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U.S. Renews Japan, EU Iran Sanctions Waivers
The 11 countries will receive another "potentially renewable" waiver for a period of 180 days.
13 Mar 2013
U.S. Ports Labour Dispute: ILA, USMX Approve Six Year Master Agreement
Talks have been successfully concluded, and members will now vote to ratify the deal.
13 Mar 2013
MHI in Chinese Diesel Engine Joint Venture
The new company will compete on price and plans for ¥10B in sales within "several years."
13 Mar 2013
NYK Says Adverse Effects from Slow Steaming "Can be Controlled"
Shipping line says it recognises that fuel-saving measures are very important issues for the entire maritime industry.
13 Mar 2013
No Financing for Ukraine LNG Plant
The fate of a planned state-run terminal is in question after €221.9 million in loans did not arrive.
13 Mar 2013
PetroChina to Invest $3.7B in Australian LNG This Year
The Chinese company will spend $60B over a decade to develop the large natural gas resources in the country.
13 Mar 2013
FUJCON 2013 Impresses With Array of Specialist Industry Knowledge
FUJCON 2013 will be held from 25-27 March 2013 at the Al Diar Siji Hotel, Fujairah, UAE.
13 Mar 2013
Daily Bunker Price Report, Tuesday Mar 12, 2013
Global bunker prices continue to decline in most markets.
12 Mar 2013
Matson To Lower Bunker Surcharge
Senior VP says the company has "been encouraged by the recent moderation in bunker fuel prices."
12 Mar 2013
PetroChina to Buy 2 Million Barrels of Venezuelan Fuel Oil
The fuel oil will be loaded from Bonaire port from March 30, 2013 to April 1.
12 Mar 2013
Inatech Launches Cloud-based Fuel Procurement System
The firm says its ShipTECH Shipping Solution provides real-time data to help buy fuel efficiently.
12 Mar 2013
Maersk Line Switching from Panama to Suez Route
One analyst says other carriers are likely to do the same to use larger, more fuel-efficient ships.
12 Mar 2013
Bunkering Coming to Oman Port
The port began commercial operations this week as part of the development of the Duqm Special Economic Zone.
12 Mar 2013
Maersk Exec: Slower Speeds, Scrapping, Idling will Keep Market Balance
Chief Executive Soren Skou said capacity will outpace demand in 2013, but rate increases will help the industry.
12 Mar 2013
Report: Low-Sulfur Rules Could Hurt the UK
The shipping industry report says adoption of low-sulfur fuel will raise costs and hurt the environment.
12 Mar 2013
Daily Bunker Price Report, Monday Mar 11, 2013
The downward trend for bunker prices continues in most markets.
11 Mar 2013
New Appointment at Staatsolie
Mr Leon Brunings joins as Manager of the Marketing Division.
11 Mar 2013
LPG Carrier Size Doubles in Two Years
Rising demand is boosting the number and size of vessels being ordered, according to Drewry Maritime Research.
11 Mar 2013
Vopak to Study New Long Beach Oil Terminal
The Port of Long Beach has approved the study, which could result in a 21-55 million barrel per year terminal.
11 Mar 2013
OW Bunker: Credit Key to Competing
Regional Manager Adrian Tolson said some of its competitors in North America are struggling to sell on credit.
11 Mar 2013
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