All News

Brexit: EU 'Leavers' Yet to Address Concerns of UK Chamber of Shipping
The UK Chamber of Shipping thinks campaigns calling for an exit from the EU have not been robust enough.
8 Mar 2016
SSI Launches Roadmap to a Sustainable Shipping Industry
SSI defines tangible milestones around sustainability to meet the 2040 goals.
8 Mar 2016
Wärtsilä Audit Identifies "Deviations" in Fuel Consumption Tests
An internal audit has revealed deviations in the fuel consumption tests of marine engines.
8 Mar 2016
Wind Power Can Help Older Tonnage Compete with Newer Eco-Ships, Says New Study
A new report from UCL-Energy and the Carbon War Room claims wind technology can yield up to a 60% fuel savings for ships.
8 Mar 2016
GAINN Projects to Support Development of LNG Bunkers in the EU
Two new projects are designed to facilitate the introduction of LNG into the Mediterranean bunker infrastructure.
8 Mar 2016
PIRA Predicts End of Oil Rout and a "New Anchor" of $50 Prices This Year
But Saudi Arabia has not publicly indicated the likelihood of participating in this end goal.
8 Mar 2016
Brent Breaks $40/bbl, But Glut Warnings Persist
Analysts think an improved attitude towards risk assets overall is the real reason for the oil rally.
8 Mar 2016
Bunker Buyers Are More Aware of the "Hidden" Risks of Undercapitalized Suppliers: WFS
But understanding the relative risk levels is not as simple as big player vs small player, or trader vs physical supplier.
8 Mar 2016
Crude Benchmarks Up 5%
Bunker prices were quite firm in the primary ports.
7 Mar 2016
Vitol Looking to Cash in on Oil Glut With Sale of a Stake in VTTI
VTTI says it had a storage capacity of 8.7 million cubic meters.
7 Mar 2016
Opportunities for Hong Kong, But Many Restrictions Likely to Continue For Singapore as Iran Sanctions Lift
However Ince & Co says it means China faces competition in the Islamic Republic.
7 Mar 2016
CMA CGM Will Send Six 18,000 TEU ULCSs to Asia/US West Coast Service
There is worry the deployment will create more overcapacity and impact already-low rates.
7 Mar 2016
Singapore Owner Fined $130,000 for Violating Fuel Switching Regs
The incident in question dates back to 2012.
7 Mar 2016
Singapore: MPA Announces Mandatory Mass Flow Meter Training Courses
Attendance will be mandatory for all in-service bunker cargo officers and bunker surveyors.
7 Mar 2016
Low Bunker Prices Mean Avoiding Panama and Suez Canals Could Save Liners Money, Say Analysts
It is reported falling oil prices have enabled vessels to save an average of $235,000 per voyage by going around Africa to avoid the Suez Canal's tariffs.
7 Mar 2016
Greek Owner Pays €500,000 to Release Vessel After Suspected Bunker Spill
Captain of bulk shipper photographed trailing a 40 kilometer bunker fuel slick gets fine and summons
7 Mar 2016
Jeddah Players Inactive on Low Bunker Prices
National Bunkering and APSCO are both said to be inactive in the Jeddah bunker market.
7 Mar 2016
Nigeria: Expect a "Dramatic Price Movement" - Oil Output Talks Reportedly Set for March 20
Optimistic Nigerian official says "everybody is coming back to the table."
4 Mar 2016
2020 Global Sulfur Cap: Market is "Psychologically" Ready, Refining is Not
The industry needs more time to make "wise decisions," delegates at the Asian Refinery Summit in Singapore were told this week.
4 Mar 2016
Bankruptcy Petition Filed by Bulk Invest
Bulk Invest, which was known as Western Bulk until recently, has filed for bankruptcy after creditors rejected the company's restructuring efforts.
4 Mar 2016