World News

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
MSC Announces Bunker and Peak Season Surchanges
Rates are coming into effect from September 1st, 2012.
7 Aug 2012
Bunker Prices Gain Monday to Highest Levels Since May
Singapore, Houston, Fujairah, and Rotterdam at their highest levels since the end of May.
6 Aug 2012
Matson Boosts Q2 Revenues, Operating income
Pacific ocean carrier says revenues helped by an increase in fuel surcharges reflecting higher fuel costs.
6 Aug 2012
Chemoil in 16.4 million Lube Trading Acquisitions
Firm to acquire 50% of U.S. firm Chemlube International LLC and Switzerland's Sopetra S.A..
6 Aug 2012
Week Ends with Bunker Prices Remaining Mixed
The week ended with bunker prices continuing to show a lack of direction.
3 Aug 2012
Overwhelming Proportion of Titan Bondholders Vote Against Liquidation
Titan says it is "very encouraged by the strong support from our bondholders" who it owes US$166 million worth of bonds.
3 Aug 2012
Drew Marine Completes Chemring Marine Acquisition
The new business will be called Drew Marine Signal and Safety and "is a perfect fit" with Drew Marine's strategy.
3 Aug 2012
Thursday Bunker Prices Lack Direction
Bunker markets were mixed on Thursday with regions reporting a variety of price movements.
2 Aug 2012
World Fuel Services Post Q2 Results
WFS' marine fuel segment makes a gross profit of $51.7 million from revenues of $3.7 billion.
2 Aug 2012
Bunker Prices Begin to Soften on Wednesday
Key price indicator ports Singapore, Rotterdam and Houston saw IFO380 prices drop on Wednesday.
1 Aug 2012
Fincantieri Wins Order for Dual-Fuel Canadian Ferry
The 130 metre car ferry for STQ will have "advanced solutions in terms of energy saving and low environmental impact."
1 Aug 2012
China Buys Low Sulfur Fuel Oil From Russia
Bunker supplier said to have paid a premium of approximately $110 per metric tonne over Singapore prices.
1 Aug 2012
Bunker Prices Mixed on Tuesday
Markets lacked direction on Tuesday with many ports seeing mixed price movements.
31 Jul 2012
Aegean Set August 14 for Q2 Results Conference Call and Webcast
Physical bunker supplier plans to issue financial results for the three months ended June 30, 2012 on Monday, August 13, 2012.
31 Jul 2012
Italian Shipbuilder H1 Profits Up 62.5% Despite Slump in Orders
Fincantierie records a positive half despite an order book down 10.8% and new orders down 44.2%.
31 Jul 2012
U.S. Ups Iranian Energy and Petrochemical Sanctions
New sanctions extend to the purchase or acquisition of petroleum, petroleum products, or petrochemical products from Iran
31 Jul 2012
Bunker Prices Continue Climbing as Week Opens
Marine fuel prices continued to make gains in many markets on Monday.
30 Jul 2012
Rongsheng Issues Profit Warning, Chairman in $13 Million Insider Trading Case
SEC says a company controlled by Rongsheng chairman Zhang Zhirong was involved in $13 million made through insider trading in Nexen.
30 Jul 2012
Bunker Prices Climb as Week Ends
The week ended with bunker prices gaining across all regions, with some strong gains seen in Europe and Asia.
27 Jul 2012