All News

Ship Emissions Reduction System Recognised with Award

Topsoe's emission-reducing solution was awarded the 2014 Danish Engineering Product Award.

3 Dec 2014

Emissions Reduction Firm Expands into Europe

U.S. emissions reduction technology firm Triton has created a new Swedish subisdiary as it eyes the European market.

3 Dec 2014

Hapag-Lloyd and CSAV Complete Merger

The companies cleared the last of its regulatory hurdles earlier this week.

3 Dec 2014

New ECO Cruise Liner Promises Significant Bunker Savings

Seabourn's new luxury cruise ship is the second order from Fincantieri.

3 Dec 2014

Gas Company Invests $5 million in LNG Ferry Project

Canada's FortisBC will invest in 2 LNG-capable ferries.

3 Dec 2014

Crude Prices Resume Downward Slide

Iraqi and Kurdish governments have reached an agreement that sets the stage for an increase in supplies.

2 Dec 2014

Bunker Detectives Establish Subsidiary in Panama, Eyes Further Expansion into Middle East Bunkering Market

"The goal is now to capture the Middle East bunkering market by establishing an office perhaps in Dubai or Fujairah," says CEO Kaivan Chinoy.

2 Dec 2014

Cash Rich Companies Have Clear Advantage in Singapore Following OW Bunker Exit

World Fuel Services, Sentek Marine and Trading, Transocean Oil and Searights Maritime are speculated to have benefited.

2 Dec 2014

3 Arrested Over Singapore Bunker Theft

Three of ship's crew in court over alleged theft of $43,700 worth of marine gasoil.

2 Dec 2014

ICS: Shippers Totally Committed to 2015 ECA Rules, but Consistency in Enforcement Needed

There is "no reason to suggest there will not be full compliance" with new 2015 Emissions Control Area (ECA) rules," says ICS.

2 Dec 2014

Barbados Port to Give Incentives to Fuel Efficient Vessels

The port will team up with ship vetting company Rightship.

2 Dec 2014

Fuel-Saving Wind Propulsion System to Start Sea Trials

Norsepower Oy will test their system aboard Bore Ltd's M/V Estraden.

2 Dec 2014

Turkish Bunker Supplier Launches Second Barge Fitted with Mass Flow Meter

The M/T Kalamis-E is the second "new generation" bunker barge to be launched by Turkey's CYE Petrol with an onboard MFM system.

2 Dec 2014

ICS: Lowering SOLAS Flash Point Limit is "Highly Controversial"

Lowering flash points is "highly controversial...with the potential for catastrophic explosions and loss of life," says ICS's Simon Bennett.

2 Dec 2014

Caterpillar Claims World's First In-Hull LNG Retrofit

Caterpillar has successfully completed the world's first in-hull dual-fuel engine retrofit.

2 Dec 2014

Oil Rebounds, but Bunkers Dip Below $400 MT

It remains to be seen how long low oil prices will be sustained, as such buyers should take opportunity when they have it.

1 Dec 2014

KPMG: OW Bunker Collection Pact Does Not Extend to Singapore Subsidiaries

Clarification comes after Pricewaterhouse Coopers says it will pursue all global receivables assigned and charged to ING.

1 Dec 2014

New BIMCO Clause Aims to Avoid Ship Arrests by Suppliers Over Unpaid Bunker Bills

BIMCO said that it "is a provision with some teeth."

1 Dec 2014

Møller-Pedersen Text Message Exchange Before OW Bunker Collapse is Revealed

The CEOs of Dynamic Oil Trading and OW Bunker exchanged messages about exposure to Tankoil Marine Services days before OW Bunker collapse.

1 Dec 2014

Oil Could Sink as Low as $55 per Barrel, Pushing Bunkers Under $300 per MT

Prices, however, should quickly rise to consolidate at $75-80 per barrel, he said.

1 Dec 2014