All News

New Tonnage Set for Far East-South America Routes Could Trigger New Box Rate War
Significant capacity to be introduced in July to the Far East-South America container shipping routes is expected to spark a new rate war.
14 Jul 2015
Hambantota Port Set to Renew Bunkering services, Receive $400 Million Investment
The investment will see the construction of a repair centre and renewed bunkering services in the "near future."
14 Jul 2015
Canada Launches Oil-Spill Preparedness Initiative
The program will target four coastal areas in Canada.
14 Jul 2015
Maersk Looks to Buy Greek Ports of Piraeus and Thessaloniki
The Greek government is looking to sell its majority stakes in the ports following bailout negotiations.
14 Jul 2015
Undisclosed Buyer Makes Offer on Royal Vopak's Entire UK Assets
Exploratory meetings are currently taking place.
14 Jul 2015
Standard Club Sees Increase in MARPOL Violations
The Standard Club says the increase is mostly under Annex I.
14 Jul 2015
Sit Kwong Lam Ups Stake in Brightoil
It is understood that after increasing his stake, Sit's shareholding in the Group has increased to approximately 72.88 percent.
14 Jul 2015
Tankers Experiencing Lower Activity in Fuel Oil Trade from Asia
Poten & Partners says oil tankers are seeing less long-haul fuel oil activity from Asia.
14 Jul 2015
Singapore Bunker Sales Show Continued Improvement
Sales of 500 cSt material in June represented their highest ever proportion of the overall monthly sales total.
14 Jul 2015
Crude Futures Start the Week with Heavy Volatility
The next few days should be interesting as we near US crude inventories stats for last week.
13 Jul 2015
RBS Looking to Offload its Entire $5 Billion Greek Ship Finance Portfolio
"This is a sad time for the ship finance industry," a source says.
13 Jul 2015
New Hire in China, Far East Expansion for Bunker Detectives
Capt. Zhuo is a master mariner with a wealth of knowledge and expertise not only in bunker fraud prevention but also marine surveying activities, says BD.
13 Jul 2015
DFDS and Scottish Port Operator to Invest €6 million Into Scrubbers and Infrastructure
DFDS Seaways said that it would be installing scrubbers and implementing a fuel optimisation program aboard the Finlandia Seaways.
13 Jul 2015
Marseille Claims French First in Move for Shore Power
The Marseille Fos Port Authority are set to launch shore power for ships at birth in the port, a first for France and the Mediterranean.
13 Jul 2015
IEA: Oil Prices May Fall Further as Demand Set to Slow
Demand growth is expected to slow even as supply continues to rise.
13 Jul 2015
Hin Leong Group Moving Forward With Singapore Storage Sale
A first round of bids is reported to be due in August 2015.
13 Jul 2015
Vladivostok to Become a Free Port
Russian parliament has passed a bill to make Vladivostok a free port by 2016.
13 Jul 2015
Ferry Operator Pushes Back LNG Conversion by a Year
BC Ferries will now convert Spirit of Vancouver Island and Spirit of British Columbia between 2017 and 2019.
13 Jul 2015
Island Oil Appoints Jesper Jervild as Head of Trading, Dubai & Singapore Offices
The veteran bunker industry player joins the firm effective today, July 13, 2015.
13 Jul 2015
Industry Failing to Reduce Bunker Costs Due to Systemic Market Failures
There is little reliable information on ship efficiency, and a the incentives are split between the ship owner and charterer, it is suggested.
13 Jul 2015