All News

Qatar Offers Egypt Free LNG Cargoes
The nations are planning a larger deal that would help address an energy shortage in Egypt this summer.
13 Jun 2013
Dubai, Singapore Port Authorities Sign Cooperation Agreement
The organisations plan to "closely cooperate on maritime issues of mutual interest."
13 Jun 2013
Unprofitable LNG Shipping Rates Predicted
Growing fleet, shorter voyages will contribute to reducing demand and driving down prices.
13 Jun 2013
Maersk Oil CEO Foresees Downward Pressure on Oil Prices
He said the company plans to increase its production significantly by 2020.
13 Jun 2013
North American Ports Plan 80% Drop in Diesel Emissions
Port of Seattle, Port of Tacoma, and Port Metro Vancouver say they will build on emissions reductions made in recent years.
12 Jun 2013
STX Vessel Arrested in US Over $1M in Unpaid Bunker Bills
World Fuel Services say the bunkers were delivered to two vessels last month while they were in Korea.
12 Jun 2013
OW Bunker to Seek Formal Approval from MPA for Coriolis Flow Meter Use
The move follows the completion of its second successful delivery to a customer using the technology.
12 Jun 2013
Vitol Asia Increases Credit Facility to $2.21bn
The independent energy trader says it represents a significant year-on-year increase.
12 Jun 2013
Hyundai to Start Low Sulfur Bunker Supply in Busan
The refiner currently supplies low sulfur bunker fuel to ports in the West of the country.
12 Jun 2013
Excel Maritime Says it Plans to file for Bankruptcy
The dry bulk shipper also says it has reached an agreement with creditors that will give it an $80 million infusion of capital.
12 Jun 2013
Vopak Looks to Build LNG Storage in Asia
The company says growing supply of the fuel and its increasing use for bunkering will require more storage.
12 Jun 2013
Biofuel Developer Signs Deal with Neste Oil
Algae-based oil could be "holy grail" for U.S. and European efforts to promote renewable energy.
12 Jun 2013
Houston Bunker Prices Dip as Prices Soften in the U.S.
IFO380 at the port fell $2.50 to $580.50 pmt today, while LS380 fell $5.00 pmt.
11 Jun 2013
First LNG Bunkering Facility Coming to U.S. Gulf
Harvey Gulf plans to open the $400 million facility in Louisiana in February 2014.
11 Jun 2013
Shale Oil Raises World Crude Estimates by 11%
A new U.S. report finds shale reserves account for a tenth of global oil resources and a third of gas.
11 Jun 2013
Norwegian Company Orders Seagoing LNG Bunkering Vessel
The vessel, using Torgy, Rolls-Royce technology, will be used for bunkering and small-scale distribution.
11 Jun 2013
Teekay in "Pioneering Transaction" for Two Fuel-Saving LNG Carriers
The LNG carriers will be used to transport exports from the U.S. Sabine Pass export terminal.
11 Jun 2013
Another Trader Joins Singapore's Dynamic Oil Trading
Mona Liu is the second addition to its trading team this month.
11 Jun 2013
Singapore Oil Company Outlines $3 billion Expansion Plans
Hin Leong Chairman O.K. Lim says China and Southeast Asia need oil for their economic development.
11 Jun 2013
Russian Policies Boost Fuel Oil Exports
Tax incentives have encouraged the continued use of old refinery equipment that produces more fuel oil.
11 Jun 2013