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TORM Deal All But Concluded

"I have a hard time seeing how this could fail to happen," says Chairman on the chances of lenders signing "locked text" agreement

ABS Updates LNG Bunkering Guidance to Include "Important Lessons"

The new guidelines are a response to growing demand for LNG vessels and infrastructure, says ABS.

Carnival Orders its "Most Efficient" Ships Ever

Nine cruise ships are on order from two European yards for delivery over four years.

Fuel Cost, Consumption Down For Carnival in Q1 2015

The outlook on bunker savings for Q2 2015 remains bright despite costly hedging programme.

DNV GL: Oil Output Cuts Could See HFO Disappear by 2025

Business director Gerd-Michael Wursig hinted that LNG could be competitive enough in the future to overtake HFO.

2020 Global Sulphur Cap Could Add $100Bn to Shipping's Annual Bunker Bill

The premium for ECA compliant MGO over HFO is expected to remain in the range of $250 and $400 per tonne, regardless of price fluctuations.

Intertanko: IMO Should Use Singapore Model to Shape International Standards on Fuel Quality Best Practice

Current proposal for MEPC68 is not what the organisation had hoped for, says Tim Wilkins.

Iranian Navy Prevents Pirate Attack on Oil Tanker

Naval forces reportedly responded to distress calls in time to fend off pirates.

Deliveries in Santos are "Back to Normal"

Operations were suspended Tuesday night.

LNG to Corner 12% of Bunker Market by 2030

LNG will make up only 1.5 percent of bunker demand by 2020, but will grow following changes to environmental regulations.

Brightoil Denies Interest in Acquiring Noble

Previous reports listed Brightoil as potentially being interested in acquiring the commodities trading giant.

Crude Prices Soar as Yemen Conflict Unfolds

WTI crude futures rose over 4%, Brent crude futures surged 5%.

Update 1: MPA Rejects Claim it Could Have Averted OW Bunker Bankruptcy

MPA also says no malpractice was found at Noble, and that its exit from bunkering was because they decided not to renew their bunker supplier licence.

Weekly Vessel Scrapping Report: 2015 Week 12

Weekly Vessel Scrapping Report: 2015 Week 12

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from Mar 19 - 25, 2015.

Bunkering Facilities, Storage Set to Grow in Fujairah

However crude oil storage was said to be the priority, as throughput and revenue are higher.

Tight Bunker Supply in Japan Drives Business Elsewhere

Hong Kong and South Korea are seeing enquiries rise as Japanese traders have little to offer the market.

BIMCO Standard Bunker Contract "Already Being Readily Accepted by Suppliers and Traders Worldwide"

"Using a boilerplate contract that addresses key procedures and regulatory requirements adds a valuable tool for bunker negotiations," says BIMCO.

No Need For Shipowners to Rush on LNG, Says MAN Diesel & Turbo

Senior Vice-President Ole Grone said that the price of the technology is likely to drop as newer technology enters the market.

Lower Bunker Costs Not Enough to Fund Required Investments for Box Carriers

Continuing investment in new, larger vessels is vital for the future of container lines, but lower bunker prices are unlikely to boost financial positions sufficiently, says report.

Shipowners Expect Better Charter Market in 2016

The gap between supply and demand for containerships is expected to widen next year.

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