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Skuld: New ECA Rules Have Teeth, Enforcement Will Be Rigorous

"There should be no doubt as to very serious and committed approach that will be taken towards enforcing the limits," says Skuld.

GAC Bunker Fuels Makes Double Hire in Dubai

The new hires follow the passing of its ISO 9001 audit for marine fuel and lubricants trading and brokerage.

Bunker Holding Group Hires Former OW Manager

Kristian Kent Hughes will be the new manager of operations and projects.

Dan Bunkering Adds Traders in Monaco, Middelfart

"Mathias is an excellent fit to our team in Monaco as we continue our expansion," says Dan Bunkering.

Oil Markets See Little Direction on Thursday

It remains to be seen how long the speculators can hang on, but we do not think the bottom is here yet.

Weekly Vessel Scrapping Report: 2015 Week 4

Weekly Vessel Scrapping Report: 2015 Week 4

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from Jan 22 - Jan 28, 2015.

Drewry: Shipping Alliances Mean Greater Choice, Lower Freight Rates

Changes "will give shippers even more choice and likely suppress freight rates" on East-West routes, says Drewry.

Barclays: We Expect to see Further Downside to Prices in the Next Few Months

"Both WTI and Brent [are] likely to trade into the high $30s before the oil price decline is arrested," says Barclays.

IMO to Amend Scrubber Guidelines to Help Shippers Meet Sulfur Rules

"An initiative like this one is a major step in the right direction," making sulfur compliance easier for shippers, says DMA Director General.

Wärtsilä to Provide Propulsion Solution for 3 "Trend Setting" Dual-Fuel Tugs

The new escort tugs will primarily burn LNG bunkers when they enter operation at Statoil's Melkøya terminal in Norway.

New Ultra-Low Sulfur Diesel Supplier Enters Louisiana

Tauber Oil Company will operate a 30,000-barrel-capacity barge out of West Calcasieu Port.

Evergreen to Charter 11 Bunker-Saving 18,000 TEU Box Ships

The new ships' main engines feature a longer stroke than those being replaced and will burn an average of 7 percent less bunkers.

Polish Port to Receive EU Funds to Prepare for LNG Bunkering Facility

The project will also help pay for infrastructure upgrades at a Swedish port.

Skuld: Slide in Oil Prices Could Cause More Shipping Accidents, Claims

Profits in the third quarter of 2014 came under pressure from an increase in medium-sized claims.

Glander International Bunkering Welcomes New Senior Trader in Dubai

"Christoffer brings new cultural knowledge and experience to our firm," says CEO Christoffer Berg Lassen.

Crude Down as inventories Hit at Least an 80-year High

There is too much downward pressure on any slightly supportive news for oil.

India Mulls End to Bunker Duty and Penalties for Ship-breakers

India's DGFT could put an end to duty and penalties incurred by ship-breakers on bunkers left in tanks on ships received for scrapping.

Goldman Sachs Predicts $30 Oil, Slump to Continue

"We're probably in the lower, longer view," says Goldmans President, predicting the oil price will continue to fall.

New Greek Government Halts Sale of Piraeus Port

"The COSCO deal will be reviewed to the benefit of the Greek people," says new Deputy Minister for shipping.

Analysts Continue to Have Confidence in Aegean Performance

Zacks has upgraded the company's shares to "outperform" suggesting an upside of 9.5 percent on current prices.

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