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More Ships Heading to U.S. East Coast Ports at the Expense of the West

U.S. East Coast shipping traffic and vessel sizes have both grown.

2015 Orderbook for Newbuild Tankers Set to Beat 2013 Record Year

Gibson says construction of new tankers this year, driven by a surge on newly ordered tonnage, is set to break the record from 2013.

UK P&I: Concerns Remain as Low Sulfur Fuel Rules Place Increasing Demands on Shipowners

Concerns include technical issues and higher costs, while Shipowners also need to be aware of the differing rules and costs across jurisdictions.

Bunker Prices to Remain Under $500/mt for Rest of the Decade, Shell Prediction Suggests

The energy major says oil prices will take several years to recover and rise to $90 per barrel by 2020.

Neste: Vessel Speeds Still Not Optimal, Millions of Euros in Bunker Savings Still Available

A system from Marorka will reportedly achieve bunker cost savings of up to 9 percent.

Lithuanian Shipping Company on the "Brink of Collapse" but Has Credit to Buy Bunkers for Arrested Ships

However EU rules prevent the Government from giving the loss-making company extended assistance.

Crude Futures Firm After a Volatile Tuesday Trading Session

In the grand scheme of things its safe to say that the market was flat and it enticed the bunker market to soften.

Lloyd's Register Partners with Penn Oak Energy on LNG Retrofit Financing

Lloyd's says it aims to increase number of ships fuelled by LNG.

U.S. Navy Releases Censures Issued to Three Admirals in Bribery Scandal

The censures were issued to the three admirals in January for their role a bribery scandal involving Singapore maritime service provider, GDMA.

Wärtsilä: Market Being Steered by Environmental Awareness and Changing Energy Needs

Company says sales grew by 10% During Q2.

Gener8 Maritime Heads List of 2015's Biggest Spenders on Second Hand Tonnage

The company's spend of $1.4 billion was on 14 vessels it assumed the newbuilding contracts for that were originally placed by Navig8.

DNV GL: State-of-the-Art LNGreen LNG Carrier Completed, is 8% More Energy Efficient

The vessel concept has a significantly improved environmental footprint, a higher level of energy efficiency, says DNV GL.

ZIM Switches to Slavyanka for Bunkers

Zim Haifa is the first of the company's containerships to use the offshore transshipment terminal TOR.

Bunker Spill Risk Being Assessed After Tanker Collides with Ferry

A passenger ferry and a fuel tanker, carrying 12,000 tons of diesel and gasoline, collided outside the Gothenburg harbour early Sunday morning.

Fourteen Ships to be Investigated Over Australian Bunker Spill

Maritime Safety Queensland is worried about the spill's impact on nearby reefs.

Lanka IOC Sets 10,000 mt Bunker Sales Target in Trincomalee

Sri Lanka's Lanka IOC says it is aiming to sell 10,000 mt of MGO and 380 CST by the end of 2015.

Crude Futures Start the Week Soft

WTI futures broke the $50.00 level during the trading day but settled at $50.15 per barrel.

NOL Downplays Reports of a Potential Sale

But NOL says it "has a duty to consider its options to maximize shareholder value."

J. Lauritzen: Dry Bulk Has Hit Rock Bottom, Operators Are "Burning Through Cash"

On the upside, things can only improve form here, says Martin Sato, J. Lauritzen's managing director in Singapore.

Update: Temasek Looking to Sell Singapore's NOL For $1.7 Billion

NOL operates 92 vessels under the APL brand.

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