loan for activities in the Americas.

Teekay Orders Fuel-Efficient LNG Carriers

Company says delivery in 2016 will coincide with new LNG export projects and increasing demand.

New Data Tool Promises Bunker Fuel Savings

Marorka Maren Express says its system provides flexible options to help ship owners with their SEEMPs.

80% Believe There is a Business Case for LNG Bunkers

Oil & Gas IQ report also found that 42% of new build dry bulk carriers are expected to be LNG-fuelled in 2015.

World Could Face Acute Reefer Shortage

Maersk Line says rate hikes are needed to keep shipment of meats and seafood viable.

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