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Wind, Battery Propulsion Tech Recognized With Ship Efficiency Awards

A battery-powered ferry from Norled and a wind propulsion system from Norsepower both picked up awards at the 2015 Ship Efficiency Awards.

Nigeria Lifts Tanker Ban

Incoming vessels must be guaranteed not to be used for any illegal activity.

COSCO Places $1.5 Billion Order for 11 Newbuild Mega-Box Ships

China COSCO says it has ordered eleven newbuild 19,000 TEU ultra-large container carriers container ships for $1.5 billion, set for 2018 delivery.

Bulk Carrier DryShips to Sell Entire Fleet

17 of DryShips' fleet of 39 vessels are being sold to its CEO, with the remaining ships to be up for sale.

Vitol Starts Physical Supply in Houston

The new operations will serve Houston and the Mississippi River.

Brent Firms to Negate Some of Yesterday Losses

We can expect levels to come off a bit as everyone swallows the fact there was a 2.6 million barrel build in U.S. inventories.

Weekly Vessel Scrapping Report: 2015 Week 36

Weekly Vessel Scrapping Report: 2015 Week 36

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from September 03 - September 09, 2015.

Softship Launches Operations and Bunker Management Tool

The system is meant to complement the company's existing vessel scheduling software.

Maersk: Current Market Comparable to 2009 Crisis, but "We Can Use the Downturn to Positive Effect"

CEO Nils Smedegaard Andersen say that "today, the conglomerate is in a completely different position."

LNG Bunkers Still Attractive Long Term Despite Oil Price Slide

The Society for Gas as a Marine Fuel suggested that shipowners should focus on longer term maintenance benefits that LNG brings.

South Korean Firm Wins Lloyd's Register AIP for LNG Bunkering Vessel

STX Offshore & Shipbuilding has announced that Lloyd's Register has awarded the company approval in principle for its 6.5 K LNG bunkering vessel.

GAC Inks Bunkers and Services Deal in Turkey

The company will become the agent for a Noble Caledonia-owned cruise ship for the rest of 2015 and into 2016.

Russia: 30% of Crude Oil Exports to be Asia-Bound by 2020

Alexander Novak, Russia's energy minister, says the country is working toward diversifying its growing crude oil exports away from the west.

Prima Marine Appoints Former OW Bunker Manager as New Senior Bunker Trader

Veryan Bell is said to specialise in supplying bunkers and lubricants in Africa and Middle East, and is fluent in English and Afrikaans.

New EAL Touts Longer Lasting Results

Royal Purple said that its proprietary additive technology created a thicker, stronger synthetic film.

Brent Sinks Further After Rising Over $50/bbl in Early Trading

We can expect futures to go either way anticipating EIA data on U.S. inventories.

NABU Emissions Study Not Science, says Cruise Ship Association

CLIA says NABU's air quality measurements "fall short" of scientifically objective assessments.

Nigeria Tanker Ban Permanent, but Rates and Trading Said to be Unaffected

Nigerian lawyer says more ships could be added or removed from the banned list.

CYE Petrol Wins Turkey's Best Bunker Company Award

Supplier says through its "total quality policy" it has "brought bunker business to the next level."

Commercial Ships of 2030 Will Be Smarter, Greener, and have Flexible Powering Options

In particular, maritime autonomous systems are expected to impact maritime security significantly.

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