All News

Oil prices up After Better than Expected U.S. Economic News
WTI gained $0.37, to settle at $103.03/bbl and Brent pushed $0.89 higher, ending the session at $109.21/bbl.
26 Sep 2013
Difficult to Make Money Through "Honest" Bunker Trade, Says Executive
Mandatory flow meter use could help tackle large-scale defrauding across the bunker industry.
26 Sep 2013
Singapore Shipping Association: Authorities to Crack Down on Bunker Fraud
Authorities warn that a reputation for fraud could drive ships to refuel at other ports in the region.
26 Sep 2013
DVNPS: Low-Sulfur Demand Raises Fuel Threats
The shipping industry faces a potential increase in engine-damaging cat fines as bunker providers scramble to blend low-sulfur fuel.
26 Sep 2013
Hapag-Lloyd Names Maersk Man as New CEO
The container shipping line is tapping Rolf Habben-Jansen of Maersk's freight forwarding business.
26 Sep 2013
LNG Bunkering Demand Seen Growing in Gulf of Mexico
"There's just not a huge market for LNG fuel for marine use right now, but that's something that is on the horizon."
26 Sep 2013
Bunker Deliveries Drop 36% in Los Angeles, Long Beach
The drop in July deliveries was blamed on reduced global demand, volatile prices, and competition from the Russian Far East.
26 Sep 2013
Ship Routing Specialists Appoints New CEO
New CEO Haydn Jones joined Applied Weather Technology earlier this year.
25 Sep 2013
Crude Markets Make Morning Gains, But End the Day Down
WTI fell $0.47 to settle at $102.66/bbl, as did Brent $0.48 settling at $108.32/bbl.
25 Sep 2013
Maersk Line: "Very Attractive Payback" for Fuel-Saving Technology
As Triple E ships come online, the company points to $30 million investment in fuel-saving technology.
25 Sep 2013
Honeywell, Black & Veatch in LNG Plant Deal
The companies will provide small-scale plants to produce fuel for maritime and other uses.
25 Sep 2013
Environmental Rules Threaten the Interests of Short Sea Shippers
CSL calls for IMO, member nations to consider the unique needs of the sector.
25 Sep 2013
"Historical" North West Passage Voyage Saves $80,000 in Fuel Costs
Nordic Bulk Carriers says a voyage using the Arctic route reduces pollution and lets its ship carry more cargo.
25 Sep 2013
SCI Tanker Released in Singapore After a "Small Payment Issue"
The Desh Vaibhav had been held for a "small payment issue" a shipbroker said.
25 Sep 2013
Aegean Signs $1 Billion Secured Credit Facilities
Facilities will be used for the purchase, transportation, storage, and sale of fuel and gas oil.
24 Sep 2013
Bunker Tanker Runs Aground Near Stockholm
Alcohol may have been a factor in the vessel's grounding.
24 Sep 2013
Oil Markets Finish the Day Mixed
WTI fell $0.46 to settle at $103.13/bbl, while Brent rose $0.48 by day's end, settling at $108.64/bbl.
24 Sep 2013
Europe Looks to LNG Bunkering to Boost Demand
Terminal operators are forced to idle capacity as prices stay low relative to Asia, Latin America.
24 Sep 2013
U.S. Navy Puts $30M into New Energy Development
Sustainable energy sources "vital" for service members and the nation.
24 Sep 2013
Carnival Cuts Fuel Use as Q3 Profits Drop 30%
The cruise company said its adoption of new scrubber systems will help with fuel costs.
24 Sep 2013