All News

Reports: Trafigura Signs 1 Million Tonne Bunker Deal with Rosneft

The deal also includes 2.9 million tonnes of 500 ppm sulfur diesel and 3 million tonnes of ultra-low sulfur .

14 Dec 2015

Bunker Prices Set to Remain Under Pressure as IEA Notes First Signs of a Slowdown in Global Oil Demand

IEA predicts that global inventories will build until at least late 2016, but at a much slower pace than what occurred in 2015.

14 Dec 2015

CSS AIP for GTT LNG Bunkering Ship Cargo Handling System

"Our cooperation in China is growing throughout the years," says GTT.

14 Dec 2015

Fitch Ratings: Low Bunker Prices Insufficient for Recovery, 2016 Shipping Outlook Revised to Negative

Fitch Ratings has revised its 2016 outlook for shipping to negative from stable on lower freight rates resulting from emerging markets weakness.

14 Dec 2015

Hempel Launches Innovative New Bunker Saving Fouling Release Coating

Hempasil X3+ is said to trick organisms into believing the hull is liquid, and not a solid structure.

14 Dec 2015

Ship's Captain Arrested Over Black Market Bunker Scam

Mumbai police say they have arrested Shamshul Bakhri, the Indonesian captain of cargo ship Kresh Jade, and the seventh person arrested in the case.

14 Dec 2015

Cosco, China Shipping Merger Approved, Will Create Fourth Largest Box Carrier

Details of the merger released Friday show the deal to be far more ambitious than some had thought.

14 Dec 2015

New London-Based Senior Bunker Broker for LQM

Lykourgos Theodorou joins the bunker player effective today, December 14, 2015, in the role of Sr. Broker.

14 Dec 2015

New Trader for Dan-Bunkering in Singapore

Ravish Chada's appointment was effective November 1, 2015.

14 Dec 2015

Still No Mention of Shipping in New Thursday Draft of COP21 Climate Deal

The European Union says it betrayed "unacceptable levels of low ambition."

11 Dec 2015

New LR Standards For Low-Flashpoint Fuels To Cover LNG Bunkers, Others

Lloyd's Register has announced a new notation for low-flashpoint fuels, to regulate the growing number of vessels carrying liquefied gases in bulk.

11 Dec 2015

Excluding Shipping from COP21 Deal Won't Stop Industry Progress On Emissions: ICS

Inclusion of language on shipping emissions would be useful but not critical as part of UN climate change talks, says The International Chamber of Shipping.

11 Dec 2015

ECSA Wants EU to Invest in Bunkering Infrastructure for Alternative Fuels

Call comes as part of its "16+1" proposals to boost the EU's shipping policy.

11 Dec 2015

VDR: LNG-Propelled Vessels Only Possible with State Support

German Shipowners' Association wants funding for LNG newbuilds and retrofits.

11 Dec 2015

China COSCO President Resigns, Singapore Subsidiary Warns of Loss

Jiang Lijun resigned as Executive Director and President for China COSCO, effective December 8, says the company.

11 Dec 2015

Bright Future for Bunkering at Indian Ports, Say Market Players

Bunkering and marine lubricants market in India needs better infrastructure and more pricing certainty to thrive, participants at a major conference said.

11 Dec 2015

ECSA Wants Shipping Back in COP21 Climate Deal

"We firmly believe that deleting any reference to shipping... is a missed opportunity," said Patrick Verhoeven, ECSA Secretary General.

11 Dec 2015

ReCAPP: Piracy, Armed Robbery in Asian Waters Down for Third Straight Month

ReCAPP report shows no reported incidents of piracy or tanker hijackings for the purpose of bunker theft during November, and a decline in armed robbery.

11 Dec 2015

Cosco, China Shipping Merger Gets Beijing Approval

Official announcement and details of the merger could be revealed before the end of this week.

11 Dec 2015

OPEC's Oil Output Hits Three-Year High

November's 31.695 million barrel per day total exceeds the anticipated 2016 demand for OPEC crude.

11 Dec 2015