All News

Industry Insight: Russia's LNG prospects

Vitaly Chernov, Editor-in-Chief at Russian market specialists IAA PortNews says LNG plants would be better built in Saint-Petersburg.

5 Nov 2013

Titan to Present "Final" Restructuring Plans

If the plan fails, creditors may be left with just 5 to 10 percent of what they are owed, Titan's executive director says.

5 Nov 2013

New Northeast Russia LNG Plant Could Start Construction in 2015

Rosneft and ExxonMobil are developing the project on the island of Sakhalin, already home to one LNG plant.

5 Nov 2013

MPA Approves Mass Flow Meters for 2 Singapore Bunker Tankers

ExxonMobil says the systems save time and ensure that the right quantity of bunkers is delivered.

5 Nov 2013

Small Gains for Crude as Libyan Production Continues to Struggle

WTI gained just $0.01 to settle at $94.62/bbl, while Brent rose $0.32, settling at $106.23/bbl.

4 Nov 2013

Social Media: Don't Miss The Boat

Maersk Line and Carnival Cruise Lines are two maritime companies that have embraced social media.

4 Nov 2013

Bunkers Account for 85% of VLCC Voyage Costs

Maersk Tankers is using "super slow steaming" and retrofits to improve engine efficiency.

4 Nov 2013

Eco-Ship Deals Help Seaspan to Increased Profits

The company said its SAVER design is helping it partner with major liner companies.

4 Nov 2013

NYK Line Returns to Profit, Says Bunker Prices Fell 9%

The company also reported a variety of efforts to reduce fuel consumption, including slow steaming and navigation technology.

4 Nov 2013

Ballast Water System Market will Grow "Explosively"

Danish company plans sales of "completely unique" ballast water system in 2014.

4 Nov 2013

Dan Bunkering Hires New Trader

Thomsen comes to the company after 12 years with a shipping company.

4 Nov 2013

New Low-Sulfur Supply Planned for East China

Citing anticipated demand, Sinopec Zhoushan plans to begin selling the bunkers in Q1 2014.

4 Nov 2013

Concerns Raised Ahead of New California Shore-Power Regulation

But ARB says if vessel operators have tried their best to comply, they shouldn't be worried about major penalties.

1 Nov 2013

Arctic Ice Coverage: What's Really Happening, and What Does it Mean for Shipping

Having recently returned from a 6 week voyage as Ice Navigator, Captain David (Duke) Snider looks at the reality of Arctic shipping.

1 Nov 2013

Tricks of the Bunker Trade: Falsifying Documentation

Checks should include calibration tables, BDN Records, fuel consumption records, and the oil record book.

1 Nov 2013

Singapore's Dynamic Oil Trading Plans Further Expansion in 2014

CEO Lars Møller says Dynamic had a very positive first year.

1 Nov 2013

The Business Case for LNG Bunkers

Oil & Gas IQ's Tim Haidar talks to Ed de Jong, Business Development at G.C.M. Deen Shipping.

1 Nov 2013

UK Bunker Supplier Working on New Storage Tanks

Geos Group and the Port of Blyth say the facility could attract new oil, gas, and renewable energy activity.

1 Nov 2013

Increase in Ship Operating Costs Predicted

Respondents to Moore Stephens International survey say fuel costs are a concern.

1 Nov 2013

Crude Benchmarks Decline on Increasing Supplies, Weak Demand

WTI ended the session down $0.39 at $96.38/bbl, while Brent slid $1.02 to settle at $108.84/bbl.

31 Oct 2013