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Terminal Operator Expanding in Florida
The company, a subsidiary of Apex Oil, has bought land from Chevron USA for $20.8 million.
25 Apr 2013
Natural Gas Could Displace 3 Million bpd of Bunkers
Overall, natural gas may drop global oil demand by almost 25%, says Citi Group research leader.
25 Apr 2013
Daily Bunker Price Report, Wednesday April 24, 2013
Bunker price movements were mixed today, but a number of key ports saw gains as WTI closed up $2.25.
24 Apr 2013
U.S. Spending $18M on Pilot Biofuel Projects
The four projects seek cost-effective ways to convert waste materials, non-food biomass, and algae into fuel.
24 Apr 2013
Torm's CFO Resigns
Roland M. Andersen will continue his normal duties on the Executive Board and leave at the latest by the end of October 2013.
24 Apr 2013
Eco Marine Power Sign Marketing and Development MOU
EMP and AIMS Global Engineering to market a solar-electric ferry later this year.
24 Apr 2013
Brightoil Secures 3-Year, $30 million Loan
As part of the agreed loan terms, Brightoil Chairman Sit Kwong Lam must remain the controlling shareholder.
24 Apr 2013
Lloyd's Register Finds Value in Wind Power
A seven-month trial provided data on using wind to augment ships' auxiliary power supplies.
24 Apr 2013
Chinese Ship Sinks After Fire in Antarctic
Authorities say the fire probably burned up any fuel on board, reducing the risk of a spill.
24 Apr 2013
Wrist Group Reports Rise in Sales and Earnings
Wrist Group CFO Morten Skou says they are "satisfactory results for the Group."
24 Apr 2013
Daily Bunker Price Report, Tuesday April 23, 2013
A number of key ports hit their lowest prices of the year so far today, but some gains were also recorded, particularly in North America.
23 Apr 2013
Promotion at International Bunkering
Company says effective April 18, 2013 Mr Anjay Menon has been promoted to Senior Bunker and Lubricant Trader.
23 Apr 2013
Clarkson Adjusts Shipping Rates as Fuel Costs Rise
The shipping services company said the price of low-sulfur fuel in ECAs is hurting earnings.
23 Apr 2013
U.S. Navy Secretary: We Must Continue to Invest in Alternative Energy
The Navy is using hybrid electric vessels and biofuels to reduce its use of petroleum.
23 Apr 2013
Canada Funding Halifax Port Improvements
Integrated port logistics system and air gap system promise to help with environmental and efficiency goals.
23 Apr 2013
Extra Efficiency Lands Rolls-Royce Propulsion Systems Deal
The company said a U.S. logistics provider switched from a competitor's system after finding extra efficiency gains in its product.
23 Apr 2013
Upgrade for Falmouth Bunkering
World Fuel Services subsidiary FPL says the upgraded terminal will be one of the most modern in the UK.
23 Apr 2013
Singapore's Yujin International Plans to Delist from AIM
The company said its share price does not reflect its value and it would prefer to seek private investors.
23 Apr 2013
"Flavour of the Month" Eco-Ships Are Not For Mainstream Shipping
Tsakos Energy Navigation CEO Nikolas Tsakos says similar results can be achieved by spending "much less."
23 Apr 2013
Daily Bunker Price Report, Monday April 22, 2013
Bunker prices in Asia make gains, as movements in the EMEA region are mixed, while prices mostly fell in the Americas.
22 Apr 2013
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