World News

Thursday Bunker Prices Climb Further
Marine fuel prices continued on an upward trend with some key indicator ports seeing double-digit gains.
16 Aug 2012
Global Bunker Markets see Mixed Mid-Week Prices
Wednesday saw a variety of price movements throughout most regions.
15 Aug 2012
Titan Bondholders Voice Support For GDZR Deal
Bondholder committee member says liquidation is not in the best interests of the stakeholders including creditors.
15 Aug 2012
Gains Continue for Bunker Prices on Tuesday
Global bunker fuel prices made further gains on Tuesday as the WTI spot price also saw its first gain in the week.
14 Aug 2012
Aegean 2012 Q2 Net Income Rises 15%
The total volume of bunker sales in the period grew 3% to 2,714,176 metric tonnes.
14 Aug 2012
ZIM to Implement Low Sulfur Fuel Charge
Israel cargo shipping company says the charge is in order to cover the increased fuel costs because of the ECA.
14 Aug 2012
World's 5 Largest ROROs To Cut Bunker Costs by 50%
ACL say New vessels will be bigger, faster, greener, and more efficient than their predecessors cutting fuel consumption per TEU by 50%.
14 Aug 2012
Global Bunker Prices Positive as Week Opens
Marine fuel prices were mixed but generally on an upward trend in many ports.
13 Aug 2012
MSC Raises Bunker Surcharge
USD $625 per TEU BAF effective as of September 1, 2012 for Far East /Asia to Noumea, New Caledonia.
13 Aug 2012
Bulk Oil Tanker Struck by U.S. Navy Vessel
Neither ship sustains any injuries or casualties in Strait of Hormuz collision.
13 Aug 2012
Bunker Prices Finish The Week on a High
Small gains today finished a week of steadily rising prices in many ports.
10 Aug 2012
Hapag-Lloyd "Forced" into Low Sulfur Surcharge
$10 per TEU surcharge will be effective from September 6, 2012 because they "will have to buy more expensive fuel."
10 Aug 2012
Further Gains for Bunker Prices on Thursday
Global marine fuel prices continues on an upward trend on Thursday.
9 Aug 2012
NAT Improves Earnings, Makes Fleet More Fuel Efficient
Nordic American Tankers says overhauling the current fleet preferable to ordering new "Eco-design" ships.
9 Aug 2012
More Gains for Global Bunker Prices on Wednesday
Movements tended to be small as crude fell back for the first time since Thursday
8 Aug 2012
MISC in Satellite Comms Deal for 46 Tankers
Inmarsat to install its combination VSAT and FleetBroadband global satellite internet and telephony service on MISC chemical and LNG tankers.
8 Aug 2012
Chemoil Boost Q2 2012 Profits Over 50%
Physical bunker supplier says volumes grew some 19% to 5.0 million tonnes in the quarter.
8 Aug 2012
Japan Considers Using Arctic To Save 40% on Shipping Costs
Looks to join Arctic Council forum in an observatory role, says one-way shipping costs to Europe would be reduced by 40 per cent vs Suez.
8 Aug 2012
Bunker Prices Continue Up on Tuesday
Marine fuel prices continued to make gains on Tuesday in most regions except South America where many ports saw bunker prices moving down.
7 Aug 2012
R&K Takes Delivery of its First Green Bulk Carrier
Vessels have reduced wind resistance, an approved UV ballast-water treatment system, and meets EC directives on port SOx emissions.
7 Aug 2012