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Crude Prices Continue to Slip

However early in the day we saw crude futures rallying after news came out that Iranian Guards fired over a Singapore flagged tanker.

Alfa Laval: Lower Fuel Prices Have Not Changed Interest in Waste Fuel Recovery System

"Removing fuel from waste oil has advantages we never envisioned from the start," the company says.

Piraeus Bunker Suppliers Suffering Loading Delays Due to Strike

"We're extremely tight on product ," a Piraeus trader was quoted as saying.

More Losses for Greek Dry Bulk Specialist

Diana Shipping reports a Q1 net loss of $10.8 million compared to a loss of $6 million for Q1 2014.

Alix Partners : It is "Very Difficult" to Make Money in Box Market

"We see a problem where the industry itself does not make enough money to reinvest in the tonnage it needs going forward, say consultants.

Report: Bunker Fuels Market to Grow 4% Every Year Through 2019

TechNavio forecasted that the market would grow at roughly the same rate every year between 2014 and 2019.

TORM Sees First Quarterly Profit in Five Years

Profit was $8.6 million, up from last year's quarterly loss of $222.6 million.

IMO Shelves Proposal for Global CO2 Target for Shipping

The proposal was first announced by the Marshall Islands in April 2015.

Maersk Profits Jump in First Quarter After Sale of Danske Bank Shares

Profit increased to $1.6 billion in the first quarter of 2015, up from $1.2 billion in 2014.

Crude Prices Soften After Early Rally

It is without doubt that there is still an oversupply but it seems speculators are driving the market using the upcoming driving season as the reason.

New Russian Far East Transhipment Centre Looks to Save Bunker Buyers Time and Money

The new Roads Transshipment Complex officially started operations in March of 2015 and could help double bunker volumes at Slavyanka port.

Feeder Vessel Star Jupiter Arrested in Singapore

VesselsValue.com's VV@ service shows the Feedermax boxship is currently moored off Singapore's Eastern Anchorage.

Bulk Under Pressure Until 2017: J. Lauritzen

The prediction comes after J. Lauritzen posts a $29 million deficit for Q1 2015.

Castleton Commodities in $1 Billion Deal to Buy Morgan Stanley's Global Oil Merchanting Business

"The acquisition of Morgan Stanley's Global Oil Merchanting business is an excellent strategic fit for CCI," says CEO William C. Reed II.

First Vessel Launched with DNV GL's GAS READY Notation

UASC newest ship is the first of 17 newbuilds ordered by the company to receive classification society DNV GL's new GAS READY notation

Buckeye Looking to Wind Down Caribbean Bunker Operations

The bunker trading market in the region has reportedly been challenging.

Analyst Links Singapore Bunker Players with Increase in Region's Fuel Piracy, says it's "the Perfect Product to Steal"

Experts suggest that Singapore's stringent bunker standards give fuel coming from the city-state a higher resale value.

World's First Fully Electric Vessel Wins Award

The Norled owned and operated Ampere, the world's first fully battery driven vessel, was said to save about one million litres of fuel annually.

Sources: Maersk Line Reaches Agreement in Principal for Eleven 20,000 TEU Boxships at a "Record Low Price"

The order for 11 vessels is worth about $151 million each, said to be a "record low" price.

Crude Futures Rally Heavily

Brent front month contracts for June firmed $1.95 per barrel settling, WTI June contracts also saw significant gains firming $1.50 settling at $60.75.

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