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Rosneft in $270B Oil Deal with China
The agreement calls for the company to provide China with an extra 300,000 bpd for 25 years.
25 Jun 2013
Bunker Spill Reported in Philippines
Authorities say problems with a storage facility allowed the oil to escape.
25 Jun 2013
Chinese Buy 20% Stake in Russian LNG Project
The Yamal Peninsula plant is set to be built in 2018, helping increase Russia's exports of the fuel.
25 Jun 2013
MAN Diesel Building Turbochargers in China
The company said local production helps reduce delivery times and costs for Chinese shipbuilders.
24 Jun 2013
Savings Expected from New Containership Alliance
The deal aims to help rationalise the market in the face of "extremely low rates"
24 Jun 2013
MPA Cancels Two Singapore Bunker Licences
Licences for Golden Lights HS Bunkering and Shing Li Shipping revoked effective today.
24 Jun 2013
Singapore's Yujin Gets $6M Refund from Cancelled Tanker Order
Tanker owner and charterer says it was refunded all monies it paid upfront plus interest.
24 Jun 2013
Source: Chemoil in Talks to Buy Colonial Oil's Bunker Business
Both firms have so far declined to comment on the report.
24 Jun 2013
Inside Opinion: I Say We Nuke It, It's the Only Way to be Sure
Inside Opinion: I Say We Nuke It, It's the Only Way to be Sure
In their first blog for Ship & Bunker, our maritime expert argues the case for nuclear powered merchant vessels.
24 Jun 2013
Week Ends with a Big Drop for IFO380 in Houston
Despite making a gain of $17 in the earlier past of the week, the product ended the week $1.00 higher than last Friday.
21 Jun 2013
Rosneft Signs Croatian Bunkering Deal
The agreement also includes oil and petroleum product infrastructure in the country.
21 Jun 2013
TMT's Single-Ship Companies File for Bankruptcy
The Taiwanese shipping company said the Chapter 11 proceedings are part of a broad restructuring program.
21 Jun 2013
Total Lubmarine: Shipowners Choose Single Oils for Safety, Simplicity
New environmental regulations and higher fuel costs demand higher performance from lubricants, Total Lumbmarine says.
21 Jun 2013
Report: Ship Scrubbers are Fast-growing Market
Across all industries, the market for scrubbers and related equipment is projected to hit $7.5 billion in 2017.
21 Jun 2013
STX Pan Ocean Makes U.S. Bankruptcy Filing
The move is intended to protect it from U.S. creditors while its receivership process moves forward in South Korea.
21 Jun 2013
7 Suppliers Exit Singapore Bunker Market in Last 12 Months
And sources say the number of accredited bunker suppliers is set to drop even further as smaller suppliers look to consolidate.
21 Jun 2013
MOL Group Hit By U.S. Price-Fixing Suit
The class-action lawsuit alleges that MOL took part in a conspiracy to fix prices for the ocean transportation of cars.
21 Jun 2013
Vancouver IFO380 Stays at a Discount to Singapore
The product has been at a discount of around $4 to $5 pmt since June 11, making it the longest such run this year.
20 Jun 2013
Nordic Tankers Names New CEO
The company its tapping its head of fleet management, Claus Thornberg, as its new leader.
20 Jun 2013
Hydrogen Cell Ferry Attracting "A Lot of Interest"
UK operator says the ferry has performed well in the first weeks of a trial period.
20 Jun 2013
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