All News

Daily Bunker Price Report, Tuesday Feb 26, 2013
Bunker prices were still heading down today, but some gains were seen in Mediterranean and Black Sea, and North American Atlantic ports.
26 Feb 2013
DNVPS Issue Low Sulfur Bunker Fuel Warning for New York
Four samples showed high-density levels, and slightly elevated amounts of highly abrasive particles.
26 Feb 2013
Singapore's Dynamic Oil Trading Adds Bunker Trader
CEO says Charles Dai's industry knowledge, contacts, and networks adds further strength to its experienced team.
26 Feb 2013
Strong Growth in Southeast Asia's LNG Demand Predicted
Wood Mackenzie says demand for the fuel will rise faster in the region than in India between now and 2025.
26 Feb 2013
Scorpio Tankers Reduces Its Losses
The company says rising product tanker demand will support its investment in new tankers.
26 Feb 2013
Australian Supplier Promises No Disruption in Fuel
Despite the closure of two refineries, Caltex says imported fuel will provide for the nation's needs.
26 Feb 2013
Shell Inks Suez Canal Deal with Nile Petroleum
Nile Petroleum will sell Shell lubricants in Egypt under a deal with Shell Egypt.
26 Feb 2013
Fuel Farm Expansion in Seychelles
The African islands' Seychelles Petroleum Company supplies a "comprehensive range of oil products."
26 Feb 2013
Daily Bunker Price Report, Monday Feb 25, 2013
Some gains were seen in North and Western Europe, but bunker prices were still heading down elsewhere.
25 Feb 2013
BIMCO Opens Shanghai Location
The move marks the first international shipping organisation to do so.
25 Feb 2013
Port of Rotterdam Sees Considerably Fewer Ships in 2012
Harbour Master René de Vries says "considerably more ships" will come once the Maasvlakte 2 port expansion project is open.
25 Feb 2013
Frontline Sees Revenues, Loss Down in 2012
The company is continuing to reduce its fleet, and reports "one of the worst winters ever" for crude tankers.
25 Feb 2013
Iran Petrochemical Exports Hit $3.53B in 11 Months
The nation says it is reducing its reliance on oil exports in its next budget and promoting other industries.
25 Feb 2013
NAT CEO: Tanker Market Has Now Hit Bottom
Herbjørn Hansson says the company is investing in newbuildings to take advantage of low prices.
25 Feb 2013
Maersk Line Recovery Drives Group Profits in 2012
The company said volume growth, cost reductions, and rate increases helped it do better.
25 Feb 2013
Teekay Narrows Loss in 2012
The company said the market for conventional tankers will remain week through 2013.
25 Feb 2013
Daily Bunker Price Report, Friday Feb 22, 2013
Global bunker prices end the week with further losses.
22 Feb 2013
Singapore's NOL Reports Improved Performance for 2012
A full year net loss of US$419 million is a percent improvement on the $478 million loss it made in 2011.
22 Feb 2013
Port of San Diego Shore Power Project Approved
The Board of Port Commissioners will select a contractor for the Tenth Avenue Marine Terminal project in April.
22 Feb 2013
Rosneft Could Compete with Gazprom on LNG
The government is looking at breaking up Gazprom's monopoly on LNG exports.
22 Feb 2013