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CMA CGM Seeking New Partners
The French carrier may deepen ties with CSCL and UASC to compete with Maersk Line and MSC.
21 Jul 2014
Antwerp to Get Permanent LNG Bunkering Station
The port, which now offers truck-to-ship bunkering, will have the permanent station by the start of 2016.
21 Jul 2014
VPS Wants to Expand in Bunkering, Shipping Sectors
The company's separation from DNV offers new opportunities for growth.
18 Jul 2014
Nigeria Plans State Owned Bunkering Business
"This is a huge business we were not taking advantage of."
18 Jul 2014
Hapag-Lloyd Warns of 50-100% Premiums to Cover 2015 Low-Sulfur Costs
"The new low sulphur fuel regulations will result in extensive increases in bunker costs," the company says.
18 Jul 2014
Five Banks Left in TORM Negotiations
The companies are reportedly meeting frequently with equity funds and other potential investors.
18 Jul 2014
LNG Retrofits Planned For Canadian Ferries
The ships will be converted in 2016 and 2017 in a bid to control fuel costs.
18 Jul 2014
Bunker Prices Jump as Oil Prices Increase
With potential geo-political problems once again coming to a head we could see a serious increase in prices.
17 Jul 2014
Weekly Vessel Scrapping Report: 2014 Week 29
Weekly Vessel Scrapping Report: 2014 Week 29
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from July 10th - 16th, 2014.
17 Jul 2014
Brightoil Looking to More Upstream Activity
The company is in negotiations to buy more oil production assets as it completes its Bohai Bay acquisition.
17 Jul 2014
Commodities Giant Eyes Egypt Bunkering
Trafigura Beheer is considering forming a joint company that would provide fuelling ships and LNG supplies.
17 Jul 2014
LR to Class New LNG Ferries for BC Operator
The ships, ordered from Remontowa Shipbuilding in Poland, will reduce fuel costs.
17 Jul 2014
Singapore 2014 H1 Bunker Sales On Par with Last Year
Bunker sales in June 2014 were down 3.00 percent year-on-year to 3,373,800 metric tonnes.
17 Jul 2014
2,500 mt of MGO Stolen as Bunker Pirates Strike Again in Malacca Straits
"This is the ninth attack in these waters recently," says Piracy Reporting Centre head.
17 Jul 2014
WTI Heads Skyward as US Crude Supplies Plummet
The market was not as bullish on Brent as investors remain weary of the increase in supplies coming out of Libya.
16 Jul 2014
Brightoil Founder Sit Kwong Lam Steps Down as CEO
Yung Pack Keung Bruce replaces Sit Kwong Lam in the leadership role, effective today.
16 Jul 2014
Court Ruling Sees Bunker Supplier Force Tanker Company into Restructuring
Nanjing Tanker was said to have been unable to pay RMB19.45 million ($3.13 million) in bunkering fees.
16 Jul 2014
U.S. Navy: Biofuel Costs Comparable to Conventional Fuels
Official estimate for the drop-in marine and aircraft fuels is "under $3.50 a gallon."
16 Jul 2014
ExxonMobil Antwerp Refinery Upgrade Will Make More Low-Sulfur Fuel
Analyst says the move will also strengthen the competitive position of Exxon's other refineries in Europe.
16 Jul 2014
Award for Modular LNG Bunkering System
KAMINCO USA received the NAFS award for the scalable "cryobox" system.
16 Jul 2014
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