All News

Inside Opinion: Cautious Optimism or Just Caution?

Are things really picking up, or are we due another dip in the rollercoaster?

8 Jul 2013

No Spill Reported After Aegean Sea Collision [Video]

The tankers remain locked together, possibly to stop one of the bulk carriers sinking.

5 Jul 2013

Questions Raised Over When LNG Will be Used to Power U.S. Tugs

LNG has less energy than diesel, and performance concerns when operating at lower engine speeds.

5 Jul 2013

Brightoil to Expand Bunker Supply Operations in China

Operations at the East China ports of Zhoushan and Qingdao to start this month, says source.

5 Jul 2013

Slow Steaming Claims Rubbished by Thai Shipper

Thai exporters were reported to be angered by rising freight rates while ship operators make huge savings from the practice.

5 Jul 2013

Rotterdam - Singapore IFO380 Spread Narrows from $20 to $2

Until last week, for 2013 IFO380 bunkers in Singapore have been priced, on average, $20 higher than Rotterdam.

4 Jul 2013

Tri-Fuel LNG Carrier to Enter Service this Month

The Woodside Rogers' electric drive system can run on natural gas, marine diesel gas, or heavy fuel oil.

4 Jul 2013

Testing, Pre-Commissioning of Hambantota Bunkering Facilities Begins

The facility will be made available for bunker operations once the testing is complete.

4 Jul 2013

LR Brought in to Help with Mol Comfort Investigation

LR to help with both the investigation and with the reinforcement of MOL Comfort's six sister vessels.

4 Jul 2013

OW Bunker CEO: I Don't Believe We'll be Sold This Year

CEO Jim Pedersen says an IPO could be possible, but a sale in 2015 is just as likely as 2014.

4 Jul 2013

LNG Shipper Gets $662m Fleet Expansion Loan

Funds will be used in the construction of two new vessels for Maran Nakilat Co Ltd.

4 Jul 2013

Brightoil Inks $50 Million Loan Facility Agreement

Terms with China Development Bank Corporation include the requirement for Dr. Sit Kwong Lam to remain in control of the company.

4 Jul 2013

Houston Bunker Prices Creep Up as WTI Rises Over $100

A change of $+9.00 week-on-week for IFO380 is relatively small compared to WTI's gain of $5.74.

3 Jul 2013

Long Beach Backs 'Sock on a Stack' Emissions Reduction Technology

System could virtually eliminate at berth pollution from every vessel that calls on the port.

3 Jul 2013

Bunker Business Rescues USTC Group Financial Performance

Bunker Holding helped the Group to profit, despite a 10 percent drop in turnover.

3 Jul 2013

Maersk Triple-E to Operate Below Capacity

Many port gantries are said to be not tall enough to handle the additional boxes able to be carried by the new ships.

3 Jul 2013

Platts: No Evidence To Suggest Bunker Prices are Manipulated

After a comprehensive review of Rixo International's indications, Platts say the integrity of the MOC was not compromised.

3 Jul 2013

Scorpio Eyes Entry Into LPG Market, Orders up to 10 VLGCs

The order replaces four LR2 product tankers that were to be built at Samsung Heavy Industries.

3 Jul 2013

MPA: Singapore Bunker Spill Vessels Were Issued Warnings Prior to Collision

Good progress reported on clean up operations, no significant patches of oil now sighted in the waters.

3 Jul 2013

Lloyd's Register to Support First Chinese Built Dual-Fuel LNG Carriers

Ships will be fitted with medium speed MAN B&W dual-fuel diesel engine systems, enabling them to burn both gas and fuel oil.

2 Jul 2013