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Gulf Petrochem Renames Indian Acquisition, Puts it "in a Better Position to Grow"

"We are delighted with the name change and are happy to have this business as part of our portfolio," says Executive Director.

Surprise Improvement in Bunker Fuel Quality After Introduction of New ECA Rules

Previously a change in legislation has lead to an increase in off-spec fuels.

Strong Gains for both WTI and Brent

Bunker buyers should fix their ships when ever an opportunity arises.

Interferry: Environmental, Safety Rules Should Be More Pragmatic

There has been a smooth start to new sulfur rules in ECAs but Interferry urges change to proposed ballast water rules and ship safety development methods.

Bunker Tankers Arrested in OW Bunker Fallout Sold at Auction in Singapore

Two tankers were sold earlier this month, while a third is going through its third round on the auction block.

"Too Much Oil" in Rotterdam Fuels Singapore Arbitrage

Traders are seeking Suezmaxes for delivery of IFO 180 from Rotterdam to Singapore, as they eye a $38 per mt arbitrage.

Rickmers to Spend $50M On Energy Efficiency Ship Retrofits

The upgrades would be paid for in part by Rickmers' charter customers.

Western Australia Looks for Closer Collaboration with Singapore on LNG

"If Singapore is going to develop as a trading point and storage point for LNG, it will need to access long-term supplies of gas," says WA Premier.

COSCO Sells Old Vessels, Improves Overall Fleet Fuel Efficiency

The sales include a containership and 13 bulk carriers.

Hapag-Lloyd Signs Shenzhen Green Port Initiative

Under the agreement, Hapag-Lloyd agrees to burn only bunkers with a sulfur content lower than 0.5 percent while its ships are at berth.

BC Ferries: Game Changing LNG Bunkers will Save Us Millions

New and converted B.C. ferries will have operational lifespan of 40 years.

Malaysia Seizes Bunkers, Boats, Drugs, in Illegal Fuel Sales Raid

Six boats and 5.1 metric tonnes of marine products were involved in the MMEA seizure.

Singapore Hits Record Q1 Bunker Sales

The world's top bunkering port by volume records its highest ever first quarter bunker sales of 10,653,600 mt for all products.

Crude Futures Make Another Significant Gain

We advise bunker buyers to buy sooner rather than later to minimize risk to the upside.

MP Decries Ferry Fare Discounts Over Lowering Fuel Surcharges

MP Gerry Byrne said that Newfoundland-based Marine Atlantic should be lowering the fuel surcharge to all customers.

Analysts: Aegean is a "Strong Buy"

Four analysts have suggested a 12-month consensus target price for Aegean shares of $17.40, predicting current quarter earnings per share will hit $0.24.

Maersk Looks to "Big Data" to Lower Bunker Bills

"We are in a good position in relation to developing knowledge on how big data in shipping can support future technology development," says MMT head.

Maersk: We Are Definitely Looking into LNG Bunkers

While no decision has yet been made concerning the use of LNG bunkers, it is seriously being considered as an option in the fuel mix.

Evergreen Eyes Bunker Savings from New Software

Evergreen expects to improve fuel consumption by 4 to 6 percent through the installation of ClassNK-NAPA GREEN software on its chartered fleet.

Canadian Coast Guard Defends Vancouver Spill Response As "Exceptional"

Commissioner Jody Thomas said that the efforts had been exceptional by international standards.

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