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Wärtsilä, Cavotec to Develop First Wireless Marine Charging System

The system aims to eliminate both mooring lines and charging cables.

SENER Designs New LNG Bunkering Vessel

The 8000 m3 capacity LNG-propelled vessel is said to have been designed for navigation, maneuverability, and operation in rough conditions.

Bunkering Set to be Hit by More Strike Action at Greek Ports

Port workers are reported to be set to strike from Wednesday at 6 a.m. local time until Friday at 6 a.m.

Low Bunker Prices No Blessing for Box Carriers

"Like it or not, the container shipping fleet can cater for a much higher transport requirement than it does today, without growing at all for a few years."

Contracting for New Vessels Down 40 Percent

But Clarksons Research says this is not enough to improve market conditions.

Bunker Technology: This is What You Need to Know About ClearLynx

Bunker Technology: This is What You Need to Know About ClearLynx

"It's not a Faith in Technology. It's Faith in People."

Brent Futures Firm

Crude prices rallied today as speculators anticipate OPEC and Russian oil exporters would scale back production.

Baltic Dry Index Resumes Its Decline, Falls to New Low of 345

While the cape index at least had seen some gains over the last few sessions, today, rates were down across the board.

Lukoil CEO Downplays Iran's Ability to Impact Oil Markets

"All of Iran's oil producing equipment needs to be modernized, its oil fields require investment," says Lukoil chief executive Vagit Alekperov.

Vertex Energy Looks to "Aggressively" Enter Bunker Fuels Market

"We intend to aggressively pursue this market in 2016," says Chairman and Chief Executive Officer Benjamin P. Cowart.

Cockett Marine Oil Strengthens U.S. Team

"The appointment will enable the Group to increase its customer business in US," says Group Chief Operating Officer Cem Saral.

Repairs and Upgrades for UK Bunker Tanker

The work also include repairs for a blown out cylinder.

Call for Bunker Tax Exception for Indian Flagged Vessels

It has been proposed that the VAT exception on bunker fuel apply to Indian flagged vessels operating along the coast and inland waterways.

Gulf Petrochem Announces Fujairah Terminal Expansion Project to Begin in April 2016

The expansion will increase terminal storage capacity by 243,280 cbm, bringing the Fujairah terminal's total capacity to 655,280 cbm.

Singapore Bunker Sales Growth a Function of Bunker Calls, Not Stem Size, Data Suggests

The average Singapore stem size has remained relatively flat over the last decade.

Singapore Ship Arrest Activity Falls for a 3rd Consecutive Year [GRAPH]

Official data provided to Ship & Bunker by the Supreme Court of Singapore also shows a slight increase in Warrants of Arrest filed last year.

Oil Prices Retreat

In the last two trading sessions both ICE and NYMEX crude contracts surged 10%.

Baltic Dry Index Doesn't Fall for First Time in 2016

The Baltic Dry Index nevertheless remained at a historical low.

Anthony Verder Announces "First Sustainable Shipping Loan"

The €66 million Euro Private Placement is said to be fully certified in accordance with Bureau Veritas' Clean Shipping Index Guidelines.

Troubled Dry Bulk Player Looks to Exit Market

Another major player says the market is "in its most distressed position since the mid-1980s."

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