All News

CO2 Reduction Efforts Key to Adoption of LNG Bunkering: Bernhard Schulte
The company say shipping will be forced to make changes when the EU's MRV system for ships' CO2 emissions is implemented in 2018.
31 Oct 2016
Waterfront Shipping to Take Delivery of Methanol-Powered Carrier in November
Canada-based Methanex says the carrier is the the final in a series of dual-powered vessels to its subsidiary Waterfront Shipping.
31 Oct 2016
Wärtsilä: Singapore Approval "Opens up the Whole of Asia for Wärtsilä's EGC"
The exhaust gas cleaning (EGC) systems are said to be the first to be approved by an Asian flag authority.
31 Oct 2016
UK Chamber of Shipping Releases Summary of Priorities for Brexit Talks
The document is said to be a summary of "A Blueprint for Growth," which is set to be released in November.
31 Oct 2016
Oil Deal Doubts Grow, But Analysts Say Crude Prices Are Heading Up Regardless
Still, Friday's market figures suggest OPEC still holds sway over traders.
31 Oct 2016
K Line Receives "A" Rank from CDP for Emission Reduction Efforts
Of more that than 5,500 companies covered in the survey, K Line says it was the only Japanese shipping company selected for CDP's "Climate A list."
31 Oct 2016
Chinese State-Run Dry Bulk Company Succumbs to Bankruptcy
Zosco has been declared bankrupt by Hangzhou Intermediate People's Court.
31 Oct 2016
IMO Takes "Massive Step" Toward Phase Out of HFO Use in the Arctic: NGOs
"IMO member countries must now capitalise on this momentum, by bringing forward concrete proposals," says Dr. Sian Prior, Clean Arctic Alliance advisor.
28 Oct 2016
BIMCO Says It Respects IMO Decision on 0.5% Sulfur Cap's 2020 Implementation Date
BIMCO Friday said it respects the MEPC 70 decision, but noted concerns about fuel availability, as raised by a number of IMO member states.
28 Oct 2016
2020 Sulfur Cap "a Real Opportunity" for Emulsion Bunker Fuel Firm Quadrise
Quadrise says the resulting increased demand for distillates from 2020 will lower the cost of MSAR fuel.
28 Oct 2016
Dip in Q3 Bunker Volumes, Marine Profits for World Fuel Services
"Growing concerns in the marine sector has tightened our credit appetite, negatively impacting volumes and profitability," the company said.
28 Oct 2016
World Fuel Services: Hanjin Exposure is $18 Million and We Expect to Recover Substantially all of that Amount
"But it will be a time consuming process," warns CFO Ira M. Birns.
28 Oct 2016
Russian Warships Refuel Off North Africa
The news comes days after news that Russia withdrew its request for bunkering warships at the Spanish-North African enclave of Ceuta.
28 Oct 2016
World Fuel Services Expands Credit Facility to $2.1 Billion
"The transaction was substantially oversubscribed and ahead of initial expectations," says WFS CFO Ira M. Birns.
28 Oct 2016
Tight Bunker Avails at China's Qingdao Port Following Typhoons: Market Sources
Several sources Thursday said Sinopec stocks were understood to be running low.
28 Oct 2016
Grimaldi Group Awarded Shipping Industry's Largest Ever Carbon Credit Issuance, Says AkzoNobel
Grimaldi has been presented with a total of 109,617 carbon credits after 14 of its vessels were verified through AkzoNobel's carbon credits programme.
28 Oct 2016
Bunker Suppliers Might Not Have a Lien, But That Doesn't Necessarily Mean They're Not Entitled to be Paid
"There's this belief out there that liens must exist and someone must have it, and that just isn't the case," Reed Smith Partner Andrea Pincus tells Ship & Bunker.
28 Oct 2016
Oil Prices Move Higher as Saudi Arabia Quells OPEC Fears
Bunker prices were firm in the primary ports.
27 Oct 2016
Panama Canal Highlights Emission Reduction Initiatives at MEPC 70
Panama provided a presentation at MEPC 70, "Contributions of the Panama Canal to Reducing Emissions from International Shipping (MEPC 70/7/1)."
27 Oct 2016
2020 Sulfur Cap Decision: This is a Good Day for People all Around the World, says Yara
Yves Bonte, Head of Industrial business at scrubber producer Yara has welcomed the IMO decision to implement a 0.5% global sulfur cap in 2020.
27 Oct 2016