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Two Chevron Ships to Feature MAN EGR
MAN says the systems will let the ships meet Tier III emission standards and allow full fuel flexibility.
26 Oct 2012
Private Equity Firm to Only Invest in Green Ships
Vigor Capital says its interested in anything that significantly reduces fuel use and pays for itself.
26 Oct 2012
Global Acceptance of LNG Bunkers Unlikely This Decade
But LR's Iain Wilson says that the LNG bunkering infrastructure could be done "relatively simply."
26 Oct 2012
NOL Posts First Quarterly Profit Since 2010
Group CEO Ng Yat Chung says efforts to improve the Group's competitive position are paying off.
26 Oct 2012
Thursday Bunker Prices Have Little Movement
Many ports saw little change on Thursday, while crude moved up for the first time in seven market days.
25 Oct 2012
ABS Offers New Energy & Environmental Package
The software helps ship owners meet regulatory requirements and reduce fuel costs, the company says.
25 Oct 2012
Synthetic Fuel Could Help Scrubber Uptake
For emissions based ECA regulations, SFO developer Quadrise say the lower cost fuel could offset scrubber costs.
25 Oct 2012
Wednesday Prices Continue Down with Crude
Bunker prices continue to fall for most products in most global ports, as Singapore IFO380 falls to its lowest price since August 1, 2012.
24 Oct 2012
Three Senior Members From Brightoil's Fuel Oil Team Resign
Former BP employees Paul Bradshaw and Lim Eu Ming, as well as senior fuel oil trader Davy Choo all reported to have quit.
24 Oct 2012
Tuesday Bunker Prices Continue to Fall
A number of ports hit their lowest prices since August, and crude hit a 3 month low.
23 Oct 2012
Wärtsilä Launches Aframax with Built-in Scrubber
Ship Design division says the new ship will offer both fuel savings and the ability to meet new emission standards.
23 Oct 2012
GE Pushes Electric Propulsion for Navies
After acquiring its Power Conversion business last year, the company says it can offer cost-saving options.
23 Oct 2012
Markets Open with Soft Bunker Prices
Global marine fuel prices continued down on Monday, and crude fell below $90.00 a barrel.
22 Oct 2012
Synthetic Fuel Firm Loses $6.7M, Close to Commercialisation
Quadrise says it has projects in Saudia Arabia and Mexico close to moving forward, as its cumulative loss hits $54.2M
22 Oct 2012
New Executives at Bomin, Matrix
The Matrix and Bominflot brand names will remain in use in Texas and Louisiana despite the acquisition.
22 Oct 2012
2013 Biggest Year Ever For Containership Deliveries
Demolition has reduced the effects of supply growth this year, according to Braemer Seascope analyst.
22 Oct 2012
Container Supply Growth is Slowing
BIMCO expects 7.2% growth in 2012 that will drop to 7% next year.
22 Oct 2012
Nordic Exceeds Plans for Northern Sea Route Journeys
Managing Director Christian Bonfils says the carrier has saved millions by going through the Russian Sea instead of the Suez Canal.
22 Oct 2012
Week Ends with Mixed Bunker Prices
Global bunker prices saw small mixed movements on Friday, and crude saw a price drop of just over 2%.
19 Oct 2012
Wärtsilä Results Up with Strong Offshore, Specialised Vessel Orders
CEO Rosengren says Hamworthy acquisition helped boost results in the face of uncertain global market.
19 Oct 2012
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