All News

Parker Kittiwake Procal Launches New Data Gathering System for ECA Compliance

The new Procal 1200M data gathering system and control unit is said to have been specifically designed by marine engineers for maritime use.

13 Jan 2016

OPEC's December Vienna Meeting Figured Oil Floor at $35/bbl

Nigeria's oil minister said he hopes oil doesn't go below $30, which WTI did briefly today.

13 Jan 2016

Why You Might Be Losing Millions on Sludge Disposal, and How You Can Prevent It

Petro Inspect discusses the importance of sludge discharge / disposal surveys - are the ship owners being paid fairly?

13 Jan 2016

Petrogas to Invest in India Floating Storage and Regasification Unit

The "state of the art" terminal will have a minimum capacity of 5 million tonnes per year, and represents a $448.03 million investment by Petrogas.

13 Jan 2016

Singapore Jascon 18 Arrest "Without Merit"

Sea Trucks Group tells Ship & Bunker the vessel was also sold in March 2015 to new owners who are independent of Sea Trucks.

13 Jan 2016

Heavy Volatility as Crude Futures Fall Further

Since the new year we have witnessed front month contracts soften by more than 15%.

12 Jan 2016

Oil Falls Under $30 a Barrel

"Market sentiment has shifted so far that it's self-fulfilling," analyst says of today's slide.

12 Jan 2016

Panama Canal Construction Consortium Facing Criminal Investigation

A complaint of fraud has been filed by the National Bar Association.

12 Jan 2016

First Large LNG-Fuelled Bulkers Also First to be Built to New DNV GL Rules

ESL Shipping's two newbuild 25,600 DWT dual-fuelled bulk carriers will be the first vessels constructed to the new DNV GL rule set.

12 Jan 2016

Turkish Owned Bulkers to Be Sold after South African Arrest

The two vessels, Zeynep K and Sadan K, which were arrested in December, are slated to be sold at auction on January 12.

12 Jan 2016

Sharp Drop of Almost 25% for Asia-Europe Box Rates

Container rates on Asia to Northern Europe routes fell to $932 per TEU in the week ending last Friday, a 24.4 percent drop from the previous week.

12 Jan 2016

More Bad News for Dry Bulk: Baltic Dry Index Falls to ANOTHER Record Low of 415

The news means that the dry bulk sector's key benchmark has been at a fresh record low on five of the six reporting days of the year so far.

12 Jan 2016

Star Bulk Faces NASDAQ Delisting

Star Bulk says it received a letter from NASDAQ dated December 6 notifying of its failure to meet the minimum $1 bid price requirement.

12 Jan 2016

Fuel Oil Emulsion Trial Shows 3-5% Bunker Savings

The trial is said to have shown a fuel savings potential of 2 million litres per year for the former the Interislander ferry Arahura.

12 Jan 2016

Double Hire for Cockett Marine Oil in Singapore

The appointments will help CMO "to continue to develop its business in the Asian market, especially in Japan," says COO Cem Saral.

12 Jan 2016

Another Big Slide for Crude Futures

The outlook for oil is extremely bearish as we near the Iran deal.

11 Jan 2016

Industry Insight: Hapag-Lloyd Explains How a Vessel Switches to Low Sulfur Fuel When Entering an ECA

The procedure is more complicated than you might expect.

11 Jan 2016

Market One Step Closer to Further Price Drops With Iran Just "Days Away" From Having Sanctions Lifted

U.S. secretary of state John Kerry says "we are days away from implementation, if all goes well."

11 Jan 2016

ABS and MARIC Pen Partnership Agreement for Ship Efficiency

The strategic cooperation agreement is intended to improve offshore and marine sector operational efficiency and environmental performance.

11 Jan 2016

Ferry's Bunker Saving Solar System Recognised With Energy Efficiency Award

The silver award was given the award for the Blue Star Ferries Innovative Renewable Energy Sources plan.

11 Jan 2016