All News

Battery Ship Project Shows 30% Fuel Savings

The DNV study shows payback time of less than a year for a battery-powered hybrid ship.

11 Apr 2013

ILA Overwhelmingly Approve New Master Contract

The new six-year contract covers U.S. East and Gulf Coast ports.

11 Apr 2013

MPA, ABS Launch Maritime Technology Program at Singapore University

The new Maritime Technology Professorship represents collaboration with ABS and MPA.

11 Apr 2013

Gazprom Predicts Strong Baltic LNG Bunker Market

The Russian gas company plans to involve itself in infrastructure development and wants guaranteed LNG shipping contracts.

11 Apr 2013

New Lubricants Needed for New Fuel Types

Total's technical director says the company is developing new lubricants to adapt to new ship technology.

11 Apr 2013

Daily Bunker Price Report, Wednesday Apr 10, 2013

Global bunker prices were firm today, with most of the world's key ports making small gains.

10 Apr 2013

Fuel Efficiency is Driving Down Bunker Demand

Demand in the U.S. and Panama is near all-time lows as ships adopt measures including slow steaming.

10 Apr 2013

Petronas Increases Bid for MISC to $3bn

The company raised its offer after minority shareholders in the LNG shipping company balked at the original price.

10 Apr 2013

Bourbon to Sell $1.5bn of Vessels to China's ICBC

The French oil and gas marine services group plans to sell $2.5 billion worth of vessels on sale-and-lease contracts.

10 Apr 2013

Brightoil Warns Ecoships are Not Really Ecoships

Per Wistoft, CEO of Brightoil Shipping Singapore says it's just a marketing tool by shipyards to sell the ship.

10 Apr 2013

Teekay Tankers Orders Four Fuel-Efficient LR2 Product Tankers

The newbuilds are said to have 20 to 30 percent fuel savings compared to current vessels.

10 Apr 2013

Baltic Sea May Lead the Way to LNG Bunkering

Norway's prime minister says the fuel is a "promising alternative" for the polluted sea.

10 Apr 2013

Asian Shipping Needs United Voice, Says SSA President

"Shipping is moving east" and Asian organisations must work closely to have their messages heard.

10 Apr 2013

Daily Bunker Price Report, Tuesday April 09, 2013

Global bunker price movements were mixed today as the run of big price drops comes to an end.

9 Apr 2013

Canadian Shipowners Protest U.S. Ballast Water Rules

The rules, which seek to protect the Great Lakes from invasive species, are also under fire from conservationists who say they don't go far enough.

9 Apr 2013

India Poised to be an Important U.S. LNG Export Market

India's ambassador to the U.S. writes that trade in the fuel could benefit both countries.

9 Apr 2013

Port of Seattle Joins Green Marine Program

The port is the first on the U.S. West Coast to sign on to the industry effort to reduce environmental impacts.

9 Apr 2013

Japan, India to Discuss LNG Pricing Mechanisms

Both countries see the current oil-indexed pricing for LNG imports in Asia as no longer valid.

9 Apr 2013

KPI Bridge Oil Appoints Global Marine Lubes Director

Caroline Huot, who has more than 17 years experience in the Marine Lubricants sector, will be based in Singapore.

9 Apr 2013

Hamburg Wants Hapag-Lloyd, Hamburg Süd Merger Talks to Resume

Hamburg's economy minister says a merger will improve Hapag-Lloyd's chances of surviving the current economic downturn.

9 Apr 2013