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Group of 26 Investors File Suit in Copenhagen Against OW Bunker, Executive Team, and Altor

The group, which includes ATP and PFA, allege that the now defunct company was misrepresented in its 2014 IPO.

Biggest Ever Saudi Economic Overhaul Suggests It Is Bracing to Withstand Long Term Low Oil Prices

Massive proposed Saudi economic reforms include more levies, money loans, and the creation of the world's largest sovereign wealth fund.

Bunker Spill Ship Wreck No Longer Considered a Hazard

While some oil still remains on the sunken MV Rena, officials say the vessel is no longer classified as a hazard.

Norway Ferry Operator Looking to Switch to Battery and Bio Fuel Propulsion

Norway's Hurtigruten says its has intentions of transitioning to vessels with dual battery and bio fuel propulsion in the coming years.

Baltic Dry Index Continues to Soar on Surging Capesize Rates

The BDIs continued upward movement comes alongside news of MOL's major restructuring plan that will see its Capesize fleet reduced by 10 percent.

Saudi Oil Stance a Nail in Rally's Coffin And More Proof the Freeze Talks Are Doomed

Analyst says soft builds and oil prices between $30 and $40 will dominate the market for the next few quarters.

Industry Insight: Bunker Surveyors in a World of Mass Flow Meters

Industry Insight: Bunker Surveyors in a World of Mass Flow Meters

Is it time for bunker surveyors to hang up their boots?

Oil Down as Saudi Arabia and Iran Continue to Contend with the Idea of a Production Freeze

Analysts anticipate more volatility between $30 and $40 per barrel.

Brittany Ferries Completes £60 Million Green Investment with Scrubber Installs

Brittany Ferries says it has installed scrubbers on six of its cruise-ferries over that past 18 months.

Bunker Jobs: OceanConnect Marine Seeking Junior Trader / Trainee

OCM is looking for ambitious individuals to join its marine fuel trading and broking team in Stamford, CT.

Bomin Appoints Global Head of Bunker Operations as Supplier Eyes Global Growth

Christensen's new role was one of a number of "significant appointments" made by Bomin to its leadership team.

New London Cruise Ship Terminal Faces High-Court Challenge Over Emissions Concerns

Plans for a Greenwich, London cruise terminal has suffered criticism over air and noise pollution.

Suez Canal Offers Incentive of 30% Discount to Container Ships

The SCA has reduced tolls for container ships traveling the Suez Canal from and to certain ports by 30 percent for the period of March 7th to June 5th 2016.

Quadrise Seals Consultancy Agreement with Former Executive Chairman

The agreement is intended for Williams to provide "ad hoc general and strategic advice" to the company's new executive chairman and board.

Saudi King's Son: No Production Freeze Unless Iran Plays Ball

The man who would be king is also trying to generate cash flow by selling shares of Saudi Aramco.

AkzoNobel Announces New Bunker Saving Biocidal Hull Coating

The product is said to be the "highest-performing" biocidal antifouling application the company makes.

US Shale Players Pumping Oil Stronger Than Ever Despite Bankruptcies

Lack of spending is viewed as more troublesome to the market than filing for creditor protection.

Don't be Fooled by April 1 Surge in Baltic Dry Index, Analyst Warns

BDI achieved its biggest one-day jump of 2016 Thursday, beating that Friday with a further 21 point jump, representing the biggest 2 day jump of the year.

Tank Breach at Vopak Terminal Reported to Have Caused Second L.A. Spill in a Month

The USCG says it is investigating reports of a spill of an oily-water mixture disseminating from a holding tank at the Vopak Terminal at the Port of L.A.

Singapore Commodities Player Enters the Bunker Market

"It makes perfect sense for a homegrown Singapore company to enter this market now," the new player says.

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