All News

2015 May be a Landmark Year for Aegean, the Bunker Supplier Says
Aegean's President E. Nikolas Tavlarios says it continues to position for success "despite challenges that others in our industry may be facing."
25 Nov 2014
Aegean Sees Q3 Bunker Volumes Rise 18.5%
Aegean's President E. Nikolas Tavlarios says the result shows the firm's "strong, sustainable growth drivers."
25 Nov 2014
OW Bunker North America to Hold Bunker Auction Next Week
Interested bidders must submit a bid in writing by 1:00 p.m. EST on December 2, 2014, with the auction taking place on December 4.
25 Nov 2014
China COSCO's Xu Minjie Gets 10 Years for Corruption
The investigation began last November, prompting the executive to resign.
25 Nov 2014
New Brightoil Singapore CEO Confirmed
Wang Wei comes from Chinese state-run Sinochem.
25 Nov 2014
Profit Drops 39% at Singapore's Marco Polo Marine Despite Revenue Growth
Profit after interest, but before tax, dropped 39 percent year-on-year to S$13.7 million for FY2014.
25 Nov 2014
Interferry: New IMO Rules on LNG Fuel Tanks Will Safeguard LNG Development
The new rules will see LNG ships either adopt LNG tanker rules or make adjustments to LNG fuel tank design.
25 Nov 2014
Torm Announces Non-Compliance with Loan Facility, No Default Expected
Torm last week announced to the market that it had breached one of the terms of its debt facility as restructuring negotiations are taking longer than hoped.
25 Nov 2014
Integr8 Hires Four Ex-OW Bunker Traders
Two traders were hired in Singapore, while two were hired in Dubai.
25 Nov 2014
Maersk Line's Skou Says Loss-Making Shippers "a Concern"
A large number of loss-making shippers is bad for the industry and world trade in general, says Søren Skou.
25 Nov 2014
OW Bunker Far East to Meet Creditors in Singapore on December 4
A creditors meeting will take place on December 4 as part of the liquidation process underay at OW Bunker Far East.
25 Nov 2014
PwC Appointed Receivers for Lenders of OW Bunker
PwC said that it would pursue suppliers who "interfere with lenders' receivables" directly.
25 Nov 2014
Brent Again Dips Below $80/bbl
There remains no sign of an impending OPEC cut in supplies.
24 Nov 2014
Dan-Bunkering Opens New Trading Office in Aalborg, Denmark
The team of 5 will start operations on December 1, and the firm is working on expanding the team further.
24 Nov 2014
Industry Insight: Is Shipping Really Such a Conservative Industry?
Industry Insight: Is Shipping Really Such a Conservative Industry?
Innovation is key, collaboration is crucial. Shipping needs to respond positively and it will profit in our fast changing world.
24 Nov 2014
IMO Adopts the Polar Code
Safety provisions of the Polar Code are being made mandatory through amendments to SOLAS, with MARPOL amendments expected next year.
24 Nov 2014
Low Bunker Prices Cut Into Eco-Ship Advantages
Bunker prices have fallen 20 percent over the past two months.
24 Nov 2014
Gazpromneft Marine Bunker Sales Climb 32%
Gazpromneft Marine Bunker has seen bunker sales volumes jump 32 percent year-on-year in the 9 months to September 2014.
24 Nov 2014
Low Oil Prices are "Positive for the World Tanker Business"
The recent drop in oil prices means low bunker prices and an increase in oil demand, says Nordic American Tankers.
24 Nov 2014
Stena Line Methanol Bunker Conversion Gets Go-Ahead
The engine conversion will cost €22 million ($27.5 million).
24 Nov 2014