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In a Nutshell: What is the "Res Cogitans" OW Bunker UK Test Case and Why is it Important

In a Nutshell: What is the "Res Cogitans" OW Bunker UK Test Case and Why is it Important

Five Lords at the UK Supreme Court will decide who a bunker buyer should pay for the bunkers it bought.

Baltic Dry Index Breaks 400, as Orders for New Ships Virtually Stops

BIMCO says despite the positives, the dry bulk market is "still looking bleak."

Glander International Bunkering Adds Two New Traders from its Internship Program

The two new traders, Ahmet Han and Oleg Adamson, were said to have been selected from a large number of competitive applicants.

ICS Urges Shipping to Embrace Tech to Reduce Costs and Optimise Performance

Esben Poulsson, Vice Chairman of ICS, said "it is clear that companies need to be more innovative in their approach."

Crude Falls After Inventory Build

The EIA reported a build of more than three times expected estimates prior to the release.

Aegean Launches New South Africa Bunkering Operation

Aegean President says: "The launch of bunkering operations in Algoa Bay is consistent with our strategy to opportunistically enter new markets."

LR, HHI, and GE Designing LNG-Electric Powered Container Ship

The three companies are working together to design a 14,000 TEU container ship powered by LNG fuelled gas turbines and electric motors.

OW Bunker UK Test Case: Res Cogitans Physical Supplier Has No Valid Claim to Payment, Respondents Argue

OW Bunker and ING representation told the court that the physical supplier in the so-called "Res Cogitans" case has no valid claim against the ship owner.

USCG Monitoring Vessel for Bunker Spill After Grounding in Columbia River

The 5,4881 DWT Panama-flagged bulk carrier Sparna is said to be loaded with 218,380 gallons of HFO and 39,380 gallons of marine diesel.

Daiichi Chuo Kisen Kaisha Submits Rehabilitation Plan Ahead of Schedule

The bulker operator could receive an injection of JPY2.88 billion ($35 million) from investors.

Saudi Arabia May Freeze Output After All: OPEC Delegate

The delegate suggests that Saudi's participation in the freeze talks may lead to more substantive initiatives.

Bunker Quality: Why Changes to ISO 8217 Increase the Need for Condition Monitoring

There is an increasing expectation that operators will need to show evidence of due diligence in detecting and avoiding bunker related damage.

Milestone Reached for Ethane / Multi-Fuel Marine Engine

New engine will power world's first ethane-powered liquid ethane gas carrier.

Inchcape Shipping Services Expands in Mexico

Inchcape Shipping Services to expand its service offering in Mexico.

Bullish Sentiment in the Oil Markets Retreats During Early Trading

Investors will be looking for tomorrow's EIA report and expectations are for the addition of 3 million barrels for the past week.

Bunkering Vessel, Cargo Forfeited and Jail Terms Handed Down in Illegal Bunkering Case

The 14 accused men pleaded not guilty to the accusations.

Allianz Highlights Unexpected Safety Implications from Lower Emissions Bunker Fuels

AGCS says that for 2015 it "has seen an increase in machinery claims in relation to fuel."

Baltic Dry Index Starts Week on a Positive Note as Dry Bulk Scrapping Escalates

The BDI gained 3 points to reach 398 Monday as dry bulk scrapping is reported to have sped up over January and February of this year.

Work on Nicaragua's Panama Canal Alternative to Start as Early as August with Fuel Terminal, Ship Wharf

Funding for the $50 billion project "will come from many countries and many investment sectors," contractor HKND Group says.

Excelerate Claims LNG Bunkering World First for FSRU at Jebel Ali

Excelerate says upgrades allow for the first time small-scale LNG offtakers to bunker LNG directly from the Explorer FSRU.

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