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US Shipper Orders Largest Ever Dual-Fuel Engines for Containerships

The high-efficiency engines will be capable of running on HFO, MDO, or LNG, MAN Diesel says.

Brazilian Shipbuilder OSX Files for Bankruptcy

The shipbuilding arm of Eike Batista's conglomerate was dependent on sister company OGX, which has also filed for bankruptcy.

Port of Oakland Completes New Shore Power Infrastructure

The California port says it has reduced PM emissions 70% and its new shore power infrastructure will further reduce pollution.

GAC: Bunker Trade has Become More Complicated

Global Director of GAC Bunker Fuels Nicholas Browne says to be successful, traders must be sure that their clients can and will pay up.

O.W. Bunker Stock Listing Could Value Supplier at $895 Million

But Altor partner Soren Johansen says a final decision has yet been made.

Dynamic Oil Trading Makes Double Hire in Singapore

Jack Hu was previously a bunker trader in Shanghai, Sunny Lu Sun joins from Maersk Singapore.

Shipping to Become Increasingly Important in Singapore

"I think more maritime and shipping activity will be coming to this side of the world," said Pacific International Lines' managing director.

OW Bunker: Significant Hedging Opportunities in Current Bunker Market

Supplier says for 2014 it expects to see more hedging and the use of multiple hedging instruments to balance risk.

Crude Markets Start the Week Moving Up

WTI rose $0.54 and settled at $95.14, while Brent gained $1.28 to end the session at $106.40.

"Very Big" Market Coming for LNG-Fuelled Ships

VP of Crowley division says the fuel creates engineering challenges.

Dubai Firm Re-enters Shipping Market with Fuel-Efficient Vessels

The six new ships will be placed on long-term charter with an oil major, Tristar said.

UK Groups Investigate New Bunker Fuel with No Sulfur Emissions

The alliance says Glycerol fuel could replace diesel with little retrofitting, reducing emissions.

Dry Bulk Shipper Plans Fuel-Efficiency Upgrades

Baltic Trading will spend about $250,000 per vessel to increase ships' future earnings potential.

FCS: Unprecedented Size of P3 Alliance Raises Regulatory Concerns

Federal Maritime Commission says P3 is "unique both in size and scope."

Under Investigation China COSCO Exec Resigns

Some reports say a former COSCO Group chairman has been prevented from leaving China.

U.S. Puts $1.4M Toward LNG Bunker Projects

The funds will help convert a Horizon Lines ship to run on LNG and support a DNV study.

Cruise Operator Reports Big Jump in Profits Despite Rising Bunker Costs

Regent Seven Seas Cruises achieved record revenues in Q3 and boosted its profits 57%.

Ten More Orders for Scorpio Bulkers

The ships, ordered from two Chinese shipyards, will cost a total of $278 million.

Profits Jump for MISC on Floating Production System Income

The company's revenues held steady while reducing its expenses with smaller petroleum and chemical fleets.

Tricks of the Bunker Trade: Tank Soundings to Detect Bunker Fuel Concealment

Tricks of the Bunker Trade: Tank Soundings to Detect Bunker Fuel Concealment

Always use own sounding tape and a ruler to report exact sounding or ullage.

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