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HSH Nordbank May Scrap 40 Seized Vessels
The bank is seeking deals to sell most of the 1,100 vessels its restructuring unit has taken from indebted owners.
14 Oct 2013
U.S. to Be Second-Largest Oil Producer in 2014
The nation's shale oil production will push it above Russia, could lead to glut in Gulf of Mexico.
14 Oct 2013
Fathom Spotlight: The Potential of Wind Power
A look at the existing 'knowledge gap' in relation to the potential of wind power technology.
14 Oct 2013
Rosneft Plan Would Leave Russia with Three Bunkering Players
Igor Sechin's letter making the proposal is said to include errors about the size and nature of independent suppliers.
11 Oct 2013
Two Eco-Design Chemical Carriers Ordered
"They will be delivered at a time when we expect the markets to have strengthened considerably."
11 Oct 2013
Four Orders for Fuel-Saving Handysize Vessels
The ships will be built in China for China Navigation Co., bringing its orders of the bulkers to 16.
11 Oct 2013
Maersk: Arctic Shipping "Not a Short-Term Opportunity"
CEO Nils Andersen says significant use of Arctic routes for commercial shipping will take 15 to 20 years.
11 Oct 2013
New Hire at Dan-Bunkering Dubai Office
New bunker trader Mohamed-Elghali (Rali) Bara brings the location to eight employees.
11 Oct 2013
Crude Up as U.S. Makes Headway On Increasing the Debt Limit
WTI ended the day up $1.40 settling at $103.01 while Brent jumped $2.72, settling at $111.78.
10 Oct 2013
Study: Low-Sulfur Rule has Dropped Pollution at U.S. Port
A California law has resulted in a 3 percent reduction in PM 2.5 contamination around the Port of Oakland.
10 Oct 2013
Biogas Ferry Planned for Denmark
The SamsoFaergen will help the island of Samsø in its efforts to eliminate the use of fossil fuels.
10 Oct 2013
Russian Authorities OK Some Offshore Bunkering
A Central Energy Customs official now says certain suppliers are allowed to handle the refuelling.
10 Oct 2013
Seattle-Based Cruise Ships a Priority for Scrubbers
Carnival Cruises says Alaska cruises "were carrying a disproportionate burden" of ECA regulations.
10 Oct 2013
Buckeye Buying Hess Terminal Network for $850M
The U.S. company is expanding its East Coast and Bahamas presence as Hess focuses on oil production.
10 Oct 2013
Tricks of the Bunker Trade: Dealing with Bunker Disputes
Tricks of the Bunker Trade: Dealing with Bunker Disputes
In case of the event of a short fuel delivery, remember that time is of the essence.
10 Oct 2013
Container Lines Will Save $5.5B on Their Bunker Costs in 2013
Source of savings include lower bunker prices, vessel slow steaming, and the introduction of more fuel-efficient ships.
10 Oct 2013
Bunker Testing Agency Expands Global Coordination Centre
Intertek ShipCare says the upgrades are designed to better support the company's international marine services business.
9 Oct 2013
Crude Prices Fall as U.S. Inventories Rise
WTI ended the day down $1.88, settling at $101.61 while Brent closely followed suit ending down $1.10, settling at $109.06.
9 Oct 2013
New "Niche" Bank to Fund Fuel-Efficient Newbuilds
The institution would seek to bring financing business back to Europe from Asian lenders.
9 Oct 2013
Maersk Line Could Lose Largest Container Line Title
MSC is "well positioned to take over the lead carrier position."
9 Oct 2013
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