All News

Ecoslops "Operating Well" After First Sale of Bunkers from Recycled Slops

The company says it is "ramping up" industrial production after importing a second 3,000 tonne shipment of slops for refinement.

1 Dec 2015

Industry Insight: A Survival Guide for Evaluating the Cost of Converting a Vessel to Use LNG Bunkers

There are 3 questions to ask when evaluating LNG: What is the incremental cost for dual-fuel vs. diesel-only, the payback period, and being sure of LNG supply.

1 Dec 2015

Crude Futures End the Month Soft

The latest figures show there was no sign of a U.S. cut in oil production despite a steady drop in rig counts for the month of September.

30 Nov 2015

Pacific Basin Sees Much Improved Financials For 2015

Pacific Basin Shipping said it will drastically reduce its losses in 2015, although the final numbers will depend on values for bunker swaps.

30 Nov 2015

New Cruise Ship Sets Sail with World's Largest Scrubber System

Yara says that there is one inline scrubber for each of the ship's engines, providing the capacity to clean emissions for 76.8 MW engine power.

30 Nov 2015

Maersk Still Willing to Consider NOL, Other Acquisitions

Maersk executive says he will consider resuming talks with the Singaporean liner.

30 Nov 2015

IMO Names Kitack Lim as Next Secretary-General

Lim will succeed Koji Sekimizu as IMO secretary-general with an initial four-year term, set to begin on January 1, 2016.

30 Nov 2015

Debunkering of Sunken Bunker Spill Trawler Oleg Naydenov Complete

The ship, which sank about 15 miles off of Punta Maspalomas in the Canary Islands on April 14, is reported to have held an estimated 1,409 tonnes of fuel.

30 Nov 2015

Seaspan to Utilise DNV GL Bunker Saving Fleet Management Solution

The ECO Insight solution is said to provide an easy to use and comprehensive method for fleet performance management.

30 Nov 2015

"Major Milestone" Marked as BC Ferries Names LNG-Powered Ferry

The Canadian ferry operator says it will "continue to look for opportunities to build LNG-powered ferries."

30 Nov 2015

Dry Bulk Will Get Worse before it Gets Better, Says Analyst, as Low Bunker Prices Effectively Increases Vessel Supply

Allied Shipbroking says that "it seems as though trade is at a much more dire state than what had been expected."

30 Nov 2015

China, Not OPEC, Holds Key to Oil Price Recovery

An HSBC advisor says OPEC slashing output won't necessarily result in better prices.

30 Nov 2015

New Hire for LQM in Connecticut

Nikolas Gkikas is said to have come from a strong maritime background and education.

30 Nov 2015

Ship & Bunker, FortisBC Begin First Published Posting of LNG Bunker Prices

Bunker buyers will be able to clearly make a like-for-like price comparison between LNG and the traditional bunker choice most relevant to them.

30 Nov 2015

Emissions Monitoring Drones Set to Fly from Hamburg, EMSA Says Member States Struggling to Enforce ECA Rules

Drones could be regularly monitoring ships as early as next year.

27 Nov 2015

ESL Looks to LNG Bunkers for Dry Bulk Profitability

ESL says it has ordered two "extremely energy-efficient" LNG-fueled large bulk carriers, reported to be the first of their kind, for a total value of €60 million.

27 Nov 2015

Scorpio Bulkers To Sell Six Capesize Vessels

New York-Listed Scorpio Bulkers announced it will sell two existing carriers and four newbuilds for approximately $227 million.

27 Nov 2015

ZIM Posts Fourth Consecutive Profitable Quarter, Despite Tough Market

Volumes were up slightly, but low freight rates negatively impacted ZIM's Q3 2015 total revenues.

27 Nov 2015

MTI Extends Singapore BEO for Liner Shipping Agreements Another Five Years

The Ministry of Trade and Industry says it has extended the Competition Block Exemption for Liner Shipping Agreements Order until December 31, 2020.

27 Nov 2015

ClassNK Unveils New Container Carrier Rules in Wake of MOL Comfort Disaster

International classification society ClassNK has announced new rules and guidance to enhance safety of container carriers.

27 Nov 2015