All News

Authorities Seize Undeclared Bunker Fuel
The Malta-registered Kapitan Chekha had 12 tonnes of undeclared fuel aboard.
13 Nov 2014
Maersk Will Pass on Bunker Savings Following Oil Price Drop
"Falling bunker prices will be transferred to the customers, with some modest delays," said A.P. Moeller-Maersk CEO Nils Andersen.
13 Nov 2014
Singapore-Based Bunker Trader Vanguard Energy Files for Bankruptcy
The development appears unrelated to the collapse of now-bankrupt OW Bunker.
13 Nov 2014
Update 1: Traders: Singapore in "Complete Chaos" Following OW Bunker Collapse, Others Disagree
Industry veteran Simon Neo, says chaos comments dramatically overstate the actual situation in the market.
13 Nov 2014
Brent Dips below the $80/bbl for the First Time Since 2010
OPEC members such as Kuwait and Saudi Arabia have resisted calls to cut output and show no signs of changing their tune.
12 Nov 2014
Maersk Line Q3 Bunker Costs Reduced by $41 million as Profits Rise 24%
Maersk Line has reported a 24 percent rise in profits and $41 million in bunker savings.
12 Nov 2014
Chinese Ports Strictly Controlling Entry of Valemaxes
The 400,000 DWT Valemaxes were banned by China's port authority in 2011.
12 Nov 2014
IBIA Offers Industry Support in Wake of OW Bunker Collapse
IBIA has said it will help individuals and companies impacted by the collapse of OW Bunker.
12 Nov 2014
Singapore's Hin Leong Preparing $1.3 million Lawsuit Against OW Bunker
Hin Leong Trading is preparing court proceedings to recover $1.3 million following the sale of goods.
12 Nov 2014
Wärtsilä: There's a Big Change Going on from Heavy Fuel to Gas
"Anything in relation to gas and that market is interesting for us," says president and CEO Bjorn Rosengren.
12 Nov 2014
MOL, Asahi, Ultranav, and OSG Form Pool of MR Tankers
The fleet consists of approximately 60 medium-range tankers.
12 Nov 2014
Stena and Mann Lines Team Up on Baltic Routes
The cooperation began November 1, 2014.
12 Nov 2014
Hamburg Süd Raises CO2e Reduction Goals
The company will raise its goals to 45 percent CO2-equivalent reduction between 2009 and 2020.
12 Nov 2014
Consortium Exploring LNG Fuel for Fishing Vessels
The group will also research compressed natural gas.
12 Nov 2014
Bunker Jobs: World Fuel Services is Growing
Opportunities for Brokers, Traders, Marketing, Finance, HR, and IT.
11 Nov 2014
SGMF Expands Scope in U.S.
SGMF has named a U.S. Vice Chairwoman for its Training and Competency Working Group.
11 Nov 2014
New Bibby-USM Alliance to Target Chinese Market
The newly-formed company will specialize in in the offshore, LPG, and LNG sectors.
11 Nov 2014
MPA: OW Collapse Will Cause Minimal Disruption to Bunker Supply in Singapore
"MPA is working with the industry and the industry associations to mitigate any potential impact on bunkering operations in Singapore."
11 Nov 2014
Suez Overtaking Panama Canal on Asia-U.S. East Coast Route
Shippers from Hong Kong and South China have switched routes despite the Panama Canal holding the shorter distance according to Drewry.
11 Nov 2014
Wärtsilä Wins Order for 54 LNG Engines
The fleet of carriers will serve the Yamal LNG project in Northern Russia.
11 Nov 2014