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Crude Prices Weaken as Inventories Rise, and Demand Lowers
WTI dropped $1.59 to settle at $99.22/bbl, while Brent came back $0.30 to end the session at $109.64/bbl.
21 Oct 2013
LNG Bunker Developments "Moving Fast in North America"
The drivers and plans to make it happen are "all looking good," says Lloyd's Register manager.
21 Oct 2013
LNG Shipping Deal for Indian Companies
A consortium including SCI will lease a carrier to Petronet LNG to import LNG from Australia.
21 Oct 2013
Five Arrested for Selling Bunkers to Detained U.S. Vessel
Ship owner says it may have been the victim of local violations of the Essential Commodities Act.
21 Oct 2013
European Ports Grow to Accommodate Triple-E Ships
Rotterdam, London and other ports are expanding and adding larger cranes to allow for large vessels.
21 Oct 2013
U.S. Judge Authorises $500,000 in Bunker Payments for Arrested TMT Vessel
The payments are part of $1.8 million in authorised spending to restart Panama-flagged bulk carrier M/V A Duckling.
18 Oct 2013
Second GDMA Official Charged in Bunker, Services Fraud Scandal
The company officials allegedly worked with U.S. Navy personnel to inflate fuel prices.
18 Oct 2013
Maritime Academy Gets $1.4 for Emissions Reduction R&D
"The Academy...has the knowledgebase needed to develop emissions reductions and efficiency solutions for marine diesel engines."
18 Oct 2013
Turbocharger Promises Big Bunker Savings
The technology, created by MHI and Calnetix, can optimise efficiency during slow steaming.
18 Oct 2013
Chinese Fuel Supplier Regains NASDAQ Compliance
Andatee's stock price rose back up over the stock market's minimum this fall.
18 Oct 2013
Southeast Asia Distributor Chosen for Fuel Management System
OSV industry is growing in the region and needs more fuel efficiency data, distributor Mustang Technologies said.
18 Oct 2013
Crude Markets Slide After Initial Rally
WTI dropped $1.62 to settle at $100.67/bbl, and Brent fell $1.48 to end the session at $109.11/bbl.
17 Oct 2013
Retrofits as Good as Eco-Newbuilds at "Fraction of the Cost"
Tanker company says more scrapping and an end to new vessel orders is needed if the market is to rebalance itself.
17 Oct 2013
Strike Shuts Baltimore Terminals
Closure affects imports of cars, arbitration scheduled for Friday.
17 Oct 2013
Stena Oil: Government Tried to Sell Oil Illegally in West Africa
The oil company is accusing São Tomé of trying to sell $7.5 million in cargo from a ship seized in March.
17 Oct 2013
"Most Sophisticated" Marine Emissions Monitoring System Delivered
The system promises to measure nine emission types, including benzene and nitrous oxide.
17 Oct 2013
Tricks of the Bunker Trade: Magic Pipes, Concealed Bunkers, and 221B Surveys
Tricks of the Bunker Trade: Magic Pipes, Concealed Bunkers, and 221B Surveys
To find concealed fuel someone qualified has to go on board the vessel and get their hands dirty...
17 Oct 2013
Tanker Feared Hijacked After Departing Singapore Laden with MGO
Authorities warn the vessel may have been renamed, repainted, and had its IMO number changed after going missing off the coast of Malaysia.
17 Oct 2013
RightShip Appoints New Vice President, Americas
Anuj Chopra joins the ship vetting specialist effective October 7, 2013.
17 Oct 2013
Singapore Energy Co Picks CEO from Fuel Division
Expanding the business through tank leasing with "take the group to the next level of growth," chairman says.
16 Oct 2013
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