All News

Spain Begins Collecting Washed Up Fuel From Bunker Spill
120 kilos of bunker fuel out of an estimated 1,409 tonnes of fuel has been collected so far.
27 Apr 2015
Singapore Bunker Prices Under Pressure from Flood of Russian Fuel Oil
Singapore's fuel oil imports from Russia are said to have trebled year-on-year to 4 million tonnes during Q1 2015.
27 Apr 2015
MOL Orders 4 Bunker Saving Car Carriers
"MOL has taken an aggressive, ongoing approach to developing innovative next-generation car carriers," says the company.
27 Apr 2015
Singapore: MPA Unvails Drone Technology to Help Combat Bunker Spills
Drones can be deployed more quickly than traditional aircraft and helicopters, says Bas Wiebe, General Manager of Singapore Oil Spill Response Centre.
27 Apr 2015
Bunker Delays Severe As Russian Port Operations Resume
Suppliers to Novorossiisk "struggling" with delivery delays.
27 Apr 2015
Fuel From Sunken Russian Trawler Heading to Tenerife Beaches
Vessel that sank off the Canary Islands reported to still be losing fuel.
27 Apr 2015
Bond Set On Bunker-Leaking Ship in Vancouver
The $300,000 bond will provide incentive for Alassia NewShips Management to appear at subsequent proceedings or prosecutions.
27 Apr 2015
VPS Highlights Shipowner Concerns Over Fuel Changes
The fuel testing company names the shift to distillate fuels, the implementation of new regulations, and the development of hybrid fuel as 3 key driving forces.
27 Apr 2015
CWR: Banks Increasingly Base Ship Financing Decisions On Energy Efficiency Data
Shipping banks such as KfW IPEX-Bank said that they had analysed their investment portfolios according to the energy efficiency rankings of ships.
27 Apr 2015
Industry Insight: Sink or sail? Fuel-Efficiency Solutions in an Era of Cheap Oil
Industry Insight: Sink or sail? Fuel-Efficiency Solutions in an Era of Cheap Oil
When a product says it will cut your fuel bill and pay for itself in a matter of months, what do you do when the market conditions underpinning that proposition are badly shaken?
27 Apr 2015
More Bloodbath, Consolidation for Oil & Gas Industry in 2015
Players will see a wave of consolidation and look for moves to lower cost locations, hears Sea Asia conference in Singapore.
24 Apr 2015
Tanker Owners Look to New Ships, Not More Ships
Tanker owners are looking to replace ships, rather than grow their fleets in the current market, says AET Tanker Holdings CEO.
24 Apr 2015
LR: Case for Scrubbers is Not Yet Strong or Urgent Enough
"The business case for installing scrubber technology on deep sea tank, bulk or container ships is not, yet, either strong enough or urgent enough," says LR.
24 Apr 2015
GAC: HullWiper Diver-Free Hull Cleaning Technology Now Available in Singapore
A clean hull significantly decreases carbon emissions and fuel consumption, says GAC EnvironHull.
24 Apr 2015
Wärtsilä Q1 Robust Despite "Slow Marine Market"
"Low oil prices are causing a wait and see attitude," says CEO, but Services sales rose 11 percent in Q1 2015.
24 Apr 2015
OOIL: Box Ship "Arms Race" is Terrible for Shipping Industry
"Investing in mega-vessels will often be the best choice for the individual carrier, although it is a terrible thing for the industry as a whole," says OOIL Chairman.
24 Apr 2015
Crude Prices Back on the Rise - Bunker Buyers Should be Buying as Far Out as Practical
Brent also firmed significantly by $2.11 settling at $64.84 per barrel., while WTI was up $1.49 per barrel settling at $57.74.
23 Apr 2015
Weekly Vessel Scrapping Report: 2015 Week 16
Weekly Vessel Scrapping Report: 2015 Week 16
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from Apr 16 - Apr 22, 2015.
23 Apr 2015
Strevens: It's a Mistake to Think Low Bunker Prices Means No Impact From New ECA Rules
VP of Environment at WWL & Chairman of Trident Alliance shares his thoughts ahead of the Platts European Bunker Fuel Conference 2015.
23 Apr 2015
Vitol: Oil Will Trade At $50-70 Per Barrel in Late 2015
The world's largest oil trader said that oil prices are likely to bottom out around $50 per barrel.
23 Apr 2015