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IBIA to Hold Bunkering Forum Focused on Mauritius

IBIA chief Executive Peter Hall praised the country for having great potential to develop into an international bunker supplier hub.

Lunde: Exodus of London-based Lenders Heralds Decline of the City's Status as Maritime Finance Centre

RBS, Lloyds Bank, Bank of Scotland, HSBC and its predecessor Midland have all opted to withdraw from traditional shipping finance in recent years.

Port Stakeholders Receive Training on LNG Bunkering Safety and Awareness

The training program was said to be funded by a group of companies with current LNG projects underway, including TOTE's Sea Star Line.

Bunker Price Slide Offering Little Relief as Narrowing Margins Mean Carrier Lines Face Tough Fourth Quarter

Operating margins fell to 2.4 percent in the second quarter from 5.3 percent in the first quarter

China Paves Way for Emission Control Areas With Amended Pollution Laws

The amendments also require terminals to provide shore power.

Exchange Rate, Competition Causing Russian Bunker Price Volatility

St.Petersburg and Novorossiysk saw bunker prices slid to six-month lows during August.

Morgan Stanley: VLCC Crude Storage Becoming More Attractive

However other sources in the industry say the "economics doesn't work."

Brent Firms, But Stays Under $50/bbl

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

Carbon War Room Offering $200,000 Ship Efficiency Grant to Prove 10-15% Fuel Savings Are Possible

CWR has issued a RFP for a $200,000 grant that will help finance the retrofit of a single-vessel with ship efficiency technologies.

U.S. Bunker Spill Much Larger than Initially Thought after Vessel Sinks

Washington State authorities say that a bunker spill resulting from a sunken fishing boat has spilled more fuel into the Puget Sound than initially thought.

Hempel Hails Success of Bunker-Saving Antifouling Coating

Hempel says its antifouling coating HEMPAGUARD has now been applied to more than 350 ships.

Report: Still Not Enough Cruise Ships Using Emission Abatement Techniques

NABU's Cruise Ship Ranking shows that there are still not enough vessels in the industry utilising environmentally friendly emission abatement techniques.

New Sponge Technology Developed to Clean Ships' Exhaust Emissions

The technology involves involves a large spinning steel sponge that is said to act as a separator.

Parker Kittiwake - Procal Expands Emissions Monitoring Systems' Global Distribution, Service Capability

Score Subsea and Wellhead will become the systems integrator for Procal's marine, power, and offshore continuous emissions monitoring analysers.

China to Launch New Oil Futures Contract, Could Seize Control of Oil Prices

The new contract is expected to debut on the Shanghai International Energy Exchange as early as October.

Brightoil Issues Positive Profit Alert

The company said that there was likely an improvement overalls across its business sectors.

Analysts: Americas Will Shoulder Brunt of Oil Output Cuts as Obama Gains Majority Support on Iran Deal

A.T. Kearney says by 2020 the region could see a decline of up to 1.1 million bpd, while Iran will boost output by 1.5 million bpd.

Drewry: Recovery of Dry Bulk Market a "Long Way Off"

Continued low demand could make it difficult for many shipowners to survive the unfavourable market conditions, says lead analyst Rahul Sharan.

250,000 Gallons of HFO Cutter Stock Spilled in Mississippi River Collision

The U.S. Coast Guard is currently determining the extent of the spill.

White Paper Published on Bunker Saving Waste Heat Recovery System

Calnetix says there is increasing demand for solutions to reduce fuel consumption.

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