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Panama to Receive LNG Bunkering Facility

AES says its subsidiary has been awarded a contract to develop a natural gas power generation plant, as well as a LNG storage tank and regasification facility.

Press Release: BMS United Bunkers Warns on Name, Logo Similarities With New Asia Based Player

"It has recently come to our attention that another company has started operating in the bunker industry under an almost identical name."

Hull Vane Study Shows Device Provides 12.5% Fuel Savings

A new study shows is said to show a 12.5 percent fuel-savings for the Royal Netherlands Navy through their use of Hull Vane's technology.

Low Bunker Prices "Good News All Around" for Hong Kong's Chu Kong Shipping

The ferry operator says low fuel prices have assisted the company's profit and passenger growth.

OW Bunker Trustees Await Final Court Ruling Over Disputed Fuel Claims

London's Court of Appeal will likely determine whether numerous competing claims on payment on fuel will go to the OW Bunker estate or to other oil suppliers.

Quadrise Signs Deal with CEPSA to Supply MSAR Fuel to Maersk Line Ships

The program is expected to run from the first half of 2016 to the end of 2016 or early 2017.

Carnival Sets 2020 Sustainability Goals With 25 percent GHG Reduction Target

The company said that it had already met its target to reduce greenhouse gas emissions by 20 percent from 2005 base levels a year early in 2014.

Crude Softens, Bunker Prices Mostly Stable

No change to benchmark federal funds rate should be bullish for crude short term.

Weekly Vessel Scrapping Report: 2015 Week 37

Weekly Vessel Scrapping Report: 2015 Week 37

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from September 19 - September 16, 2015.

Goldman Sachs: Oil Prices to Stay Low for 15 Years

"When we think of the longer term oil price, yes we put it at $50 a barrel," says Jeffrey Currie, head of commodities research at Goldman Sachs.

ExxonMobil Helps Triple Vessel's Engine Life, Shows Substantial Savings Potential

The CCM programme and Mobilgard 570 cylinder oil helps COSCO box ship achieve 55,000 hours of continuous engine use without maintenance.

Scandlines Says €6.3 Million EU Funding on Its Way for Scrubbers, Hybrid Upgrades

Scandlines says a main goal of the project is to optimise the fuel consumption of the two vessels that cross between Rostock and Gedser.

Oman Shipping to Boost Tanker Fleet by 10

State-owned Oman Shipping Company says its tanker fleet will receive ten newbuild medium-range tankers within the next year, bringing its fleet to 53.

DNV GL Announces 5 Pilot Maritime Projects To Showcase Bunker Alternatives

The pilot projects are said to include several different types of ships and infrastructure, and are reported to emphasise alternative fuel concepts."

Chemical Tanker Owner Loses "Unnecessary" Low-Sulfur Bunker Use Claim

The vessel owner said burning low-sulfur fuel at a European port was "not necessary."

North American ECA Rules Spurring Newbuild Orders in 2015 to Seven-Year Highs

Carriers are reportedly looking to circumvent the new nitrogen oxide emission requirements which come into effect at the beginning of 2016.

Dry Bulk Downturn Claims Another Victim as Shipper Files for Bankruptcy

Global Maritime Investments Cyprus Ltd. filed on Tuesday.

Fratelli Looking to Grow Singapore Volumes, Move into LNG Bunkering

Fratelli says its Singapore business will also begin installing MFMs on its barge fleet by year end.

Scientist Calls for Singapore ECA

Particulate levels in Singapore this week were said to have far exceeded international standards.

Crude Jumps 4% as US Stockpiles Sink

The stockpile reduction of 2.1 million barrels was in stark contrast to the markets forecast of a 1.2 million barrel build.

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