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Why Hedge Bunkers: Attracting Quality Investors & Taxpayer Protection
Why Hedge Bunkers: Attracting Quality Investors & Taxpayer Protection
The third installment of our series on bunker hedging will focus on the final two major reasons why you should hedge bunkers in today's market.
27 Nov 2013
Annual Singapore Bunker Sales Bounce Back
By June, sales were down 4% year-on-year, but a strong performance over the last 2 months has closed the gap.
27 Nov 2013
Experienced Trader Joins Rudder in Singapore to Focus on Asian Growth
Madeline Lee joined Rudder Pte Ltd., Singapore effective November 11 2013.
27 Nov 2013
Bomin Looks to Support Japanese Growth
New hire Kimihiko Miyazaki joins as Bomin Japan Representative in Hong Kong.
27 Nov 2013
Titan Announces "Last Chance" Restructuring Plan
CEO Tang Chao Zhang says Wednesday's meeting may be the final opportunity for creditors to accept a deal before the company is liquidated.
27 Nov 2013
P3 Partners, Other Major Carriers, Add Market Share in Q3
The carriers' apparent focus on "market share, rather than self-preservation" is "curious," Drewry writes.
27 Nov 2013
Crowley Orders World's First LNG-Powered ConRo Ships
The vessels will be used to transport containers and vehicles to Puerto Rico.
27 Nov 2013
Tuesday Oil Markets Settle in the Red
WTI fell $0.41 to settle at $93.68/bbl while Brent settled at $110.68/bbl, down just $0.12.
26 Nov 2013
P&I Club Issues Reminder on 2014 California Bunker Rules
West of England P&I reminds members to switch to lower-sulfur fuel in the state's waters starting January 1, 2014.
26 Nov 2013
Busan Bunker Sales Expected to Drop Amid Run Cuts, Tight Supply
S-Oil was said to be the only firm able to supply spot customers today.
26 Nov 2013
U.S. Operator Plans LNG Conversion for Six Ferries
Washington State Ferries has submitted its plans for the conversion to the U.S. Coast Guard for approval.
26 Nov 2013
Press Release: World's Leading Gas Industry Event hits Korea in 2014
Over 300 local and international exhibitors will showcase their products and services at Gastech Exhibition in Korea next year.
26 Nov 2013
New Platform Launched for Buying and Selling Bunkers
The new website connects bunker sellers to bunker buyers around the world.
26 Nov 2013
Fatal Explosion Disrupts Sinopec Operations
The pipeline explosion at Qingdao on Friday killed 55 people.
26 Nov 2013
First German-Flagged LNG-powered Vessel Planned
The ferry will operate between Cuxhaven and Helgoland, with a cruising speed of 20 knots.
26 Nov 2013
Iranian Crude News Pushes Down Oil Markets
WTI fell $0.75 to end the session at $94.09/bbl, while Brent recovered from early losses to settle down just $0.05 at $111.00/bbl.
25 Nov 2013
US Shipping Lines Deny Fraudulent Bunker Surcharge Claim
U.S. government says Horizon, Matson added a bunker surcharge to portions of shipments moved by rail.
25 Nov 2013
Russian Refinery Upgrades will "Starve" Europe of Heavy Fuel Oil
A shift to production of more expensive products will challenge European refineries.
25 Nov 2013
New Russian Far East Supplier Wants a "Civilised" Bunker Market
FESCO-Bunker began operations in April and has now joined Industry Group Rosmorrechbunker.
25 Nov 2013
Shipping Lines Come Under Antitrust Investigation
European regulators say public rate change announcements may violate rules on collusion.
25 Nov 2013