All News

Experts Say Gibraltar LNG Bunkering Concerns from "Sabotaged" LR Report Can Be Solved With Proper Planning
The Gibraltar government has been feuding with its rival opposition party over the safety of LNG bunkering in the country.
1 Jul 2015
LNG Conversion Complete for Bergen Tankers' Vessel
Retrofit for chemical/oil products tanker Bergen Viking for LNG electric propulsion is complete and vessel is now back in service for Statoil in Norway.
1 Jul 2015
Singapore Q3 380 CST Bunker Deals Close Lower Than Q2
Q3 term contracts for Singapore 380 CST bunker fuel have reportedly been concluded at discounts of $1/mt.
1 Jul 2015
Mitsubishi to Integrate Bunker Sales Arm
The company will be merging its MCEnergy, Inc. with Mitsubishi Shoji Sekiyu Co., Ltd., effective October 1, 2015.
1 Jul 2015
Approval for New European LNG Bunkering Terminal
The new facility will reportedly boost Estonia's position in the LNG Baltic Sea market.
1 Jul 2015
OW Bunker Bankruptcy Should Bring Clarity on U.S. Maritime Lien Laws
Lawyer notes that current law is "somewhat unsettled" on maritime liens but "seems to favour the broker" who contracted with the charterer or owner.
1 Jul 2015
Mandatory Low Sulfur Rules Come Into Force in Hong Kong, Vessels Must Re-Register for Incentive Scheme
OGVs must be re-registered with the Environmental Protection Department in order to continue to claim a 50 percent reduction in dues up to March 31, 2018
1 Jul 2015
Bunker Fuel Leak from Abandoned Pipeline Identified in Canada
"Its a very small quantity and has only been dripping for a couple of days based on our observations," say authorities.
1 Jul 2015
Study: More Efficient Shipping Patterns Returning as Pirate Attacks Decline
Study says that declining pirate attacks in the western Indian Ocean means shipping patterns in the region are returning to what they once were.
1 Jul 2015
Singapore-based Cleartrade Exchange Extends Asian Trading Hours
Traders and users will have access to the company's fuel oil swaps between 2pm and 1am Singapore time.
1 Jul 2015
Monjasa Doubles its Line of Credit, Says it's a "Vote of Confidence in the Bunkering Industry"
"We appreciate the vote of confidence in the bunkering industry and in particular in Monjasa's business model," says Group CFO Kenneth Henriks.
1 Jul 2015
Crude Futures Rally, Greek Default Could Put Downward Pressure on European Economic Data
Bunkers were fairly firm today in the primary ports, but it's going to be a volatile ride, stay tuned.
30 Jun 2015
Anthony Verder Signs Long-Term Charter Agreement with Gasum for LNG Vessel
The new 18,000 cbm "state of the art" vessel will be "fully compliant with the most stringent emission regulations and environmentally friendly in operation".
30 Jun 2015
LNG Bunkers Approximately 40% Cheaper Than Heavy Fuel Oil
An increase in LNG bunkering infrastructure is expected to grow orders for LNG powered ships.
30 Jun 2015
Mobil Paying $691,307 for Tauranga Bunker Spill
Mobil has paid that first two instalments for the clean up costs of an estimated 1500 litres of oil that was spilled in Tauranga Harbour.
30 Jun 2015
Proposed Rotterdam Crude Oil Terminal in Doubt
A suggested supply deal which had the possibility of guaranteeing 20 million tons of crude annually to the facility faced opposition in Russia.
30 Jun 2015
Russia Considering Arctic Ban on Foreign-Flagged Ships
The proposed bill is believed to be a response to sanctions.
30 Jun 2015
LNG Bunker Prices Fall, but Weak Oil Prices Hampering their Adoption
In addition to LNG prices being tied to crude,supply has been exceeding demand.
30 Jun 2015
Riau Fuel Terminals Will Be Complete by 2016: Pertamina
The two terminals will have a total capacity of 500,000 kiloliters of fuel.
30 Jun 2015
Best Tanker Market Since 2008, but it's Putting Pressure on Crude Prices
"There's a lot of crude oil that's trying to find a home," says Olivier Jakob, managing director, Petromatrix.
30 Jun 2015