All News

Boat Sinks Spilling 10,000 Litres of Fuel in Thailand
The spill was five times as big as authorities initially estimated after the sinking on Friday.
28 Mar 2013
Hapag-Lloyd Calls off Hamburg Süd Merger Talks
Companies were said to have failed to agree terms.
27 Mar 2013
EPA Allow U.S. Coal Ferry to Keep Running
The SS Badger must stop discharging coal ash into Lake Michigan by the end of its 2014 season.
27 Mar 2013
Chevron Makes Deepwater Oil Discovery in Gulf of Mexico
The company says it is evaluating the discovery at a deepwater well off the Louisiana coast.
27 Mar 2013
"Good Time to Invest" as Shipping Confidence Highest in Two Years
Stephen Moore index finds the industry is looking toward a future of new investment in fuel-efficient vessels.
27 Mar 2013
Authorities Clean Up Yangtze River Bunker Spill
The spill was caused last week after CMA CGM Florida collided with the Panama-registered Zhoushan.
27 Mar 2013
Chancellor Says UK Will Make Shale Gas Happen
"Shale gas is part of the future, and we will make it happen," despite opposition from environmentalists, says George Osborne.
27 Mar 2013
India Issues Guidelines for Armed Security
The government does not endorse the use of private armed security companies, but calls for ship owners to use caution if they choose to use them.
27 Mar 2013
20% Rise in Singapore Low-Sulfur Demand Predicted
With the North American ECA in place, demand for the fuel could reach 60,000 tonnes per month this year, industry players say.
27 Mar 2013
Fredriksen Places $2.6 billion Bet on Fuel-Saving Vessels
The company says reducing fuel expenses will let it operate at charter rates that otherwise wouldn't cover costs.
27 Mar 2013
Eco Ships Not the Only Solution For Reduced Bunker Costs
Bibby chief executive Simon Barham says fuel-saving measures are needed for existing ships too.
26 Mar 2013
Scorpio Tankers Continues its Newbuilding Order Spree
The six additional product tankers mean the operator is now set to double its fleet by the end of 2014.
26 Mar 2013
NOL Welcomes Its Most Environmentally-Friendly Vessel
The 14,000 TEU containership APL Temasek is the largest to be registered in Singapore.
26 Mar 2013
LNG Bunkering Vessel Launched in Stockholm
The vessel will provide LNG fuel to the LNG-powered cruise ship Viking Grace.
26 Mar 2013
VLCC Market Still Struggling as Tanker Earnings Pushed Further Down
Weak demand, rising bunker prices pushed earnings down in February, Drewry says.
26 Mar 2013
Maersk Line CEO: MCC is a Model for the Company
Søren Skou said the intra-Asia shipping subsidiary has a low cost structure that the parent company is copying.
26 Mar 2013
LNG is the "Fuel of the Future" for Asia
Shipping companies say they need more fueling points globally for LNG bunkers, which requires government support.
26 Mar 2013
Nigerian Company Looking to Buy Six LNG Carriers for $1.6 Billion
Samsung and Hyundai Heavy Industries say they are finalising plans for the carriers, contingent on financing.
25 Mar 2013
KPI Bridge Oil Appoints Group Credit Manager
Andrew Burton has over 7 years experience in credit and finance analysis.
25 Mar 2013
IBIA Appoints New Chief Executive
Captain Peter Hall replaces Cliff Brand in April 2013, says there is much to do, both for the membership specifically, and the industry as a whole.
25 Mar 2013