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Finnish, Chinese Firms Partner for Fuel Efficiency Solutions

Finnish data company Eniram Ltd. says the partnership with Headway Technology of China will increase its market reach in Asia.

Operating Costs For Shipping Up 2.1%

Moore Stephens report finds crew costs the main factor in the increase for 2011, while insurance costs fell.

Eco Marine Power Wins Award From Oceans Group

Japanese builder promises to reduce fuel use and cut emissions with a combination of wind and solar technology.

Bunker Prices Continue to Drop on Thursday

Thursday saw bunker prices continue to move down, while crude made a gain of over 2%.

Maersk to Raise Rates 10-11%, Drop Ship Speed, Capacity

CEO Anderson says too many ships are sailing the Asia to Europe route now, given weak trading on the route since the start of August.

Competition Authorities OK Vitol-Grinrod Deal

Vitol says 50 percent ownership of Cockett Marine Oil will help the company grow in marine fuel resale market.

Vitol is Buying and Selling Iranian Fuel Oil

Titan ships implicated again as the Islamic Republic's cargo is blended with EU product after a ship-to-ship transfer off Malaysia.

Mid-week Bunker Prices Move Down

Global bunker prices moved down on Wednesday as crude fell below $90.00 a barrel.

Lower Fuel Spending Cushions Carnival Profits

Fuel prices, consumption down in third quarter of 2012 as company coped with lower ticket prices.

Cleantech Firm Touts Marine Propulsion, Cooling Systems Technology

InterCore Energy says its acquisition of the Legacy Group will allow the development of profitable, environmentally friendly technology.

Brightoil Houston Office Part of Crude Oil Trading Plans

Firm ends uncertainty for the location, says it will add 10 traders to Singapore and the U.S. but reports net profit slumped 76% year-on-year.

Tuesday Bunker Prices Mixed

Latin American bunker prices were mostly moving down on Tuesday, but elsewhere markets lacked direction and saw small movements.

Mostly Small Gains for Monday Bunker Prices

Bunker prices were up in key indicator ports on Monday but elsewhere prices were mixed.

OW Bunker Wants Bunker Claims Below 1%

Jan Christensen says claims are something that ship owners can ill-afford in the current economic environment.

Maybank Predicts Container Shipping Recovery

Firm gives "buy" rating to Neptune Orient Lines based on optimism over U.S., European support for global markets.

Week Ends with a Rally for Bunker Prices

After a week that saw some heavy losses many ports saw prices begin to move up again on Friday.

Canada Aims for Japanese LNG Market

Japan represents 33 percent of global LNG demand and plans to reduce nuclear power use offers opportunity for Alberta.

Big Drops Thursday as Bunker Prices Continue to Fall

Bunker prices made substantial drops on Thursday with IFO380 at key indicator ports reaching new six week lows.

NYK in Joint Venture With ROLF Group

The deal expands NYK's footprint in the logistics business as shipping comes under fire from high bunker prices.

DNV Plans Power System for Remote Operations

OPera system will provide centralised power generation, improving efficiency, and streamlining operations.

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