All News

Public Push for Shore Power as Seattle Makes Way for Bigger Vessels
Local residents say that without shore power, "the new 'big ships' will be running their engines for days at a time."
9 Nov 2015
Nicaragua's Panama Canal Alternative "Can Now Move Forward with Full Speed" After Environmental Permit Issued
HKND said the study found that the new Canal "will produce a net positive environmental and social impact."
9 Nov 2015
Hapag-Lloyd Gets Lukewarm Market Debut
Shares fall to their initial €20 offering price almost immediately upon opening.
9 Nov 2015
MAN Announces World's First Container Ship Dual-Fuel LNG Retrofit
The retrofit will enable Wessels Reederei's 1,000 TEU container ship to reduce SOx emissions by more than 99 percent, and NOx by about 90 percent.
9 Nov 2015
IBIA Moots Proposal for Non-Compliant Bunker Ban When 0.5% Global Sulfur Cap Comes into Force
Robin Meech, IBIA vice chairman, says the industry will need a "level playing field."
9 Nov 2015
Reports: Singapore's NOL Gets Preliminary Purchase Offer from CMA CGM, is Also in Talks with Maersk
The two companies are said to be in preliminary talks for the acquisition of the shipping company that has been valued at $1.9 billion.
9 Nov 2015
Poor Freight Rates Instrumental in Q3 Profit Decline of Nearly 50% for Maersk
But CEO Nils S. Andersen says the company's expected annual performance is commendable in "very challenging" markets.
9 Nov 2015
Tanker Arrested in Singapore
The arrest took place on November 4 following action taken by local law firm Oon & Bazul LLP.
9 Nov 2015
Aegean Receives $120M in Financing for Fujairah Oil Terminal
A little over a third of the loan will reportedly be be used to repay the remaining balance on a previous loan taken out in 2013.
9 Nov 2015
Monjasa Begins New UK Bunkering Service from Former Aegean Terminal
The terminal is in the UK's Portland Port.
6 Nov 2015
OW Bunker: $125 Million Has "Disappeared" from Former Singapore Top 10 Bunker Supplier Tankoil, Say Financial Investigators
"We have found that there is little value in Tankoil," says John Sommer Schmidt, OW Bunker trustee of the investigations of bankrupt Tankoil.
6 Nov 2015
Cavotec: Shore Power Systems Market Well Positioned for Growth
Cavotec's Alternative Maritime Power and MoorMaster systems are cited as keys to future growth.
6 Nov 2015
Gulf Delegate: No OPEC Output Cuts Unless Non-OPEC Producers Do the Same
Delegate blames higher than normal commercial stocks for keeping oil prices from "taking off."
6 Nov 2015
Biofuels Could Make Up 5-10 Percent of Global Marine Fuel Mix By 2030
GoodFuels Marine CEO Dirk Kronemeijer said that the company would also conduct a study to turn those estimates into "academically sound figures."
6 Nov 2015
Statoil Unit Invests In Marine Battery Maker
The amount invested was not disclosed.
6 Nov 2015
Singapore MPA Urges Asian Ports to Develop LNG Bunkering
MPA CE Andrew Tan said that Asian ports are behind in developing LNG bunkering compared to other parts of the world.
6 Nov 2015
IMTECH Marine Rebranded RH Marine Following Acquisition
The maritime systems integrator is said to have launched its new identity at Rotterdam's Europort conference.
6 Nov 2015
Stena Line Sees Bunker Savings, Environmental Benefits from LEMAG Homogeniser Technology
LEMAG says their water in fuel homogeniser has provided Stena with "noticeable reduction in fuel consumption" on 16 of their vessels.
6 Nov 2015
Iran Ready to Challenge UAE and "Make a Fortune" on Bunkering Once Sanctions Lift
Local media reports Iranian Persian Gulf bunkering was up 30% since March.
5 Nov 2015
Weekly Vessel Scrapping Report: 2015 Week 44
Weekly Vessel Scrapping Report: 2015 Week 44
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from October 29 - November 4, 2015.
5 Nov 2015