All News

Singapore Sized Iceberg "Could Threaten Shipping"
If the iceberg moves through the Drake Passage it would enter into international shipping lanes.
15 Nov 2013
Maersk: Newer Tipple-E's Will Use Less Fuel
DSME engineers said the vessels are a "work in progress" and the first Triple-E won't look the the same as the last.
15 Nov 2013
Bunker Prices Stable as Crude Markets Make Mixed Movements
WTI settled down $0.12 at $93.76/bbl, while Brent pushed $1.42 higher, ending the session at $108.54/bbl.
14 Nov 2013
U.S. Shipyard Building "LNG-Ready" Product Tanker
Seabulk Tankers ordered the vessel, which will be Jones Act certified to operate between U.S. ports.
14 Nov 2013
Clean Marine Proving Scrubbers for VLGC
Contract "signals a growing demand" for the EGCS solution.
14 Nov 2013
AP Møller-Maersk Profits Up 23% in Q3
Maersk Line's increased efficiency and lower bunker prices contributed to the improvement.
14 Nov 2013
Aegean Results Down as Company "Streamlines" Expenses
The company reduced some assets over the past year while gearing up other parts of the business.
14 Nov 2013
New Bunker Terminal Planned for Mumbai
Port Chairman Rajeev Gupta the time is right for a facility in Mumbai.
14 Nov 2013
Singapore, Antwerp, Zeebrugge Join Force for LNG Bunkering
The ports have agreed to work together to "facilitate the development of global standards."
14 Nov 2013
Maersk: No Commercial Cooperation in P3 Network
Yang Ming CEO says no alliance should represent more than 30% of the global market.
14 Nov 2013
WTI, Brent Both Make Gains on Wednesday
WTI climbed $0.84 by settlement to end the session at $93.88/bbl, while Brent gained $1.31 to settle at $107.12/bbl.
13 Nov 2013
New York Listed Ardmore Says Eco-Ships Helped Q3 Revenue Jump
The company lost money again despite doubling its revenues.
13 Nov 2013
Wärtsilä Introduces "Game-Changing" Dual-Fuel Engines
The two-stroke engines promise LNG capacity for more vessel types.
13 Nov 2013
Risk Management:  Why You Should Hedge Bunkers in Today's Market
Risk Management: Why You Should Hedge Bunkers in Today's Market
Hedging exposure to fuel prices allows executives to focus their time on what they do best, running their company and securing its competitive edge.
13 Nov 2013
Hapag-Lloyd: Bunker Prices High, Freight Rates Clearly Too Low
"Irrational" rate drops in October "totally incomprehensible," board chair says.
13 Nov 2013
Singapore Set to Become Asia's LNG Trading Hub
Qatar and other exporters likely to benefit from increased imports to Asia.
13 Nov 2013
LNG Import Plant Planned for Fujairah
Developer EmiratesLNG says the terminal will help it become a "key player" in LNG.
13 Nov 2013
Bomin Expands Singapore Team
Richard Mills joined as a Bunker Trader effective Monday.
13 Nov 2013
Bunker Prices Soft as WTI Drops to Lowest Level Since May
WTI plummeted $2.10 today, ending the session at $93.04, the lowest level since May, while Brent dropped $0.59 by day's end to settle at $105.81.
12 Nov 2013
Aegean to Buy Hess' US East Coast Bunkering Business for $30 million
The acquisition marks Aegean's entry into the U.S. supply market.
12 Nov 2013