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Asia Ports Under Pressure to Improve Productivity

Mega vessels and shipping alliances have driven ports to increase productivity despite downtimes where equipment lays idle

BIMCO: 2016 Crude Tanker Growth at an 'Uncomfortable' Four-Year High

Projected growth for the crude oil tanker segment is expected to be at 3 percent.

AIDA: LNG Bunkers are the Future for the Cruise Ship Sector

The company said that shoreside energy was only a temporary solution until LNG infrastructure is sufficient.

Scorpio Tankers Predicts Q3 Loss, Announces Receipt of New Tankers

Scorpio Tankers says it is likely to report a loss of between $0.01 and $0.04 per share for Q3 2014, but newbuild ships see its fleet continue to grow.

Global Shipping Will See Lower Demand, Says BIMCO

Fragile and uneven recovery reflected in downgraded IMF growth forecasts will mean lower demand for the global shipping industry.

Dynamic Oil Trading Appoints New Trader Experienced in the Russian Bunker Markets

Nikita Miroshnik joins Dynamic Oil Trading to bolster Worldwide bunker team and drive growth in Russian market.

Changes Looming for Russia's Bunker Markets

ECA rules will bring changes to Russia's bunker markets in 2015, but so will the tax landscape and western sanctions, says Lukoil.

Oil Prices Continue to Fall

OPEC is showing no signs of easing the oil glut betting that U.S. production will be curbed first.1

New Tool Aims to Help Ship Operators Prove ECA Compliance

Cloud specialist Inatech has developed the tool which monitors, reports and alerts on ECA compliance matters.

Costa Rica Court Green Lights APM Terminal

The Moin Container Terminal will be built in Limon on the Caribbean Coast.

Monjasa Founders to Withdraw from Daily Operations

Anders Østergaard and Jan Jacobsen will both move up to work in other parts of the company.

Piracy in Asia Hits New High

129 cases have been reported between January and September 2014.

Today's SGMF Launch at SIBCON to Be Conducted by Singapore's Transport Minister

The Society for Gas as Marine Fuel will use SIBCON as a platform to launch itself in Asia.

Inflexible ECA Start Date Sees Brittany Ferries Abandon LNG Bunker Plans

The company says it cannot afford to pay for 6 retrofits and one LNG ferry newbuild while it was also paying for ECA compliant fuel.

Falling Bunker Prices Boost Tanker Earnings

Shipbroker Charles Weber says TCE rates are staying constant while bunker prices fall meaning tanker operators are benefitting.

Seaboard Marine to Make Early Switch to 2015 ECA Compliance Fuel

The company also announced it will make efficiency gains through a new vessel sharing agreement with Crowley Maritime Corp.

Brent at Levels Not Seen Since 2010

Supply is far out pacing demand and OPEC seems unwilling to defend a specific pricing level.

New Order for MAN Diesel & Turbo's ME-GI Dual Fuel Engines

Daewoo Shipbuilding & Marine Engineering Co. has ordered four dual fuel engines for use on BW Group LNG carriers.

OOCL Announces Low Sulfur Surcharge Rates

OOCL will add a low sulfur surcharge to shipping rates of up to $110 per TEU from January 1.

Hong Lam Marine: Mass Flow Meters Will Put 10% of Singapore's Suppliers Out of Business

Lim Teck Cheng has said that increased capacity resulting from MFMs will expose a 15 to 20 percent overcapacity in current Singapore fleet.

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