All News

d'Amico Calls 2015 Q3 "One of its Best" Quarterly Results
DIS says it achieved a net profit of $14.7 million, compared to $0.3 million during the same quarter in 2014.
13 Nov 2015
Viking Line 2015 Interim Results See "Favourable Effects" from Low Bunker Prices
While Viking Line says Finland's economic downturn has created uncertainties, the company has seen positive effects on earnings results from low fuel prices.
13 Nov 2015
Another Bunker Supplier Makes Unpaid Bunker Claim Against Already Arrested Vessel
Bunker supplier Sprague Operating Resources claims that Canada-based Nova Star Cruises has missed two payments for June and July.
13 Nov 2015
Singapore Interested in Development of Arctic Shipping Routes
It was noted that changes in the Arctic may have effects on Singapore far into the future.
13 Nov 2015
Stranded Bulk Carrier given 90 Days to Debunker
Accounts differ as to whether Los Llanitos has spilled any fuel.
13 Nov 2015
OPEC Looks to Raise Output Ceiling at December Meeting
The organisation is said to be contemplating a lift in its output target by 1 million bpd, taking into account the addition of new member Indonesia.
13 Nov 2015
NOL Takeover Talks Fail to Lift Share Price, Highlights Market Scepticism Over a Sale
Thursday's close is a discount of 25 percent of the company's book value of S$1.380.
13 Nov 2015
Crude Futures Continue to Tumble
EIA stats showed a much larger build in U.S. inventories than anticipated.
12 Nov 2015
Torm Sees Best Rates Since 2008, Contemplates NY Listing
The company says it achieved spot rates for its medium range product vessels of $24,599 per day during the quarter, a 77 percent year on year increase.
12 Nov 2015
FIS: Bunker Buyers Focusing Too Much on Low Bunker Prices, And Not Enough on Volatility
FIS laments the shipping industry not following the airline sector in imposing "financial discipline" on fuel purchases.
12 Nov 2015
FAS Russia Brings Proceedings Against CMA CGM in Price Fixing Case
CMA CGM is said to have failed to produce necessary documents required as a defendant in a case on concerted activities within the container freight market.
12 Nov 2015
Former Bunkers International Global Credit Director Kieran Michael Brown Joins Bomin
"We are confident that he will add real value to the company and our customers, as we look to drive further growth," says Head of Global Credit, Paul Millar.
12 Nov 2015
Weekly Vessel Scrapping Report: 2015 Week 45
Weekly Vessel Scrapping Report: 2015 Week 45
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from November 5 – November 11, 2015.
12 Nov 2015
Teapot Refinery Rule Change Could Put Asia Fuel Oil Prices Under Pressure in 2016
China's fuel oil imports could drop to the 200,000 bpd mark in 2016.
12 Nov 2015
Reduced Bunker Costs, CSAV Merger Helps Hapag-Lloyd to Third Consecutive Profitable Quarter
Reduced bunker prices and a decline in bunker consumption also helped to increase profits.
12 Nov 2015
$200,000 Bunker Bill Could Cost OW Bunker "Double Payment" Buyer $1 Million
Shipper could face paying a $200,000 bunker bill twice, plus $600,000 in additional costs.
12 Nov 2015
Crude Futures Fall 3%
The general consensus is that EIA data will put further pressure on oil prices as we near August lows.
11 Nov 2015
Panama Posts Continued Improvement in Bunker Sales Volume
Latest data indicates a September sales total of 2,123,376.23 barrels, or approximately 292,000 metric tonnes, for all products.
11 Nov 2015
Eco Small Dry Bulkers Have 13% Price Premium
A new report from VesselsValue suggests that small dry bulk vessels that feature fuel-saving eco engines can present rate benefits.
11 Nov 2015
Reports: Fine for Company Accused of Illegal Bunkering in Dubai
Dubai Maritime City Authority said to have issues a warning to all bunker providers to adhere to the rules of the Emirate.
11 Nov 2015