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Singapore-Listed Samudera Shipping Says Q2 Profit Decline Cushioned by Cheaper Bunkers

Overall revenues dropped 16.1 percent to $81.3 million.

No Growth in Singapore Bunker Market, Poor Demand Outlook Herald "Fundamental Change" to Asia Fuel Oil Market

The capital outlay of $2.1 billion for a record 6 million mt traded in Singapore in June far outweighed the return on profits, says Thomson Reuters.

Crude Futures Soft Despite Larger than Expected Draw on U.S. Inventories

The realization that there is heavy over supply of crude oil globally has really started to sink in and we really noticed that today.

Hybrid Cruise Ship Stranded After Engine Trouble

A loss of propulsion power has led the Viking Star to be stuck in the Port of Tallinn since last week.

Tugboat Collision with U.S. Fuel Terminal Pier Causes 1,000 Gallon Oil Spill

A tugboat's collision with a New Jersey fuel terminal pier is said to have resulted in 1,000 gallons of oil in waters off of Bayonne.

Industry Insight: Is Lebanon a Ship Arrest-Friendly Jurisdiction for Bunker Traders?

Industry Insight: Is Lebanon a Ship Arrest-Friendly Jurisdiction for Bunker Traders?

Lebanon is not a party to the International Convention on the Arrest of Seagoing Ships 1952 or the International Convention on the Arrest of Ships 1999.

Endofa Expands Physical Operations to Panama

The firm has also hired Christoffer Pedersen, who previously worked for OW Bunker.

Smaller Ports Feeling the Effects of Mega-Containership Demand

The industry trend towards mega-ships has led container traffic to move away from smaller ports that cannot handle large vessels.

Bunkers and Currency Drive RCL's Q2 Earnings Increase

The company anticipates full year earnings of almost 40 percent above 2014.

Diana Containerships Boosts Fleet Capacity, Net Income

The containership specialist also earns a Strong Buy ranking from Zacks.

Tanker Boom "Even Stronger" than Predicted

While crude and oil segments have exceeded growth expectations, the boom has not lead to any widespread share price increases among companies.

Crude Futures Firm, but Brent Stays Under $50

We can always expect the market to swing either way tomorrow following EIA data on U.S inventory.

Caterpillar Completing Dual Fuel LNG Conversion on Furetank Rederi Tanker

Caterpillar says that it addition to the retrofit, they will also be supplying the complete gas system for the tanker, including bunker stations.

Panama Bunker Sales Hit 2015 High, Jump 42% Year-on-Year

It was the highest sales volume since the 2,278,543.87 barrels (about 316,500 mt) sold in December 2014.

Industry Insight: Effective Condition Monitoring to Prevent Damage From Fuel Switching

Industry Insight: Effective Condition Monitoring to Prevent Damage From Fuel Switching

Operators require a detailed understanding of the effect that environmental legislative changes have on the vessel and equipment.

Royston Responds to Increased Nigerian Demand for Fuel Monitoring

Company says growing ship owner focus on vessel performance issues has prompted an upsurge in interest in marine engine monitoring systems.

Analysts: Modern Fleet Makes Singapore's NOL a Bargain at $2 Billion

CEO Ng Yat Chung has now suggested that NOL is "hypothetically" for sale.

OPEC Output Drops in July After Iraq Fails to Repeat Record June Highs

However, Brent crude enters a bear market due to speculation that the global supply glut will grow.

Canada Provides Further Funding For Shore Power Projects

The government says it will be providing $5 million in new funding for the installation of shore power at the Port of Montreal.

New Bunker Barge for Indian Player at Kochi

The addition of the 2014 build vessel reportedly takes the number of bunkering vessels at the port to six.

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