World News

GL Plans Zero-Emissions Ship

Hydrogen for fuel cell would come from wind power while a dual-bunkering approach allows for a three-hour bunkering time.

6 Sep 2012

Titan Wind-Up Petition Adjourned Again

The new hearing will be on September 18, 2012 when SPHL's application to appoint joint provisional liquidators will also be heard.

6 Sep 2012

CMA CGM, Daewoo To Develop LNG-Powered Container Ship

The first vessel could be built within five years when a solution has been completed to supply the vessels with LNG.

6 Sep 2012

DNV Says Fuel Cell Technology Proves Successful

Classification society says it has paved the way for safe and smooth introduction of fuel cells for ships.

6 Sep 2012

Bunker Prices Drop on Wednesday

A number of ports worldwide saw bunker prices drop by significant amounts on Wednesday.

5 Sep 2012

Further Rising Bunker Prices on Tuesday

Global marine fuel prices continued on an upward trend on Tuesday with many ports seeing rising bunker prices.

4 Sep 2012

Analysts Say Current Bunker Prices Are Too High

Liners will also have to increase rates by another 10 percent if they want to see profitability that they had in 2010

4 Sep 2012

Bank Says Shipping Industry Faces Immense Challenges

Worsening conditions in the shipping sector not expected to improve before the end of 2013.

4 Sep 2012

Bunker Prices Rise as the Week Opens

The week opened with global bunker prices moving up in many ports.

3 Sep 2012

Valero To Turn Refinery Into Crude and Product Terminal

Chairman and CEO Bill Klesse says he believes Aruba has the assets to compete as a world-scale terminal.

3 Sep 2012

Singapore and Denmark Sign Maritime MOU

The nations will explore opportunities for collaboration in the areas including quality shipping, green shipping, and R&D.

3 Sep 2012

Singapore Supply Could Tighten in September

Traders predict a bullish market after production at Venezuela's Amuay facility was halted for a week.

3 Sep 2012

Bunker Prices End Week with Gains in Europe and Asia

Marine fuel prices remained mixed in the Americas but in Europe and Asia prices were moving up.

31 Aug 2012

LR: Global Acceptance of LNG Bunkering Down To Price

One year study also concludes that some owners would be wise to consider fuel flexibility.

31 Aug 2012

Cruise Ship Detained Over Unpaid Bunker Bill

Supplier says its owed $94,000 for fuel purchaced in the port of Manilla in April

31 Aug 2012

Singapore Traders: ISO 8217:2012 Won't be Adopted for Years

The market still hasn't moved to 8217:2010 with the majority of bunker contracts said to use the older ISO 8217:2005 specifications.

31 Aug 2012

Bunker Prices Lack Direction on Thursday

Key price indicator ports saw some gains on Thursday but overall Thursday's marine fuel prices were mixed.

30 Aug 2012

Cruise Ships Get Laser Emissions Monitoring System

Mitsubishi Heavy Industries says the vessels will be the most environmentally advanced cruise ships ever constructed.

30 Aug 2012

Mid-week Bunker Prices Continue Downward

Global marine fuel prices continued to fall on Wednesday following the recent decline in the price of crude.

29 Aug 2012

Singapore Arrests Two Italian Vessels

Lawyer says Italian shipping firm Rizzo Bottiglieri De Carlini Armatori owes some $4.7 million.

29 Aug 2012