All News

Barge Owner Fined $405,000 for Spill

The cleanup of a U.S. river after Davy Crockett scrapping incident cost over $22 million in public funds.

31 Jan 2013

Bunker Prices Continue to Rise in the Americas

Gains were see for all products across virtually the entirety region.

30 Jan 2013

Rotterdam IFO380 Trending Up

A gain of $3.00 today puts Rotterdam IFO380 at its highest price since October 17, 2012.

30 Jan 2013

Hess Plans Sale of Terminal Network

After closing refinery, the company says terminals are "no longer core" to its operations.

30 Jan 2013

Asian Bunker Prices See Mid-Week Gains

IFO380 in Singapore, Busan, and Hong Kong moved up for a second consecutive day.

30 Jan 2013

Seaspan: Fuel-efficient Ships Key to Success

CEO Gerry Wang: "As soon as fuel efficiency is taken care of, other things are taken care of accordingly."

30 Jan 2013

OW Bunker Adds Two State-of-the-Art Bunker Vessels

Both 3,500 dwt tanker barges are also fitted with Coriolis mass flow meters.

30 Jan 2013

Repeat Order for Wärtsilä Emissions Reduction System

The company says the systems allow ships to meet sulphur and nitrous oxide rules taking effect in coming years.

30 Jan 2013

DSME Profits Plummet 82%

The South Korean shipbuilder is setting a lower order target for 2013.

30 Jan 2013

Low Freight Rates Force Mass Job Cuts at Neste Shipping

The company does not "see any fundamental change for the better" for years.

30 Jan 2013

Major Energy Companies Plan U.S. LNG Export Project

Shell President says "the abundance of natural gas in the U.S. is changing the energy landscape."

30 Jan 2013

Bunker Prices in the Americas Make Gains Tuesday

U.S. ports see a second day of rising bunker prices.

29 Jan 2013

Fast Ferry Gets Low Fuel Efficiency Marks

The ferry uses 2.7 times as much fuel per tonne of weight moved compared with a slower vessel.

29 Jan 2013

Little Change for IFO380 in Rotterdam

Bunker prices in the EMEA region made small mixed movements today.

29 Jan 2013

IFO380 Prices in Singapore Remain Flat

Bunker Prices in Asia make a second day of of small movements.

29 Jan 2013

ILA Ready to Resume Negotiations

Talks over the $1.8 billion master contract covering some 14,500 jobs on the U.S. East and Gulf Coasts resume today.

29 Jan 2013

New Trader Joins Praxis Energy Agents in Houston

Martijn Kelderman was previously Director of Marketing and Sales at Marinoil Servicios Maritimos.

29 Jan 2013

Brightoil Receives Loan Breach Waivers

Firm says that upon obtaining the waivers letters, no cross default provisions will be triggered.

29 Jan 2013

EC OK's Finnish Incentives for Low-Emissions Technology

The Finnish program offers funding to help ships meet low-sulfur standards before new rules take effect in 2015.

29 Jan 2013

Shipping Companies Extend Hong Kong Low-Sulfur Agreement

The companies are "delighted" with Hong Kong's decision to pursue mandatory rules.

29 Jan 2013