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OPEC: Crude Falling After Saudi Arabia 'Unilaterally Lowered' Prices

OPEC's largest producing member, Saudi Arabia, has lowered its prices for crude oil delivered next month without consultation with other members.

ExxonMobil: Bunker Markets Will Become Much More Complex and Fragmented

"We will see many different products that are manufactured in different ways and perform in different ways," says ExxonMobil's Iain White

Japanese Battery Maker Joins Renewable Power Project For Greek Ferry

Furukawa will supply batteries for Eco Marine Power's energy storage trial project.

Asian Shipbuilders Compete for Shell LNG Bunkering Ship

Korea's Samsung Heavy Industries, STX Offshore & Shipbuilding, and China's Avic Dingheng Shipbuilding are all bidding.

Vietnamese Tanker Feared Hijacked After Departing Singapore

IMB's piracy watchdog urges other vessels to keep a look out for ship carrying 18 crew and 5,226 tons of oil.

U.S. Navy: Unmanned Vessels by Next Year, but "People Questions" Remain

The U.S. Navy says it has sucessfully tested unmanned, "autonomous" boats which could be put to use next year.

IBIA: IMO Needs to Act on Poor Quality Bunkers

The industry associated has proposed a licence system to the IMO's Marine Environment Protection Committee.

OW Bunker Adds New Manager to UK Team

Varun Chhabria will be Manager responsible for sourcing and reselling in the United Kingdom.

P&O Ferries: ECA Rules Will Increase Fuel Bill by £30 Million per Year

The company is creating a low sulfur surcharge and expects to recover costs by passing them onto customers.

Brent at its Lowest Since June 2012

Bunker buyers should be waiting to make purchases as long as they can.

ExxonMobil Gains OEM Approval for SHC Aware H Series Lubricants

ExxonMobil says the new lubricants are compliant with EPA requirements as well as reducing the need for maintenance.

SGMF to Release Guidelines for LNG Bunkering

SGMF member guidelines for LNG bunkering will be "reasonably prescriptive" says society's General Manager.

MES Developing New Eco Gas Carrier

Japan's Mitsui Engineering & Shipbuilding Co., Ltd.is developing a multi-gas carrier to transport LNG and LEG.

Alfa Lavel Receives New Scrubber Order

The order is for $7.6 million worth of gas exhaust cleaning systems.

MOL: Evolving Regulations are a Business Opportunity

MOL President says the company could turn envirmnmental regulations into competitive advantage.

Second Singapore Arrest in 12 Months for Essar Bulker

Essar-owed bulker Kiran has been arrested in Singapore for the second time in 12 months.

2013 Sees Slight Decline in Ship Operating Costs

Average operating costs in the shipping industry were down 0.3 percent on the previous year in 2013, but crew costs rose slightly.

WesPac Midstream Ponders Alaskan LNG Bunkering Facility

250,000-gallon-per-day liquefaction plant planned near Anchorage.

Marine Energy Management Firm Marorka Expands into Copenhagen, Singapore

Changes at Marorka will see firm's global footprint increase significantly following injection of funding.

OW Bunker Appoints New CFO

Group treasury manager Kent Larsen will replace Morten Skou.

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