All News

"Pioneering" 25% Bunker Saving Venture Bringing Ship Owner and Charterer Together Acknowledged with Award

Hammonia, Intermarine, and Carbon War Room were awarded the Energy Efficiency Project of the Year at this year's BusinessGreen Leaders Awards.

8 Jul 2016

Baltic Dry Index Regains Ground Lost, Moves Back Above 700

The Batlic Dry Index gained 4 points Friday to close out the week at 703.

8 Jul 2016

Zederkof: After OW, the Trust in the Bunker Industry has Gone

There are now also concerns over the "durability" of suppliers, says the CEO of Dan-Bunkering.

8 Jul 2016

U.S. Firm Wins Legal Battle Over Novel Ship Emissions Control Technology Patents

San Pedro-based CAEM and Long  Beach-based AEG both market emissions control technology intended to reduce emissions of cargo ships.

8 Jul 2016

US is the Global Leader in Oil Reserves, But the Saudis Remain the True Market Kings: Analysts

Meanwhile, Rystad Energy says at current production rates the world's reserves will be depleted 70 years from now.

8 Jul 2016

MRV Implementation Discussed at ESSF Plenary

ESSF held its 6th Plenary Meeting in Brussels on June 28, 2016 to discuss the implementation of the EU Monitoring, Reporting and Verification regulation.

8 Jul 2016

IBIA to Participate in BIMCO's Standard Bunker Contract Review in Wake of Res Cogitans Ruling

The subcommittee's review is said to be intended to improve the Terms as a result of the fall out from OW Bunker's bankruptcy.

8 Jul 2016

Asia Demand Seen as a Far Bigger Problem than Brexit as Oil Drops 5%

John Kilduff worries that upcoming economic data from China will be "worse than we ever thought."

8 Jul 2016

Volatility, Falling Oil Prices Continue

Bunker markets closed the day soft.

7 Jul 2016

Ship Efficiency in Focus as IMO Announces World Maritime Day Theme for 2017

"More efficient shipping ... will be a major driver towards global stability and sustainable development for the good of all people," says Kitack Lim.

7 Jul 2016

Weekly Vessel Scrapping Report: 2016 Week 26

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from June 30 – July 6, 2016.

7 Jul 2016

Quadrise: First MSAR Emulsion Bunkers Delivered and in Trial

Quadrise says it has made "excellent progress," having produced and delivered its first batch of its MSAR bunkers, which are now being trialed.

7 Jul 2016

MARAD Releases Free Guide to Latest Bunker Saving Measures and Technology

"The Paper provides a basis upon which owners and operators can evaluate potential investments in efficiency measures and technologies," says MARAD.

7 Jul 2016

Development of LNG Bunkering Operations at Patras "High Priority"

The comments came as part of a Poseidon Med II technical workshop held at Patras Port on June 28 and 29.

7 Jul 2016

Ilshin Shipping Orders LNG-Powered Bulk Carrier

Ordered from Hyundai Mipo Dockyard, the 50,000 DWT bulk carrier will feature an energy efficient dual-fuel engine.

7 Jul 2016

Becker Marine Dismisses Rumours Over its LNG Hybrid Cold Ironing Barge

The statement has come in response to reports that the barge in the Port of Hamburg has been experiencing operational challenges.

7 Jul 2016

Singapore's Keppel Partners with Shell on LNG Bunkering Business

The two companies have signed a shareholders agreement to develop LNG bunkering services to supply vessels in the Singapore port.

7 Jul 2016

UK-Firm Testing Low Sulfur Bunkers Made from Recycled Plastic

Consultancy Ricardo Tuesday announced that it is working with UK-based Recycling Technologies Limited to test the fuel known as Plaxx.

7 Jul 2016

German Company Fined $1 Million in U.S. Oil Dumping Case

The sentence includes a $800,000 criminal penalty, a $200,000 community service payment, and 3 years of probation for the company.

7 Jul 2016

Two VLCCs Making Surprise Fuel Oil Shipment to Singapore

The vessels have been chartered by PetroChina and Trafigura.

7 Jul 2016