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Oil Plunge Will Mean Huge Wave of Shipping Disputes in 2015
"The cases that are coming...will be huge and could take even longer than what we have experienced in shipping before," says Wikborg Rein partner.
23 Apr 2015
Mexican Government Pours $5B Into Port Development
The investments are part of an overall strategy to manage the ports more systemically nationwide.
23 Apr 2015
OW Bunker, ING May Break Cash Collection Deadlock
But "there is some confusion" as to whether a proposed Cooperation Agreement will be effective while physical suppliers maintain their claims.
23 Apr 2015
Environmental Groups Defend Ship Efficiency Report
The ICS had previously criticized the results as both fanciful and misleading.
23 Apr 2015
Low Prices Will See Bunker Demand Rise in Medium Term
"The global shipping industry could be a significant source of extra petroleum demand if bunker costs remain low," says Reuters market analyst.
23 Apr 2015
NSA: Shipping is Entering an Age of Uncertainty
The industry is reportedly facing new economic and security challenges.
23 Apr 2015
Lloyd's Register Marine Releases New Fuel Management Toolbox
The toolkit is available to all customers of its Fuel Oil Bunkering Analysis and Advisory Service.
23 Apr 2015
Iran Expects OPEC to Accommodate its Increased Crude Production if Sanctions Lifted
Oil minister wants OPEC to reduce daily production to accommodate hike.
23 Apr 2015
New Engine Design Produces Energy 25 Percent More Efficiently
The technology reportedly burns fuel over 30 times faster than original gas engines.
23 Apr 2015
Industry Insight: Dawn of the "Open Platform" – Standardisation in Gathering Big Data
Industry Insight: Dawn of the "Open Platform" – Standardisation in Gathering Big Data
A few companies have presented a unique idea: a common data gathering platform on board that can support any solution or application provider.
23 Apr 2015
Crude Oil Prices Finish Day in a Mixed Bag
We maintain that crude might be trading higher than it should be right now and expect to see some softening in the coming weeks.
22 Apr 2015
Cargo Volumes Rebounding At U.S. West Coast Ports
Container volumes spiked 21 percent at the ports of Seattle and Tacoma, while Los Angeles and Long Beach reported a 24 percent rise.
22 Apr 2015
Bulk Carrier Released After Vancouver Bunker Spill
The M/V Marathassa has continued on its original intention of collecting grain in Vancouver Harbour.
22 Apr 2015
New AHTS Design Cuts Fuel Consumption By 25 Percent
Wartsila unveils vessel design at Sea Asia exhibition.
22 Apr 2015
IMB Report: One Coastal Tanker Hijacked Every Two Weeks in SE Asia
ICC states that the number of hijacks in South East Asia is "worrying."
22 Apr 2015
Clyde & Co: ECA Compliance Better than Expected
Vessels operating in an ECA have been required since January 2015 to use fuel oil with sulphur content no greater than 0.1 percent under MARPOL Annex VI
22 Apr 2015
DNV GL Presents LNG Solution Aimed at Moving Cargo from Road to Sea
A report on the new maritime transport concept, the Cargo Ferry project, was presented in Oslo Monday.
22 Apr 2015
Report: Favorable Purchasing Environment and Bunker Fuel Price Declines Through to 2017
Crude oil production is forecast to continue rising at a significant rate, causing suppliers' operating costs to decrease further.
22 Apr 2015
ICS Dismisses T&E Claim About Worsening Ship Efficiency as "Fanciful"
T&E's conclusions were based on "selective" use of data, says ICS.
22 Apr 2015
Sri Lanka: SLPA Seeks Private Sector "Bail Out" for Hambantota Bunkering
"We are now reaching out to the private sector to 'bail out' the SLPA and desperately looking for a partner for a joint venture," says Hambantota official.
22 Apr 2015
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