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CSCL Sought for $1.77M in Unpaid OW Bunker Bill

Russian bunker supplier Big Port Service is said to be pursuing CSCL through an arbitration procedure in New York.

Study Reveals Newer Built Ships Are 10 Percent Less Fuel Efficient Than Those Built in 1990

Study also says containerships built 30 years ago exceeded IMO standards set for ships built in 2020 through its Energy Efficiency Design Index.

Vancouver Mayor Slams "Totally Inadequate" Response to Bunker Spill

Mayor Gregor Robertson said that the lack of provincial and federal response revealed a lack of leadership from the very top.

Crude Maintains Upward Trend

But Citigroup has put out a commodities outlook report stating that Brent Crude will have an average of $55 per barrel during 2015.

New Tallink High Speed Ferry to Run on Linde LNG System

"With this project, AS Tallink Grupp and the marine industry takes an important step to contribute to a green Baltic Sea," says MD.

Ship That Caused Bunker Spill in Vancouver Was On Maiden Voyage

The MV Marathassa was reportedly in Vancouver collecting grain.

Russia's Port Kavkaz Doubles Bunker Sales as Q1 Throughput Triples

Bunker sales rose to 84,500 tonnes between January and March 2015.

Update: Shipowner Will Likely Have To Pay for All Vancouver Bunker Spill Cleanup Costs

The M/V Marathassa was confirmed as the cause of the bunker spill.

Condor Ferries to Fit DuPont Scrubbers

"We will minimize sulphur oxide and particulate emissions whilst keeping prices as low as possible for freight transport," said Condor.

Geos Group in Strategic Alliance with Phillips 66

Under the agreement, Phillips 66 will operate all ex-rack road loading services from Geos Group's recently opened Port of Blyth storage facility.

3 Year Study Concludes Eco-Retrofits Can Realistically Give 5% Fuel Savings

The project was in part initiated by Imtech Marine, and was funded by the European Commission under the 7th Framework Programme.

Norwegian Ferries to Install Bunker Saving Rolls-Royce Propulsion Systems

Full feathering propellers allow the ferry operators to reduce the amount of engine power needed during crossings, says Rolls-Royce.

Wärtsilä Says New Pump is "Important Enabler" for LNG Bunkers

The Wärtsilä Svanehøj ECA Fuel Pump minimises the gas pump's contribution to boil-off gas generation, improving efficiency, says maker.

G6 Alliance Struggling with Smooth Integration of East-West Networks

Industry criticism has also pointed to the number of participants, all with different company philosophies and geographical priorities.

Singapore Dry Bulk Market Might Not Be "So Bad" in 2015

Comapnies are focussed on driving efficiencies while ship orders have "ground to a halt," says Precious MD.

Iran Deal: Iran Says Sanctions Must Lift From Day 1, EU Renews Existing Sanctions

Hourani says Iran will not sign a deal unless sanctions lift from day one, meanwhile the EU renews sanctions against 33 Iranian companies.

Concordia Maritime Receives New Fuel- Efficient Tanker

The Stena Image is the first of two that will be delivered

Room for "Cautious Optimism" in Singapore Maritime Industry

Singapore shipping should invest in R&D, particularly LNG, if it is to be prepared for a future bounce back in bunker prices.

Strong Start to 2015 for Stolt-Nielsen, Expects to Continue to Benefit from Low Bunker Prices

"...but cargo volumes must increase if we are to see any material improvement in the chemical tanker market," says CEO.

ICS: UN Environment Regulations Must Be Economically Viable

"Unless the shipping industry is commercially viable it will not be able to deliver the investments," required by regulators, says ICS.

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