All News

UKAS Approves Verifavia's EU MRV Services Internationally
The accreditation enables Verifavia to perform EU MRV services for ships anywhere in the world, regardless of country of ownership, flag state, or class.
1 Mar 2017
Weakening Brent Spread and Lower BP Break-Even Price Suggest Downside Risk is Greater
The news is also another blow to the highly-touted effectiveness of the OPEC production cuts.
1 Mar 2017
OPEC Oil Cutback Compliance Rises to 94% But Has Little Effect on Prices
The market once again indicates it has a high level of production cuts priced in.
1 Mar 2017
Bulker Values on the Rebound From "Rock Bottom" Levels: VesselsValue
Values among 5-year-old handysize bulkers, as well as 15-year-old Panamax and Supramax assets, have risen by more than 40 percent, says VesselsValue.
1 Mar 2017
Lukoil's $65 Oil Price Prediction Underscores Sentiment of No Big Market Breakout in Foreseeable Future
Meanwhile, one expert warns that a drop to the $40s is entirely possible.
1 Mar 2017
London Cruise Ship Terminal Escapes Latest Community Efforts on Shore Power
Lord Justice Henderson rejected a leave to appeal to the High Court on February 22.
1 Mar 2017
NABU Issues Another Call for EU Action on Shipping Pollution
The organisation says the EU must take a lead role by designating all its waters as ECAs.
1 Mar 2017
Hapag-Lloyd Cites Lower Bunker Costs for Reduced 2016 Transportation Costs
Hapag-Lloyd Cites Lower Bunker Costs for Reduced 2016 Transportation Costs
However, despite a 2.7 percent increase in transported volumes, lower average freight rates in 2016 saw Haplag-Lloyd's revenue fall to €7.7 billion.
28 Feb 2017
Woodside and GE Partner on Development of LNG as Fuel in Western Australia
"The agreement between our companies will harness the combined experience and offerings of Woodside and GE," said Woodside's CEO, Peter Coleman.
28 Feb 2017
Seaspan Ferries Takes Delivery of Second Hybrid, Dual-Fuel Vessel
Like its sister vessel, Seaspan Swift, which was delivered to SFC in December, Seaspan Reliant can run on diesel, LNG, and battery power.
28 Feb 2017
2020 Sulfur Cap Could Add $60 Billion to Shipping's Annual Bunker Costs
Higher crude prices and tight MGO availability could push the price of MGO up by nearly four times against fuel oil prices in 2016, says Wood Mackenzie.
28 Feb 2017
Gulf Petrochem Hires New Rotterdam-Based Trader, Eyes Growth for Physical Business
Gulf Petrochem is looking to expand its barge fleet in Europe, add a new physical area, and add another trading office in Europe, all in 2017.
28 Feb 2017
Adani Eyes Expansion of Its Bunker Business
The plan is said to be expected to grow the current 1 million tonne Indian bunkering market to 3.5 million tonnes by 2020.
28 Feb 2017
MPA Grants Tankers Extension Approval Tests for Older MFM Systems
MPA, along with TR48 technical experts, have developed an extension approval test to validate certain MFM systems as an alternative to recalibration.
28 Feb 2017
Continued OPEC Rhetoric Unable to Positively Impact an Oil Market Pummeled by Rising US Production
One analyst suggests market speculators are setting themselves up for a massive disappointment.
28 Feb 2017
Construction Begins on World's First Battery-Powered Expedition Cruise Ship
The hybrid battery-powered MS Roald Amundsen is being built at Norway's Kleven Verft shipyard for Hurtigruten.
28 Feb 2017
Carnival Marks Completion of Scrubber Installation on 60 Vessels
Carnival says the installation schedule for remaining vessels will be forthcoming.
28 Feb 2017
Crude Flat as Concerns Raised Over a Record Number of Bullish Bets
Bunker prices were stable to firm in the primary ports.
27 Feb 2017
USCG Responds to Spill Threat From Partially Submerged Vessel
Sonny J was reported to be partially submerged near Vidalia, Louisiana, with approximately 4,000 gallons of diesel fuel onboard on Sunday.
27 Feb 2017
Ascenz Launches Voyage Management Offering for EU MRV
Ascenz says Shipulse also enables vessel shipowners greater visibility and control over their vessel operations.
27 Feb 2017