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Shanghai Plans to Establish New Fuel Standard For Vessels

The current standard will be replaced by a yet undetermined standard that will be "stricter than the national one."

MPA: Arctic Shipping Lanes Won't Challenge Singapore's Status as a Global Shipping Hub "Any Time Soon"

The Authority says automation will help keep Singapore competitive.

Korean Register Opens World's First Green Ship Certification Center

The facility will certify green ship equipment and carry out R&D projects.

Industry Insight: Hybrid Wind Marine Propulsion Systems, a 200 Year Old Idea

Industry Insight: Hybrid Wind Marine Propulsion Systems, a 200 Year Old Idea

Teramoto Iron Works, who produced rigid sales over 40 years ago, is now working with Eco Marine Power on the next generation wind power systems.

Hong Kong Pulls Plug on Cruise Terminal Shore Power System

Establishing shore power is not a "priority task", says government department.

Promotions Anounced at BMS United Bunkers

Eleni Karlaftis joined the company 15 years ago, while George Kounalakis has been with the firm for 10 years.

Weekly Vessel Scrapping Report: 2015 Week 21

Weekly Vessel Scrapping Report: 2015 Week 21

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from May 21 - 27, 2015.

Crude Futures Settle Higher

Early in the trading day the market was soft, Brent futures reached levels we had not seen since early April.

Aegean Beats Analyst Expectations in First Quarter as Bunker Sales Volume Rises 7.8%

However, revenues and profits decreased from last year.

BP Deal Sees Sinopec Resume Supply of Bonded Bunker at Shenzhen: Source

Source at Sinopec says the resumption of bonded bunker supply will happen next month.

Lukoil Bulgaria to Supply Bunkers for Black Sea Pipe-Laying Ships

The company will supply fuel for pipe-laying ships in the Black Sea on the request of Saipem

CWR: Charterers Representing 20% of Global Shipped Tonnage Shun Inefficient Vessels

Carbon War Room says that charters are using the GHG Emission Ratings to exclude inefficient vessels.

Better Port Scheduling Would Reduce Fuel Consumption, Vessel Emissions

Emel Aktas from Cranfield School of Management argues that better coordination between ships and ports will benefit both parties.

Stolt-Nielson Predicts Weak Chemical Tanker Market for the Next 3 Years

Jens F. Grüner-Hegge, Vice President of Corporate Finance at Stolt-Neilsen, says there are too many ships and not enough cargo.

Niche Carriers Can Still Thrive on East-West Trade: Drewry

The consultant says Matson Navigation's operating margin was at levels that its international competitors could only dream of.

Glander International Bunkering's Longest Serving Team Member Takes the Helm in India

GIB says the change was made to boost the performance level of the office and contribute to the overall growth strategy of the group.

Overlapping Maritime Enforcement Jurisdictions May Cause Confusion for Shippers

In particular, the EPA and Coast Guard have some conflicting jurisdictions.

Rising Bunker Costs, Charter Rates Poised to Squeeze Carriers

Meanwhile, attempts to apply general freight rate increases have largely failed.

Saudi Arabia's Fuel Oil Surplus to Fall 30% This Year

Domestic demand for oil products is expected to rise this summer.

Crude Futures Continue Their Downward Trend

The softening market today can also be attributed to speculation that there might have been an increase in U.S crude inventory's.

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