All News

"If You're Walking through Hell, Keep Walking" Says Singapore MPA Chairman of Difficult Maritime Markets

Lucien Wong's comments came in his opening remarks at the Asia Pacific Maritime 2016 exhibition in Singapore.

17 Mar 2016

Scottish Operator On Target For 2% Reduction in Fleet Emissions

CalMac says it is "finding some encouraging results."

17 Mar 2016

Authorities Call for Marine Safety Improvements After Fuel Tanker Grounding

Better safety training said to be needed after a case in which fatigue among the crew was found to have contributed to the fuel tanker running aground.

17 Mar 2016

Critics Question Tendering Process for Hambantota Bunker Facility Operation

Sources say the call for tenders ran for only two weeks, failing to allow proponents' enough time for proper application.

17 Mar 2016

Japan's January Bonded Bunker Sales Swell 8.7% Month on Month

Japan's bonded fuel sales reached 2.52 million barrels during the month of January, achieving 36% year on year rise.

17 Mar 2016

Monjasa Eyes Further Growth as it Marks 5 Years in the U.S.

"Our U.S. office is bound to further penetrate the local market and develop our reselling capabilities in this area," says Monjasa's General Manager.

17 Mar 2016

Spill Reported During Bunkering at Melbourne

Bahamas-flagged ICS Allegiance is said to have been linked to the estimated 30 litre spill after sheening was observed in the port's waters.

17 Mar 2016

Crude Inventory Build Less than Half the Amount Expected

Figures proved analysts had overhyped the build in crude.

16 Mar 2016

Aegean Overcomes "Industry Headwinds" to Post Record Bunker Sales Volumes

Full year 2015 bunker sales volumes were up 14%.

16 Mar 2016

Oil Output Freeze: OPEC, Non-OPEC Producers to Meet April 17 in Doha

Around 15 producers representing some 73 percent of global oil output are now in support of the freeze, says Qatar.

16 Mar 2016

Obama's Drilling Ban Meaningless for Producers Now, But Could Tee Up Price Jumps in Future Years

But Bloomberg concedes that another potential supply source for the longer term has been tied up.

16 Mar 2016

Nepa Working Toward Dry Bulk Pool

Pappu Sastry, Managing Director at Nepa Projects and Investments says the dry bulk players could benefit from the arrangement in a difficult market.

16 Mar 2016

Dry Bulk Has "Minimal" Room for Further Decline, Says Sinotrans, as Bunker Costs Cushion Widening Loss

The significant drop in bunker prices was said to have helped offset to a "certain extent" the negative impacts of market downturn.

16 Mar 2016

Maersk Line : Alliance Shakeup Will Cause Year-Long Disruption

The CKYHE Alliance, the Ocean Three Alliance, and the G6 Alliance will restructure as a result of recent M&A activity.

16 Mar 2016

Bunker Price Volatility, Uncertainly Set to Continue

Some analysts think an oil price recovery is crucial, while others say new lows are required to end the oil glut.

16 Mar 2016

Baltic Dry Index Edges Up to 396 as Players Prepare for Market Recovery

"We firmly believe that current market conditions represent a unique opportunity to acquire quality tonnage," says Seanergy Maritime.

16 Mar 2016

ABB Claims 6% Bunker Savings from New Electric Power System

"No matter what bunker costs are now, ship owners look to the long term and always want ways to maximize fuel efficiency," says ABB.

16 Mar 2016

Know Your Counter Party: OceanConnect Marine

OCM's Ethan Ram, Chief Operating Officer, talks to Ship & Bunker about the company's past, present, and future.

16 Mar 2016

Crude Continues on Downward Trend

Analysts are anticipating another record high in crude inventories tomorrow.

15 Mar 2016

USCG Says Faulty Piping the Suspected Cause of L.A. Bunker Spill

The USCG had initially said they believed that the spill was caused by a hatch on the cargo vessel that was not made water tight.

15 Mar 2016