All News

ICS "Fully Supports" Global Climate Change Deal at COP21

ICS says that ambitious CO2 reduction targets within the shipping industry will be better achieved if the IMO continues to lead further supporting regulations.

3 Dec 2015

Cargo Ship Spills Fuel During Bunker Transfer

Authorities have begun a clean up effort after a used pipeline for bunkering broke during the transfer, spilling an unknown quantity of fuel into the water.

3 Dec 2015

Vessel Owners Choosing More Fuel Efficient Tonnage for ECA Routes

However, ECA navigation avoidance could be boosting CO2 emissions.

3 Dec 2015

Weekly Vessel Scrapping Report: 2015 Week 48

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from November 26 – December 2, 2015.

3 Dec 2015

ING/OW Bunker, Bomin Hit Singapore Owned Vessel With $1.8 Million in Double Bunker Payment Claims

Both parties are seeking payment for the same bunkers delivered to M/V Bulk Finland on October 16, 2014 in Balboa, Panama.

3 Dec 2015

Crude Slides Almost 5%, WTI Drops Under $40/bbl

OPEC leading Saudi Arabia gave a hint that its unlikely they will be cutting back production.

2 Dec 2015

DNV GL Grants Approval in Principle to World's First LNG-Fueled VLCC Design

The vessel's LNG fuel tanks are said to enable the vessel to sail round trip from the Middle East to the U.S. without needing to refuel.

2 Dec 2015

Castrol Launches New ECA Marine Cylinder Oil

Cyltech ACT is said to be intended to assist ship operators in successfully managing the complexities of ECA transition.

2 Dec 2015

SCA Signs Agreement with Sonker Bunkering and DP World for Ain Sokhna Port Development

The agreement was signed by Egypt's Suez Canal Authority and the Red Sea Ports Authority with DP World and Sonker on Saturday.

2 Dec 2015

Van der Velden: FLEX Tunnel Provides Direct Results in Bunker Savings

The company says test results suggest that about 27% lower energy consumption was achieved by using the Flex Tunnel.

2 Dec 2015

Reports: CMA CGM Seeking Funds for NOL Takeover

The talks are said to be a part of a requirement for CMA CGM to demonstrate that it has sufficient financial resources to make a definitive bid for NOL.

2 Dec 2015

Bunker Detectives Launch New Operation in Fujairah, Rebrand to Petro Inspect

"The renaming of the company to Petro Inspect will better capture its philosophy and value proposition," says founder Kaivan Chinoy.

2 Dec 2015

Little Direction for Crude as Vienna Summit Nears

The current consensus is OPEC will not cut back production to help stabilize the market into a healthy equilibrium.

1 Dec 2015

Bankrupt Bunkers International Back $5 Million Purchase Offer from Bomin

The deal is subject to bankruptcy court approval, which will be heard on December 10, 2015 at 3:00pm.

1 Dec 2015

Expanded Suez Canal Said to Give Shippers Savings of 5-10%

Bank of Alexandria says the new canal will decrease transit times from 18 hours to only 11 hours.

1 Dec 2015

Iran's NITC Back in the Bunker Business

NITC director says his firm is returning to the international and European bunker markets.

1 Dec 2015

Clean Up Efforts Underway After Russian Tanker Spill

The tanker is said to have been carrying 786 tonnes of fuel oil and diesel fuel when it ran aground Saturday off of Nevelsk on Sakhalin Island, Russia.

1 Dec 2015

Alfa Laval Announces Inline Scrubber Design

The company says the addition makes the PureSOx platform "even more versatile" and is an alternative for vessels with more complex structural needs.

1 Dec 2015

April 2016 Opening Date for Expanded Panama Canal Remains Uncertain

It is reported to have been announced at the press conference that repairs to leaks in the canal's third set of locks are expected to be complete in January.

1 Dec 2015

CLIA: EU's "Patchwork" Sulfur Rules Affecting Ships' Operational Efficiency

"EU member states need to focus on aligning the application of European legislation at all their ports to avoid this confusion," says CLIA.

1 Dec 2015