All News

NABU: SECA is a European Success Story, But We Sould Still Ban "Toxic" HFO
"Every Euro and every Dollar that is more plugged into a cleaner navigation, people and environment will benefit up to three times," says NABU adviser.
20 Apr 2016
Baltic Dry Index Falls for First Time in Over a Month on Fragile Capesize Segment
The Baltic Dry Index fell two points Wednesday to reach 669, its first decline since March 16.
20 Apr 2016
Big Shake Up for Container Alliances as CMA CGM Announces New Deal with COSCO, Evergreen, and OOCL
The new agreement, known as "Ocean Alliance," would control 23.5% of the world's container capacity.
20 Apr 2016
Cockett Strengthens Hong Kong Trading Team
"The appointment will enable the Group to develop its presence in Hong Kong," says Group Chief Operating Officer Cem Saral.
20 Apr 2016
More Bad News for Physical Suppliers Pursuing Claims for Unpaid Bunkers
Another case in the U.S. has ruled the physical supplier did not have grounds to hold a maritime lien.
20 Apr 2016
"Out of the Blue" Output Reductions Cause Oil Prices to Soar
Just a day after a 5 percent reduction due to the failed Doha talks, the market responds to a Kuwait strike with a 3 percent gain.
20 Apr 2016
Law Firm Warns on "Unexpected" VAT Costs for Intermediaries in Bunker Transactions
Nctm Studio Legale examined a recent European Union Court ruling over VAT exemptions.
20 Apr 2016
Oil on the Rise as Speculators Focus on Kuwait
Oil markets will be looking at the API and EIA reports, late Tuesday and early Wednesday respectively, to decide for a direction.
19 Apr 2016
IBIA Develops New Bunker Course to Address Lack of Bunkering Info in STCW Training
Peter Hall, CEO, IBIA calls the development "a real step forward."
19 Apr 2016
U.S. Councilman Calls for Shore Power at South Carolina Cruise Terminal
Mike Seekings says, in order to prevent emissions from idling ships, shore power should be made available to liners utilising the Charleston port.
19 Apr 2016
Project Gets $5 Billion Funding LOI to Produce 0.5% Max Sulfur HFO Bunkers
The bunkers would be compliant with the upcoming global sulfur cap, and mark the first time 0.5% HFO would be readily available to bunker buyers.
19 Apr 2016
Shell to Supply LNG Bunkers to Carnival
Shell says it has signed an agreement with Carnival to supply LNG bunkers to the cruise line's AIDAprima vessel.
19 Apr 2016
Bunker Spill After Car Carrier Grounding off Busan
The vessel is said to have had its fuel tanks ruptured during the grounding caused by a storm, spilling an unknown amount of fuel into the water.
19 Apr 2016
Fujairah Bunkers: Return of Iranian Fuel Oil Behind Big Drop in Cat Fines
Data from VPS suggests the port's fuel quality over the February to March period improved overall.
19 Apr 2016
Singapore Voices Support for IMO as Secretary-General Sets Sights on Environment for MEPC 69
In opening comments at MEPC 69, IMO Secretary-General Kitack Lim stressed the importance of IMO leadership on shipping emissions reductions.
19 Apr 2016
SMW 2016: Difficult Market and Low Oil Prices Means Less Interest in LNG Bunkers
Siem Industries chairman Kristian Siem says some of its customers had switched back from LNG to conventional bunkers "because it's cheaper."
19 Apr 2016
More Oil Price Volatility Expected as Saudis Put the Boots to the U.S.: Kilduff
Saudis are also expected to punish Iran in its relentless bid to claim oil production supremacy.
19 Apr 2016
No Doha Deal Means No Sabotage of Current Oil Price Recovery: Goldman Sachs
Goldman Sachs analyst said a successful deal would have caused a "self-defeating rally."
19 Apr 2016
Singapore Maritime Week 2016: Working Together is Crucial for Overcoming Shipping's Current Challenging State
An address by Khaw Boon Wan, Coordinating Minister for Infrastructure and Minister for Transport, officially opened SMW 2016.
19 Apr 2016
Crude Takes a Roller Coaster Ride Monday
Bunker buyers can expect the remainder of this week to be volatile in both directions.
18 Apr 2016