World News

Quadrise Enhances its Synthetic Fuel Oil
The refinements to the company's alternative to heavy fuel oil bunkers follow positive tests earlier in the year.
29 Aug 2012
Tuesday Sees Bunker Prices Fall Further
Marine fuel prices trended downward on Tuesday in most ports except those in South America.
28 Aug 2012
Alternative Titan Restructuring Plan Submitted
Warburg Pincus' SPHL and SouthernPec form a joint venture company and submit a plan it says will help the company make a return to profitability.
28 Aug 2012
Falling Bunker Prices on Monday
Key price indicator ports saw mixed movements but overall global prices were moving down.
27 Aug 2012
Titan CEO Steps Down
Chairman Zhao Xu Guang named acting Chief Executive until a suitable person to fill the vacancy is found.
27 Aug 2012
Mixed Bunker Prices as Week Ends
The week closed in much the same way it opened, with mixed bunker prices in many ports.
24 Aug 2012
High Tech Ferry Reduces Fuel Consumption by 50% to 100%
SCOD said the cost savings from reduced fuel consumption more than pays for its construction.
24 Aug 2012
10% of 1% Low Sulfur Bunker Fuel is Off-Spec
Rahul Choudhuri from DNV Petroleum Services says about a third of the cases where the fuel did not meet the 1% sulfur limit were found in Singapore.
24 Aug 2012
Bunker Prices Continue to Make Gains on Thursday
Global bunker prices generally continued to climb on Thursday, however many South American ports saw negative movements.
23 Aug 2012
Small Gains for Wednesday's Bunker Prices
Marine fuel prices were generally moving up on Wednesday with many ports seeing small gains.
22 Aug 2012
WFS Resumes Bunker Supply for Sanko Vessels
The company's trustee says WFS has agreed not to arrest any of Sanko Line's vessels.
22 Aug 2012
Rolls-Royce Wins £8 Million Design and Power Contract
The "highly specialised" environment focused design will be for a vessel operating in remote waters off the east coast of India.
22 Aug 2012
ConocoPhillips Sells Its 30% Stake in NaryanMarNefteGaz to LUKOIL
ConocoPhillips says move part of its ongoing strategy to reposition its asset base.
22 Aug 2012
Group Describes Alternative Bunker Fuel Development
Mixture said to produce 15 percent lower emissions of "soot-like particulates" and 26 percent less nitrogen oxide.
22 Aug 2012
Little Movement in Global Bunker Prices on Tuesday
Bunker prices made small gains in many ports throughout the Americas and Asia but European markets remained mixed.
21 Aug 2012
Mixed Bunker Price Movements on Monday
Marine fuel markets lacked direction on Monday with mixed price movements seen in key price indicator ports.
20 Aug 2012
Warburg Pincus Says Titan Proposal is Unrealistic
Investor says its alternative proposal will deliver a superior return to stakeholders as the liquidation hearing is pushed back to September 5, 2012.
20 Aug 2012
West of England Issue Cappuccino Bunker Advisory
Bunkering should be stopped immediately if a vessel suspects that it is receiving fuel oil containing air.
20 Aug 2012
Friday Sees Week-on-Week Gains For Bunker Prices
Some key price indicator ports saw marine fuel prices drop as the week closed, but overall prices are up for the week.
17 Aug 2012
Scrubbing Expected To Become "Fairly Standard" on Ships
Wood Mackenzie says blending to make low-sulfur "just would not make any economic sense."
17 Aug 2012