All News

IEA: Oil Prices Will Stall at $50, But Demand to Increase Followed By Return to Surplus In 2017
The agency views India as a world leader in demand growth.
15 Jun 2016
DSME Slated to Build Four Fuel Efficient Tankers for Maran
DSME says the two 318,000 tonne VLCCs under the order will feature the latest high efficiency engines and fuel-saving technologies.
15 Jun 2016
Petronet LNG to Develop India LNG Bunkering for 2018
IWAI and Petronet LNG will work together to develop the operation of LNG barges on Ganga.
15 Jun 2016
Battery-Powered Ferry "A Step into the Future," Says Turkish Shipyard
While the vessels will have hybrid propulsion, with biodiesel or biogas used on one of the ships, Fjord1 it will utilise full electric operation on both ferries.
15 Jun 2016
Korean Government Mulls Hanjin-HMM Merger
Such a merger will be decided upon once the two struggling shipping companies' management has been normalised.
15 Jun 2016
Despite Price Gains, Producers Plan For "Lower-for-Longer" Norm of $65 Oil
Further consolidation characterizes what analysts call the final phase of a five-part oil cycle.
15 Jun 2016
Oil Benchmarks Down as Brexit Talk Rattles Markets
Bunker prices were somewhat soft in the primary ports.
14 Jun 2016
North American Operator Expands Scrubber Use for ECA Compliance
Interlake says the M/V James R. Barker became the first of the company's 1000-foot vessels to to be outfitted with an exhaust gas scrubber system.
14 Jun 2016
Lombok, Makassar Straits Could Replace Malacca Strait as Main Sea Trading Lane, Says Indonesian Government
Rizal Ramli, Coordinating Minister for Maritime Affairs and Natural Resources, wants to "lobby big players" to use the route.
14 Jun 2016
NOL: Singapore Still Competitive Maritime Hub, Outgrew Need for NOL Years Ago
Ng Yat Chung, CEO of Singapore's NOL, says he remains "bullish" on the future of Singapore.
14 Jun 2016
Singapore Posts Highest Ever Monthly Bunker Sales After Jump in Average Stem Size
An average stem size of 1,203 mt was the highest since the 1,210 mt recorded in April 2014.
14 Jun 2016
Dismal Asian Data, Prudent Saudis, and the "Sultans of Swing" Will Determine Oil Prices: Analysts
However, there's a growing consensus that prices have hit their peak for the time being.
14 Jun 2016
Wärtsilä: Alternative Fuel Retrofits Will Be Driven by Vessel Life-Cycle Cost and Trade Area
Stefan Wiik, VP of Engines at Wärtsilä Marine Solutions, when speaking on future marine fuel mix, also noted that "there is not one fuel that fits all."
14 Jun 2016
GE Highlights Role of Technology in Reducing Bunker Costs
The company says bunker savings and operation optimisation have been the major drivers of the adoption of digital technology for fleets.
14 Jun 2016
MAN: Low Bunker Prices Mean Efficiency Gains Need to Deliver "Twice the Value for the Same Price"
As a result, efficiency gains through systems, software, and engine mapping could reach 6.5% per year over the next decade, up from 0.3% per year.
14 Jun 2016
OPEC Reports Strong USGC Bunker Demand, Predicts a Rebalancing of Oil Markets by Year End
The cartel in fact warns of a daily supply deficit during the second half of 2016.
14 Jun 2016
Crude Benchmarks Start the Week Soft
China's growth may be stagnating due to industrial overcapacity and mounting debt while Britain may vote to leave the European Union.
13 Jun 2016
Peru Accedes to Ballast Water Management Convention
Peru brings the total number of states party treaty to 51, but the convention is still short of the required 35 percent of the world's merchant fleet tonnage.
13 Jun 2016
Cockett to Suspend UK Physical Bunker Supply Operations
The decision is said to be part pf an effort to reconsolidate the company's V-Marine Fuels operations in ARA.
13 Jun 2016
Here Are the Results of the Singapore Bunker Trader Salary Survey 2016
Here Are the Results of the Singapore Bunker Trader Salary Survey 2016
In an industry as dynamic and performance driven as Bunker Trading, the salary market is in a constant state of flux.
13 Jun 2016