All News

Newly Expanded Malaysia Storage Terminal Already Fully Leased for Fuel Oil
Petronas and Koch Supply and Trading are said to have leased the 260,000 cbm of recently added tank space equally.
24 Sep 2015
Green Credentials of LNG Bunkers Questioned
A University of Delaware professor said that more attention needed to be made to the amount of GHG released during natural gas extraction.
24 Sep 2015
Mega Boxship Fuel Savings Due to Slow Steaming, Not Size
The OECD said that more than half of the fuel savings generated from larger ship were due to design changes for slower speeds.
24 Sep 2015
Confusion Over Lifting of Nigerian Tanker Ban Affecting Freight Rates and Trading
Freight rates have reportedly risen while trading activity has slowed.
24 Sep 2015
Iran: Oil Output to Reach 4.2 Million bpd by End of 2016
"Can we wait and not produce after lifting the sanctions? Who can accept it in Iran," says Iranian Oil Minister Bijan Namdar Zanganeh.
24 Sep 2015
Total Marine Fuels Looks to Boost Bunker Volumes With New Barge in Mauritius
"We see a lot of potential at Mauritius and we need to give a real answer to the shipowners," says Global Sales and Development Director, Frederic Vazzoler.
24 Sep 2015
Crude Sinks Even Though US Stockpiles Fall More then Expected
Bunker prices were softening in the primary ports.
23 Sep 2015
Cracked Lock Means "Likely" Delay for Panama Canal Opening
It's unclear exactly to what extent a crack in the wall of a lock will set back the opening of the expansion.
23 Sep 2015
Finnish LNG Bunkering Station Receives Approval for €23.44 million in Financial Support
The European Commission has approved Finnish government plans to provide partial funding for an €81 million LNG bunker terminal project at Pori.
23 Sep 2015
Gazpromneft Shipping Aims to Start LNG Bunkering in Baltic Basin by 2017
The company said that it would start with one bunker tanker.
23 Sep 2015
Intertek Warns on Distillate Fuel Handling Issues Not Identified by ISO8217
"Distillates are not the problem free fuels that some operators would believe," Global Business Director Steve Bee has told Ship & Bunker.
23 Sep 2015
Carnival: Strong Q3 Result Despite "Slight Drag" from Bunker Hedging, Expects FY2015 Bunker Savings of $741M
Carnival posted a solid Q3 result despite "slight drag" from Bunker Hedging.
23 Sep 2015
Brightoil Lifts Annual Bunker Volumes 14% But Revenues Plunge on Fuel Price Slide
Although overall revenues fell, overall net profit more than doubled.
23 Sep 2015
ICS: Shipping's Fuel Efficiency Measures are Providing Genuine Reduction in Emissions
No need for "complex virtual measures such as carbon offsets" says ICS Secretary General Peter Hinchliffe ahead of Paris climate talks.
23 Sep 2015
Maersk Orders 9 New MR Tankers
Each of the nine vessels covered under the approximately $300 million order are said to have a capacity of 49,940 DWT each.
23 Sep 2015
Singapore JV Secures Finance for 2 New LNG Tankers
BW Pavilion LNG says it has secured a $360 million loan to support the construction of the company's two new LNG vessels.
23 Sep 2015
Mix Movements for Crude as Speculators Anticipate Record Stockpiles
However, the closing of two lines within the Colonial Pipeline was the saving grace to prices by settlement time as losses were pared.
22 Sep 2015
Bunker Holding Sees 50% Boost to Loan Facility, Brings Total Group Funding Over $1 Billion
"In light of the past turmoil in our industry we are quite satisfied to announce such a strongly increased loan facility," says CFO Jesper Klokker Hansen.
22 Sep 2015
Reports: Hapag Lloyd IPO Set For Mid-November
The company is expected to sell 20 percent of its shares on the Frankfurt exchange.
22 Sep 2015
Australian Court Sides with Bunker Supplier, Paves Way For Enforcement of Foreign Maritime Liens
The Federal Court of Australia upheld the arrest of a ship over unpaid bunkers under a U.S. or Canadian lien.
22 Sep 2015