All News

ABS Releases Advisory for Shipowners Considering Scrubbers
The classification firm says owners must look at regulations, various technologies, and their specific operational plans.
2 May 2013
Keystone XL Pipeline Faces Delays
The Canada-U.S. pipeline will not begin construction until late 2015 as the U.S. debates the project.
2 May 2013
EU Mulls New Rules on Maritime Disasters
MEPs say the proposals would make it easier to prosecute and demand compensation.
1 May 2013
WFS Q1 Marine Income Down Despite Increased Volumes
CEO Michael Kasbar said the marine market "continues to present a formidable challenge."
1 May 2013
Seaspan Reports Increased First Quarter Revenue, Profits
The company has been focused on boosting its financial position with new fuel-efficient ships.
1 May 2013
MOL Widens Net Loss on Reform Initiative
The company says global economy, vessel oversupply hurt the industry over the past year.
1 May 2013
Record Scrapping of Less Fuel Efficient Vessels Points to Market Improvement
Navios Maritime Partners says it is "uniquely positioned" to take advantage of upswing in 2013.
1 May 2013
South China Fuel Oil Imports Expected to Rise Over 29% in April
All of the imports were said to be mixed/cracked fuel oil from Singapore.
1 May 2013
Wrist Group Being Broken Up For Sale
Danish media reports say owners Altor have already had "several inquiries" from interested buyers.
1 May 2013
Daily Bunker Price Report, Tuesday April 30, 2013
The majority of bunker prices in the world's key ports all fell over the course of the month.
30 Apr 2013
KPI Bridge Oil Appoints Vice CEO for the Group
The round of promotions also sees Jesper Rasmussen appointed Managing Director for its North American operations.
30 Apr 2013
Scorpio's Fuel-Efficient Tankers Earn a "Significant Premium"
The company's revenues rise 54 percent as it swings to a profit for the first quarter of 2013.
30 Apr 2013
Dan-Bunkering Appoints Managing Director for its Forthcoming Dubai Office
Kasper Fulton has been with the company for 17 years, and the office will open in July.
30 Apr 2013
Petredec Orders Eco-VLGCs
The gas trader says the new vessels will improve its efficiency and help it meet growing demand for LPG transport.
30 Apr 2013
"Unusually High" Number of Bunker Spills at UAE's Saqr Port
A P&I club is warning its members to use special caution when bunkering vessels at the port.
30 Apr 2013
Chinese Shipbuilders "Very Interested" in LNG Fuelled Vessels
Lloyd's Register and Wärtsilä teamed up to share technical and safety information with Chinese clients.
30 Apr 2013
Total Expanding South African Blending Plant
The company calls the investment a "major vote of confidence in South Africa" and other southern African countries.
30 Apr 2013
Daily Bunker Price Report, Monday April 29, 2013
The week starts with firming prices as crude resumed its climb.
29 Apr 2013
60% Stake in Harley Marine Services Up for Sale
Australian investment bank Macquarie Group and California-based Laurel Crown Partners aim to complete the sale by July.
29 Apr 2013
Sit Kwong Lam Increases Brightoil Shareholding
As of April 24, 2013 the Chairman and & CEO's shareholding is approximately 74.84 percent.
29 Apr 2013