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OW Bunker China Seeking Court Protection

Receivers will be contacting shipowners and charterers over unfulfilled bunker payments.

Indian Shippers Call for India to Extend Bunker Duty Exemption

"This has been a long-standing demand of Indian ship owners and operators seeking a level playing field," says ICCSA President.

Plummeting Crude, Bunker Prices Unlikely to Change Slow Steaming Practices

"Cargo won't pay for shorter transit times," says Masterbulk CEO Nicholas Fisher.

Dutch Operator Blames Route Shutdown on 2015 ECA Rules

"Due to the upcoming SECA legislation per 1 January 2015 ... up to 50% of the trailer volumes will return to the road," says Transfennica.

Dan-Bunkering Names Former OW Bunker Traders Opening Its New Aalborg Office

Five ex-OW Bunker traders will man the Aalborg office and will be "ready to trade from day one."

ICS: EU CO2 Rules Could Jeopardise Global Agreement

EU rules "will certainly complicate and perhaps jeopardise these delicate negotiations," says the International Chamber of Shipping.

Deep Sea LNG-Fuelled Ships Target Trans-Atlantic Price Arbitrage

Eight LNG-fuelled ships being built for Evergas are due to set sail next year as Ineos aims to bring U.S. gas and ethane to Europe.

Simon Neo: A $1 Bunker Price Premium Will Recover Singapore Mass Flow Meter Costs in 6 Months

"All Bunker Tankers in Singapore need to do about 8 to 10 turnarounds a month to be in business," Neo tells Ship & Bunker.

Aegean: "Power Vacuum" Left by OW Bunker an Opportunity for Growth

"For us, we're also looking at some of the markets and some of the people too," says Aegean President E. Nikolas Tavlarios.

OPEC Non-Action Will Lead to a U.S. Shale Crash "on Par with Dot-Com Boom", Says Lukoil Vice President

"The strong players will remain, the weak ones will vanish," says Lukoil Vice President Leonid Fedun.

DNV GL: 24,000 TEU Box Ships Possible, But Will Encounter Numerous Obstacles

Mega ships will face problems in having to adjust to port infrastructure, seaways and bridges.

ECAs Offer Innovation Opportunities for Bunker Saving Technology

Sulfur compliance may encourage shippers to develop energy-efficient ship components.

Fourteen More Shippers Join ECA Enforcement Alliance

The Trident Alliance's 31 members now include Hapag-Lloyd and DFDS Seaways.

New Bunker Monitoring Tool Avoids Need for "Expensive" MFM-Based Systems

Engineering group CMR says its new bunker monitoring tool could avoid the need to use "expensive" mass flow meter-based systems.

Neste Oil to Launch New Low-Sulfur Fuel at End of the Year

The company said that it will be able to provide the fuel at a competitive price.

Ferry Operator Gets Go-Ahead for LNG Conversions, Aims to Cut Bunker Bill in Half

Modifications to the Spirit of Vancouver Island and the Spirit of British Columbia will take place between late 2016 and early 2018.

Brightoil to Continue with Acquisition of Singapore Bunker Tankers Despite Setbacks

Hong Kong's Brightoil will add two newbuild bunker tankers to its Singaore fleet despite problems with delivery of vessels.

Gazpromneft Marine Bunker Looks to Double Fleet, Focus on LNG Bunkering

"We are also lining up investment in the modernisation of our terminal complexes," says CEO Andrey Vasiliev.

Oil Prices Collapse as OPEC Makes No Move to Cut Output

Analyst says the move means Saudi Arabia and OPEC are no longer managing the supply side of the market.

Weekly Vessel Scrapping Report: 2014 Week 48

Weekly Vessel Scrapping Report: 2014 Week 48

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from November 20th - 26th, 2014.

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