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Gibraltar Port Authority Visits Athens to Engage Bunker Suppliers and Shipping Community

The trip is part of GPA's continuing efforts to market the services provided by the Gibraltar maritime industry and increase Greek vessels calling at the port.

Australia's NSW Low Sulfur Rules "Will Achieve Nothing"

Cruise ships account for barely five per cent of shipping movements, says Australian Financial Review.

MyFerryLink: DFDS Confirms Eurotunnel Vessel Deal

A tribunal had previously ruled that Eurotunnel would have to sell its MyFerryLink business.

Orkim Harmony: MMEA Warns Against Speculation After "Inside Job" Claim

Deputy director-general Vice-Admiral Maritime Datuk Ahmad Puzi Ab Kahar has urged "all quarters" against making speculations on the Orkim Harmony case.

Hedge Fund Expects Oil to Rebound to $82/BBL by 2016

Swiss fund Insch Capital Management said demand is growing while production in the U.S. is falling.

Law Firm: Expect More Oil Industry Bankruptcies, Mergers, and Acquisitions

Law firm, Willkie Farr & Gallagher says that sinking oil prices will soon lead to more oil companies and suppliers filing for bankruptcy.

FMC: LNG Bunkering is a Potential Market for America's Natural Gas Resources

Interest is growing in the emerging "new market" for natural gas in the maritime industry.

Drewry: Top 3 Carrier Lines Now Have 38% of the Market Share

The shipping consultants say being a "top 20 carrier" no longer means being a leading global container line.

Crude Futures Start The Week Making Gains

WTI front-month contracts for August firmed by $0.07 cents settling at $59.68 per barrel while Brent contracts firmed to $63.34.

Bunkers de Mexico Dismisses Barge Arrest Rumours

"It's business as usual here, and deliveries are taking place as they normally do," Commercial Director Jack Grogan tells Ship & Bunker.

Expanded Panama Canal Could Mean a 10% Shift in East Asia Box Traffic from U.S. West to East Coast

BCG says the Panama Canal expansion will "alter the competitive balance between ports on the East and West coasts."

Monjasa, Others Illegal Bunkering Appeal Dismissed as Lacking in Merit

Three parties and 14 individuals were are facing charges.

Japan Wants Ships to Switch to LNG

Japan is said to be planning to get ships to switch to LNG to help cut carbon emissions and diversify energy sources in the freight sector for security reasons.

Whale Tail Concept Being Tested that Reduces Bunker Consumption by Harnessing Wave Energy

"The foils reduced resistance on the ship by between 9 and 17 percent at wave heights of under three metres," says NTNU's Eirik Bøckmann.

Gibraltar: Carnival's LNG Bunker Decision "Demonstrates that the use of LNG is Becoming Mainstream"

"The safe future of marine propulsion, power generation and bunkering is clearly in the use of LNG," says Fabian Picardo, Gibraltar's Chief Minister.

Sinopec Delaying $850-million Storage Terminal in Indonesia

Slow demand is cited for a delay that could last up to five years.

Orkim Harmony: Crew Member Shot, but Tanker Released After Pirates Flee, Are Later Captured

Orkim Harmony is now being escorted by the navy to Malaysia's Kuantan Port and is expected to arrive at 2 am on Saturday June 20.

New Cape Town Storage Terminals Receives Green Light

Burgan Cape Terminals' new facility is expected to address fuel shortages in the area.

1 Week to Go Until Platts' 12th Annual Bunker and Residual Fuel Oil Conference

This years focus: Fuel Quality, Supply, and Economics in a New Era for Bunker Fuel.

Industry Insight: How the Collapse of OW Bunker Impacted the Insurance Industry

Industry Insight: How the Collapse of OW Bunker Impacted the Insurance Industry

This is one of the biggest claims that the trade credit insurance industry has ever experienced and shows the value of having effective credit insurance.

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