World News

Wednesday Bunker Prices Firm in Americas and Europe
Many ports in the Americas and Europe firmed, while many Asian ports still lack direction.
27 Jun 2012
South Korea to Stop Iranian Crude Imports
Local players talking to Ship & Bunker say the move will not impact local bunker markets.
27 Jun 2012
Iran's NITC Delays Tanker Delivery
Source says "the market is not attractive for any ship owner."
27 Jun 2012
Bunker Prices Lack Direction on Tuesday
Many bunker markets saw mixed movements, with some firming seen in S.E. Asia and Europe.
26 Jun 2012
Carnival Reports Unrealised Loss of $145 million on Fuel Derivatives
Cruise company says bunker prices were lower than predicted, but overall bunker bill for Q2 still rose $71 million quarter-on-quarter.
26 Jun 2012
Week Opens with Mixed Bunker Prices
Monday saw mixed IFO bunker prices across key global ports.
25 Jun 2012
Fuel Monitoring Solution Upgraded with Satellite Service
Company says the system will provide immediate communication between land and sea to help reduce fuel costs.
25 Jun 2012
Week Ends with Bunker Prices Making More Double-Digit Drops
Global bunker prices continue to fall across many global ports on Friday.
22 Jun 2012
Box Shippers Will Increase Freight Rates From July
Maersk, Hapag Lloyd, and APL have all announced freight rates increases of up to $500 per TEU in the last week, despite the recent fall in bunker prices.
22 Jun 2012
Crude Oil, Bunker Prices, Continue to Fall on Thursday
IFO380 in Singapore, Rotterdam, Fujairah, and Houston all hit lows for the month.
21 Jun 2012
Wednesday Bunker Prices Mainly Following Crude Down
Crude prices dropped to an eight month low with many ports following the same downward trend.
20 Jun 2012
Crude at Eight Month Low: Will Bunker Prices Continue To Fall?
WTI closes at $81.80 per barrel and some analysts think prices have not yet hit bottom with a drop to $75 a barrel "very likely."
20 Jun 2012
Rosneft Looks To Cash In On North American ECA
Company opens a second office in China, eyes sales of low-sulfur fuel to ECA bound vessels and marine gas oils to the Chinese and regional markets.
20 Jun 2012
Bunker Prices Tumble on Tuesday
Global bunker prices dropped sharply across many global ports on Tuesday.
19 Jun 2012
Declining Bunker Prices "Likely to Benefit" Carnival
Carnival Q2 results should "meet or modestly beat" William Blair's estimates thanks to a drop in bunker prices.
19 Jun 2012
Rigaku Demonstrate Sulfur Content Analysis of Bunker Fuel
Benchtop NEX QC analyser uses non-destructive analysis technique to determine the sulfur content of bunker fuel, diesel, and crude oil.
19 Jun 2012
Global Bunker Prices Start Week with Mixed Movements
Singapore IFO380 down $1 pmt while prices elsewhere in Asia rise.
18 Jun 2012
Prices Firm in Many Ports on Friday
Rotterdam IFO380 was up for a third consecutive day, seeing the highest price since June 1st.
15 Jun 2012
Brightoil's Head of U.S. Trading Operations Resigns
Current Managing Director of Asian Operations, John Foo, to head U.S. operations until a replacement is found.
15 Jun 2012
Thursday Global Bunker Prices Remain Steady
Major ports saw little movement on Thursday with prices generally remaining steady.
15 Jun 2012