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ISTFIX Black Sea & Mediterranean Freight Index Report: 2014 Week 11

Black Sea freight rates finally showed meagre improvement signs amid booming Western Mediterranean and Continent trade.

U.S. Refiner Selling New Ulta-Low Sulfur Distillate Fuel

The company says it can save Great Lakes operators money with the low-sulfur distillate.

Malaysian Port to Add Bunkering Facilities

Bintulu Port is also working to improve operations and open an industrial division.

New MD for Bomin Deutschland

Naming Mathias Berndt of OMB brings two divisions closer together, Bomin says.

Seaspan Receives First SAVER Design Eco-Ship

The 10,000 TEU vessel will be leased on Hanjin on a 10-year charter.

Crude Makes Mixed Movements on Thursday

WTI retreated $0.94/bbl settling at $99.43/bbl, while Brent gained $0.60/bbl, finishing the day at $88.83/bbl.

Weekly Vessel Scrapping Report: 2014 Week 12

Weekly Vessel Scrapping Report: 2014 Week 12

Stemmed a scrapped vessel recently? VesselsValue.com lists the demolition sales from March 13th to 19th 2014.

Modelling Software Drops Fuel Use by 5.8%

Ship operator Bore is expanding the use of Napa software to more vessels after successful trials.

SSA: Asian Industry Must Unite

"It is essential that the views of Asian ship owners are heard loud and clear."

Singapore Bunker Trader Reduces Business with Higher-Risk Customers

Cosco International subsidiary Sinfeng saw volumes and profit margins decline in 2013.

Evergreen "Significantly Reduced" Carbon Footprint with New Ships

The company took delivery of the 18th ship in its line of energy-efficient vessels.

First Asian Order for LNG-Only Tugs

"More operators will soon begin to opt for a cleaner, lower cost and smoke-free fuel solution."

Glander International Bunkering Expands Team in Singapore

Euwyn Tan has experience as a shipbroker and bunker trader in both the Taiwanese and Singaporean market.

Crude Down As Federal Reserve Talks Interest Rate Hikes

WTI ended the day down $0.76 at $100.46/bbl, while Brent dropped $0.94 to $105.85/bbl.

INTERCARGO: We Don't Burn Bunkers For Fun

Also speaking at the opening of CMA's Shipping 2014 conference, BIMCO President John Denholm says some environmental regs are unfair.

Second Guilty Plea in GDMA Scandal

Alex Wisidagama, general manager of the contractor and cousin of owner Francis, could face 10 years in prison.

German Shipper Adopts E-Learning for Energy Efficiency

The DNV GL course focuses on teaching captains and chief engineers skills to optimise energy use.

ClassNK Buying Software Maker Napa

The Japanese class society says the deal reflects the importance of software in ship efficiency.

Report: LNG Now a Serious Fuel Choice

Small-scale production is making the use of the fuel more practical for shipping, consultant says.

OW Bunker IPO by April 2

Sale of $20.5M in new shares could bring total market value to as much as $1 billion.

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