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Iran Releases the Maersk Tigris

The containership was detained last week over a decade-long legal dispute between Maersk Line and an Iranian company.

Four Royal Caribbean Vessels To Receive Alfa Lavel Scrubbers

Three Freedom Class and one Voyager Class vessels will be retrofitted with the PureSOx system.

Gulf Petrochem to Start Bunkering Operations in Fujairah

The licence issued by port authorities is effective immediately.

Weekly Vessel Scrapping Report: 2015 Week 19

Weekly Vessel Scrapping Report: 2015 Week 19

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from April 30 - May 06, 2015.

Finally, Brent and WTI Futures Retreat

The world is still oversupplied with crude, and we could fairly soon see as much as an excess of 2 million barrels per day more available in the market.

Collapsed Bulk Market Still Offers Opportunities For Clipper Group

Clipper is eyeing a purchasing option for its chartered ships to expand business.

Viking Line: Bunker Savings are a Big Area of Focus for First Ocean Cruise Ship

Cruise line says fuel efficient ship design a large consideration in staying economical.

German Rail Strike Tightens Bunker Supply at Hamburg

Traders who receive supplies at sea have reportedly not been as affected.

Analyst Downgrades World Fuel Services to "Sell" Rating

Although first-quarter EPS beat estimates, revenues were said to have missed expectations.

Maersk Tigris To Be Sold Unless $10 Million Paid

Iran's Pars Tala'eyeh Oil Products Company demands the monies for losses it says it has incurred.

Weekly Vessel Scrapping Report: 2015 Week 18

Weekly Vessel Scrapping Report: 2015 Week 18

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from Apr 30 - May 06, 2015.

Alphaliner: Despite Rumours, China COSCO, CSCL Merger "a Remote Option"

China COSCO and CSCL have again denied speculation that the two companies are working on consolidation

Brightoil to Sell Bunker Tanker to Singapore Subsidiary

Brightoil 319 Oil Tanker Pte Ltd. will purchase Vessel 319 for $8.4 million.

Australia Urged to Wait on Implementing Marine Sulfur Limits

The Cruise Lines International Association said that the country should base its actions off of science-based studies instead.

Odfjell Slides to $32 million Loss, Expects to Lose Out on $57 Million Through Bunker Hedging in 2015

Odfjell said the low prices, plus a weak Norwegian Krone, had "significantly" impacted the market value of its existing bunker hedging positions.

Crude Makes Mixed Movements

WTI ended up loosing its momentum but settled $0.53 higher since yesterday close.

OW Bunker: Bank Snubbed as Investors Make Headway on Secret Lawsuit Code Named "Project Black"

"It would be wrong to announce an official boycott, but we weigh up all factors when we decide which banks we use for trading," says OW investor ATP.

Bulk Carrier Arrested as Trader Seeks $550,000 Over Unpaid Bunker Bill

Bulk carrier m/v Jo Jin Maru was reportedly arrested on Tuesday.

Matson To Install Scrubbers on Alaskan Containerships Acquired From Horizon

Matt Cox, president and chief executive officer of Matson, says the shipper will also look for ways to expand the use of LNG.

Containerships Selects Eniram to Help Reduce Bunker Costs and Improve Ship Efficiency

Containerships will be working with Eniram to optimise its vessel performance and reduce fuel consumption and emissions.

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