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Deltamarin Designing Fuel-Efficient Car Carriers for Wallenius Lines
The company is working with a Chinese shipyard to help it focus on more sophisticated vessels.
31 Jul 2013
Fuel-Efficient Ships, Economic Improvement Boost Scorpio's Q2 Results
CEO Emanuele Lauro says improvement is "a result of stronger market fundamentals and a stronger Company."
31 Jul 2013
WTI Drops to Three Week Low
WTI falls $1.47 to settle at $103.08/bbl today, while Brent only shed $0.54 to settle at $106.91/bbl.
30 Jul 2013
WFS Ordered to Pay in Lac Megantic Cleanup Efforts
The government said it is not yet clear how much the cleanup will cost or how long it will take.
30 Jul 2013
Report: Canada Should Invest in Arctic Infrastructure
A think tank calls for refuelling facilities, as well as ports, regulations, and infrastructure support.
30 Jul 2013
NuStar Predicts Profitable Bunker Business by Q4
The energy company's overall results were positive in Q2 thanks to Texas shale oil investments.
30 Jul 2013
New Fuel-Efficient CSL Vessel Starts Service
The ship is the second of four in the company's new Trillium Class, designed to save fuel and reduce emissions.
30 Jul 2013
Vessel Detained Over Australia Oil Spill
If a company is found responsible it could face fines of $10 million plus cleanup costs.
30 Jul 2013
Bomin Appoints Managing Directors in Singapore, Hong Kong
The appointments are effective September 1, 2013 and will follow the departure of Raymond Kong on August 31, 2013.
29 Jul 2013
Little Change for Crude benchmarks
WTI fell $0.15 to settle at $104.55/bbl, while Brent gained $0.28 to settle at $107.45/bbl.
29 Jul 2013
Teekay to Build Two More Fuel-Efficient LNG Carriers
The 173,400 cubic metre capacity ships will be built for delivery in 2016.
29 Jul 2013
EMP in Deal to Promote Technology to Greek Market
MIE will promote EMP's Aquarius MAS to Greek shipowners.
29 Jul 2013
Shipping Industry Group Backs MRV Plans
"Shippers are increasingly demanding verifiable greenhouse gas data from ocean carriers."
26 Jul 2013
Scorpio Bulkers Orders 11+ Ships to Start Operations
The sister company of Scorpio Tankers started operations with a $250 million private placement last month.
26 Jul 2013
New Player for Indian Coastal Shipping
Logistics company Indev Group wants to provide "last-mile" transport with ships stopping at smaller ports.
26 Jul 2013
Royal Caribbean Bunker Spending Down in Q2
The company swung to a profit compared with the same period in 2012.
26 Jul 2013
Star Bulk Raises $80.1 Million for Fuel-Efficient Ships
The stock offering "validates the confidence" from investors, company CEO says.
26 Jul 2013
Crude Markets Edge Higher
WTI inched up $0.10 to settle at $105.49/bbl and Brent gained $0.46 to settle at $107.65/bbl.
25 Jul 2013
International Shipholdings Vessels to Test New Scrubbers
The deal includes an option to buy the emissions control systems for 40 additional ships.
25 Jul 2013
Kirby's Earnings Up in Q2
The U.S. barge operator said demand for the transport of crude oil and gas condensates rose.
25 Jul 2013
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