All News

New Office, New Hire as Nordic Marine Oil Looks to Expand Physical Activities
"We have been rapidly expanding in both our trading department and our physical operations," says the Danish bunker player.
15 Oct 2015
Tanker Rates Could Get Further Boost from Ballast Water Rules
CR Weaver says the requirement for vessels to install BWTS will increase tanker dry docking, creating less supply within the market.
15 Oct 2015
MOL Addresses Speculation Over ¥5 billion Loss from Daiichi Chuo Kisen Kaisha Bankruptcy
"Net income for the first half of FY2015 is projected to exceed the media-reported figure," says MOL.
15 Oct 2015
Environmental Groups Continue Push For Global Shipping Emission Caps
T&E said that European Parliament had also recently voted in favour of emissions caps.
15 Oct 2015
Certas Energy Launches New UK Bunkering Facility
The Harefield Oil Terminal, located in Uxbridge, is said to have a storage capacity of over 1.3 million litres.
15 Oct 2015
BIMCO: Fundamentals of Supply and Demand Cannot Be Ignored If Dry Bulk Market Is to Improve
BIMCO says larger volumes being moved, longer sailing distances in general, or a slowed increase in dry bulk fleet size are prerequisite to a stronger market.
15 Oct 2015
Plunge in Crude Weighs on Quadrise Results, Dents Investor Confidence
But Executive Chairman Ian Williams says "All things considered, the Company is undoubtedly better resourced and positioned to succeed than ever before."
15 Oct 2015
Bunker Supplier's OW Bunker-Related Ship Arrest Claim Overturned by Venice Judge
The decision comes in contrast to other court rulings made in other parts of the world.
15 Oct 2015
China Could be the "Next Big Thing" for LNG Bunkers
Craig Eason, writing for Lloyd's List, says that new Chinese policies promoting gas powered shipping could translate into LNG becoming a main shipping fuel.
15 Oct 2015
Weekly Vessel Scrapping Report: 2015 Week 41
Weekly Vessel Scrapping Report: 2015 Week 41
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from October 8 - 14, 2015.
15 Oct 2015
Crude Futures Remain Soft
This week alone both ICE and NYMEX contracts for October delivery lost over 6% of their value.
14 Oct 2015
Mumbai OPL Bunkering Now Fully Underway as Monsoon Restrictions are Lifted
Restrictions due to Monsoon Season have been lifted effective October 1.
14 Oct 2015
OPEC Invites Eight Non-Member Countries to October 21 Meeting to Discuss $70 Oil Price Floor
Azerbaijan, Brazil, Colombia, Kazakhstan, Norway, Mexico, Oman, and Russia have all been invited to this month's OPEC meeting.
14 Oct 2015
Scandlines to Have Zero Emissions Ferry Fleet Within Three Years
Scandlines says it is aiming to have its fleet of six hybrid ferries converted into zero emissions, fully electric propelled vessels by 2018.
14 Oct 2015
Hapag-LLoyd Confirms Commitment to IPO Plans
CEO Rolf Habben Jansen said now was a good time for the company, even if market downturns indicate otherwise.
14 Oct 2015
Iranian Fuel Oil Exports Rising Pre-Sanction Lift with Discounted Shipments to Fujairah
An unnamed source said that more ships have been delivering cheaper Iranian fuel oil to the UAE ahead of the lifting of sanctions.
14 Oct 2015
Flinterstar Debunkering Halted Due to Bad Weather
High winds have cause the debunkering operation to be temporarily suspended, with work expected to continue Thursday after the system passes.
14 Oct 2015
DOT CEO Lars Møller Has Never a Chance to Tell His Side of the OW Collapse Story, Says Lawyer
His legal representation adds claims will focus on "where there is the strongest possibility of getting their money back."
14 Oct 2015
Call for Tougher New Zealand Bunker Spill Laws
About 39,000 litres of oil is reported to have spilled into harbours since 2011.
14 Oct 2015
Scandinavian Bunkering Appoints Erik Vinde as Managing Director
Vinde, previously the bunker player's COO, joined Scandinavian Bunkering in 2006.
14 Oct 2015