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First of Three Hybrid Eco-Friendly Tugs Delivered to Dutch Navy

Damen says the diesel-electric hybrid tug, named Noordzee, was delivered to the Royal Netherlands Navy on Saturday.

Shipping Industry Making Waves In Progress Towards Sustainability: SSI Annual Report

Progress update suggests there are challenges but advances are being made.

UPDATE: CMA CGM Deny it is in Talks to Order 20,000 TEU Capacity Box Ships

South Korean shipyards HHI, SHI, and DSME said they are in preliminary talks with CMA CGM, but the shipper tells Ship & Bunker they are not.

Carbon War Room Launches Shipping Efficiency Advisory Board

The Richard Branson-created charitable organization forges ahead on shipping initiative.

Qingshan Shipyard Delivers Second Eco-Friendly Bulk Carrier to Croatian Owner

Chinese shipyard completes order for environmentally sustainable handy-size bulk carriers to Croatia-based shipping company.

Market Rebalance Could Contain Price Spikes Due to Investment Declines: IEA

IEA calls current industry investment cuts "historic" and a major concern.

Buckeye Enjoys Strong Performance at Marine Terminals

Buckeye Partners releases strong fourth quarter numbers.

Bunker Hedge Drags Down Odfjell Bottom Line

The bulk liquid shipper says its "expensive bunker hedging" expired in December 2015.

VTTI Reports Strong Financials, Full Tanks

VTTI executives ready for further declines in fuel prices.

Becker Marine Receives State Funding for Container-Based LNG Cold-Ironing Concept

Becker has received a funding commitment from the German Federal Ministry of Transport and Digital Infrastructure for its LNG-based cold-ironing system.

MGO Premium Relative to HFO Getting Significantly Larger [Graph]

This dramatic fall in bunker prices has somewhat masked the significant rise in MGO's price relative to IFO380.

Crude Down on OPEC Comments

Bunkers were relatively flat early in the day but softened as the day went on.

MOL Launches Efficiency Boosting Big Data Trial

MOL says the big data initiative is being launched in cooperation with Class NK's Ship Data Centre.

Qatargas, Maersk Group and Shell Sign Agreement on LNG Bunkers

Trio of companies sign MOU to explore the develop LNG as a marine fuel in the Middle East.

Russia: $50 Oil OK for the Long Term, and Nations Controlling 75% of Crude Exports Support Output Cap

$50 oil would likely mean bunkers in the $250 to $300 pmt range, significantly less than the $600+ pmt they were paying as recently as mid 2014.

U.S. Launches New ECA Compliance Bunker Inspection Program

The new testing will start next Monday, February 29, 2016.

Singapore Firm Diversifies Beyond OSVs on Weak Market

Otto Marine shipyard secures contracts for oil tanker and two ferries from Indonesian customers.

Valmet to Supply Scrubber System for Two New Cruise Vessels

German tourism company TUI Cruises will install Finnish-made scrubers on latest vessels.

Moody's: Iran Faces Significant Hurdles Boosting Production

Bond rating firm releases report suggesting Iranian crude volumes coming onto market will plateau by 2017.

Baltic Dry Index Edges Up Again, as Players Agree Scrapping is the Only Way to Get Real Recovery

In the meantime, players should ignore low bunker prices and continue to slow steam.

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