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TORM to Delist from Nasdaq Capital Market

The company is pulling the shares due to the program's small size and expense.

Drewry: VLCC Rate Rise in May Could Be Short-Lived

Drewry says Arabian Gulf shipments helped the market, but tanker markets remained generally weak.

Dan-Bunkering Announces Promotions in Copenhagen

Rune Andreasen has been appointed Sales Manager, while Michael Matern Hedager has been appointed Senior Bunker Trader.

MOL Comfort: Salvage Company Proceeding to Rescue the Cargo and Hulls

In today's update, MOL also confirmed "no large volume of oil leakage" after Monday's incident.

New Trader Joins OW Bunker in Hong Kong

Andrew Lee joins OW Bunker from Noble Chartering Ltd.

Traders Say Bunker Price Manipulation is "Common"

"Effectively, it's not illegal or corrupt," says trader. "You're just increasing the amount of buying pressure on the market."

New York IFO380 Bunker Prices Steady After 4 Day Rally

380 cSt product is up $11.00 per metric tonne week-on-week.

Carnival Threatens to Pull Baltimore Service over Emission Limits

Maryland's governor is pushing the EPA to relax ECA rules to keep cruises operating in the state.

DNV Commissioned by IMO to Study LNG Bunkering in North America

The report will attempt to assess risks and provide guidance for the industry.

Maersk Line, MSC, CMA Plan Operational Alliance

Responding to falling shipping rates, the companies want to share space on ships for greater efficiency.

STX Pan Ocean Stock Sinks After Receivership Filing Accepted

A court accepts the carrier's receivership petition, opening the way for creditors to take equity in the company.

Update: MOL Comfort Still Afloat After Breaking in Two

Earlier reports attributed to the ICG said the vessel sank off the coast of Yemen.

Bunkering Iranian vessels Could Violate New U.S. Sanctions

Tougher U.S. sanctions effective July 1, 2013 apply to vessels tied to the Iranian government or flying the nation's flag.

Brightoil Zhoushan Oil Storage Project Begins

The company has signed a contract for construction of the facility, with plans to complete it by late 2014.

New Chilean Oil Dock to Improve Fuel Delivery

The $140M facility will allow for faster loading and unloading of oil products.

Wärtsilä Supplying Systems for Harvey Gulf MPSV

The integrated solutions aim to optimise performance for economic and environmental benefits.

Tesoro Sells Hawaiian Refinery

The 94,000 bpd Kapolei refinery and associated retail and logistical operations will continue running under the new owner.

Another STX Pan Ocean Vessel in US Arrest, $900,000 More in Unpaid Bunker Claims

Three vessels named in a new round of claims by World Fuel Services.

STX Pan Ocean Bankruptcy Could Have Significant Impact on J. Lauritzen Results

The concerns stem from two capesize bulk carriers on long term time charter from Lauritzen Bulkers.

Maersk Line Seeks Europe-Asia Profitability with Triple-E Ships

The company held a naming ceremony for the first of the new 18,270 TEU capacity ships.

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