All News

Bunker Prices Soft as Oil Starts the Week Lower

WTI fell $1.01 to settle at $109.52/bbl today, while Brent plummeted $2.40 to settle at $113.72/bbl.

9 Sep 2013

Analysis: USG No. 6 3% vs WTI

Comparison prepared by bunker broker and trader Merlin Petroleum Co., Inc..

9 Sep 2013

Strike Threatened at UK Port

The Port of Felixstowe management proposed changes to workers' packages, including a cut to bonuses.

9 Sep 2013

Chinese Shipyard Develops Electric Propulsion Systems

The domestic technology will help reduce the nation's dependence on foreign ship parts.

9 Sep 2013

Carnival to Spend $180 Million Following Scrubber Approval

The cruise company said it has won regulators' approval to use the technology to reduce emissions when operating within ECAs.

9 Sep 2013

Greek Shipper To Sell its Vessels, Settle Debts

TOP Ships says it will use the proceeds from the six ships to pay down debt and start acquiring new ships.

9 Sep 2013

Flow Meter System Saves Shipping Company $32,000

Insatech says its technology prevented the vessel from being charged for more fuel than it received.

9 Sep 2013

New Bunker Stem Audit Service Launched

The Bunker Detectives are now providing the new audit service globally in all major bunkering hubs.

9 Sep 2013

Crowley Buys Second Alaska Company

The acquisition of a Juneau-based fuel distributor expands the company's footprint in the state.

6 Sep 2013

UK Firm Orders Six Fuel-Saving Ships

Two of the ships will feature diesel electric propulsion systems and twin azimuth Stern Drives.

6 Sep 2013

Temporary Suspension of Fuel Oil Shipping from Sakaide

Cosmo Oil is adding more tanks at the storage facility, which previously operated as a refinery.

6 Sep 2013

P3 Alliances Promises Work for "the Common Good"

Lars Michael Jensen named future CEO of the network centre, and says the company should start work in six months.

6 Sep 2013

Strong Uptake Reported for New Hull Coatings

Higher bunker prices drive "growing awareness of the economic importance of underwater hull condition."

6 Sep 2013

Focus on Ports and Terminals at Intermodal Europe in Hamburg

Intermodal Europe 2013 will be held in the active port area of Hamburg, Germany, from 8-10 October.

6 Sep 2013

Alternative Fuels a "Major Topic" at Annual Conference

Interferry's annual event is being held in Malta from October 5-9.

6 Sep 2013

New Trader for Bomin in Dubai

Mr. Kelvin Zheng joined Bomin Oil DMCC, Dubai as Supply Trader effective September 1, 2013.

6 Sep 2013

Oil Markets Rise as Cushing Stockpiles Fall to 17-month Low

WTI gained $1.14 to settle at $108.37/bbl, and Brent rose $0.35 to settle at $115.26/bbl.

5 Sep 2013

Video: Cosco Asia Suez Attack Footage Posted on YouTube

The video appears to show two individuals firing shoulder mounted rockets at the vessel, one of which strikes its hull.

5 Sep 2013

Tricks of the Bunker Trade: Questionable Tank Calibration Tables

Having more than one set of sounding books is not uncommon and having the tables modified to the supplier's advantage is always a possibility.

5 Sep 2013

Marine Coatings "Low-Hanging Fruit" for Fuel Efficiency

Eitzen Chemical is using an anti-fouling coating from Jotun that promises a 15 percent efficiency improvement.

5 Sep 2013