World News

Thursday Sees Further Bunker Price Gains
Global bunker prices continued to climb on Thursday, with moderate gains in Europe and Asia, with mostly steady prices in the Americas.
11 Oct 2012
Report Sees Route to Profits for Container Carriers
The Boston Consulting Group argues that container shippers can succeed despite a glut of ships and rate wars.
11 Oct 2012
Markets See Rising Mid-week Bunker Prices
Marine fuel prices were moving up in many ports on Wednesday while crude slipped by just over a dollar.
10 Oct 2012
Dual-fuel Engines, Electric Propulsion Drops Fuel Costs 30%
GE says the systems also increase cargo capacity 3 to 5 percent by allowing for better layout.
10 Oct 2012
Maersk to Shift Focus Away from Containers
Chief executive says it's seeking "more stable results" and will drop investment share in its Maersk Line business.
10 Oct 2012
LR: LNG Bunkering All About Collaboration
Senior Market Analyst says there has to be a group of stakeholders who want it to happen.
10 Oct 2012
Tuesday Bunker Prices Mixed in Europe
Global marine prices were falling in the U.S. and Asia, but mixed in Europe, while crude gained just over $3.
9 Oct 2012
LNG a Viable Option for Deep Sea Shipping
LR says the most likely first movers could be the big containership operators, but it might take years, or "it may happen tomorrow."
9 Oct 2012
New LNG Tank Systems Could Cut Costs 30%
The tanks are "completely scalable" and avoid problems caused by sloshing loads, according to Braemar Engineering, which markets the systems.
9 Oct 2012
New Ferry Drops Fuel Use 30%
New vessel with MTU engine said to be performing to expectations, requires 30,000 hours between overhauls.
9 Oct 2012
Stakeholders Demanding More Information on Shipping Efficiency
Carbon Positive says measurement is fundamental to emissions reduction as Star Bulk passes first stage of its Carbon Positive Programme for Ships.
9 Oct 2012
Danish Bunker Firm Expands in Cambodia
Go4 Bunker says it will partner with Cambodian companies to develop the Cambodian offshore bunker business.
9 Oct 2012
Bunker Prices Moving Down on Monday
The week opened with falling bunker prices as crude continued to remain under $90.00 per barrel.
8 Oct 2012
Iranian Crude Heading to South Korea
The Brawny is provisionally scheduled to discharge its cargo at Daesan in South Korea.
8 Oct 2012
Bunker Prices Finish the Week Climbing
Global marine fuel prices moved up on Friday, but many ports saw overall week-on-week losses.
5 Oct 2012
Titan Reveals Improved GDZR Deal
Firms says the supplemental agreement that could see the Chinese oil trader invest up to HK$928.2 million is the "most compelling option."
5 Oct 2012
Quadrise Places Shares, Plans Commercial Roll-Out of Synthetic Fuel Oil
The company plans a full commercial roll-out of its MSAR synthetic fuel oil in 2014 after placing shares to raise £3.5 million.
5 Oct 2012
Fourth Classic International Cruises Ship Arrested
Princess Daphne is stopped in Crete, while related company NDS Voyages says it is going into liquidation.
5 Oct 2012
Hull Fouling Has $500K A Year Price Tag
Eniram study finds drops in fuel efficiency can add up for cruise ships in waters with high fouling risk.
5 Oct 2012
Thursday Bunker Prices Continue Down
Global bunker prices trended downward on Thursday as crude made a rebound from yesterday's big loss.
4 Oct 2012