All News

Russian Fuel Oil Exports Drop by 15.6 Percent in January
Low prices cause increased demand domestically.
29 Feb 2016
MOL Restructures Dry Bulk Business
MOL says that it will establish a Dry Bulker Business Unit and an Energy Transport Business Unit, effective April 1, 2016.
29 Feb 2016
Few Changes Seen in Shanghai Market Ahead of April 1 ECA Implementation, Say Bunker Traders
One trader has said that there is "no big issue" as "there is ample time to prepare ahead of the April 1 implementation."
29 Feb 2016
Low Spot Avails at St Petersburg Pushes Up Bunker Prices
Reports suggest that the shortage is likely to last for another week.
29 Feb 2016
Western Bulk Chartering Sale Challenged by Bulk Invest Creditors
Bulk Invest says the allegations behind the legal injunction are "completely unfounded."
29 Feb 2016
Rotterdam Sees First Uptick in Vessel Arrivals in 9 Years
The increase in the number of vessels arriving at the port, is said to be the first such increase seen at Rotterdam since 2007.
29 Feb 2016
Vopak Revenues Up On Higher Average Occupancy Rate
But the world's largest independent storage tank operator reports a loss after tax related to the divestment of US terminals.
29 Feb 2016
Contract Awarded for Lithuanian LNG Bunker Station
Chart Ferox and PPS win contract for LNG reloading station at Port of Klaipeda.
29 Feb 2016
Hapag-Lloyd Operating Profits in Line with Expectations, Buoyed by Lower Bunker Expense
The Germany-based carrier says its average bunker consumption price fell to $312 per tonne in 2015, compared to $575 per tonne in 2014.
29 Feb 2016
Dry Bulk Mega-Merger Binge on the Way?
A brutal 2015 may have set the stage for a coming wave of acquisitions, mergers and tie-ups.
29 Feb 2016
Peruvian Dry Bulk Player to Succumb to Bankruptcy Amid Vessel Arrest
The vessel's cargo, which is said to consist of 4 tonnes of illegally harvested Amazonian timber, was prevented from entering the U.S. last month.
26 Feb 2016
Moving Away from HFO Key to Achieving Sustainable Shipping, Says SSI
The Sustainable Shipping Initiative's Vision for 2040 is to transform shipping's reliance on heavy fuel oil to a diverse mix of low carbon energy sources.
26 Feb 2016
Too Many "Black Holes" in LNG Bunker Port Map For Widespread Adoption
These "black holes" are still so large as to prevent an LNG powered ocean going fleet from being "viable", says Singapore-based TRI-ZEN.
26 Feb 2016
Iran's 1.2 Million MT February Fuel Oil Exports to be Split Between Singapore and Fujairah
Iran fuel exports are ramping up, putting downward pressure on prices according to report.
26 Feb 2016
OPEC: Output Freeze Will Push Prices Over $50/bbl
Qatar's energy minister says the proposed freeze will gain support because it's in everyone's best interests.
26 Feb 2016
Oil Prices Won't Begin Recovering until late 2017: Mexico
Meanwhile, the country will participate in a March discussion about the proposed output freeze.
26 Feb 2016
IMO Committee Agrees to Amendments for Draft Bunker Delivery Note
The changes relate to the supply of fuel to vessels fitted with alternative mechanisms for addressing sulfur emissions requirements, such as scrubbers.
26 Feb 2016
Bangladeshi Government Mulling Fuel Oil Price Review
Energy Minister Nasrul Hamid says the government is considering a review of the country's oil prices, which have been kept high despite falling global prices.
26 Feb 2016
LR: Singapore, Hong Kong Mass Flow Meters Level the Playing Field for Bunkering
Douglas Raitt from LR says mass flow metering systems have provided support in Singapore and Hong Kong to ensure fairness and accuracy.
26 Feb 2016
Gazpromneft Reports 22% Increase in Black Sea Bunker Sales
The marine bunker division of the Russian energy company sold 795,000 tonnes.
26 Feb 2016