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Singapore: Ocean Tankers to Boost Security Following Bunker Pirate Attacks

Ocean Tankers plans to strengthen its anti-piracy measures after one of its vessels was hijacked on May 2, the second hijacking in a year.

Double Vessel Arrest Over Fuel Smuggling in East Singapore, Illegal Bunkering in Indonesia

One vessel was arrested for allegedly smuggling diesel fuel, while the other was suspected of being the supplier vessel to Urban Success.

New HHI Propeller Attachment Promises 2.5% Bunker Savings

For a typical 8,600 TEU containership the shipbuilder says that the savings could amount to $19 million over 25 years.

Brightoil's Singapore CEO Appointed Group Executive Director

Meanwhile, Brightoil's executive director and CEO of Brightoil Shipping Singapore Ptd. Ltd. resigns from the company.

Weak Crude, Bunker Prices Buoying NAT Results

The company beat analyst estimates of $0.27 per share in the first quarter with an EPS of $0.34.

Reports: Maersk Line to Order 10 More Mega-Ships

The vessels' capacity could be as high as 20,000 TEU with the deal expected to be worth over $1.5 billion and to go to DSME.

Dutch Shipowner to Install Two Wärtsilä Scrubber systems

The scrubbers will be installed on two RoRo carriers belonging to Royal Wagenborg

Crude Prices Start the Week Soft

Bunkers were mostly steady in the primary ports. We are anticipating Wednesdays EIA data and are crossing our fingers for an increase in inventories.

Over 170 Delegates and "an Impressive Array of speakers" Set to Gather for First Ever GreenTech Conference on the U.S. West Coast

"Fantastic opportunity to reconnect or meet for the first time with numerous people dedicated to improving their industry's sustainability," says Green Marine.

Analyst: Asia - North Europe Box Rate Rise Will Be a Short-Lived

Declines could start as early as this week after spiking over $500 on Friday.

First of Three LNG-Ready Vessels Underway for SEA-Vista

The ECO tanker is the first of a three-tanker contract between General Dynamics NASSCO and SEA-Vista.

"Teething Problems" with LNG Vessels Sees Fjord Line Suffer Heaving Income Losses

The company has reportedly suffered numerous problems with its LNG-powered cruise ferries MS Stavengerfjord and MS Bergensfjord.

Waning Demand from China May Send Dry Bulk Crashing

The onus is now on shippers to solve the overtonnaging problem, says Jens Ismar, CEO of Norwegian carrier Western Bulk.

Wärtsilä, Carnival Partner on Pilot Systems to "Significantly Contribute to Reducing Fuel Consumption"

Engine control plus safety and fuel efficiency packages will be installed on Carnival's 101-strong fleet.

Navigator: No Impact on Charter Environment from Low Bunker Prices, "We're All in the Same Boat"

The company said it saved $3 million in fuel costs due to the low price of bunkers.

Singapore's ST Shipping, Mercuria Charter Aframax Tankers, Boosts Time Charter Rates

The activity could mean a firmer market for June, say analysts.

Panama: Canal Expansion to Make Country an LNG "Nexus"

The Panama Canal expansion has triggered Panamanian aspirations to become a hub for LNG storage and transportation

Transport Canada Issues ECA Fuel Switching Advisory, Warns on Changeover Risks

Failing to safely switch from HFO to low sulfur ECA fuel can put machinery at risk and jeopardize a vessel's safety, says the federal department.

Ship Glut, Low Fuel Costs Mean Low Freight Rates Until 2020: Goldman Sachs

Average utilization rate of the dry bulk shipping fleet is scheduled to decline from 90 percent to 70 percent by 2019.

Dan-Bunkering Makes New Appointment in Dubai

Emad Alrifai is the company's 16th employee at its Dubai office.

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