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New "Future-Proof" LNG Bulker Design Unveiled

Vessel said to offer the opportunity to nearly eliminate SOx emissions and particulate matter, cut NOx by an estimated 80 percent and reduce CO2

DNV GL Initiates JIP to Investigate Accuracy of Coriolis Flow Meter Technologies

Dennis van Putten, Expert Multiphase Flow Metering, DNV GL - Oil & Gas, says biases will occur in phase contaminated flows.

Mystery Bunker Spill in Indonesian Waters

A suspected product tanker was cleared after tests showed the oil in the spill did not match the tanker's cargo.

New Marine Manager at Vivo Energy Mauritius

Ashvin Ramdenee takes over from Eric Hufouye who has moved on to a new position within the company.

Armed Bunker Pirates Strike Again Off Malaysia as 2 Vessels Targeted Within a Week

A product tanker widely understood to be Orkim Victory had part of its oil cargo transferred and stolen.

New Managing Director at Norwegian Oil Trading

Kjellesvik joined NOT in 2013 as Business Development and Risk Manager.

Cruise Season Pushes Up MGO Demand, Prices in Vancouver

Data from Ship & Bunker shows the average price of MGO for April was $735.50 pmt, rising to $799.50 pmt for May.

OPEC Maintains Output Ceiling at 30 Million Barrels Per Day

OPEC noted "continued concern over market volatility" and reiterated its "commitment to a stable and balanced oil market."

Singapore Daily Fuel Oil Trading Volume Jumps 45 Percent

Asia fuel oil derivative volume traded Tuesday during the Platts Market-on-Close was a record high.

Crude Prices Continue to Plummet As Iran Says OPEC Needs to "Make Space" for its Increased Production

Bijan Namdar Zanganeh, Oil Minister for Iran, says Iran will increase production once sanctions against the country are lifted.

Bunker Saving Waste Heat Recovery System Gains Class Approval

Units can save up to 200 tonnes of bunker fuel per year and reduce carbon monoxide emissions by an estimated 18 tonnes.

ABB: New Turbo Charges Help Engine to Give "Six Figure Savings on Fuel Annually"

The second generation of Power2 800-M is also said to enable a 60 percent reduction in NOx emissions.

Oz Sulfur Regs Will Have "Serious Impacts" on Cruise Industry, Says Industry Group

The Australian Coast guard has also brought up the possibility of ships losing power due to the fuel switchover process.

World Fuel Services Renews Share Buybacks

The company has been authorized to buy back up to $100 million of its common shares.

Scorpio Bulkers Says it Must "Face the Music" as it Unloads 5 More Newbuilds for $236 Million

"It's a tragic scenario," says Emanuele Lauro, co-founder, chairman, and CEO of Scorpio Bulkers.

PwC, KPMG and ING Sign Agreement on OW Bunker Middle East Assets

All recoveries of OW Bunker receivables will be paid into ING accounts specified by PwC.

Aegean More than Doubles Operational Capacity in Vancouver with Addition of Newbuild Bunker Barge

The double hulled PT40 has a capacity of 3,600 metric tonnes and pumping rates of 450 metric tons per hour.

Crude Futures Continue to Crash

Bunkers were steady in the primary ports as suppliers are trying to hold on to higher prices as long as possible.

Weekly Vessel Scrapping Report: 2015 Week 22

Weekly Vessel Scrapping Report: 2015 Week 22

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from May 28 - June 3, 2015.

DNV GL: Hybrid Propulsion Systems "Gaining Ground Faster than Expected"

Tor E. Svensen, CEO at DNV GL – Maritime says there has been a considerable drop in battery prices, as well as improved energy storage capacity.

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