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ICS "Disappointed" Low-Sulfur Survey Won't Start Sooner

IMO members rejected a quicker start to the survey, which is intended to let industry respond to potential supply shortfalls.

NORDEN: Customers Want ECO Tonnage

The company has six fuel-efficient vessels underway, with the possibility of more if it can find the "right vessel" at the "right price."

Synthetic Fuel Oil Firm Confirms Fundraising Speculation

Quadrise Fuels says it is in advanced stages of a placing of up to 50,000,000 new ordinary shares.

Maersk Quiz Vitol on Iranian Fuel Oil Shipped to Singapore

The Vitol chartered Maersk Producer was said to have received a fuel oil cargo of Iranian origin who shipped it to Singapore for storage.

Mid-week Bunker Prices Move Down

Wednesday saw marine fuel prices in many ports move down as crude sank by just over 4%.

IBIA Appoints Captain Cliff Brand as Chief Executive

Effective October 24, 2012, Brand replaces acting Chief Executive Trevor Harrison and says there are many challenges ahead for the bunker industry.

Ships See Problems From Low-Sulfur Switch

Ships regularly seem to be experiencing power losses, and storage presents a particular problem for older vessels.

IMO Head: States Must Help With Lower-Sulfur Fuel Cost

Koji Sekimizu called for action on the issue by both industry and governments at the opening of the Marine Environment Protection Committee session.

Clean Tech Firms Seek Independent Efficiency Standards

Companies call on IMO to develop standards to prove the value of fuel-saving, emissions-reducing technologies.

BIMCO: Hull Design is Driven by Fuel Efficiency

The organisation says the need for fuel efficiency and sustainable performance has encouraged a "whole new generation of designs."

ABB Wins $35 Million Next Gen Icebreaker Deal

The Swiss firm will supply propulsion and energy efficient electrical systems that reduce fuel consumption up to 20 percent.

Bunker Prices Steady Tuesday

Global marine fuel prices mostly made small movements but lacked direction as crude moved down after three consecutive market days of gains.

German Firms Offer New Propulsion System

The companies say rising fuel costs and strong competition force ship operators to increase efficiency.

ISU has Serious Concerns Over Bunker Removal Clause

Language proposed for Lloyd's Open Form salvage contract would give P&I insurers more control over bunker removal.

Monday Bunker Prices Move Down in Europe and Asia

Marine fuel prices moved down in Europe and Asia while in the U.S. little movement was seen.

Caribbean Residents Worried About New Fuel Facility

Canadian Global and American Tank and Vessel are planning two 6M barrel storage tanks on the Federation of Saint Kitts and Nevis island.

Canada Eyes Fuel Cells for Coast Guard Vessels

The government says it hopes to install 1,500 kW hydrogen fuel cells on the ships to reduce emissions, fuel consumption but could cost more than $6 million for each fuel cell system.

Group Urges Ban on Bunker Fuel in Arctic

A new paper from Transport & Environment warns of a vicious circle as arctic ice melts and activity increases.

Bunker Prices End Week Making Gains

Marine fuel prices started to move up on Friday with many ports seeing small to moderate gains.

China Invests in North Korea Ports

Port leasing agreement gives China access to Sea of Japan for shipping from northeastern provinces.

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