World News

Northern Sea Route To Lower Nordic Bunker Costs
NSR could save the dry bulk shipper $5.2 million in bunker bills this year as well as being "safer, shorter and thereby more eco-friendly."
14 Jun 2012
Global Bunker Prices Mostly Steady Wednesday
Only small movements seen in many EMEA ports, with Americas prices tending to soften.
14 Jun 2012
Eco-Friendly Biocide Prevents Biofouling on Ships' Hulls
Non-toxic biocide in marine bottom paints temporarily affects barnacle 'behaviour' to prevent it sticking to hulls, but leaves organism and marine environment unharmed.
13 Jun 2012
WHO Says Diesel Exhausts Do Cause Cancer
Report says large populations are exposed to diesel exhaust from a number of sources including ships.
13 Jun 2012
Bunker Prices Soften Again on Tuesday
After some gains on Monday bunker prices in key ports softened once again.
13 Jun 2012
ABB to Install Energy Management System on 5 Rickmers Vessels
ABB's Fuel Management System will cut emissions, save on fuel by up to 5%, and at current bunker prices, achieve payback in less than a year.
12 Jun 2012
Major Ports Firm on Monday
Monday sees mixed global prices as major ports Singapore, Houston, Rotterdam, and Fujairah all gain.
12 Jun 2012
Bunker Consumption in New Engine "Considerably Reduced"
Derated engine running at lower rpms also boasts lower emissions.
11 Jun 2012
IBIA Seeks New Chief Executive to Run Organisation
The full time Chief Executive role at their Southampton Headquarters to take over from Interim Chief Executive Trevor Harrison.
11 Jun 2012
Bunker Prices Soften as the Week ends
Overall movement for the week is generally steady after the drops seen last week.
8 Jun 2012
Maersk to Introduce Tanker Surcharge for the First Time
Maersk set to impose first time fuel surcharge on Tankers due to bunker price hikes, low freight rates, and economic downturn.
8 Jun 2012
Thursday Global Bunker Markets Continue to Firm
Global bunker markets remain firm as crude trims $0.20 after a week of gains.
7 Jun 2012
First Fuel Saving MALS "Air-Carpet" for Cruise Ships
Innovative "MALS" Air Lubrication system acts like an "Air-Carpet", reducing fuel consumption by 7% and cutting CO2 emissions.
7 Jun 2012
CMA CGM Expects "Strong improvement" After Q1 Loss
Firm sees net loss of $248 million despite 13.4% year-on-year volume growth and $96.5 million in savings, but says "the market has significantly rebounded."
7 Jun 2012
Dan-Bunkering Appoints Sales Manager for New Houston Office
Copenhagen based Jim Jensen's promoted and joins Hans Lind Dollerup as the firm expands into the Americas.
7 Jun 2012
Wednesday Bunker Prices Firm Across Global Markets
With crude having a third consecutive day of gains, markets edged back from the losses of last week.
6 Jun 2012
Malaysia-Singapore Oil Operations Could "Be Bigger than Rotterdam"
Dialog Group says Pengerang terminal has a greater potential than originally anticipated and Malaysia and Singapore could form an ARA like hub.
6 Jun 2012
Tuesday Markets Remain Soft
Most ports saw losses but generally didn't make the big jumps seen since the start of June.
5 Jun 2012
Week Begins with Double-Digit Drops Around the Globe
Bunker prices continue to sink with firming distillates in Durban and Suez some of the few exceptions.
5 Jun 2012
Gulf Petrochem Awarded Singapore's Global Trader Program Certificate
CEO says it's "a prestigious recognition... firmly establishing our brand equity across Asia".
4 Jun 2012